Added on August 24, 2008, 12:53 pm
Not really, that was expected as a 1 off gain.
Windfall Tax was the un-expected thing. So far I haven't found any source or article pointing to how much they actually paid for their 1st windfall installment.
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http://biz.thestar.com.my/news/story.asp?f...17&sec=business
I say so base on this article. Pls go through and give your comment on this
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Thanks for the link. Yeah that was the estimated amount of tax that is to be paid. I've seen values from RM90 mil to RM130 for YTLPOWER, so far this article provided the lowest estimated tax needed to pay. If I'm not mistaken, payments are every month so for 1 year, there are 12 payments.
A rough estimation can be made on how much they are suppose to pay base on their 1st month payments which I multiplied by 12 months to get the total tax needed to pay.
The 1st installment payments are highlighted in this article in here.
Aug 25 2008, 01:43 PM

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