Monday, November 3, 2008

Gerakan's Vijayaratnam found dead

Gerakan vice-president Dr S Vijayaratnam was found dead outside his clinic in Seremban this morning. He was 58.
MCPXIt is learnt that the politician's body was discovered around 11.30am outside the three-storey building which he owned, known as 'Vijay Mahal', located along Jalan Tengku Hassan.
He leaves behind widow Anucia Tharumaratnam and two sons.
The police, who are investigating the death, this afternoon ruled out suicide or foul play.
In a statement, Gerakan said Vijayaratnam had suffered a heart attack and party sources scotched rumours that foul play was involved.
"Vijayaratnam passed away this morning due to a heart attack. This is sad news to Gerakan, the Barisan Nasional and the country," read the statement.
"He was a leader of principle respected by many and a role model for the young people inside and outside of Gerakan. May God bless his family and give them strength."
Meanwhile, Gerakan president Koh Tsu Koon expressed shock and sadness over Vijayaratnam's sudden demise."We lost a committed comrade and close friend," he said in a statement.Describing Vijayaratnam as a dedicated and loyal leader of Gerakan, Koh said: "We pay tribute to a true Malaysian. Vijayaratnam frequently contributed articles to the media to articulate the party's ideology and stand on various issues of national concern."Vijayaratnam, whose father is a former DAP leader and a one-term parliamentarian for Seremban Barat, joined Gerakan in 1980.
Vijayaratnam was appointed senator in 2002 and served for two years, from 2006 to 2008, as parliament secretary of the Plantation Industries and Commodities Ministry.
Highest ranking non-Chinese in Gerakan
Vijayaratnam, a general practitioner based in Seremban, was the highest ranking non-Chinese leader in Gerakan.
In the party polls last month, he retained his vice-president's post by coming in second. The highest vote-getter was former Youth chief Mah Siew Keong (1,153 votes), followed by Vijayaratnam (678) and former Penang Youth chief Huan Cheng Guan (568).Highly-fancied Malay candidate Dr Asharuddin Ahmad (537) failed to make the cut.Party observers said that Vijayaratnam was able to win the post twice because he was known as the president's manVijayaratnam was chairperson of the party's International Affairs & Ethnic Relations Bureau and head of Gerakan branch in Sungai Ujong, Negri Sembilan.
He was also a member of the National Economic Consultative Council, a fellow of the Royal Society of Health in London, and an honorary fellow of the Indian College of General Practitioners in New Delhi, India.
MIC president S Samy Vellu remembered Vijayaratnam as a "mild-mannered, easy-going and well-respected" person.
"I am deeply shocked and saddened by his demise," he said in a statement.
"Gerakan has lost a capable leader. He served the government well. I knew him very well and he worked closely with MIC. It's a great loss to us too.
"I wish to extend my condolence to his wife and children," he added.
In another reaction, Selangor executive councillor Elizabeth Wong, who is from PKR, also expressed her condolences to Vijayaratnam's family and Gerakan.
"I have had the pleasure of working with Vijayaratnam from 2005, when he was a member of the Malaysian Parliamentary Caucus for Democracy in Myanmar, and later in the Asean Inter-Parliamentary Caucus for Democracy in Myanmar (AIPMC)."Dr Vijayaratnam's and his party's steadfast support to see democracy restored in Myanmar was instrumental in propelling the Malaysian government's position to be more vocal on this issue," she said.

Sunday, November 2, 2008

Najib wins Umno president uncontested


Deputy Prime Minister Najib Abdul Razak today won the Umno president post uncontested by virtue of being the only candidate having the necessary nominations from the party divisions to qualify for the election.
MCPXHe picked up his 134th nomination from the 191 Umno divisions this afternoon, ensuring that rival candidate Tengku Razaleigh Hamzah will not be able to get the 58 required to qualify for the contest.Razaleigh has only got one nomination so far after two-thirds of the divisions have met to make their nominations for key posts in the March party elections.The former party vice-president's sole nomination came yesterday from his own Gua Musang (Kelantan) division.Najib's 134th nomination came at 5.15pm from the Umno Batu Kawan (Penang) division.As at 8pm, Najib has garnered another four nominations giving him a total of 138 nominations.
Ali needs 7 more, Isa makes it to VP contest
Meanwhile, Melaka mentri besar Mohd Ali Rustam is one step closer to winning the right to contest against frontrunner Muhyiddin Yassin for deputy president.
Mohd Ali has 32 nominations so far and he needs another seven more to qualify for the contest, while Muhyiddin has notched up 78 nominations.Muhammad Muhd Taib, another candidate for the No 2 post, has 28 nominations. Like Mohd Ali, he needs 39 nominations to qualify.As for the three vice-president posts, Isa Samad has today joined five others in qualifying for the election.Isa has 21 nominations in the bag - one more than the 20 nominations needed to qualify.The five who have made it earlier are Hishammuddin Hussein (109 nominations), Ahmad Zahid Hamidi (79), Khaled Nordin (60), Shafie Apdal (57), and Syed Hamid Albar (24).Yet to qualify are Jamaluddin Jarjis (17), Rais Yatim (16), Abdul Rahim Tamby Chik (10), Shahidan Kassim (6), Mohamad Hassan (3), Musa Aman (2), Mohd Ali Rustam (1), Annuar Musa (1), Mohd Afifuddin Omar (1) and Halimah Sadique (1).Mukhriz Mahathir continues to lead in the nomination race for Umno Youth chief with 71 nominations. He is followed by Dr Mohd Khir Toyo (56) and Khairy Jamaluddin (51).
Umno divisions have up to Nov 9 to complete their meetings but an extension could be given to those which ask for more time. Division meetings are mostly held over the weekends.

HOTS SONGS

Jason Mraz Feat Colbie Caillat-Lucky
http://rapidshare.com/files/160140310/Jason_Mraz_Feat_Colbie_Caillat_-_Lucky.mp3.html

Secondhand Serenade-Fall For You
http://rapidshare.com/files/160140311/Secondhand_Serenade_-_Fall_For_You.mp3.html

Estranged-Masa
http://rapidshare.com/files/160140312/Estranged_-_Masa.mp3.html

Sheila On 7-Mudah Saja
http://rapidshare.com/files/160140313/Sheila_On_7_-_Mudah_Saja.mp3.html

Sixth Sense-Tanpa
http://rapidshare.com/files/160140314/Sixth_Sense_-_Tanpa.mp3.html

Thursday, October 30, 2008

BUTTERFINGERS

MERDEKA
http://rapidshare.com/files/159221726/08_-_merdeka.mp3.html

chinta
http://rapidshare.com/files/159221727/butterfingers_-_chinta.mp3.html

Kembali
http://rapidshare.com/files/159221728/Butterfingers_-_Kembali.mp3.html

maharani
http://rapidshare.com/files/159221729/butterfingers-maharani.mp3.html

Terus_Terang
http://rapidshare.com/files/159221730/butterfingers-Terus_Terang.mp3.html

Joget_Global
http://rapidshare.com/files/159221731/Joget_Global_-_Butterfingers.mp4.html

Abdul Razak Baginda acquitted

The Shah Alam High Court today acquitted political analyst Abdul Razak Baginda of abetting the alleged murder of Mongolian national Altantuya Shaariibuu.
MCPX
Justice Mohd Zaki Md Yasin ruled that the prosecution failed to prove a prima facie case against Abdul Razak.The court however ordered Chief Inspector Azilah Hadri, 32 and Corporal Sirul Azha Umar, 37, who are members of the Special Action Force (UTK), to enter their defence to the charge of murder.
Both decided to testify under oath. They will be taking the stand on Nov 10.
The prosecution is expected to file an appeal against Abdul Razak's acquittal.Altantuya was allegedly shot before her body was blown up with explosives two years ago.Azilah and Sirul are jointly charged with murdering Altantuya, 28, at a location between Lot 12843 and Lot 16735 in Mukim Bukit Raja, Selangor between 10am on Oct 19, 2006 and 1am the following day.Abdul Razak Baginda, 47, was charged with abetting them. He is a known confidante of Deputy Prime Minister Najib Abdul Razak, having worked on government arms procurement projects while the latter was defence minister.The prosecution closed its case against the trio on June 23 after 151 days of testimony from 84 witnesses.
An elated Abdul Razak left the court with his wife and daughter at about 10.10am.Refusing to address the journalists who cornered him, Abdul Razak merely said: "I just want to go home".The Shah Alam High Court today acquitted political analyst Abdul Razak Baginda of abetting the alleged murder of Mongolian national Altantuya Shaariibuu.
MCPX
Justice Mohd Zaki Md Yasin ruled that the prosecution failed to prove a prima facie case against Abdul Razak.The court however ordered Chief Inspector Azilah Hadri, 32 and Corporal Sirul Azha Umar, 37, who are members of the Special Action Force (UTK), to enter their defence to the charge of murder.
Both decided to testify under oath. They will be taking the stand on Nov 10.
The prosecution is expected to file an appeal against Abdul Razak's acquittal.Altantuya was allegedly shot before her body was blown up with explosives two years ago.Azilah and Sirul are jointly charged with murdering Altantuya, 28, at a location between Lot 12843 and Lot 16735 in Mukim Bukit Raja, Selangor between 10am on Oct 19, 2006 and 1am the following day.Abdul Razak Baginda, 47, was charged with abetting them. He is a known confidante of Deputy Prime Minister Najib Abdul Razak, having worked on government arms procurement projects while the latter was defence minister.The prosecution closed its case against the trio on June 23 after 151 days of testimony from 84 witnesses.
An elated Abdul Razak left the court with his wife and daughter at about 10.10am.Refusing to address the journalists who cornered him, Abdul Razak merely said: "I just want to go home".

Tuesday, October 28, 2008

Why we should invest in downturn market ?

In the wake of the turbulence of stock markets in recent months, unit trustinvestors may be tempted to either sell or buy. However, investors are advised toremain calm and practise dollar cost averaging with their long-term goals in view.When regional and global markets succumbed to panic selling in August 2007 and morerecently in January 2008, the severity and sharpness of the correction was largeenough to make unit trust investors ask themselves whether they should redeem now tostem further losses or buy more units at currently low prices. In fact, if theypractise dollar cost averaging, they need not concern themselves with these timingissues. Dollar cost averaging enables investors to automatically buy more units whenprices fall and fewer units when prices rise.It is especially during times of market volatility that individual investors shouldremain focused on their long-term investment goals and keep their emotions frominfluencing their investment decisions. A disciplined and methodical approach toinvesting is the key to long-term investment success.Unit trust investors are advised to buy and hold their investments for the medium tolong term. The buy-and-hold principle is based on the notion that a good investmentwill generate reasonably attractive returns over the medium to long term. This alsomeans that investors are able to distinguish between daily movements in the marketand the underlying long-term value of their investments. Professional fund managersbuy and hold for the medium to long term as they are prepared to wait patiently overseveral years for their investments to reach their intrinsic or fair values. For theunit trust investor, the 'buy-and-hold' strategy can also be applied by holding onto a well-selected unit trust fund over a period of at least three years.There are some investors who believe they can achieve superior returns by timing thepurchase and redemption of equity funds to profit from the stockmarket's short-termmovements. These investors are tempted to engage in timing the market especially inan environment where equity markets are volatile. Such investors who wish to makequick gains in the stock market by switching from one fund into another fund willoften be disappointed. Market timing strategies that are often recommended by'investment experts' have seldom been successful. This is because stock markets areinherently volatile and are impossible to predict with numerous factors, bothdomestic and foreign, affecting daily and weekly fluctuations in stock prices.Investors who wish to take a more active approach with their investments by timingthe market will expose themselves to many risks. In order to profit from themarket's short-term trends, the investor has to correctly predict the market's trendand its turning points.Without the appropriate skills to discern signals and time the entries and exits,the market timer may not only miss opportunities, but also potentially suffer theblow of rapid losses. Also with a higher frequency of fund switching, investors willhave to incur increased transaction costs.Investors who are concerned about market volatility are advised to practise dollarcost averaging as this strategy enables investors to focus on the long-terminvestment goal and not worry about the prevailing level of the market. Dollar costaveraging is simply investing a fixed amount of money in a financial asset (such asa unit trust fund) on a regular basis (monthly, quarterly, biannual) regardless ofthe market cycle. By investing a fixed amount on a regular basis, investors will buymore units when the market is lower and fewer units when the market is higher. Thisstrategy will produce a lower average cost of investment than the average marketprice over any given period.In addition, investors are also advised to rebalance their portfolios regularly atleast once a year to ensure that their portfolio allocation reflects theirinvestment objectives and risk profile. Thus if, as a result of an uptrend in stockprices, an investor's equity exposure has exceeded a level consistent with his risktolerance, he can trim a portion of the equity funds and switch into bond or moneymarket funds to rebalance the asset allocation accordingly. Maintaining a targetasset allocation reduces the risk that the portfolio becomes too concentrated in asingle asset class.In conclusion, unit trust investors should always focus on achieving their medium tolong-term investment goals. The practice of dollar cost averaging and regularportfolio rebalancing are effective tools that help investors remain focused on thelong term horizon and prevent them from over-reacting to short-term movements of thestockmarket.