hihi
i've a question on ETSB (Exchange Traded Bonds/Sukuk)
let's say i've successfully applied 1lot (10units of RM100). ->Min is 10 units which is RM1,000
I hold for 15 years until maturity...
on maturity, i should get back the face value, right ? ->Yes
so my questions are:
1)what if it's traded at RM110 on the last trading day ? do i get back RM1100 or RM1000 ? ->RM1,000
2)what if it's traded at RM90 on the last day ? do i get back RM900 or RM1000 ? ->RM1,000
3)if i'm to get back RM1000 no matter what the last traded price is,.. does that mean I will have additional gains if my Average Bought Price is RM90 (for example)?->Yes

From 2014 onwards, we're moving to single-tier taxation for dividends. All dividends are taxed at source, and not taxable at the hands of shareholders.

In the previous regime of franked dividends, if your personal income tax level is say 15% and corporate tax rate is 26%, you are able to claim back the 11% difference.

In the single-tier regime, even if your tax bracket is 0%, your dividends will still be hit with the corporate tax rate and you cannot claim back anything.

R U sure of this ? This is a big hit to those who buy stocks for their high-yielding dividends. Do U have the source of the info so I can check it out myself ?

hihi
i've a question on ETSB (Exchange Traded Bonds/Sukuk)
let's say i've successfully applied 1lot (10units of RM100).
I hold for 15 years until maturity...
on maturity, i should get back the face value, right ?
so my questions are:
1)what if it's traded at RM110 on the last trading day ? do i get back RM1100 or RM1000 ?
2)what if it's traded at RM90 on the last day ? do i get back RM900 or RM1000 ?
3)if i'm to get back RM1000 no matter what the last traded price is,.. does that mean I will have additional gains if my Average Bought Price is RM90 (for example)?

R U sure of this ? This is a big hit to those who buy stocks for their high-yielding dividends. Do U have the source of the info so I can check it out myself ?

1)&2) Bond always being redeemed at face value, disregard the market price.

3) Yes, but market generally taking into account already, the bond won't be traded at Rm90, if it is going to be matured tomorrow.
Who is the water fish to sell at Rm90, when tomorrow can get Rm100? 
Unless there is a risk of default.
Single tier system already in place many years back.

Old imputation dividend system is going to be obsolete next year. In other word, start next year, all dividend is under single tier.
Those tax credit under old imputation system will be obsoleted.

Afternoon cherroy,

if PKR win the next election...

the new gov still need pay the face value when the bond hv matured?

In fact, a lot of Co oredi declared single tier dividend

hihi
i've a question on ETSB (Exchange Traded Bonds/Sukuk)
let's say i've successfully applied 1lot (10units of RM100).
I hold for 15 years until maturity...
on maturity, i should get back the face value, right ?
so my questions are:
1)what if it's traded at RM110 on the last trading day ? do i get back RM1100 or RM1000 ?
2)what if it's traded at RM90 on the last day ? do i get back RM900 or RM1000 ?
3)if i'm to get back RM1000 no matter what the last traded price is,.. does that mean I will have additional gains if my Average Bought Price is RM90 (for example)?

U mean single tier dividend is dividend which is already net of the corporate tax ?
I thought single tier div is company got tax credit and they use the tax credit to pay the tax so the dividend is non-tax ?

U mean single tier dividend is dividend which is already net of the corporate tax ?
I thought single tier div is company got tax credit and they use the tax credit to pay the tax so the dividend is non-tax ?

Anyone interested with this?

CIMB i trade reveal the price redi http://www.eipocimb.com/

rm100/unit

Any kind advise?

This is a 15 year bond giving 4.58% interest, with interest paying twice daily and principal guarantee by the govt. If U like low risk and relativrly high interest rate, this is the counter for U - rate is much higher vs FD rate.

m2u server error, hahaha

cannot check eshare now. worst online banking platform ever, hahahah. tiger lembik

i hope MRT line 2 announcement in Q1 2014 will boost the FV for this.

Need more input.

Dun think so
Unless BNM drop OPR rate