CapitalMalls - IPO

CapitaMalls Malaysia Trust (CMMT) is seeking to list on the Main Market of Bursa Malaysia on 16 July
2010, with a fund size of 1,350,000,000 units, comprising:

1. Issuance of 563,478,000 units as part of the consideration to acquire the properties from CapitaMalls Asia Limited
2. IPO for the offer for sale of 786,522,000 new units, comprising the following:

• Conditional offer for sale of 719,022,000 new units to Malaysian and foreign institutional and selected investors
• Conditional offer for sale of 45,500,000 new units to eligible directors of the manager of CMMT and eligible employees of CapitaLand Retail Malaysia SB
• Public issue of 22,000,000 new units to the Malaysian public

Below are some of the data from my broker:

Stretch your Ringgit – investment & wealth management 101

Recently, i attended Yap Ming Hui talk on "Stretch your ringgit - investment & wealth management 101". He is one of Malaysia's foremost authorities on financial freedom. He is the author of five best-selling books. His latest book is Roadmap to Financial Freedom : The Ultimate Guide to Achieve Financial Freedom:

http://www.mphonline.com/books/nsearch.aspx?do=detail&pcode=9789834172442

Some of my friend able to capture few key point during his talk in Unit trust. And i would like to share with everyone who invested in Unit trust:

1) Time horizon provision

- make sure have holding power

                          Share   Property            Bond     Fix deposit

Potential return    H          H                       M          L

Volatility             H          L                        M          L

Liquidity              M          L                        M          H

The right money in the right bucket

Low risk assets – saving, current acc, fixed deposits(keep ~6months money) à liquidity (low risk low return)

Moderate risk assets – balanced investment, diversified, selected property à retirement, children’s education, wealth enhancement (consistent above average returns, limit downside risks)

High risk assets – direct stock, IPOs, single country, theme funds, lottery à high returns/thrill (high risk high return)

2) Target ROI return – align portfolio with target

Moderate risk investor targeting for 8-10% annual ROI

3) Asset allocation (diversify) avoid concentrated risk and reduce volatility

4) Best of breed funds (invest in good funds, avoid lousy funds) –choose quality investment

5) ROI optimization – optimize portfolio ROI

6) regular rebalancing – help you to buy low sell high

7) dollar cost averaging (DCA) – help you to buy more at low price

8) cost effective and efficient platform - minimize hassle and cost

one more reminder from Mr Yap: if you are not practicing 4 or 5 out of the 8 guideline, or you do not plan to practice more guideline, please do not invest in Unit trust and find other product. For sure you will lose $$.