Monday, September 21, 2009

Maxis to offer 2.25b shares under IPO


Maxis Communications Bhd (MCB) plans to list its Malaysian operations Maxis Bhd (Maxis), under an initial public offering (IPO) which will involve 2.25 billion shares, of which 2.075 billion will be offered to institutions and the remaining 174.79 million shares for the public and its customers.

The IPO is set to be the country's biggest since 1995 and estimated by sources at US$2 billion, as investors rush to capitalise on booming stock markets, according to Reuters.

Currently, MCB is the beneficial owner of 7.5 billion shares, representing 100% of the paid-up of Maxis. It is the promoter of the listing exercise and selling shareholder.

MCB said in its exposure draft posted on the Securities Commission website on Sept 18 that it will hold 5.25 billion shares, representing 70% of the paid-up of Maxis after the IPO.

Selamat Hari Raya Aidilfitri...



Warm wishes to all Muslims celebrating this festive season from Endless Horizon :)

International Lion Dance On Stilts Competition - 26th Sep 2009

Date: 26th to 27th September 2009
Time: 10am to 2pm (26th Sept) and 11am to 1.30pm (27th Sept).
Location: Komtar Dome, Penang
Organizer: Penang State Government


Penang will hold a Lion Dance On Stilts competition at Komtar Dome this September. International level competition on 26th & 27th September 2009.

Teams from China, Hong Kong, Taipei, Brunei, Thailand, Singapore, Philippines and Indonesia will be joining our Malaysia teams to fight fot the championship title.

Our Malaysia Champion team also the 30th times World Champion from Muar, Johor, Kuab Sheng Kun Association will be sending 2 teams to participate in this event.
Everybody is FREE to go !!!

Friday, September 18, 2009

PBIM 09 Routes are out!


The Penang Bridge International Marathon routes are out, check it out below:

Half Marathon - A exact 21km run


Full Marathon - 42.195km...so exact???

Thursday, September 17, 2009

Special holiday for schools tomorrow


All schools will be given a special holiday tomorrow in conjunction with the Hari Raya celebrations, with the day itself expected to fall on either Sunday or Monday.

Education Minister Tan Sri Muhyiddin Yassin said the Cabinet made the decision to enable parents to make plans for their families to travel earlier to their hometowns and avoid traffic jams.

“This decision covers all schools and educational institutions under the Education Ministry,” he said in a statement.

Muhyiddin said the decision meant the ministry’s earlier circular on additional holidays for Hari Raya was revoked.

Happy Malaysia Day...

In case you forgot, yesterday was Malaysia day. Well, I must say this day doesn't really mean a lot for us since it's just a normal working day. Nothing much to celebrate about or to talk and discuss about. Anyway, it was this great day that Malaysia exist!!! Well, our nation did existed before that but back then it was known as Malaya before our Malaysia Day :)
From Wikipedia:

Malaysia Day is held on September 16 every year to commemorate the establishment of the Malaysia federation on the same date in 1963. It marked the joining together of Malaya, North Borneo, Sarawak and Singapore to form Malaysia. The formation of the new federation was planned to occur on June 1, 1963, but was later postponed to August 31, 1963, in order to coincide with the sixth Hari Merdeka. Several issues related to the Indonesian and the Filipino objection to the formation of Malaysia delayed the declaration to September 16 of the same year. The postponement was also done to allow the United Nations team time to conduct referendums in North Borneo (now Sabah) and Sarawak regarding the two states participation in a new federation.

The formation of Malaysia was made possible through the introduction of the Malaysia Bill to the Malayan Parliament on July 9, 1963, and consent from the King on August 29, 1963. Prior to the formation of Malaysia, Singapore and North Borneo unilaterally declared independence from the United Kingdom on August 31, 1963, thus coinciding with the sixth anniversary of the Malayan independence.

Malaysia Day is not a public holiday. However, it is coincidental with the birthday of the Yang di-Pertua of Sabah, making the day a public holiday in Sabah.

Del Potro comes of age

I was a bit late on posting of this piece of news, maybe due to the after effect of me waking up at 4am for the match. Anyway, great match and great fight by both men, even though Del Porto was so much superior in the 5th set. He deserved it truly :)
Roger Federer had contested 20 Grand Slam finals prior to his 3-6, 7-6 (5), 4-6, 7-6 (4), 6-2 loss to Juan Martin del Potro in the 2009 US Open final, but he had only taken defeats to one man, Rafael Nadal, during the five occasions he was unable to hoist the big trophy.
But the world No. 1 had never been asked to do what the 20-year-old Argentine required of him, which was to match his nuclear power over a four-hour period and find a way to hit through and around a younger man who was overmatching him off the ground, was serving bigger and returning with more confidence and force.


Federer had chopped down plenty of pure power players before and had beaten del Potro six straight times coming into the match, but the tall free-swinger from Tandil was less mature then, was lacking in fitness and didn't really believe that when crunch time came he would have more answers.

But outside of a nervous first set, he largely out-played one of the greatest players in US Open history, a man who had won five successive Opens and who had played so well from 2004-2008 that he was never forced to contest a five-setter in a final.


Del Potro kept hitting out with his forehand, even though Federer's is oh-so-dangerous, but made the right decision, as he ended the contest with 37 forehand winners to just 20 from Federer. The Argentine had little trouble hammering into Federer's weaker backhand side with searing cross-court backhands, finally got enough rhythm with his two-handed backhand to be able to pass the on-rushing Swiss, and moved at times, like, well, Nadal.

During the sixth game of the fourth set, after chasing down a Federer blast near the wall and curling it for a forehand winner around the net post, he scooted around, high-fiving the crowd.

A quiet and modest guy, del Potro didn't back away from the occasion and reveled in it, waving to his large contingent of Argentine fans to get himself pumped up and looking up in sheer joy as they serenaded him with cries of “Ole, Ole, Delpo.”

Del Potro is only the fourth player since Federer won his first major at 2003 Wimbledon to break the Nadal-Federer stranglehold at the majors. One of the other men, 2005 Australian Open champion Marat Safin, will retire at the end of this year. That leaves 2003 U.S. champion Roddick, 2008 Australian titlist Novak Djokovic and del Potro to contend with the Swiss and the Spaniard, who have won 21 majors in that period.

Del Potro is the first guy to beat Nadal and Federer back-to-back at a major -- no small feat. Like Safin did to Pete Sampras back at the 2000 US Open, the young guy with a blinding haymaker knocked out a stunned older legend. He has the on-court tools and, apparently, the willpower.

That should clearly make him a significant part of the conversation in years to come in his beloved New York.