TM, TT dotCom to install submarine cable

TM, TT dotCom to install submarine cable

3 MARCH 2015 @ 9:30 PM
KUALA LUMPUR: Telekom Malaysia Bhd (TM) and TT dotCom Sdn Bhd (TTdC) are set to jointly install a submarine cable connecting Peninsular Malaysia, Sabah and Sarawak.

Dubbed ‘Sistem Kabel Rakyat 1Malaysia (SKR1M), the project was awarded by the Malaysian Communications and Multimedia Commission MCMC to TM through a Public-Private Partnership arrangement between both parties.

Following a memorandum of understanding (MoU) signed between TM and TTdC today, a SKR1M Consortium would be set up for SKR1M development.

“Upon the signing of the MoU and the formation of SKR1M Consortium, the parties shall proceed with the tender exercise to determine the preferred technology partner to supply, deliver and implement SKR1M,” TM said in a filing to Bursa Malaysia.

During the MoU period, TM said the parties would also develop the principles for the construction and maintenance agreement (C&MA), where it would establish the rules governing the implementation and management of SKR1M.

The term of duration of the MoU is three months or it will expire upon execution of the C&MA, whichever is earlier.

In another note, TM said its wholly owned subsidiary, Tulip Maple Bhd has received the Securities Commission’s approval for the proposed establishment of the Sukuk programme.

The Sukuk programme shall provide TM with the flexibility to manage its fund-raising requirements and to have an alternative access to debt funding, in addition to conventional bank borrowings.

The Sukuk proceeds would be utilised by the company for capital expenditure and business operating requirements or as set forth in the pricing supplement for the relevant series, where such utilisation shall be Syariah-compliance. — BERNAMA

PropertyGuru eNewsletter: Plan for new home buyers

PropertyGuru eNewsletter: Plan for new home buyers

People looking to buy their first home within the next year should have a plan in mind and it’s important to have a plan in place to ensure you’re on the right track for qualifying for a mortgage. While buyers cannot control variables such as interest rates, house prices and qualifying guidelines, they can educate themselves about factors that they can control, like credit score, down payment and housing needs and wants.

To come up with a one-year plan, a buyer will have to talk to a mortgage broker or lender who can help figure out the right type of home loan as well as how much can be borrowed based on the buyer’s financial situation.The mortgage pro can also help the buyer review his credit history and make changes that will place the buyer on a better position to acquire a home. Buyers should also have a target price range and they should also have an idea of where they want to live – whether they want to live in a spread-out place or near a certain transit line or school district.

Buyers should also work with the right agent.

If you’re working with an agent who’s going to push you into making a decision when you’re not ready, you’re probably not working with the right agent. Be happy you sat down with them a year ahead of time rather than three months ahead of time because you can cross them off your list. Having an agent who is familiar with the buyer’s targeted area will be of much help in finding homes that are not listed. Buyers who want to shop online can research homes, neighbourhoods and agents on real estate websites. However, a caveat is in order.

Early in the stages of looking for a home, online is a great place to start. You get a good general sense. Unfortunately, there is also a lot of bad information on real estate websites. There is possibly a lot of false hope there. Realize that not everything you see online is 100 percent accurate.

You can never fine-tune your search too early. Having a good idea of the type of neighbourhood you’re looking for and the qualities within that neighbourhood that are preferences versus must-haves is really important.

Source: Property Guru News Letrer

 

Takaful Concept

Takaful means ‘guaranteeing each other’ in Arabic, it is an Islamic system of mutual insurance built around the concept of ‘cooperation’. Cooperative contributions are made with the intention of helping other participants face with difficulties and eliminating the resemblance of Takaful to gambling and exploitation. Each participant contributes to a fund to cover expected claims, while also benefiting from a share of investment returns.

 

SIM Kad Mobily for Umrah & Hajj – 2015/1436H

 

Are you travelling for Umrah ? Now you can buy the SIM card in Malaysia before travelling to Saudi Arabia.

We are selling SIM Card for RM 20 (pre air time SAR 10.00) + postage and handling cost RM 8.

Enjoy Hajj special offer, with every recharge of 10 SAR and above, will get 200% FREE bonus credit.‪

The FREE bonus credit can be used for:

  • Calls & SMS on Mobily network
  • International SMS
  • Internet
Recharge Denomination Rates in SR
10 – 19 Riyals 1 Day
20+ Riyals 3 Days

Tariff and Validity‬ ‪Rates in SR
All local calls‬ 0.50 SR‬
Local & International SMS‬ ‪0.25 SR‬
International Calls‬ Starting from 0.55 SR‬
Validity‬ 60 days‬

What is Mobily Hajj & Umrah?

Stay connected with your family and friends back home while visiting Saudi Arabia for Hajj and Umrah and enjoy the best local and international rates in the Kingdom.‬‬‬‬‬

‪For the Holy month of Ramadan, enjoy a special offer in which you will be given SAR30 credits and you will get 3 Mobily Super Recharge cards.

How To Recharge the Hajj & Umrah package using Mobily vouchers‬:

  • Scratch the card in order to reveal the special card code‬‬‬‬
  • Dial: *220*card number*your Saudi visa number# and then press call‬‬
  • Once you recharge you will receive a message with the card benefits

Check Your Card Balance‬:‬

Check your card balance at any time by dialing *221# and you will receive a detailed message with your card balance.‬‬‬

Add an International Favorite Number (IFN)‬:‬‬‬

Set your first and second IFN via SMS as follows:‬‬‬‬
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  • To set your second IFN, send 42*00xxxxxxxx to 1100.‬‬‬‬