Tune Insurance IPO

January 07, 2013 

AirAsia founders to launch RM198m Tune Insurance IPO by end-Feb

 

Britain's Prime Minister David Cameron speaks to Fernandes during a visit to Airbus UK in Broughton, north Wales. – Reuters pic

KUALA LUMPUR, Jan 7 – The founders of Malaysia’s AirAsia Bhd are expected to launch a US$65 million (RM198 million) initial public offering (IPO) of Tune Insurance Bhd by the end of February, two sources close to the deal told Reuters.

The flotation would be the first of three IPOs due to raise a combined US$500 million that Tony Fernandes and Kamarudin Meranun, founders of Asia’s largest budget carrier, are planning this year.

“An investor road show will begin towards the end of this month,” one of the sources said, declining to be named as the matter is still private.

 

Tune Insurance officials were not immediately available to comment.
A source with direct knowledge of the deal told Reuters in October that Tune Insurance, a unit of financial services-to-discount hotel conglomerate Tune Group owned by Fernandes and Kamarudin, is looking at a market capitalisation of US$260 million upon listing.

The IPO, comprising 210 million shares, will help to fund Tune Insurance’s expansion plans in the underinsured Southeast Asia region, Fernandes, who is due to take on the hire-or-fire role of would-be employer in an Asian adaptation of “The Apprentice” TV show, told reporters last September.

RHB Investment Bank is the principal adviser for the IPO.

CIMB Group Holdings Bhd, CLSA, ECM Libra Financial Group Bhd and RHB are the joint book runners. – Reuters

 

 

 

 

 

 

 

 

 

Initial Public Offering- Tune Hotels

Tune Ins to raise RM222m from IPO

Kuala Lumpur, Jan 23: Tune Ins Holdings Bhd, an insurance products manager, is raising RM222.2 million from its initial public offering (IPO) pursuant to its listing on the Bursa Malaysia Securities Main Board.

The company is an insurance product manager for its on-line partners which are currently AirAsia, Tune Hotels and AirAsia Expedia.

Tune Ins Holdings, among others, designs and manages insurance products that will be sold to customers of on-line insurance partners.

Under the IPO, Tune Ins Holdings will offer up to 210,224,900 ordinary shares to Malaysian and selected institutional investors and Bumiputera investors approved by the Finance Ministry, Malaysian retail investors and foreign institutional investors, the company said in a statement.

The retail portion of the IPO will consists of up to 41,346,800 public issue shares while the institutional portion will comprise up to 102,028,100 public issue shares and up to 66,850,000 offer shares.

The retail portion of the shares will be offered at RM1.55 while the institutional price will be determined by way of a book building process.

According to the prospectus, proceeds of the IPO exercise will be used for the repayment of bank borrowings (59.86 per cent), working capital (12.24 per cent), strategic investments (22.50 per cent) and payment of listing expenses. — Bernama

 

 

Penipuan dalam pelaburan emas

Emas oh emasss!!

Syarikat pelaburan emas menjanjikan pulangan yang menguntungkan namun apa yang berlaku disebaliknya. Ramai pelabur emas berputih mata setelah ditipu oleh syarikat pelaburan emas. (sumber: myMetro)

Agen syarikat pelaburan emas turut menerima tempias apabila golongan kenamaan dan berpengaruh turut menjadi mangsa syarikat pelabur luar negara.Kerugian negara dicatatkan sebanyak RM10 Billion. (sumber: myMetro)

Ada juga mangsa yang rugi RM50,000 dalam skim pelaburan emas menerusi laman internet. (sumber: Sinar Harian)

Pelaburan emas turut merugikan sesetengah pihak dan hanya menguntungkan kepada pihak yang pandai mengaut keuntungan. Jom kongsi pengalaman. (sumber: penulis web)

Isu Pelaburan ASB/ ASN

Benarkah Pelaburan ASB tidak mematuhi syariah?

- ADAKAH KITA PRIHATIN ISU INI?? ATAU KITA TAHU TETAPI BUAT BUAT TAK TAHU??
- BENARKAH ASB / ASN MEMATUHI SYARIAH?
- ADAKAH DIVIDEN YANG DIPEROLEHI HALAL DIGUNAKAN?

Selangor

Enakmen Pentadbiran Agama Islam (Negeri Selangor) 2003

Penilaian Semula Hukum Pelaburan Amanah Saham Nasional (ASN ) Dan Amanah Saham Bumiputera (ASB ) Dan Seumpamanya 

Tarikh Keputusan: 

12 Apr, 2011

Keputusan: 

Setelah meneliti setiap pandangan ahli mesyuarat dan hujah-hujah yang dikemukakan, maka Mesyuarat Jawatankuasa Fatwa Negeri Selangor Kali Ke 2/2011 yang bersidang pada 12hb. April 2011M bersamaan 8 Jumadal Ula 1432H telah bersetuju memutuskan bahawa Pelaburan Amanah Saham Nasional (ASN), Amanah Saham Bumiputera (ASB) dan Seumpamanya adalah tidak halal kerana masih belum menepati hukum syarak dengan alasan seperti berikut:-

Skim Amanah Saham Nasional ( ASN ) dan Amanah Saham Bumiputera ( ASB ) secara jelas terlibat dalam aktiviti pelaburan yang bercampur-campur antara patuh syariah dan tidak patuh syariah sebahagian besarnya adalah daripada sektor kewangan konvensional. Ini berdasarkan hadis riwayat Jabir Al-Ja’fi daripada Ibnu Mas’ud:

1. 
   
   ما اجتمع الحلال والحرام إلاغلب الحرام الحلال
   
   Maksudnya : “ Tidak bercampur antara yang halal dan yang haram, melainkan mengalahkan yang haram atas yang halal . ”
    
2. Skim Amanah Saham Nasional ( ASN ) dan Amanah Saham Bumiputera ( ASB ) diklasifikasikan sebagai dana unit amanah tidak patuh syariah oleh Majlis Penasihat Syariah Suruhanjaya Sekuriti kerana terlibat dalam pelaburan tidak lulus syariah iaitu pelaburan dalam kaunter perbankan konvensional berteraskan faedah melalui Maybank dan pasaran wang.
    
3. Sumbangan kepada tidak patuh syariah adalah terbesar yang tidak bertepatan dengan kehendak syarak serta kadar yang berubah-ubah ini menyukarkan pelabur untuk membuat pembersihan terhadap hasil dividen.

Sumber:http://www.muftiselangor.gov.my/KoleksiDownload/16062011/ASNASB.pdf

Sumber lain: Negeri Selangor
                   Negeri Pulau Pinang
                   Negeri Pahang

Nabi Muhamad SAW bersabda:

The Prophet Muhammad (peace be upon him) said “That which is lawful is clear, and that which is unlawful is also quite clear. Between these two is that which is ambiguous, which most people do not know. One who avoids the doubtful safeguards his faith and his honor.”
——— Riyadh-us-Salaheen, Hadith 588.


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