Monday, 26 January 2015

TIH Limited Warrants

Back in May2014: in a 3-for-1 Bonus Wrts Issue: A total of 702,942,318 Bonus Wrts were issued & listed on 19-May2014 

At the end of First Excercise Period (from 19-May2014 to 19-Nov2014)
only a total of 5,511,479 wrts were excercised - that's a mere 0.8% out of the 702.9m Bonus wrts issued.

So today we still have 697,430,839 outstanding TIH wrts left (this is almost THREE TIMEs the current TIH issued shares at 241,685,638 shrs) 

The Second Exercise Period for the Wrts, will be from "19 May2016 to 19 May2017", and the new Excercise Price will be $2.28 SGD per share.

Sunday, 25 January 2015

HDB tai tai

Today, one of my friends called me a HDB tai tai. To my knowledge, HDB tai tai is a tai tai who lives in HDB and does not have the need to work. 

Well, I live in HDB and I am a full-time housewife now so I don't know whether I can classify myself as a tai tai. I think tai tais usually are rich and does not need to do work and that includes housework.

Well, I need to do housework daily and I need to go marketing too. My marketing place is the local supermarkets. 

HDB tai tais are very sensitive to groceries price change and are alert to happenings in local neighbourhood. Sometimes they meet up to gather information on the school their children go to. If the teachers are not doing a good job in class, these tai tais would write a complaint email to the school. 

I am still learning on how to become a good HDB tai tai. It's tough but since I decided to choose this path, I might as well do a good job. 



Monday, 19 January 2015

M1 April dividends 2015

Directors are pleased to propose a final dividend of 11.9 cents per ordinary share (one-tier tax) in respect of the financial year ended 31 December 2014 for approval by shareholders at the next Annual General Meeting to be held on 13 April 2015. The interim and proposed final dividends amounted to 18.9 cents per ordinary share. 

Sunday, 18 January 2015

Additional interest of 1% (CPF matters)

Background information on other announcements related to CPF Interest rates for SMA and RA monies

Additional Interest of 1%

As part of the government’s efforts to enhance the retirement savings of CPF members, an additional 1% per annum interest will continue to be paid on the first $60,000 of a member’s combined balances, with up to $20,000 from the Ordinary Account (OA). This works out to be 3.5% per annum earned on the first $20,000 in a member’s OA, and 5% per annum earned on the first $40,000 (up to $60,000 if no OA savings) in a member’s SMA and RA. Around 60% of members are effectively earning 5% interest on all of their Special, Medisave and Retirement Account savings.

The additional interest received on the OA will go into the member’s Special Account (SA) or RA to enhance his retirement savings. If a member is above 55 years old and participates in the CPF LIFE scheme, the additional 1% per annum interest will still be earned on his combined balances, which includes the savings used for CPF LIFE.