In Malaysia there are basically three types of business structures. It can either be a sole proprietorship, partnership or companies. For companies, it can either be a private limited company or a public limited company.
In this section, we will look into the concept of "Business Value Protection" (BVP), which on a broad perspective, is a concept to protect and preserve the value of the business when a business owner exits.
The idea behind BVP is to ensure a smooth transition and transfer from the outgoing business owner to the remaining or new business owner.
Saturday 24 May 2008
Best Islamic Fund Manager 2008
Public Mutual Bhd again won the “Best Islamic Fund Manager in Asia” Award by the Failaka Advisors for the 2nd consecutive year.
The Failaka Advisors, which is based in Dubai, is a recognized leader in the field of Islamic funds research. The Failaka Islamic Fund Awards stand apart as the benchmark for excellence in the field of Islamic fund management.
Public Mutual’s funds have once again outperformed the benchmarks by the highest percentages. In a market where many clients have demonstrated a preference for Islamic funds, Public Mutual is well-placed to take advantage of this demand. The team of Public Mutual have proven remarkably consistent in managing their Shariah funds and the proof is in their performance. No doubt performance has played a role in their tremendous asset growth.
The Failaka Advisors, which is based in Dubai, is a recognized leader in the field of Islamic funds research. The Failaka Islamic Fund Awards stand apart as the benchmark for excellence in the field of Islamic fund management.
Public Mutual’s funds have once again outperformed the benchmarks by the highest percentages. In a market where many clients have demonstrated a preference for Islamic funds, Public Mutual is well-placed to take advantage of this demand. The team of Public Mutual have proven remarkably consistent in managing their Shariah funds and the proof is in their performance. No doubt performance has played a role in their tremendous asset growth.
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Strategy on Building a Financial Portfolio
The financial pyramid concept is also a strategy
on how we build a solid financial portfolio.
on how we build a solid financial portfolio.
Build it from the base, with solid foundation.
Thursday 15 May 2008
EPF Investment
Effective 1 November 2007, EPF under its ”Beyond Savings” strategic initiative has introduced various enhancements to member’s benefit structure in stages. These enhancements are in accordance to the EPF Act 1991 (Amendment 2007) . One of the enhancements is the introduction of the basic savings concept that will be used to determine the minimum sum a member is allowed to withdraw from Account 1 for Investment Withdrawal.
Effective 1 February 2008, members can invest not more than 20% of their credit in excess of Basic Savings in Account 1 in products through approved external fund managers.
A member needs to have a basic savings amount at the predetermined age levels. Amount in excess of the basic savings can be invested in products offered by external fund managers approved by the Ministry of Finance.
For details please refer to our financial representatives.
You can also find out more details from EPF's website at www.kwsp.gov.my
Effective 1 February 2008, members can invest not more than 20% of their credit in excess of Basic Savings in Account 1 in products through approved external fund managers.
A member needs to have a basic savings amount at the predetermined age levels. Amount in excess of the basic savings can be invested in products offered by external fund managers approved by the Ministry of Finance.
For details please refer to our financial representatives.
You can also find out more details from EPF's website at www.kwsp.gov.my
What is "Wasiat"
A Wasiat is a declaration of a person made during his life time with respect to his property or benefit thereof, to be carried out for the purposes of charity or for any other purposes permissible by Islamic Law, after his death. The assets of Muslims who die without Wasiats shall be divided rigidly amongst their heirs in accordance with the Faraid, i.e. the Islamic Law of Inheritance.
Heirs are specifically identified in Islam. A spouse, parents and legitimate children (provided they are Muslims) are never excluded from a deceased’s inheritance. Grand-children, for example, are not automatically regarded as heirs and would benefit only under certain circumstances. Those not regarded as heirs in Islam include, for example, adopted children, illegitimate children and foster parents.
It is, nevertheless, enjoined in Islam, for a Muslim to write a Wasiat and to make a bequest of one-third of his assets to his loved ones , be they Muslims or not, or to charity so long as it is made in accordance with the Syariah.
Bearing in mind what the Prophet S.A.W. said, as narrated by Abdullah bin Umar that
"It is not permissible for any Muslim who has something to Will to stay for two nights without having his Last Will and Testament written and kept ready with him"
For a free consultation on wasiat and asset distribution planning, you can email us at renbridge@gmail.com and one of our associates will get in touch with you.
Heirs are specifically identified in Islam. A spouse, parents and legitimate children (provided they are Muslims) are never excluded from a deceased’s inheritance. Grand-children, for example, are not automatically regarded as heirs and would benefit only under certain circumstances. Those not regarded as heirs in Islam include, for example, adopted children, illegitimate children and foster parents.
It is, nevertheless, enjoined in Islam, for a Muslim to write a Wasiat and to make a bequest of one-third of his assets to his loved ones , be they Muslims or not, or to charity so long as it is made in accordance with the Syariah.
Bearing in mind what the Prophet S.A.W. said, as narrated by Abdullah bin Umar that
"It is not permissible for any Muslim who has something to Will to stay for two nights without having his Last Will and Testament written and kept ready with him"
For a free consultation on wasiat and asset distribution planning, you can email us at renbridge@gmail.com and one of our associates will get in touch with you.
What is unit trust
Unit trust is an investment vehicle that pools the financial resources of many individual investors who aim to achieve similar investment objectives.
To take a quote from Peter Lynch in his book "One Up On The Wall", "The mutual fund is a wonderful invention for people who have neither the time nor the inclination to test their wits against the stock market, as well as for people with small amounts of money to invest who seek diversification."
However, having said that, it does not mean you take whatever offer that comes your way. It is equally important to work with a trusted adviser and understand the risk and rewards associated to investing in mutual funds.
To take a quote from Peter Lynch in his book "One Up On The Wall", "The mutual fund is a wonderful invention for people who have neither the time nor the inclination to test their wits against the stock market, as well as for people with small amounts of money to invest who seek diversification."
However, having said that, it does not mean you take whatever offer that comes your way. It is equally important to work with a trusted adviser and understand the risk and rewards associated to investing in mutual funds.
Sunday 11 May 2008
Individual and Famillies
Investment products
Whether saving for your child’s education, planning a vacation, building up capital or managing your finances during retirement, we provide you with the right financial tools to create an investment portfolio that fits your needs.
Mutual funds
A significant component of most investment portfolios, mutual funds may fit into your financial portfolio. Mutual funds allow individuals to pool their savings in a diverse portfolio of investments managed by professional fund managers.
Investment linked policies
Investment linked policies are long-term investments that offer capital guarantees. By pooling money from thousands of investors, professional investment managers invest in a variety of individual securities. Since they’re only available through an insurance policy, investment linked policies have several features and benefits that make them different from mutual funds.
Insurance products
Along with helping you build and manage your investments, we help you choose insurance products to minimize financial risk to you and your family.
Individual life insurance
Having the right life insurance protection can make a huge difference in your life, and the lives of those close to you. A financial portfolio that includes life insurance can ensure you leave your estate financially secure, and avoid debts and an inadequate income for your family.
Disability insurance
Accidents and illnesses are unfortunate facts of life. Disability insurance coverage is designed to help protect your most valuable asset – your ability to earn an income, which can be jeopardized if tragedy strikes.
Critical illness insurance
A critical illness or condition, such as heart attack, cancer or stroke, can turn your life upside down. It can affect you physically, emotionally and financially. Insurance can protect both you and those close to you from the financial effects of a critical illness.
Hospitalization and surgical insurance
Health care cost have been rising every year. A good insurance cover to provide for hospitalization and surgical is no longer a luxury but a necessity. We play a role in assisting you to start a plan that supplements your current hospitalization plan.
Banking solutions
Many people don’t realize daily banking needs is forms part of their long-term financial portfolio. With the right banking products, you can have the potential to get your money working harder and smarter.
Banking products and services, provided by Maybank Group, include:
1. Bank accounts
2. Personal loans and overdraft facilities
3. Credit cards
4. Mortgage
5. ASB investment credit facility
Whether saving for your child’s education, planning a vacation, building up capital or managing your finances during retirement, we provide you with the right financial tools to create an investment portfolio that fits your needs.
Mutual funds
A significant component of most investment portfolios, mutual funds may fit into your financial portfolio. Mutual funds allow individuals to pool their savings in a diverse portfolio of investments managed by professional fund managers.
Investment linked policies
Investment linked policies are long-term investments that offer capital guarantees. By pooling money from thousands of investors, professional investment managers invest in a variety of individual securities. Since they’re only available through an insurance policy, investment linked policies have several features and benefits that make them different from mutual funds.
Insurance products
Along with helping you build and manage your investments, we help you choose insurance products to minimize financial risk to you and your family.
Individual life insurance
Having the right life insurance protection can make a huge difference in your life, and the lives of those close to you. A financial portfolio that includes life insurance can ensure you leave your estate financially secure, and avoid debts and an inadequate income for your family.
Disability insurance
Accidents and illnesses are unfortunate facts of life. Disability insurance coverage is designed to help protect your most valuable asset – your ability to earn an income, which can be jeopardized if tragedy strikes.
Critical illness insurance
A critical illness or condition, such as heart attack, cancer or stroke, can turn your life upside down. It can affect you physically, emotionally and financially. Insurance can protect both you and those close to you from the financial effects of a critical illness.
Hospitalization and surgical insurance
Health care cost have been rising every year. A good insurance cover to provide for hospitalization and surgical is no longer a luxury but a necessity. We play a role in assisting you to start a plan that supplements your current hospitalization plan.
Banking solutions
Many people don’t realize daily banking needs is forms part of their long-term financial portfolio. With the right banking products, you can have the potential to get your money working harder and smarter.
Banking products and services, provided by Maybank Group, include:
1. Bank accounts
2. Personal loans and overdraft facilities
3. Credit cards
4. Mortgage
5. ASB investment credit facility
Business Owners and Corporations
Protecting your business
You’ve worked hard to build your business, let us help you protect it. Whether starting a new venture or running a successful one, we assist in the areas of:
1. Life insurance
2. Disability insurance
3. Critical illness insurance
4. Directors & Officers Liability
Protecting your employees
Your business is unique, and so are your people. Whether you have 3 or 35 employees, we assist in providing comprehensive group benefits plans to help you protect and retain your valuable staff:
1. Employee benefits for small business
2. Health-care and Hospitalization benefits
3. Life and accidental death and dismemberment benefits
4. International medical assistance
Banking solutions
Providing the right banking products, integrated in your overall financial security plan, can provide the potential to get your money working harder and smarter.
Our financial representative will assist you to identify your long-term goals and new ways to save money, sharing with you powerful wealth and financial strategies to position you to achieve your financial security goals sooner.
Banking products and services, provided by Maybank Group, include:
1. Bank accounts
2. Business loans and lines of credit
3. Mortgage
4. ASB investment credit facility
5. Credit cards
You’ve worked hard to build your business, let us help you protect it. Whether starting a new venture or running a successful one, we assist in the areas of:
1. Life insurance
2. Disability insurance
3. Critical illness insurance
4. Directors & Officers Liability
Protecting your employees
Your business is unique, and so are your people. Whether you have 3 or 35 employees, we assist in providing comprehensive group benefits plans to help you protect and retain your valuable staff:
1. Employee benefits for small business
2. Health-care and Hospitalization benefits
3. Life and accidental death and dismemberment benefits
4. International medical assistance
Banking solutions
Providing the right banking products, integrated in your overall financial security plan, can provide the potential to get your money working harder and smarter.
Our financial representative will assist you to identify your long-term goals and new ways to save money, sharing with you powerful wealth and financial strategies to position you to achieve your financial security goals sooner.
Banking products and services, provided by Maybank Group, include:
1. Bank accounts
2. Business loans and lines of credit
3. Mortgage
4. ASB investment credit facility
5. Credit cards
Saturday 10 May 2008
Corporate Profile
RenBridge Sdn Bhd. is an integrated financial services company and a provider of financial education and literacy programs.
We are proud to be working with individuals and corporations in the following areas:-
1. Assisting individuals in providing basic financial services in sourcing the best, most suitable financial products and services including insurance, takaful, investment, loan arrangements, setting up of wills and trusts.
2. Financial planning advisory to individual and companies in the areas of risk management, wealth accumulation and wealth protection and distribution.
3. Training and seminars on financial education. Promoting financial literacy towards better understanding thus better financial and wealth planning and management.
We can be contacted via email at renbridge@gmail.com
We are proud to be working with individuals and corporations in the following areas:-
1. Assisting individuals in providing basic financial services in sourcing the best, most suitable financial products and services including insurance, takaful, investment, loan arrangements, setting up of wills and trusts.
2. Financial planning advisory to individual and companies in the areas of risk management, wealth accumulation and wealth protection and distribution.
3. Training and seminars on financial education. Promoting financial literacy towards better understanding thus better financial and wealth planning and management.
We can be contacted via email at renbridge@gmail.com
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