Lowyat.NET: Latest topics by Dino168

Things that cannot claim from Insurance company

Dino168 — Tue, 24 Jun 2025 07:37:19 +0800

I am starting this topic and hope that it can continue forever, so that others (especially those who wants to buy new insurance policy) can learn what we have experience with our unsuccessful claims or problems with our existing insurance.

I recently was diagnosed with 3rd stage cancer and experienced with my insurance claim.

1) Generali Travel Insurance - All forms of cancer are not claimable. It is stated in their small print. A lot of people don't know about this; even tour agency that recommend us to buy from them. So, please take note.

2) Allianz Medical Insurance (pay and claim type) - their e-invoice only states a lump sump claim amount, and does not say what is claimable and what is not. Already ding dong with them for 3 months and still the same. Maybe they are doing this, so that one cannot dispute them. So, please take note.

I will be putting up for my CI claim later and will be updating it if I face any difficulty.

Thanks all and please continue with your inputs on the problem you faced when putting up your claims with your insurance.

Buy new house or build house in Selangor

Dino168 — Tue, 03 Oct 2023 13:20:51 +0800

For own stay, is it better to buy new house or buy land and build own house?

We bought a mid range house (~RM1M) from a respectable developer (top 5 in Malaysia), thinking that their quality will be better. Unfortunately, we know that is not true on the very first time we got our keys. A lot of time is needed to to talk to the developer and their contractors will used the cheapest "coverup method" to close the case. After DLP, the real problem appears. Need additional cost to remove those "coverup repairs", before actual repair work can commence. The developer can even threaten me, not to share our joint-inspection video to public.

So, anyone out there faced or facing same issue? If you have a chance to get a new house; would you
1) buy new house from developer,
2) buy 2nd hand house to renovate or
3) buy land and build new house.

For those house owners who (bought or built their houses after 2018) please feel free to share ur experiences.

Thanks.

Price getting higher with SST

Thu, 01 Jan 1970 07:30:00 +0800

Price getting higher with SST

Dino168 — Tue, 04 Sep 2018 22:20:08 +0800

Seems like my house Reno quotation in Sept is higher than in early Aug. Vendor is saying government did not inform them, their products are not taxed, so they just add in that SST first.

Should I on hold until things get cleared?

ACE Holding Berhad

Dino168 — Sun, 14 Jan 2018 22:41:45 +0800

Any sifu have invested in ACE Holding Berhad Redeemable Preference Stock? How was payout in the previous offering (6% semi-annually)? What is the risk associated with such investment? Is Preference Stock safer than Bond? If it is safe, why EPF or other government investment arm subscribe all of its share?

Thanks.

New Maybank Indonesia Bond

Dino168 — Wed, 11 Oct 2017 21:29:46 +0800

Any sifu out there bought Indonesia corporate bond in IDR currency before? Is there withholding tax for foreigners? Googled a backdated (June 2016) Indonesia news, that their government abolished such withholding tax for global bond investment but not confirm. Coupon is ~7.2% for 3 year bond, payout every quarter. Also have a 5 year bond, with a coupon of ~7.6%.

How do you manage the payout? Can one open IDR foreign account in Malaysia? If every quarter have to convert back to MYR and with potential withholding tax, is 7.2% still consider good?

Tesco Kungfu Panda Figurine

Thu, 01 Jan 1970 07:30:00 +0800

Tesco Kungfu Panda Figurine

Dino168 — Sat, 23 Apr 2016 18:04:10 +0800

I have 1 extra Tigress. Would like to exchange with sidekick PO or Sifu. Location : Sg. Nibong, Tesco Extra, Penang. PM me if interested. Thanks.

Reverse Repo Investment

Dino168 — Thu, 21 May 2015 18:23:54 +0800

Dear Sifu .. anyone has tried investment with reverse repo bond purchase (i.e. invest 40% of own $ and take bank loan for balance 60%). The 40%, pocket entire profit, and the 60%, gain the difference of profit minus loan interest from bank. Sifu please comment .. and advise if any Malaysia bank has such offering. Heard, Singapore has such products.

Thanks.

Structural Investment from Banks

Dino168 — Fri, 13 Mar 2015 08:13:54 +0800

Any sifu invested in structural investment tools that potentially can provide higher returns than current FD?

Was told such investment includes buying of government & company bonds, blue chip shares (within certain trading bands and will get payout) and etc. There are even investment whereby one can borrow loan from bank and profit from delta between coupon rate and bank borrowed rate. Any catch? If that company is good, why bank don't want to buy themselves but instead offers to us???

Foreign Currency Time Deposit

Dino168 — Sun, 01 Feb 2015 15:51:12 +0800

Would like to hear from all SIFU out there regarding Foreign Currency Time Deposit accounts offered by most of our banks (both local and foreign).
Please share your experiences and advise which is your preferred bank; for best interest rate and service. Have some AUD and USD.

Another other options to keep foriegn currency in Malaysia?

RPGT for property disposed >1year

Dino168 — Wed, 12 Mar 2014 16:42:33 +0800

For property bought within 1 year, RPGT is 30% on profit.

Question : if there is no profit made (e.g. S&P price minus all expenses is lower than selling price); is it valid for RPGT=0%?? Agent told me cannot ... must have a minimal profit (if so, what is that min amount) ... otherwise will get into legal problem.

Seeking advise from experts ... if that agent pulling a quick one on me?? If property bought at wrong time, then forever cannot sell.

Retrenchment in Penang

Dino168 — Fri, 28 Feb 2014 15:20:44 +0800

Heard Intel (Penang island) did some senyap senyap retrenchment on 21 Feb ... 20-25 people kena. Anyone can confirm?

Heard any other retrenchment in 2014 thus far .. please share.

Student Accomodation in UK

Dino168 — Wed, 05 Feb 2014 15:43:25 +0800

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Anyone have any experience in Student Accomodation investment (also seen such investment ideas in Australia). This particular one in UK (Summer Berry Residence) mentioned 10% yield. Can it be trusted? Or its a scam?

Purchase US ETF in Malaysia

Dino168 — Wed, 27 Nov 2013 21:59:11 +0800

Any sifu out there have experience in trading US ETFs (buy and sell) in Malaysia? Please share knowledge.

Thanks.

On-line mutual fund purchase in Singapore

Dino168 — Mon, 08 Apr 2013 21:39:17 +0800

I (a Malaysian) is thinking of setting up an on-line mutual fund trading account in Singapore. A quick search suggests :
a) Fundsupermart
b) POEMS
c) Dollardex
d) Saxtraders

Any sifu out there who already trading in Singapore, please share good and bad experience in those trades platform. Which one do you think is best in term of lowest sales charges and switching cost?

Thanks.

Nikon d5100 Mal or HK manufactured?

Dino168 — Sun, 23 Dec 2012 09:00:35 +0800

All Nikon experts,
I am thinking of getting a D5100 (when D5200 comes into Mal). Noticed high price difference Malaysia vs HK guarantee of the same brand. What are their differences? Can go for the lower cost one? First slr ... Please educate me. Any price indication of D5100 after D5200 comes out.

Thanks all.

Major renovation in Apartment

Dino168 — Fri, 21 Dec 2012 09:44:42 +0800

Dear Contractors and Lawyers,

I recently went and see a penthouse unit (in Penang) and the owner has added an entire mezzanine flooring into his (already) duplex unit. Questions, is this legal? Does he need to obtain approval from government agency? Is an official letter from current management good enough to make this legal? According to the owner, strate title already obtained.

Please comment ..

Thanks.

Saxotrader

Dino168 — Mon, 12 Nov 2012 10:54:17 +0800

Anyone tried trading ETF on spot gold and silver using Saxotrader (closes branch is in Singapore .... http://sg.saxomarkets.com/trading-platforms/trader-download ). It is not limited to just gold or silver trade but almost everything from stock, mutual funds and etc.

Comments from Investor sifu ..

Best Gold Account?

Dino168 — Wed, 31 Oct 2012 13:22:37 +0800

Gold account holders, please share your experiences (good and bad) with that account. I am thinking of opening a gold account for investment. Too many to choose from .. OUB, Maybank, CIMB, KFH .. etc.

Any of them having promotion now? CIMB is giving RM88 for every 88gm of gold purchase.