tag:blogger.com,1999:blog-16264003691028288592024-03-05T19:07:47.379+08:00Bursa Malaysia (KLSE) Daily Info Edge ZoneMalaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia ShareUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1626400369102828859.post-49639687116246868642009-07-02T08:04:00.004+08:002009-07-02T09:08:45.992+08:00Valuecap assets grow to RM13.8b as at June 30 this year - Believe it or not!In a statement on 1 July at MalaysiaInsider, Valuecap said for the first six months of 2009, it generated an unaudited net profit of RM175 million on the back of RM341.7 million in revenue. <p>Its chief executive officer, Sharifatu Laila Syed Ali said the performance was extremely satisfactory considering that it was achieved under a volatile market environment. "It also builds on the company's strong performance where it generated total fund return of 71.7 per cent since its inception, while its prescribed benchmark comprising the returns of the Kuala Lumpur Composite Index (KLCI) and money market instruments only recorded 33.4 per cent over the same period," she said.</p><p>If you remember, as at the end of 2006, Valuecap’s investments were valued at RM4.8 billion. Since then, the stock market has lost 21 per cent of its value. If Valuecap’s investments have tracked the stock market, these could be worth RM3.8 billion at that time.<br /></p><p><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_Gepabi82OHI/SkwHqJXB7QI/AAAAAAAABdA/g8r3iyux5Cw/s1600-h/KNM2.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 180px; height: 100px;" src="http://4.bp.blogspot.com/_Gepabi82OHI/SkwHqJXB7QI/AAAAAAAABdA/g8r3iyux5Cw/s400/KNM2.bmp" alt="" id="BLOGGER_PHOTO_ID_5353662477685091586" border="0" /></a>Due to the 2008 crisis, ValueCap take loan 5.1b from EPF and the latest news is ValueCap assets grow to RM 13.8b but The Employees Provident Fund (EPF)’s investment income dropped 10.47 per cent to RM3.26 billion for the first quarter ended March 31, from RM3.64 billion recorded in the fourth quarter of 2008. Believe it or not Valuecap facing problem during crisis can make more profit that EPF.<br /></p><p>So far we did not know what share ValueCap invest in and EPF had in the market since the begining of the crisis and also earn profit during the bull run end out income dropped 10.47%. Where all the ValueCap profit will be cannal to will be unknow and how ValueCap make profit also unknow and now come another Ekuiti Nasional Bhd (Ekuinas) believe it or not? in Malaysia you need to believe it Malaysia Apa Pun Boleh.</p><p><span style="font-weight: bold;">Related Articles</span>:-<a href="http://malaysiainfoedgezone.blogspot.com/2008/11/epf-to-lend-rm5-billion-to-valuecap-is.html"><span style="font-weight: bold;"><br /></span></a></p><ul><li><a href="http://malaysiainfoedgezone.blogspot.com/2008/11/epf-to-lend-rm5-billion-to-valuecap-is.html"><span style="font-weight: bold;"></span>EPF to lend RM5 billion to Valuecap is to invest in the stock market or pay his debt</a></li></ul>Unknownnoreply@blogger.com3