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Showing posts from December, 2023

Food Review: Way Modern Chinois at 1 Utama

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Way Modern Chinois recently relocated to their new outlet in 1 Utama Shopping Center on 28 December 2023. Formerly, they were at Damansara Heights. The new outlet is located at Lot 343A Oval, nearer towards the Rainforest Zone. I was attracted to their opening promo which is their Half Truffle Roast Duck for RM8.80++ but the promo finished when I arrived 😖 Molecular Skinless XLB (Xiao Loong Bao) - RM6.00++ My review of their specialty Xiao Loong Bao is very unique without the typical skin i.e. skinless. The soup and meat contain the ginger & vinegar inside. For me, I would rate it as 3/5. Wagyu Porcupine Bun - RM13.00++ per piece This particular dish is so cute that I need to order. It contains black pepper infused Wagyu beef inside. I feel that the black pepper flavor is very overpowering. For me, I would rate it as 3/5. Fried Rice with Crabmeat & Hokkaido Scallops - RM42.00++ This fried rice lacks wok hey definitely. It has very oily texture for fried rice. The protein po

PRS Nomination is important

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To those who invested in Private Retirement Scheme (PRS) in Malaysia, it is super important to submit (by hand) your Nomination Form to Private Pension Administrator Malaysia (PPA). You may invest in PRS via Versa PRS (using their app) for zero-paper application and deposits. Unfortunately, there is no online platform service for submitting the Nomination Form. All PRS Members are required to meet their respective PRS consultant/ PRS Provider/Bank/PPA in person to submit all relevant documents when making a nomination. The Nomination Form shall be submitted together with a copy of members Identification Card (MyKad/Police Identification Card/Military Identification Card/ Permanent Resident Identification Card (MyPR) as the supporting document. Else , you may walk in to PPA office as below:- Private Pension Administrator Malaysia (PPA) Level 13A, Bangunan Tierra Crest,No. 3A, Jalan SS 6/3, Kelana Jaya, 47301 Petaling Jaya, Selangor, Malaysia. Note: Submission of application for Nominat

Lego 80112 - Auspicious Dragon

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  Beginning of 4-Feb-2024, the new zodiac sign of the Wood Dragon enters into the Period 9. The new Chinese New Year 2024 sets were revealed in the annual China International Import Expo back in November 2023. The long-running Chinese Traditional Festival sets have long been a staple celebrating Chinese New Year, and for 2024, we have an incredible Auspicious Dragon model, the perfect display to usher in the Year of the Dragon. I've my eyes set on the Lego 80112 - Auspicious Dragon as my MUST BUY Lego for the year. This set have 1,171 Lego pieces, with NO Stickers (yippee !!!) Estimated Suggested Retail Price: RM379.00 [01-01-2024 Update] I arrived early at Lego Store 1 Utama to be their first customer to buy the Lego 80112 with the Free gift of Lego 40611 (Year of the Dragon)

Daihatsu falsified safety test since 1989

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OSAKA (Kyodo) -- Daihatsu Motor, the small-car unit of Toyota Motor, said Monday it will keep its domestic production suspended until at least the end of January after having halted all domestic shipments due to a safety testing scandal. Daihatsu, which has been inspected by Japan's transport ministry, said it does not know when it can resume shipments or production. The company plans to stop production at all of its factories in Japan by Tuesday. Source:-Nikkei Asia

Adios, Software AG - Farewell soon ?

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7 days before Christmas 2023, IBM has agreed to purchase webMethods and Streamsets from Software AG for €2.13 billion (USD2.3 billion). Silver Lake become new owner of Software AG in September 2023. On 27 December 2023, more news came out Software AG that is looking for interested parties for its Trend Miner and Cumulocity platforms, according to Handelsblatt ( a German-language business newspaper published in Düsseldorf ). What will be left of Software AG after 2024? David Mooter wrote about his prediction for Software AG at https://www.forrester.com/blogs/software-ag-webmethods-the-farewell-sale/

Xiaomi launches “Speed Ultra 7” Electric Car

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The latest Electrical Vehicles from Xiaomi will rival the Porsche Taycan Turbo. It's powered by Xiaomi's own HyperOS. This is not a concept EV, but a real production EV by Xiaomi. It's like Xiaomi SU7 = Tesla + Porsche 😂 The SU7 Max with dual motors pushes 664hp and 838Nm of torque. It can get from 0-100km/h in just 2.78 seconds, up to a top speed of 265km/h.  Using an 800V battery architecture, the Xiaomi SU7 can be fast charged with up to 220km range in just 5 minutes or up to 510km range in 15 minutes.  The slippery design delivers an impressively low drag coefficient of just 0.195cd. The 101kWh battery boasts up to 800km of CLTC-rated range on a single charge.

IPO Watch: TSA Group Bhd

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KUALA LUMPUR (Dec 27): TSA Group Bhd is pricing its shares at 55 sen apiece, seeking to raise some RM42.53 million through an initial public offering (IPO) on Bursa Malaysia’s ACE Market. At 55 sen per share, the industrial hardware products and stainless steel pipes and metal products manufacturer is expected to have a market capitalisation of RM170.12 million after listing, valuing the company at about 4.23 times its price-earnings multiple — based on a net profit of RM39.85 million for the financial year ended Dec 31, 2022 (FY2022). At the prospectus launch on Wednesday, the group said RM42.53 million of the proceeds will be raised from the issuance of 77.33 million new shares, representing 25% of its expanded share capital of 309.3 million shares. Prospectus:  Announcement details (bursamalaysia.com) Source: The Edge

The Electrifying Revolution: Electric Vehicles in Malaysia

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In recent years, Malaysia has witnessed a significant shift towards sustainable and eco-friendly transportation, with electric vehicles (EVs) emerging as a key player in this transformation. As the country strives to reduce its carbon footprint and embrace cleaner energy solutions, the adoption of electric vehicles is gaining momentum. This article explores the current state of electric vehicles in Malaysia, the challenges and opportunities, and the initiatives driving this electrifying revolution. Current Landscape: The electric vehicle market in Malaysia is steadily growing, fueled by advancements in technology, increasing environmental awareness, and government incentives. As of 2022, several automakers have introduced electric models to cater to the rising demand for cleaner and more energy-efficient transportation. The Malaysian government has been proactive in promoting electric vehicles through various initiatives. Incentives such as tax exemptions, reduced import duties, and re

Income Tax Relief for 2023

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  Malaysia, known for its vibrant culture and robust economy, offers a range of tax relief measures to alleviate the financial burden on its citizens. These measures are designed to encourage savings, support education, and foster a more inclusive economic environment. Understanding the various tax relief options available is crucial for individuals and businesses alike to optimize their financial well-being. Personal Tax Relief: Malaysian taxpayers can benefit from a variety of personal tax reliefs to reduce their taxable income. Some notable categories include: a. Individual Relief:  This encompasses basic necessities such as children's education fees, purchase of books, and medical expenses for parents. Taxpayers can claim relief for themselves, their spouses, and children. My personal favorite: SSPN Prime and Private Retirement Schemes (PRS) SSPN Prime  offers up to RM8,000 in tax relief per individual (until 2024*) PRS  offers up to RM3,000 in tax relief per individual. (unti

My Referral Links

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