Thank you for the follow-through,... bro,... I for one sees the value in your activity here.

Added : the other reserves and the value of securities (assets) in hand have become 'more negative' since year-end 2015, meaning their investments have not been doing that great, probably contributed by Perisai too,... but I think Gov't 'will cover' these losses should the time come that TH needs to liquidate these holdings.

This post has been edited by Hansel: Nov 2 2016, 10:37 AM

Correct, I think this year is even worse. But no one cares I guess

Rafizi urges early action on Tabung Haji’s RM3b fund deficit
http://www.theedgemarkets.com/my/article/r...?type=Corporate

hahaha I guess no action would be taken. "close one eye"

Frankly, it's really hard to visualise how will the Gov't let TH fall,... really hard to visualise this. If home buyers are not able to get their houses because of the developer failing, this, the Gov't can let go !!!!! BUT,...........TH failing the pilgrims ????????????

The Gov't will step in, quietly,... or indirectly later on,....

Tabung Haji Refutes Allegations Of Inability To Repay Depositors

http://www.bernama.com/bernama/v8/bu/newsb....php?id=1298268

Thanks for following up on the news, I'm not so good with that

But I really don't get what the Tabung Haji Chairman is saying. The negative reserves means that as at 31/12/2016, if the fund liquidate all assets, the market value of the investments are RM3.1b short, as simple as that.

Of course assets has to be >liabilities, because in accounting 101, Assets-liabilities = shareholders' funds
In this case shareholders funds = depositors amount + profits not declared as dividends + any other reserves (the RM3.1b negative reserves sits here)

But I agree with him that AFS unrealised losses do not need to go through profit and loss account because it goes to Statement of Other Comprehensive Income and they can declare dividends out of profit and loss accounts. So things that are done is legally acceptable. But that is not the point of the BNM advisory letter, and not Rafizi's point as well

still no news of the dividends this year? heard its election year..so TH will dip again into their reserve to give favorable dividends..haha

ASB interest latest seems otherwise though.

TH has always been known to give the HIGHEST dividend rate in Malaysia for her investors !

For those ONLY yet to perform haj

Reserves? You mean their 3.1billion negative reserves from last year?

The bonus portion only apply to a small portion I think; unlike ASB which applies to the entire amount. So 5%+3% bonus is definitely not 8% effective rate

I reckon ASB is very favorable considering the market sentiments last year..lel

now am waiting for EPF & TH announcement of their dividends. both are plagued with certain "issues" and took a beating last year

both very important funds for malaysians

Bonus is not applicable for those who done to perform haj...the clause is there clearly stated

While your statement is correct, I believe my statement is more refined. Refer to the screenshot from the annual report. The Haj bonus only limit to <RM10k even if you have yet to perform haj and not on the 100% deposit for depositors yet to perform haj.



Hence my comment of 5%+3% does not equate 8%. In the context of someone who have yet to perform haj and have RM100k in tabung haji; the dividends they would get is RM100k*5%+RM10k*3% haj bonus = RM5,300 thereabouts, which is effectively 5.3%

Don't you think the picture is now very different from what Tabung Haji shows on media 5%+3% bonus

Edit: See FAQ #7
https://cms-th.s3.amazonaws.com/16112016+TH...s+%28ENG%29.pdf

This post has been edited by dasecret: Feb 3 2017, 10:08 AM

For those who have average balance of less than RM9980 and have not perform Haj.

Anyway, isn't it normal for them to announce in March, its just February...?

This post has been edited by vergas: Feb 3 2017, 11:02 AM

Those porform haj via TH is very lucky..
TH subsidizes a lot.. The real cost is way higher than the current rate...

So any mean if the saving inside TH is 10k or more meaning we are ready to be called to perform Hajj already even let say i got year 2065?

Your above mention only who not perform haj is correct but for those who did they only get 5% and no bonus...

They not monitor how many saving we have...
As long as can meet their min requirement RM1200 for cash min balance or registered Hajj via EPF statement.
Then they will send the invitation letter when your muasasah is reach to the right time.
If you choose to cancel or postpone, they will replace from who request by appealing letter to perform early hajj then the muasasah.

dividend 2016 down?

PUTRAJAYA - Lembaga Tabung Haji (TH) mengumumkan agihan bonus atau hibah kepada pendeposit, merangkumi 4.25 peratus bonus tahunan dan tambahan bonus haji sebanyak 1.5 peratus, kepada yang belum menunaikan haji bagi tahun kewangan 2016.

Menteri di Jabatan Perdana Menteri, Datuk Seri Jamil Khir Baharom hari ini berkata, kesemuanya melibatkan pembayaran sebanyak RM2.88 bilion.

Untuk rekod, TH mengumumkan 5.0 peratus bonus tahunan dan tambahan bonus haji sebanyak 3.0 peratus kepada pendeposit yang belum menunaikan haji pada tahun kewangan 2015, berjumlah RM3.24 bilion. - Bernama



Artikel Penuh: http://kosmo.com.my/kosmo/content.asp?y=20...m#ixzz4XanMeaJf
Hakcipta terpelihara

4.25% + 1.5%

Wow the rate is quite low, especially those who don't get bonus..
Near to FD rate already