Got Back My 5% Sukuk Simpanan Rakyat

Posted by Kris | Thursday, May 31, 2012 | | 5 comments »



It came as a sweet surprise,as I saw my bank account suddenly ballooned. I thought that someone had  accidentally banked in money into my account. LoL. (What are the chances of that happening). 

P.S , It happened before to me that a huge amount (a 5 digit figure) was accidentally banked into my brokerage account. But being the honest guy I am, I quickly informed my broker about it.

Then I remembered the amount deposited is similar with my 5% Sukuk that I bought around 3 years ago. The deposit included the last interest accrued.It has now fully matured :)

Wow..3 years fly by so fast. Below is my post on the Sukuk 3 years ago.


In the future, there is no doubt that more Sukuk will be issued. I read somewhere that the government is going to setup a entity whose capital will be raised by the Sukuk method to bail out our beloved MAS airline. (~9 billion, to buy new aeroplane to be leased back to MAS) . Don't think buying newer planes will turnaround the always-losing-money national airline. They should cut expenditure and restructure it to be profitable again by plugging all the financial leaks.

It would be stupid to touch on the idea of asking Khazanah or EPF to bailout MAS again since the general election fever is nearby. So money raised thru Sukuk by public subscriptions is going to be the way to go to get more money into the coffers. 




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5 comments

  1. kampunginvestor // 9:22 PM  

    Congrats bro.. How many K's you invested in this baby? ^^ So when can we go out for a drink? On you k? I miss on the Gas Malaysia IPO... If not, i can bring you out for Jalan jalan cari makan! lolx...

  2. Kris // 6:34 PM  

    @Kampung,

    This sukuk only 5% return. You easily earn more than that in stock :D Perhaps you should belanja me..lol

    Heard that Gas Malaysia is oversubscribed 22x. So here goes my chance of getting it.

  3. kampunginvestor // 12:46 PM  

    Bro, lately stock never up le. So never make much la.. At least you still got 5%.. no worries la.. belanja anytime la... no need make $ also can belanja u. ^^

  4. Kris // 11:35 PM  

    Sure Sure. No problem :D

  5. Kris // 7:27 PM  

    @KampungInvestor, your website has been detected to have malware again...