Archive for October, 2009

The sole telco provider for iPhone in Malaysia, Maxis will be re-listed on the Bursa Malaysia on 19th November 2009. This IPO exercise is to raise an estimated amount of RM11.7billion. Today i was at the Maxis Center to collect the Blue Form. There were many people at the Maxis Center enquiring about the IPO as well as to collect the form. Attached is the picture that i managed to capture on my iPhone when i was there.

MaxisCentreIPO

Below is the local news on the thestar.com:-

KUALA LUMPUR: Maxis Bhd is offering for sale 2.25 billion shares, or 30% of its total equity, to new investors with an indicative offer price of RM5.20 per share.

This means the initial public offering (IPO) will raise at least RM11.7bil for the major shareholders of the company, that is, Malaysian tycoon T. Ananda Krishnan and Saudi Telecom.

MaxisIPO

From left: Sandip Das, Information, Communications, Culture and Arts Minister Datuk Seri Dr Rais Yatim, Raja Tan Sri Arshad Raja Tun Uda and Datuk Seri Nazir Razak at the prospectus launch yesterday.

The final price of the shares on offer, however, will only be determined on Nov 10 after the completion of its institutional book-building exercise.

The final price could be at a discount of around 5% from the indicative offer price.

“It was envisaged that the re-listing of Maxis would attract the attention of local and regional investors, enlarge Bursa Malaysia’s capitalisation and also add to the range of large, well-managed companies available on our stock market,” Maxis chairman Raja Tan Sri Arshad Raja Tun Uda said yesterday at the launch of the company’s prospectus.

With a market capitalisation of RM39bil when the shares begin to trade on the main market on Nov 19, Maxis would reclaim its position as one of the largest component stocks on the benchmark FTSE Bursa Malaysia KL Composite Index.

According to Datuk Seri Nazir Razak, group chief executive of CIMB Group, which is the adviser for the Maxis IPO, the exercise is the largest-ever IPO in South-east Asia and the largest in Asia Pacific this year.

Nazir said he expected Maxis’ listing to grab the attention of international investors to the local stock market, with the seductive factors being the company’s large capitalisation, solid fundamentals, good track record, healthy growth prospects and strong liquidity.

“Maxis generates steady cash flow from its mobile communications operations, and enjoys strong upside potential for its broadband and data services,” he said.

Maxis currently commands about 40% of the domestic mobile telecommunications market.

While the mobile penetration rate in Malaysia has already exceeded 104%, based on the Malaysian Communications and Multimedia Commission’s latest statistics, Maxis chief executive officer Sandip Das believes there is still ample room for growth.

“People say the mobile market is saturated, but I disagree. The mobile market in Malaysia is mature, but it is not saturated,” he said, adding that east Malaysia was still “under-served” as penetration rates there were less than 40%.

As for the other two pillars of growth, Maxis has allocated a capital spending of RM1.3bil to boost its broadband and data services capacity this year.

Thus far, Maxis has already secured four cornerstone investors that have committed to subscribe about 28% of the Maxis shares on offer, and to hold on to their equities respectively for up to at least six months. These include local fund managers Permodalan Nasional Bhd and Employees Provident Fund and US-based Fidelity Investments.

Of the total shares on offer, only 2.83% will be allocated for retail investors while the remainder 27.17% will be for institutional investors. In its prospectus, Maxis disclosed an aggressive dividend policy that targets a payout ratio of at least 75% of its net profit as dividends.

“The growth prospects and strong cash flows generated by Maxis will ensure that the company is an attractive investment on Bursa Malaysia for the global and domestic investor community,” Raja Tan Sri Arshad said.

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Apps Review: Dropbox iPhone app

Dropboxicon

Dropbox has been around since May 2008 although it is only recently made available as an iPhone app. Dropbox is an application which allows you to synchronize folders on your local computer to other computers easily via the internet. The Dropbox iPhone App enables you to access those files on your iPhone seamlessly now! For this app to work on your iPhone, you need to have at least the iPhone OS3.1. The other great thing about this app is that it is FREE and it comes with a free 2GB storage. For additional storage, it is chargeable at US$9.99 per month for 50GB or US$19.99 for 100GB. For myself, the 2GB storage is good enough for my personal usage.

Key features of the Dropbox application are:-

1.  It loads and synchronizes quickly and seldom crashes(i have not experience any crashes while using the Dropbox app)

2.  This app is free and it comes with a free 2GB storage

3.  You can share the folders with anyone by sharing the login and password with them.

4.  You can share files(word, excel, pdf), powerpoint presentation, music and videos easily and seamlessly with others using this app.

To understand how it works better, i have included a video below which provides a good introduction as well as detailed steps on how to use this wonderful application.  :-)

i would give it a thumbs up for the ease of use as well as its usefulness and practicality. i would personally rate this app as one of the coolest iPhone app. If you have not downloaded it yet, i would strongly urge you to go check this out!

For more information on Dropbox as well as to download the Dropbox application onto your PC or laptop, you may check out the website below:-

http://www.getdropbox.com/

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Apps Review: TuneWiki app for iPhone

TunewikiLogo Have you ever wanted to get the lyrics to your favourite songs but do not know where to get it? With the Tunewiki apps, this may not be a problem anymore. Tunewiki is a cool app that provides worldwide radio station channels on your iPhone. With the wide varieties of genres available on Tunewiki, finding your favourite song or radio station will be a problem of the past.

Tunewiki offers a few great features as below:-

1.  It automatically syncs lyrics to the streaming songs that are being played. If no lyric is available, then it will will display “:: Sorry No Lyrics Yet! ::

2.   It has hundreds of radio stations worldwide powered by SHOUTcast radio.

3.  It allows you to find your favourite music videos on Youtube.

4.  and the best part is, this app is FREE.      :-)

With all these great features, i would highly recommend you to download this great app. One thing to bear in mind though is that you will need at least an EDGE, 3G or Wifi connection for this app to function smoothly.

Below are a couple of screenshots of this TuneWiki app as well as a video from Youtube showing you how to run it:-

TunewikiCommunity TunewikiTaylorSwift

Do check out this wonderful app and feel free to give your comments on it.  :-)

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i have just spoken to a few of my friends who are using the iPhone just to find out if they know this already. To my surprise, some of them do not know this yet. So, i have to make this posting just to let some of the iPhone users who have overlooked on this basic functionality on the iPhone headset. If you already know this, you may just ignore this posting.

Below is a picture of the iPhone headset that comes with your iPhone:-

Microphone

You can actually click on the Microphone/Clicker to answer phone calls when you are using your headset. Since there is no “button” on the microphone/clicker, many iPhone users may have mistakenly assumed that there is no clicker on the headset. So, this is going to be a real short posting to alert those who may have overlooked this only.  :-)

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If you did not sign up for the unlimited data package when you purchased your iPhone, then you may want to consider tracking the monthly data usage on your iPhone. This is because if you are on a pay-per-use data plan or even the iValue or iData plans offered by Maxis(sole telco providing the iPhone in Malaysia currently), there is a limit or cap of data that is bundled to your iValue or iData packages. Usage above the bundled data packages will be charged separately. Hence, tracking the data usage is important to prevent any “surprises” in your bills at the end of the month.

In order to track your monthly data usage manually, you may go to Settings>General>Usage. After clicking these, you will see the usage screenshot similar to the one as shown below:-

datausageUnder the “Cellular Network Data”, you should be able to see the data sent and received. In order to track the monthly data usage, you can click on the “Reset Statistics” at the bottom of the screen. The total data usage is the sum of the Sent and Received data indicated on your iPhone. After you reset the statistics, all usage will be reset to zero. You will need to manually reset the statistics right after the bill cycle date of your monthly statement. In this way, you will be able to track the monthly usage beginning each bill cycle. By tracking your monthly data usage this way, there should not be any more surprises on the mobile statements at the end of each month due to the data usage.  :-)

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