Saturday, 30 March 2013

AirAsia bags Low Cost Airline of the Year Award

KUALA LUMPUR: Budget carrier, AirAsia Bhd, has won the "LIMA 2013 Asean Low Cost Airline of the Year Award" at the Asean Commercial Aviation Awards at the ongoing Langkawi International Maritime and Aerospace(LIMA'13) Exhibition.

AirAsia romped home the award in recognition of its high revenue growth, profitability and above average revenue passengers kilometres, Chief Executive Officer Aireen Omar said.

She said the achievement was made possible through unwavering focus and discipline in keeping costs low and providing the finest products and services, coupled with low fares.

"Our penchant for continuous innovation and superior synergy of ourshort-haul and long-haul networks has given us an edge in becoming a leader in the global low cost carrier segment," she said in a statement.

AirAsia said the Asean Commercial Aviation Awards, hosted for the first time in conjunction with LIMA'13, aims to acknowledge and honour amazing achievements by the Asean commercial aviation fraternity last year.

The award also aims to capture the leadership and innovation spirit that inspires significant and board-reaching progress in the booming aviation industry.

AirAsia was conferred the honour in a ceremony at the Mahsuri InternationalExhibition Centre in Langkawi yesterday. -- BERNAMA

Read more: AirAsia bags Low Cost Airline of the Year Award - Latest - New Straits Timeshttp://www.nst.com.my/latest/airasia-bags-low-cost-airline-of-the-year-award-1.244153#ixzz2P1DTJbkP

亚航荣获企业监管协会3大奖

(吉隆坡29日讯)亚洲航空(AIRASIA,5099,主要板贸易)荣获3项亚洲企业监管协会大奖,成为首位3度蝉联该奖项的公司。

 该公司总执行长丹斯里东尼费南德斯指出:“儘管周遭环境非常严峻,油价不稳定,经济也不景气,但我们仍成功突破难关,顺利扩展业务,得到这3项奖项,这对公司来说,是一种肯定,有助振奋公司的荣誉。”

 3项亚洲企业监管协会大奖分別为,大马最佳投资者关係公司奖、大马最佳总执行长奖及大马最佳投资者关係专业奖。

 至今,亚洲航空共拥有120架飞机机队,可承载超过1亿8000万名乘客。

 展望未来,东尼费南德斯指出,该公司將著重于印度市场,主要因为公司当地的合资企业,仍未获得印度外资促进局(FIPB)批准。

 “印度是个具有很多机会的大市场,近年来,公司一直在研究印度这个市场,公司也对该市场充满信心,预计这是刺激旅游市场成长的好时机。”

获东南亚年度低成本航空奖

亚洲航空荣获2013年国际海空展(LIMA)颁发“2013年国际海空展(LIMA)东南亚年度低成本航空公司”奖项。

 亚洲航空透过文告指出,该公司是以可观的收入成长、净盈利、及高于平均水平的运客量,成功获得主办单位青睞,而获得该殊荣。

 “非常荣幸可成为首个获得‘2013年LIMA东南亚年度低成本航空公司’的航空公司, 这主要因为公司时刻严守纪律,提供最优质服务和低票价给客户。”

 亚洲航空指出,公司非常感激主办单位颁发该奖项,这对亚洲航空来说,是极具意义的奖项之一。

 “该2013年国际海空展商业航空颁奖典礼,昨日于玛苏丽国际会展中心(MIEC)举行。”
 

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Good job AA!  Received 3 awards.

IHH reached at RM 3.74


Thursday, 28 March 2013

CROCS Clearance Sales


Details:
Warehouse Clearance Sale with price start from RM3o onwards at Kuala Lumpur, Penang & Johor warehouses.

Promotion Period:
29 March – 7 April 2013

Time:
10AM – 7PM

Venue:
KUALA LUMPUR
Hotel Sri Petaling
Showroom 32-0-01, Ground Floor, Annexe b,
32, Jalan Radin Anum, Bandar Sri Petaling, 57000

PENANG
Shop lot 3-g-3, Ground Floor, Lorong Delima 20,
(facing Jalan Yeap Chor Ee, 11700, same row as domino pizza)
Tel : 012-433 1220

JOHOR
Home Care Shop @ KSL City Mall
Jalan Seladang, Taman Abad, 80250 Johor Bahru, Johor
Tel : 07-289 1740

Promotion is valid while stock last.

The AirAsia FREE SEATS Air Fare Promotion


Details:
The long awaited AirAsia FREE SEATS Air Fare Promotion is back now.

Mark your Calendar for this 2nd April 2013 and starts to plan your journey now.

*Terms and conditions apply.

IHH so powerful

Another new high today with closed at RM 3.68.  How high it can go? Ermmm... Whatever la as long as it keep climbing up...

Cheer!

Wednesday, 27 March 2013

Sunway Lagoon Buy 2 FREE 2 Entrance Ticket with DiGi


Details:
Sunway Lagoon is having its Buy 2 FREE 2 Entrance Ticket with DiGi Promotion now. Simply present your DiGi Mobile to enjoy Buy 2 FREE 2 Entrance Ticket Promotion.

- The free tickets are of equal or lower value of the tickets purchased.
- Tickets must be purchased at the Sunway Lagoon ticketing counter.
- Offer is only valid on Tuesdays.
- Limited to two (2) ticket for each purchase.
- Terms and conditions apply.

Potential trading opportunities in DiGi, said Maybank IB

PETALING JAYA: Trading opportunities for DiGi Bhd might emerge as the distribution of DiGi shares by Time dotCom nears completion, said Maybank Investment Bank.

In a report issued on Wednesday, it said any further price weakness would represent a buying opportunity.

“DiGi has been particularly hard-hit in 2013 by profit-taking (-13% year-to-date) after outperforming peers in 2012. Our earnings forecasts and discounted cash-flow-based target price of MYR4.85 are unchanged,” it said. 
 

Monday, 25 March 2013

AirAsia India to start hiring soon

NEW DELHI: AirAsia India will start hiring soon, its group chief executive officer, Tan Sri Tony Fernandes said.

"We're hiring soon. India here we come," he tweeted.

The dates would be announced soon, he said.

AirAsia India is a 49:30:21 joint venture between AirAsia, Tata Sons and Telstra Tradeplace of Indian investor Arun Bhatia.

Early this month, he announced that the chief executive officer for the Chennai-based operation has been picked but has yet to reveal the name.-- Bernama

Read more: AirAsia India to start hiring soonhttp://www.btimes.com.my/Current_News/BTIMES/articles/20130325170518/Article/#ixzz2OYxuo9Ro

IHH closed at RM 3.62

GE is around the corner.  Malaysia stock market trades with caution.  But, unbelievable, IHH damn perform today.  Today's highest price is RM 3.65.

Cheer up!

Sunday, 24 March 2013

Kenny Rogers Roasters Free Kenny’s Quarter Meal Giveaway


Details:
Kenny Rogers Roasters is giving away free Kenny’s Quarter Meal

Are you RHB Credit Card or Debit Card holder? It’s FREE* 1 Kenny’s Quarter Meal with minimum spend of RM30 every Friday from 22 March – 26 July 2013.

Terms and Conditions:
1. This promotion is applicable for all RHB and RHB Islamic Bank Credit or Debit Cardmembers
2. Payment must be made with RHB Bank, Easy by RHB or RHB Islamic Bank Credit or Debit Cards only
3. Valid at all outlets in Malaysia
4. Not valid with ongoing promotions or discounts. Each cardmember can only redeem for 1 free item per day per receipt, provided that each Cardmember had to spend a minimum RM30 in a single receipt in order to be qualified for the free item.

Padini Concept Store Sale Up to 70% OFF


Location:
Selected Padini Concept Store
 
Details:
Up to 70% off Padini Concept Store Sale

Starbucks Buy 1 Free 1 Hojicha Beverage


Details:
Buy one (1) Hojicha Beverage and get another for FREE promotion deal at selected outlets.

Promotion Period:
23 – 31 March 2013 (10 days)

Time:
12PM – 2PM

Venue:
Selected Starbucks Cafe outlets in Malaysia
1. Bukit Bintang
2. Scott Garden
3. Seri Manjung
4. Taiping Sentral

Terms and Conditions:
1. Promotion is only applicable to Hojicha beverages.
2. Not valid with other promotion or discount.
3. Complimentary beverage must be of equal or lesser value than the purchased.
4. Promotion is valid while stock last.
5. Visit stores for further details of promotion.

When to dissolve parliament?

Today is 24th of March 2013.  Our PM not yet announce to dissolve parliament.

So when?  Next week? or could it be auto dissolve on 28th of April 2013?

Hmmm.... Nothing can do. Just wait patiently...

Thursday, 21 March 2013

Positive outlook for Malaysian economy

KUALA LUMPUR: The Malaysian economy is expected to grow steadily at 5% to 6% in 2013, thanks to strong domestic demand, robust private investment and a better global outlook.

Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz expects growth to be sustained on the back of higher domestic demand and an improvement on the exports front as the global economy recovers.

She added that last year's better-than-expected 5.6% full-year growth came despite a weaker global economic environment.

Zeti said private investments were expected to grow 15.6% this year, led by investments in the services sector while private consumption growth would remain firm at 7.1% backed by income growth and stable employment prospects.

She told a press conference that the minimum wage policy would contribute positively to income growth while the unemployment rate was expected to remain stable at 3.1%.

Meanwhile, CIMB Investment Bank Bhd economic research head Lee Heng Guie expects the economy to grow by 5.5% this year.

“While domestic catalysts will continue to anchor growth, the cyclical upturn in exports should improve economic prospects,” he said.

Lee also said robust private investment growth and public spending would continue to fuel total investment growth. 
 
The country’s economy is doing fine and is set to grow by 5% to 6% this year. The expansion will be due to strong domestic demand, private investment and a better global outlook, says Zeti.

“More projects under the Economic Transformation Programme will be realised this year, thus creating a spillover effect on the construction, real estate and financial services sectors,” he added.

Zeti expects the inflation rate to average 2% to 3% this year. She said the central bank would focus on addressing potential risks to inflation and growth.

She said the Government's fiscal consolidation efforts would continue with the debt-to-gross domestic product ratio to be trimmed to 4% after falling to 4.5% in 2012 and 5% in 2011.

“Government spending will be moderate while revenue will improve significantly, notably that of the Inland Revenue Board, which raised 14% more than expected,'' she said.

On another note, Zeti said the online interbank GIRO fee would be capped at 10 sen effective May 2. According to her, the current rate was RM2 per transaction.

The online interbank GIRO transfer would only be applicable to the Internet and mobile channels.

Zeti also said that the cheque issuance price would be increased progressively to encourage users to migrate to online transactions.
 
 
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Reduce the online interbank GIRO fee to 10 sen as currently was RM2.  Good news!

Wednesday, 20 March 2013

AirAsia: Asia can absorb more aircraft

Asia will be able to take in more aircraft as economic growth and a population of more than 3 billion people will sustain travel demand, said Tan Sri Tony Fernandes, head of AirAsia Bhd, the region’s biggest low-fare carrier.

"There are 3 billion people in Asia, there are 300 million people in America. America has about three times more planes right now than Asia," Fernandes, the group chief executive officer of AirAsia, said in a Bloomberg Television interview at the Credit Suisse Asian Investment conference in Hong Kong today. "So it can take a lot of planes."

The comments come after Indonesian budget carrier PT Lion Mentari Airlines ordered 234 aircraft from Airbus SAS this week -- its second commitment to purchase more than 200 planes in two years -- stoking concerns of overcapacity in Asia. More than a dozen budget airlines began operations in Asia Pacific in the past 15 years as economic growth in China, India and Southeast Asia enables more people to fly for the first time.

The growing population in Asia is expected to help fill the planes, said Fernandes, whose AirAsia group expects to carry 43 million passengers this year. Eleven years ago, the airline carried 200,000 passengers, he said.

"I wouldn’t say there are too many planes in Asia," Fernandes said. "We have 500 planes and we fly in six countries. Lion Air is in Indonesia and a hybrid in Malaysia. Asia can take the planes they have and we have."

Discount carriers have secured about a quarter of the region’s air travel market in the past decade. The region will account for 33 per cent of global passengers in 2016, according to the International Air Transport Association, and HSBC Holdings Plc has said four out of five airports in Asia are operating at or above their designated capacity.

AirAsia has grown into Asia’s biggest discount airline since its takeover by Tony Fernandes and partners in 2001. The Sepang, Malaysia-based carrier has set up ventures in the Philippines, Japan, Thailand, India and Indonesia.

In 2011, AirAsia ordered 200 Airbus A320neo aircraft valued at US$18 billion in the biggest order for the planemaker.

Lion Air, which serves more than 36 destinations, is establishing a low-cost carrier in Malaysia to challenge AirAsia, Airbus’s biggest A320 customer. Low-cost carriers are increasing their fleet as air travel is expected to grow more than 6.4 per cent annually through 2031.

Lion Air already has 700 planes on order and expects to have ordered 1,000 planes within "two to three years," President Rusdi Kirana said last Monday. The Indonesian carrier ordered 230 Boeing Co 737 planes last year.

AirAsia plans to pick an engine for the 100 A320 planes it ordered from Airbus by April 18, Fernandes said, without elaboration.-- Bloomberg

Read more: AirAsia: Asia can absorb more aircrafthttp://www.btimes.com.my/Current_News/BTIMES/articles/20130320121133/Article/#ixzz2O5Fsi2Dq

Tuesday, 19 March 2013

WIN McDonald's Shake Thumb Drives


Location:
McDonald's Outlets with Dessert Kiosks

Details:
Check-In to a McDonald’s dessert kiosk and you could walk away with an exclusive McDonald’s Shake thumb drive! (50 thumb drives to giveaway weekly)

年度最佳低成本公司 亚航获ATN颁殊荣

(雪邦18日讯)亚洲航空在ATN(Air Transport News)加拿大蒙特利尔希尔顿举办的2013年度第2届ATN颁奖礼中,获颁“年度低成本航空公司”。 

 “年度低成本航空公司”是该奖项首设的具代表性荣誉,亚航集团旅客经验总监查曼阿末代表领取奖项。

 亚航集团总执行长丹斯里东尼费南德斯指其亚航感到荣幸,获得其中一个航空界著名且具威信的2013年ATN“年度最佳低成本航空公司”大奖。

 “我们会不断提升,特別是保持低价但提供优质服务,不断创新及结合我们短途及长途飞行的网络作用来促进我们在世界低成本航空业中继续获得成功。”

 他说,11年前,亚航只有2架旧飞机,如今已拥有120架飞机,飞往5个国家並继续在不稳定的经济环境下成为最赚钱的航空公司。

 亚洲航空获得ATN读者票选,在“年度最佳低成本航空公司”奖项中获得提名並晋级决赛圈;在获得经验丰富的评审最后审核后,终于顺利及打败眾多对手获颁该荣誉。
 

AirAsia India needs right cost structure to boost Indian market

MUMBAI: AirAsia India needs to get the right cost structure to stimulate the massive Indian domestic market to fly, AirAsia Group chief Tan Sri Tony Fernandes said.

Although AirAsia had a respected brand, Fernandes knows that price would be the main differentiator in the Indian venture and would be the main selling point for the start-up.

"Let's not kid ourselves, the main thing that will drive passengers is price.

"We have a strong brand loyalty, a good distribution system and Asian route network but the key is the right cost structure so we can offer the right fares to stimulate the massive Indian domestic market to fly," he told Routes News.

AirAsia India is a 49:30:21 joint venture between AirAsia, Tata Sons and Telstra Tradeplace of Indian investor Arun Bhatia.

Fernandes acknowledged that AirAsia has had a tough time in India in the past but this proposed expansion into India's domestic market has been something that has been discussed internally for the past three years.

"It has been tough for us to develop a low-cost structure to compete effectively in India, but we now have the recipe to achieve this," he told the magazine.

This is where the carrier's partnership with Tata Group comes into play.

Fernandes also acknowledged that although it has the operational expertise it would have to rely on its joint-venture partners to provide the insight into the Indian way of life and travelling habits. India, he said, offered huge opportunity.

"If you add up all the aircraft in India, it doesn't match the number currently in Malaysia, yet the population is around 50 times larger.

"This is a huge opportunity but requires change. We haven't jumped in quickly. We have done our homework and go into the domestic market with our eyes wide open," he added.

Fernandes believes that a number of failures in the Indian market have been due to cost levels, and therefore fare levels haven't been low enough.

"We looked at all the cost structures of the existing Indian operators but felt growing organically with our own partnership was the stronger option. This is primarily what we have always done," he noted. - Bernama
 

Monday, 18 March 2013

Domino Pizza Buy 1 Free 1 Promotion


蓝筹股已反映价值 二线股2年可涨30%

(八打灵再也16日讯)冷眼认为,蓝筹股都是全面反映价值的股项,反而较看好蕴含许多优质公司的二线股,甚至部分可望在未来2年内,股价涨升30%。

冷眼今天下午主讲“一步步走向财富”时说,蓝筹股的本益比大部分都超过20倍,且都是非常成熟的企业,是一步步增长的公司。

“对我而言都很贵,我不会去投资。

我的意见是:蓝筹股已全面反映价值,或者估值过高了。”

他举例的蓝筹股包括健力士英格(GAB,3255,主板消费产品股)、英美烟草(BAT,4162,主板消费产品股)、子母牌(DLADY,3026,主板消费产品股)及雀巢(Nestle,4707,主板消费产品股)。

本益比低于10倍素质佳

相对下,他较看好本益比低于10倍的二线股,并认为当中有不少是素质不错的公司。

“这些二线股的本益比很低,但都不是坏公司、素质不错,我的看法是值得买。

我的预测是未来1至2年内,这些公司最少有上涨30%的潜力。”

他表示,有素质或高价值的二线股,经常遭投资者忽略,所以许多估值都被低估。

问与答

种植业永远有前途

问:原棕油价格目前低迷,种植股前景如何?

答:种植业永远有前途,但现在不是买入种植股的时候,需等到所有上市种植公司发布完业绩,或所有坏消息出清之后,才适合进场。

若以种植地亩数来计算,现在的种植股也很贵。

谁做政府都一样

问:拥有政治背景的股票,在今年大选年该如何运筹?

答:不知道。因为对我而言,不会把大选这样的政治因素纳入考量。谁做政府都一样,执政者不会想把国家做倒的,因为他们也期望下一届可继续获得政权。

买中国股“中招”

问:如何看待在大马上市的中国股?

答:坦白说,我自己也“中招”了。在中国股当中,我只相信做食品业务的恒宝环球(HBGlob,5187,主板消费产品股),在中国那么多的人口,又把产品出口,看起来应该有前途。

恒宝环球当时手握每股约60仙现金,股价只是50多仙,而且每年都赚钱,看来不会出毛病。可是,现在就是出毛病了,股价跌至20多仙,我也想不通问题在那里。只能够说,大马投资者对中国股的信任不足。

看好力之源前景

问:如何看待力之源(Pwroot,7237,主板消费产品股)这只股票?

答:我也持有这股票,引起我买入的缘由是,曾有投资界的朋友向我推荐旧街场白咖啡(OldTown,5201,主板贸服股),我就亲身去体验和试了旧街场白咖啡的分店食品和咖啡,之后不看好所以没有买入。但随后该股涨了,才发现它的价值是品牌,而生产业务非常赚钱。

在朋友推荐力之源后,我买了它的产品———阿发白咖啡来试,而且朋友也“做功课”发现,阿发白咖啡在市场摆卖销售反应非常好,所以觉得该股有前途。


AirAsia X set for June listing

KUALA LUMPUR: AirAsia X, the long-haul affiliate of AirAsia Bhd, is now ready for a June listing on the Main Board of Bursa Malaysia after having deferred its initial listing, planned in the first quarter, says AirAsia GroupChief Executive Tan Sri Tony Fernandes.

He said AirAsia X submitted all listing-related documents, including listing application and prospectus, to the Securities Commission for their approval and was now awaiting a favourable reply.

"This time it is going to happen. We are looking at a June listing," Fernandes told Bernama, referring to the aborted AirAsia X's initial listing plan.

Through the proposed IPO, AirAsia X is expected to raise about US$250 million (RM775 million), or 97 sen per share, of which, half would be utilised to repay bank borrowings and 21.5 per cent for capital expenditure.

The medium to long-haul carrier initially targeted a first quarter listing but the plan was later aborted.

Fernandes said AirAsia X's listing would be different as the airline was planning to diversify and enlarge its shareholding ownership, by giving first priority of share subscription to Malaysians who have flown AirAsia X and contributed to the success of the airline.

As a fine example, he said AirAsia witnessed an immense level of interest among Malaysians during the recent public-listing of Tune Insurance Bhd.

Fernandes said in a normal public-listing exercise, large corporations take up a significant chunk of public issuance, which disabled interested Malaysians from pursuing their objective.

"Thus, I want AirAsia X to be a public issue. For this, I am going to go on a road show to promote the AirAsia X's shares throughout Malaysia, and to increase the level of Malaysians' participation in a Malaysian company.

"All this is subject to the approval of the SC. But, I am sure they will support as SC has always championed the initiatives of share ownership enlargement," he added.

AirAsia X owns a fleet of nine Airbus A330-300s for scheduled services and has two A340-300s for wet-lease and charter operations flying to 12 destinations across Asia and the Middle East.

The company appointed CIMB Investment Bank Bhd as its principal advisor for the IPO while Maybank Investment Bank Bhd, CIMB and Credit Suisse are the joint global coordinators.

Asked on a potential dual listing of AirAsia X, Fernandes said the value that the airline could bring for a dual-listing would be very minimal.

However, he said AirAsia expected an Asean stock exchange to be created soon as many companies in Asean were now expanding, regionally.

"At least, the minimal thing that the regulators must create is an Asean index. There is no such index yet.

"In the index, the regulators can find a basket of Asean companies such as AirAsia and CIMB," he said.

Soon after AirAsia X, Fernandes also said the group was looking to list its Indonesian operations, Indonesia AirAsia.

AirAsia X is set to be the second entity controlled by Fernandes and partner Datuk Kamarudin Meranun, to go public this year, after a successful venture with Tune Insurance, in February. - Bernama

Sunday, 17 March 2013

IHH new high

Finally, IHH hits new high of RM 1.45 on Friday as previous the highest was RM 1.44.  Cheer!

Thursday, 14 March 2013

Buy 1 Free 1 for Tea Secret


The 1st ever Buy 1 Free 1 Promo happening at Chatime



Get a FREE Mint Pearl Black Tea or Mint Pearl Green Tea with any purchase. 

The promotion starts from 18-24 March 2013 from 12pm-4pm and 6pm-9pm.

AirAsia takes lead at MATTA fair with 20% fare discount promo

KUALA LUMPUR: AirAsia Bhd is set to take the lead at the three-day MATTA Fair here, starting on Friday with its 20% fare discount for flights to selected domestic and international destinations.

The low-cost carrier said on Thursday the travel fair, to be held at the Putra World Trade Centre, will offer discounts on domestic flights from KL to Sabah and Sarawak.

The destinations are from KL to Kota Kinabalu, Kuching, Labuan, Miri, Sibu and Tawau.

The 20% fare discount is also for flights from AirAsia's hubs in Malaysia (KL, Johor Bahru, Penang, Kota Kinabalu) to various international destinations in Cambodia, China, India, Indonesia, Thailand, Vietnam and many more.

Its low cost, long-haul affiliate carrier AirAsia X is also offering 20% off its fares to its long haul destinations in Australia, China, Korea, Taiwan, Nepal (travel period between March 18 and Sept 30) and Japan (travel period between April 8 and Sept 30). 
 

Wednesday, 13 March 2013

India agrees to remove all procedural problems to set up AirAsia India

PETALING JAYA: A day after AirAsia bought a 49% stake in the Philippines' Zest Airways, the Indian authorities say they will remove all procedural problems to pave the way for the setting up of AirAsia India, a deal that could see AirAsia covering most of Asia with its six hubs.

“We can now stretch and cover all of Asia with all our hubs,'' AirAsia head honcho Tan Sri Tony Fernandes told StarBiz.

With the venture in the pipeline, he also expects the airline to carry about 40 million passengers this year from 33.8 million last year and 29.8 million a year earlier.

“We will do 40 million this year. Our sales are very strong, and for the last few days (our sales) have been amazing,'' he said. The airline has launched several promotional activities in the past few weeks to lock in passengers in forward bookings.

India will be AirAsia's newest hub after Japan, but on Monday, the airline bought a 49% stake in its rival, Zest Airways, and this will see AirAsia Philippines becoming a bigger player in a market where air travel is picking up.

“It gives us the scale we need,'' he said.

This is also AirAsia's first acquisition after the aborted deal to buy Indonesia's Batavia Air; on hindsight, a blessing in disguise because Batavia Air has since been declared bankrupt.

“The Zest deal took us six months (to conclude). It is a nice clean deal, and it has a good balance sheet,'' added Fernandes.

Under the deal, Zest Air promoters will hold 15% equity in AirAsia Philippines, and the rationale to buy Zest Airways, apart from it being a rival, are its three hubs, with the most important being the Ninoy Aquino International Airport in Manila, the main gateway in and out of the Philippines.

AirAsia Philippines started operations last year but from Clark airport, which is a two-to-three-hour drive from the capital.

Zest Air operates 11 aircraft on 10 domestic and 10 international routes and has hubs in Manila, Kalibo and Cebu in central Philippines, which are major tourist destinations.

M&A Securities, which has a “buy” call on AirAsia with a fair value of RM3.22 a share, believes the deal with Zest Air allows the AirAsia Group to strengthen its presence in the Philippine market.

However, it wrote that the acquisition of Zest Airways had no impact on AirAsia Group's earnings since its equity interest in AirAsia Philippines had been reduced to zero. In yesterday's trading, AirAsia shares fell three sen to RM2.79.

Apart from the hub in the Philippines, AirAsia has hubs in Thailand, Indonesia and Japan. Its main base is in Kuala Lumpur, with India as its latest addition.

Asked if AirAsia was looking at more hubs and acquisitions, Fernandes said “no, that's it.”

It is consolidation time, as setting up a venture in India is going to be very challenging amidst a highly competitive market place. However, Fernandes said “our cost is going down.”

It is a known fact in the aviation industry that AirAsia's cost is one of the lowest, although he declined to elaborate, merely saying “ours is really volume-related.” But a low-cost base would help the airline in a very competitive Indian market, where airlines reduce fares whenever they felt like it.

“India is going to be amazing for us,” he enthused.

Yesterday, India's Planning Commission deputy chairman Montek Singh Ahluwalia said that inter-ministerial differences would be sorted out to pave the way for Tata Sons to set up an airline with AirAsia. Tata Sons controls Tata, one of India's biggest industrial conglomerates.

“I don't know what the detailed differences are. I am sure they will be sorted out. If Tata and an international airline want to set up an Indian airline, they should be allowed to, as long as the latter holds up to 49% equity.

“The intention of the policy, as far as I know, is quite clear that they should be allowed to do so,” Ahluwalia was quoted in The Economic Times.

Last week, AirAsia was given the nod by the Foreign Investment Promotion Board to invest in India. However, questions were raised on whether the rules amended in September allowed for new ventures.

In September, India relaxed the rules to allow for foreign ownership of up to 49% for existing airlines because some of its airlines were in dire need of investment.

AirAsia will hold a 49% stake in AirAsia India, Tata Sons 30% and property tycoon Arun Bhatia the remaining 21%.

AirAsia India's base will be in Chennai, and the launch is expected to be mid-year.

The Centre for Aviation said that while its ventures grew in India, the Philippines and Japan, the focus this year for AirAsia was to grow the Malaysian, Thai and Indonesian operations. These three are expected to take delivery of 25 aircraft this year, bringing the total fleet of A320 to 138.

PNB declares 6.80 sen dividend for Amanah Saham Malaysia

KUALA LUMPUR: Amanah Saham Nasional Bhd (ASNB)announced a 6.50 sen dividend for a unit of Amanah Saham Malaysia (ASM) for the financial year ending March 31, 2013.

ASNB, which is a unit of Permodalan Nasional Bhd (PNB), also announced a special income distribution of 0.30 sen for a unit as a token of appreciation to ASM investors for their support.

The 6.80 sen income distribution was higher than the 6.50 sen per unit paid last year, PNB chairman Tun Ahmad Sarji Abdul Hamid said.

He said the income distribution entailed RM913.85mil in total payout, an increase of 11.6% from RM818.62mil paid out last year.

The payment will benefit 542,809 unitholders, who currently hold 13.44 billion ASM units, he said. - Bernama.

Source: http://biz.thestar.com.my/news/story.asp?file=/2013/3/13/business/20130313165213&sec=business

IHH Healthcare subsidiary in RM2b Hong Kong private hospital project

KUALA LUMPUR: IHH Healthcare Bhd's subsidiary is undertaking a RM2bil private hospital project in Wong Chuk Hang, Hong Kong which will have 500 beds.

It said on Wednesday its 60% owned GHK Hospital Ltd would undertake the project involving a capital investment of about HK$5bil (RM2bil).

IHH said this included land cost for the acquisition of the site amounting to HK$1.688bil (RM675.41mil).

"The said capital investment, including land cost, will be funded by internally generated funds and bank borrowings, the breakdown of which has yet to be determined at this juncture," it said.

GHK is a 60%-owned subsidiary of Parkway HK Holdings Ltd while Media Year Investments Ltd owns the remaining 40%.

IHH said the site would be fully developed for hospital use in late 2016 when the hospital starts operations.

“The hospital will provide a full range of clinical service with more than 15 specialties, including general medicine, general surgery, orthopaedics, and gynaecology, and others, with a total bed capacity of 500 beds,” it said.

IHH said the Li Ka Shing Faculty of Medicine of The University of Hong Kong would be the clinical partner of the hospital and oversee its clinical governance, professional standards, appointment of doctors and the training of doctors, nurses and allied healthcare staff. 
 
 
 

Tuesday, 12 March 2013

Philippines’ AirAsia buys into Asiawide Airways

AirAsia group CEO Tan Sri Tony Fernandes and Yao embrace after the signing of the agreement in Manila yesterday. – AFP

MCMC fines telcos for flouting conditions

The Malaysian Communications and Multimedia Commission (MCMC) has issued summons worth RM920,000 to Celcom Axiata Bhd, Merchantrade Sdn Bhd, U Mobile Sdn Bhd, Tune Talk Sdn Bhd, Maxis Mobile Services Sdn Bhd and Maxis Broadband Sdn Bhd.

In a statement today, MCMC said the companies were fined for breaching licence conditions, specifically for failing to ensure proper registration of accurate user information for prepaid accounts.

"Celcom Axiata received eight fines totalling RM400,000, Merchantrade seven fines (RM240,000) and U Mobile four fines (RM100,000).

"Maxis Mobile was issued three fines (RM150,000) and Maxis Broadband and Tune Talk were issued fines of RM10,000, respectively," it said.

Chairman Datuk Mohamed Sharil Tarmizi said the commission viewed the failure to ensure proper registration of accurate user information as a serious offence.

"We have received numerous complaints and info about cases where
individuals' MyKad numbers and names have been used when in fact they never apply for the service from the said telecommunication companies," he said.

Service providers or their representatives were required to verify the information contained in the MyKads or other official identification documents, such as passports, he said.

"The registration is to avoid misuse of end-user information which is a breach of their licence conditions as prescribed under Section 242 of the Communications and Multimedia Act 1998," he said.-- Bernama

Read more: MCMC fines telcos for flouting conditionshttp://www.btimes.com.my/Current_News/BTIMES/articles/20130312170148/Article/#ixzz2NKco7Shi

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DiGi excluded in the list...Good!

Monday, 11 March 2013

Malaysia Telecomunication Stock Comparison

Sunway Lagoon Theme Park Buy 1 FREE 1 Ticket Promotion


Location:
Booth 3039 Tourism Malaysia Booth, hall 3, MATTA Fair 2013 PWTC Kuala Lumpur
 
Details:
It’s Sunway Lagoon Theme Park Buy 1 FREE 1 Promotion for Admission tickets. The offer ticket can be purchased at Matta Fair 2013 Tourism Malaysia Booth.

Terms & Conditions:
1) The Buy 1 FREE 1 Entrance Ticket Promotion to Sunway Lagoon only available for sale at MATTA Fair 2013
2) Ticket valid until 31 July 2013
3) Ticket purchased are not refundable.

Philippines’ AirAsia to acquire 49% stake in Zest Airways

KUALA LUMPUR: AirAsia Group is strengthening its presence in the Philippines in a strategic alliance with Philippines budget carrier Zest Airways.

Under the corporate exercise announced on Monday, Philippines AirAsia Inc. (PAA) is acquiring a 49% stake in Zest Airways and 100% of Asiawide Airways from Alfredo Yao. Yao is the majority shareholder of Zest Airways, Inc. and Asiawide Airways, Inc.

The agreement will see Yao subscribing to shares in PAA. However, this agreement would also require various regulatory approvals.

“To further strengthen this partnership, the shareholders of PAA will infuse funds to augment working capital,” according to the joint statement.

PAA chief executive officer Marianne Hontiveros said the proposed investment in the Zest Group would complement PAA's strategies for future growth. PAA currently operates out of Clark.

“This will allow us to leverage on our respective strengths, which in the case of Zest Air, include its operations out of the Ninoy Aquino International Airport, which constitutes a majority of the air traffic in the Philippines, and a strong domestic network which feeds into its current international routes,” she said.

Below is the earlier report

KUALA LUMPUR: AirAsia Group is teaming up with Philippines's budget carrier Zest Airways to create a stronger player in the highly competitive Philippine aviation industry, a news report said.

The Philippines' Inquirer reported that AirAsia's Tan Sri Tony Fernandes, and ZestAir, led by the group of Filipino-Chinese tycoon Alfredo Yao, were moving toward a deal that would allow the Malaysian group to acquire at least 40% of ZestAir.

The Inquirer said Yao was expected to keep majority ownership of ZestAir but might cede management control of the airline in favour of AirAsia. The negotiations have reached an advanced stage toward the prospective airline alliance, said the report.

Under the Philippines law, foreigners cannot own more than 40% of certain industries like transportation, real estate and utilities.

AirAsia has a local affiliate that is majority-owned by Filipinos.

AirAsia earlier ventured into the Philippines through AirAsia Inc. in which Fernandes owns 40% while local businessmen Antonio Cojuangco Jr., Michael Romero and Marianne Hontiveros each own 20%.

McDonald's FREE Egg McMuffin



Location:
All McDonald's Breakfast outlet


Details:
McDonald's Free Egg McMuffin giveaway on the National Breakfast Day (NO PURCHASE REQUIRED)

Redemption period:
18th March 2013 (7am - 10am)

Terms and conditions:
1. Limited to 1000 customers per restaurant from 7am - 10am, whichever comes first.
2. No purchase required
3. Not valid through McDelivery
4. Other terms and conditions apply.

Saturday, 9 March 2013

提升6000网络设施 数码网络冀3G覆盖率75%

(吉隆坡8日讯)数码网络(Digi,6947,主板基建股)目前正致力于提升其遍布全国多达6000个网络设施,并计划在年尾把3G覆盖率,提升至涵盖全国75%的人口。

数码网络首席科技员奥勒马丁指出,他们正致力于提高其覆盖范围的网络质量,同时,希望在年尾完工后,其他地区的客户也能够得到更好的网络服务及质量。

“我们能够看见在已完工地区,过去6个月内的网络质量得到提升,其中包括断线问题逐步减少,数据设置成功率也趋向稳定,而客户的投诉也逐步减低。”

无论如何,在扩展覆盖范围时,网络供应商也会面对不同的困难。其中包括未能购得适当的地皮,地理上的限制影响了高速公路及住宅区的覆盖率,发射站过于靠近住宅或商业区,也同样会引起居民的抗议。

“与此同时,偷窃及破坏公物等劣行也经常发生,导致服务中断并让网络供应商难以在短时间内修复。”

奥勒马丁表示,该公司将会和其他的商业伙伴及有关当局合作,让客户继续享有高质量网络。 
 

AirAsia, Aviastar to bid for haj flights

Domestic carriers Indonesia AirAsia (IAA) and Aviastar Mandiri plan to participate in the government’s annual haj transportation tender next year to capture the country’s haj pilgrim market, which is around 200,000 people a year.

Both carriers say they are preparing administrative and technical details to fly the pilgrims to Mecca, such as applying for route permits and leasing wide-body aircraft that can carry from 325 to 455 passengers, like the Airbus A330, A340, Boeing B747, B767 or B777.

“We are processing every document needed to meet every airline requirement to transport haj pilgrims. We hope to win the tender next year because we want to help the government during the haj season,” IAA spokesperson Audrey Progastama Petriny told The Jakarta Post on Friday.

Audrey said the low-cost carrier was going to lease A330 planes.

IAA is optimistic about winning the tender because it said it started to fulfil every requirement since early this year.

Separately, Aviastar commercial manager Petrus Budi said the carrier was processing every requirement on the list so they could be prepared to provide haj flight services in 2014.

“We want to take part in this tender because haj transportation is a promising business. We thought we could participate this year, but the government said we weren’t ready,” Petrus told the Post.

IAA and Aviastar had proposed their intention to bid for transporting pilgrims this year at the House of Representatives on Wednesday. However, the Religious Affairs Ministry and the Transportation Ministry said they needed to prepare further to meet several requirements.

Indonesian haj pilgrims have been transported by national flag carrier Garuda Indonesia and Saudi Arabian Airlines every year.

With a total of 221,000 pilgrims last year, Garuda Indonesia flew 112,000 people across the archipelago from 10 different airports including Soekarno-Hatta International Airport, Polonia Airport and Minangkabau International Airport by chartering 15 planes: 11 A330s, three B7447-400s and one B767-300 Extended Range (ER).

Transportation Ministry spokesman Bambang S. Ervan said domestic carriers interested in bidding for haj flight services should meet 23 requirements, including landing permits for King Abdul Aziz International Airport and International Air Transport Association (IATA) Operational Safety Audit (IOSA) certification.

In addition, the airline could not conduct a “wet lease scheme”, or a leasing arrangement where a lessor provided not only aircraft but also pilots, cabin crew, maintenance and insurance, for the haj project. Thus the airlines have to lease only the planes and provide the additional crew themselves.

“It’s not easy for an airline to win this tender because we have a clear set of strict rules to protect the business and passengers. They also have to be able to carry at least 20,000 passengers,” Bambang said.

He said the strict rules were aimed at preventing a collapse, such as was the case with Batavia Air. “The Batavia case should be a lesson for every carrier that wants to participate in the annual haj business,” he continued.

Starting Jan. 31, privately owned Batavia Air fully halted its operations following a Central Jakarta Commercial Court ruling that declared the carrier bankrupt for failing to pay US$4.68 million for two leased A330 aircraft.

The aircraft were to be used to transport Indonesian pilgrims during the haj season, but the airline did not win the tender for three years in a row.
 
 
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Good luck to AA.

Friday, 8 March 2013

AirAsia rises to RM3, highest since November

KUALA LUMPUR: Shares of AirAsia Bhd rose to RM3 on Friday, the highest since Nov 6, 2012 ahead of its 18 sen per share dividend going ex on March 13.

At 3.47pm, it was up two sen to RM2.98. There were 13.22 million shares done at prices ranging from RM2.95 to RM3.

RHB Research Institute has a fair value of RM3.39 for the low-cost carrier. 
Source: http://biz.thestar.com.my/news/story.asp?file=/2013/3/8/business/20130308160446&sec=business

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A mistake from above news, ex-date for special dividend is on 11 March 2013.

Thursday, 7 March 2013

DiGi to be included into FTSE/Asean 40 Index

KUALA LUMPUR: Shares of DiGi.Com Bhd rose to as high as RM4.74 on Thursday ahead of its inclusion into the FTSE/Asean 40 index on March 15.

At 10.45am, it was up one sen to RM4.68. There were 2.21 million shares done at prices ranging from RM4.68 to RM4.74.

The changes to the index will be effective after close on March 15.

The FTSE/Asean 40 is a tradable index consisting of the top 40 constituents from FTSE/ASEAN index, ranked by market capitalisation. 
 

Wednesday, 6 March 2013

Sunway Lagoon ALL PARKS ticket @ RM20 Promotion!!


Details:
Sunway Lagoon Big 20 Promo will be extended until October 2013 due to popular demand.

Sunway Lagoon is turning BIG 20 this month and they would like to reward all beloved customers with BIG 20 PROMO.

Come over to Sunway Lagoon on the 20th of every month from October 2012 to October 2013 to enjoy our ALL PARKS ticket at RM20 only
for the first 1000 Malaysians (Don’t forget to bring along your myKad or myKid to enjoy it)

All Parks Ticket includes:
Water Park, Amusement Park, Wildlife Park,
Extreme Park & Scream Park

Terms and Conditions:
1. This promotion is valid on the 20th of every month starting Oct 2012 to March 2013.
2. This promotion is applicable for the first 1,000 Malaysians only.
3. Original myKad must be presented upon purchase of tickets.
4. ONE myKad is valid for ONE All Parks ticket purchase only.
5. Not exchangeable for cash or for sale.
6. Not valid with other on-going promotions, group purchases or functions.
7. Ticket(s) must be purchased at Sunway Lagoon main entrance ticketing counters.

Dragon-i and Canton-i RM1 Chicken Promotion


Location:
All Dragon-i and Canton-i outlets

Details:
Pay RM1 for the Chicken Menu - Steamed Chicken with Cordyceps Flower / Braised Chicken with Scallion & Ginger / Premium Soy Sauce Chicken

Promotion period:
1st March - 31st March 2013 (6pm - 9pm)

Terms and conditions:
Minimum of 3 persons per table, no minimum spending, dine-in only. While stock last.

India approves AirAsia's JV plan

NEW DELHI: AirAsia Bhd’s proposal to set up an airline jointly with the Tata group was approved on Wednesday by the Indian government’s foreign investment regulator, paving the way for the first foreign carrier to enter the domestic aviation sector.

Malaysia’s AirAsia, the largest budget carrier in Asia, plans to launch a regional airline in India with an initial investment of US$15 million to cash in on rising demand for domestic air travel among India’s rapidly expanding middle class.

The new airline, AirAsia India, will be managed by the Malaysian company and based in the southern Indian city of Chennai.

AirAsia, through its investment arm, will own 49 per cent of the new airline, with Tata Sons Ltd, the holding company of salt-to-software conglomerate Tata group, owning 30 per cent. Arun Batia, who owns Telestra Tradeplace, an investment firm, will hold the remainder.

"It’s been cleared," said Arvind Mayaram, India’s economic affairs secretary, when asked about the deal. "Now they will have to take the necessary licences from the DGCA. They can start operating now once they get the licence."

The DGCA is India’s aviation regulator, the Directorate General of Civil Aviation.

Earlier on Wednesday, Aviation Minister Ajit Singh said he does not expect any major hurdles for the venture.

India’s aviation industry, which has been plagued by losses due to high operating costs and fierce competition, was opened to foreign investors in September last year. Foreign carriers are now able to purchase up to 49 per cent of local airlines.-- Reuters

Read more: India approves AirAsia's JV planhttp://www.btimes.com.my/Current_News/BTIMES/articles/20130306123538/Article/#ixzz2MlxlGpvs

IHH new high

Today, IHH break previous price of RM3.48.  It closed at RM 3.50 with the highest price of RM 3.51.

Cheer!

Sunday, 3 March 2013

Yes Yogurt Cafe Free RM5 Cash Voucher



Location:
All Yes Yougurt Cafes in Malaysia.Details:

Print out and bring along this voucher to enjoy RM5 discount with minimum spend RM20 or above deal.

Promotion Period:
1 – 31 March 2013

BM Branch:
No.3 Ground Floor, Jalan Perniagaan Gemilang 1,
Pusat Perniagaan Gemilang, 14000 Bukit Mertajam.
TEL: 04-537 1622

Butterworth Branch:
3A, Butterworth Business City Centre,
Jalan Raja Uda, 12300 Butterworth
TEL: 04-323 9622

Sunway Carnival Mall Branch:
LG-K6A & 6B, 3068 Jln Todak,
Pusat Bandar Seberang Jaya. 13700 Seberang Jaya.
TEL: 04-390 8622

Kelantan (KB Mall) Branch:
Ground Floor, kb - gk 10,
Jalan Hamzah 15050 Kota Bharu, Kelantan.

Ipoh Branch:
77, Jalan Raja Ekram,
30450 Ipoh, Perak.
TEL: 05-241 3632

Saturday, 2 March 2013

Pizza Hut Hot Coupon Special Offer!!


Details:
Enjoy 3 Regular Viva Pizza + 4 Soup of the Day @ RM38 only (Save RM30.60)

Simply print out this Hot Coupon and redeem it at your favorite Pizza Hut Restaurant

Terms and Conditions:
1. One redemption per customer per transaction
2. Valid on 4 – 6 March 2013 only
3. Valid for Take away and delivery only
4. Valid at all Pizza Hut restaurants in Peninsular and East Malaysia except KLCC, Genting Highlands and Wangsa Maju
5. Not valid at PHD Restaurants
6. Not valid with other promotions and discounts
7. Subject to 6% Government tax and RM2 delivery charge
8. Present coupon upon redemption.
9. Photocopies, black and white printouts is allowed