Smart bird!
June 14, 2010
Elvis-My Way
Amazing Grace!
Elvis Oldies yet Goodies!
Suspicious Minds
Elvis' weddings photographs through the song, 'You Were Always On My Mind'.
Lonesome no more with Elvis.
My first memorable song from Elvis! 'Return to Sender'
'The Wonder of You' - Elvis at his best!
Wooden Heart, we all ain't!
Elvis Oldies yet Goodies!
Suspicious Minds
Elvis' weddings photographs through the song, 'You Were Always On My Mind'.
Lonesome no more with Elvis.
My first memorable song from Elvis! 'Return to Sender'
'The Wonder of You' - Elvis at his best!
Wooden Heart, we all ain't!
Engelbert - Suave and Sizzling!
Definitely not the 'Last Walz'
'Love Me with All of Your Heart', pleads Engelbert, in full verbal compassion.
Engelbert songraphy through the mezmerising, " Eternally".
Engelbert sings Stranger in Paradise. Enjoy!
'Love Me with All of Your Heart', pleads Engelbert, in full verbal compassion.
Engelbert songraphy through the mezmerising, " Eternally".
Engelbert sings Stranger in Paradise. Enjoy!
EPF : Becoming Relevant
The list of critical illnesses had been expanded from 13 to 36, EPF chief exeutive officer Tan Sri Azlan Zainol said in a statement today.
"The new expanded list takes into consideration the significant costs required in treating these critical illnesses, and is aimed at helping members fully settle or help ease their financial burden of seeking treatment," he added.
Members can now withdraw their savings also for Alzheimer's Disease, Parkinson's Disease, chronic liver and lung diseases, Systemic Lupus Erythematosus (SLE) with Lupus Nephritis and paralysis.
Azlan said that for withdrawals to treat family members who are under the age of 16, joint withdrawal could be made with other family members to cover the required medical expenses subject to the balance in Account 2 and total cost of treatment.
Family members include spouse, children, stepchildren or legally adopted children, parents, parents-in-law, step parents or legally foster parents and siblings.
All withdrawals are subjected to the validity of medical report, bills and receipts which must not exceed one year from the date the withdrawal application is submitted.
All bills and receipts must also be in the name of the patient or applicant.
Withdrawals are not allowed for illnesses outside the approved list or when the cost of medical treatment is fully covered by the respective member's employer or the employer of his or her family members.
Those receiving fertility treatments or alternative treatments such as acupuncture or traditional medication are also not entitled.
The 36 critical illnesses are aplastic anaemia, appalic syndrome, Alzheimer's Disease, benign tumour of the brain, blindness, cancer,
cardiomyopathy, chronic liver disease, chronic lung disease, coma, coronary artery disease, deafness, encephalitis, fulminant viral hepatitis, heart attack, heart valve replacement, kidney failure, loss of independent existence, loss of speech, major burns, major head trauma, major organ transplant, medullary Cystic disease, meningitis, motor neurone disease, multiple sclerosis, muscular dystrophy, paralysis, Parkinson's disease, poliomyelitis, primary pulmonary, stroke, surgery to aorta, systemic lupus erythematosus with lupus nephritis, terminal illness and total permanent disability.
I think the EPF is becoming more relevant!
Genting: Now It's the USA!
Gentings is now looking for investments in the U.S.
Justin Leong, the investment head chief at Gentings said that “Genting Malaysia is aggressively searching for opportunities to invest in the U.S. casino gaming market.” He indicated that the strategy is towards building a US presence.
Armed with $1.7 billion in cash and debt free, Genting Malaysia is seeking acquisitions , new markets and potentially a strategic partnership in the U.S.
Earlier this month, it also bid to develop a slots casino at Aqueduct Racetrack in New York City.
It's foray into the US started with it buying MGM Mirage bonds.
The company bought MGM Mirage ’s secured bonds in May 2009 when the Las Vegas Strip’s biggest casino owner raised cash to avoid a potential bankruptcy. Genting Malaysia has invested in every capital issue by Las Vegas-based MGM since its first foray into the U.S. casino market. Apparently that relationship will continue.
Genting Malaysia is also looking at developments and new gambling jurisdictions opening in the U.S.
The bid for Aqueduct “is another step.”
Kerkorian’s Stake
The investments include $100 million of bonds secured by MGM’s Bellagio and Mirage properties in Las Vegas, 9 percent notes tied to MGM Grand and MGM Mirage’s recently issued convertible senior notes.
Kirk Kerkorian , who founded MGM Mirage and is its biggest shareholder, said in October that his Tracinda Corp. is exploring “strategic alternatives” for its 37 percent stake.
The investor, 93, said in regulatory filings that MGM Mirage is undervalued and he is open to proposals.
Leong wouldn’t elaborate on Genting’s interest or say whether there have been talks with Kerkorian, whose stake in MGM Mirage is valued at $1.9 billion.
The shares rose 14 cents to $11.60 on June 11 in New York Stock Exchange composite trading and have gained 27 percent this year. Winnie Lerner , an outside spokeswoman for Tracinda, and Alan Feldman , a spokesman for MGM Mirage, declined to comment.
MGM Mirage and partner Pansy Ho hold one of the six casino licenses in Macau, the southern Chinese city that is the world’s largest gambling hub. Ho is the daughter of Macau casino billionaire Stanley Ho .
‘Faster, Sooner’ revenue from the Malaysian casino, a gambling monopoly held for almost four decades, helped build the Genting Bhd. empire that includes hotels, Star Cruises and Norwegian Cruise Lines, power generators and palm oil plantations.
In February, a Genting affiliate opened Singapore’s first casino, a $4.7 billion resort with a Universal Studios theme park , adding to the group’s Resorts World casinos in Malaysia’s highlands and the Philippines capital of Manila.
Genting also is the biggest casino owner in the U.K., operating under the Circus, Maxims and Mint brands.
There is competition for deals in Las Vegas as the city recovers from its worst economic slump on record.
Hedge fund billionaire John Paulson is acquiring a 9.9 percent stake in Harrah’s Entertainment Inc. In May, his New York-based Paulson & Co. said it owned 9.1 percent of MGM Mirage and 4.6 percent of Boyd Gaming Corp.
Genting Malaysia has held investment talks with large U.S. casino companies since December 2008, Leong said, declining to specify them. “I wish I had worked faster and done something sooner,” Leong said.
Leong, a nephew of Genting Chairman and Chief Executive Officer Lim Kok Thay and grandson of founder Lim Goh Tong , joined the family company in September 2004 after about four years at Goldman Sachs Group Inc.
Aqueduct Auction Genting is one of six potential bidders vying to renovate Aqueduct Racetrack and operate a slot machine-style “racino” with 4,500 video-lottery terminals in Queens. The latest round of proposals, which require a minimum $300 million up front, are due June 29. The family’s closely held Kien Huat Realty previously invested in three U.S. casino ventures, and last month partnered with the Mashpee Wampanoag Tribe to finance a proposed casino resort in Massachusetts.
In the early 1990s, Kien Huat financed the Foxwoods Resort & Casino in Connecticut, whose tribal owners defaulted on about $2.5 billion of debt last year, and the Seneca Niagara Casino in New York. In August, Kien Huat paid $55 million for 50 percent of Empire Resorts Inc. , owner of the Monticello Casino & Raceway in Monticello, New York, helping Empire to restructure some debt.
So,where do you think Gentings is heading? They have tentacles all over the world, so it seems!
Justin Leong, the investment head chief at Gentings said that “Genting Malaysia is aggressively searching for opportunities to invest in the U.S. casino gaming market.” He indicated that the strategy is towards building a US presence.
Armed with $1.7 billion in cash and debt free, Genting Malaysia is seeking acquisitions , new markets and potentially a strategic partnership in the U.S.
Earlier this month, it also bid to develop a slots casino at Aqueduct Racetrack in New York City.
It's foray into the US started with it buying MGM Mirage bonds.
The company bought MGM Mirage ’s secured bonds in May 2009 when the Las Vegas Strip’s biggest casino owner raised cash to avoid a potential bankruptcy. Genting Malaysia has invested in every capital issue by Las Vegas-based MGM since its first foray into the U.S. casino market. Apparently that relationship will continue.
Genting Malaysia is also looking at developments and new gambling jurisdictions opening in the U.S.
The bid for Aqueduct “is another step.”
Kerkorian’s Stake
The investments include $100 million of bonds secured by MGM’s Bellagio and Mirage properties in Las Vegas, 9 percent notes tied to MGM Grand and MGM Mirage’s recently issued convertible senior notes.
Kirk Kerkorian , who founded MGM Mirage and is its biggest shareholder, said in October that his Tracinda Corp. is exploring “strategic alternatives” for its 37 percent stake.
The investor, 93, said in regulatory filings that MGM Mirage is undervalued and he is open to proposals.
Leong wouldn’t elaborate on Genting’s interest or say whether there have been talks with Kerkorian, whose stake in MGM Mirage is valued at $1.9 billion.
The shares rose 14 cents to $11.60 on June 11 in New York Stock Exchange composite trading and have gained 27 percent this year. Winnie Lerner , an outside spokeswoman for Tracinda, and Alan Feldman , a spokesman for MGM Mirage, declined to comment.
MGM Mirage and partner Pansy Ho hold one of the six casino licenses in Macau, the southern Chinese city that is the world’s largest gambling hub. Ho is the daughter of Macau casino billionaire Stanley Ho .
‘Faster, Sooner’ revenue from the Malaysian casino, a gambling monopoly held for almost four decades, helped build the Genting Bhd. empire that includes hotels, Star Cruises and Norwegian Cruise Lines, power generators and palm oil plantations.
In February, a Genting affiliate opened Singapore’s first casino, a $4.7 billion resort with a Universal Studios theme park , adding to the group’s Resorts World casinos in Malaysia’s highlands and the Philippines capital of Manila.
Genting also is the biggest casino owner in the U.K., operating under the Circus, Maxims and Mint brands.
There is competition for deals in Las Vegas as the city recovers from its worst economic slump on record.
Hedge fund billionaire John Paulson is acquiring a 9.9 percent stake in Harrah’s Entertainment Inc. In May, his New York-based Paulson & Co. said it owned 9.1 percent of MGM Mirage and 4.6 percent of Boyd Gaming Corp.
Genting Malaysia has held investment talks with large U.S. casino companies since December 2008, Leong said, declining to specify them. “I wish I had worked faster and done something sooner,” Leong said.
Leong, a nephew of Genting Chairman and Chief Executive Officer Lim Kok Thay and grandson of founder Lim Goh Tong , joined the family company in September 2004 after about four years at Goldman Sachs Group Inc.
Aqueduct Auction Genting is one of six potential bidders vying to renovate Aqueduct Racetrack and operate a slot machine-style “racino” with 4,500 video-lottery terminals in Queens. The latest round of proposals, which require a minimum $300 million up front, are due June 29. The family’s closely held Kien Huat Realty previously invested in three U.S. casino ventures, and last month partnered with the Mashpee Wampanoag Tribe to finance a proposed casino resort in Massachusetts.
In the early 1990s, Kien Huat financed the Foxwoods Resort & Casino in Connecticut, whose tribal owners defaulted on about $2.5 billion of debt last year, and the Seneca Niagara Casino in New York. In August, Kien Huat paid $55 million for 50 percent of Empire Resorts Inc. , owner of the Monticello Casino & Raceway in Monticello, New York, helping Empire to restructure some debt.
So,where do you think Gentings is heading? They have tentacles all over the world, so it seems!
Nipple Power!
That is the USD 64,000 question.
Apparently, while doling out autographs, beauty queen Lara Dutta's low cut evening dress decided to go its own way. The strap gave way and revealed more than her bra. Some said they saw a nice nipple peeping out in public.
Flip,Flop and Flip Again!
This is definitely a first.
Flip-flop-and then flip back again!
So, it was not a double u-turn as originally thought of.
Know what I am referring to?
Yes, the ban on the 12 stick cigarette in the so-called 'kiddy-pack' box.
Sadly , the Health Ministry today confirmed that enforcement of the small pack has yet to begun though the ban took place on June 2nd.
Why are cigarette companies not taking this ban seriously?
Oh, yes, our Rokok Minister says that instructions have been issued but cigarette companies say that they have yet to receive those directives. So, who is playing poker here?
First, our Rokok Minister says it will be enforced in a few months, very likely in January 2011. Then he was railroaded by the imperial Cabinet to start the ban on June 1st. It must have embarrassed the Cabinet no end to know that Rokok Minister has yet to enforce the ban! What is Rokok Minister up to?
This flip-flopping has also invited the ire of Philip Morris which intends to sue the Malaysian government for revenue loss.
Tobacco firms, in obeying with the ministry’s directive issued in December last year, had stopped producing 14-stick packs to keep with the June 1 deadline.
The small packet ban has already been deferred thrice — first in 2005, then in 2006, and most recently, in May of this year.
The government, under Prime Minister Datuk Seri Najib Razak’s administration, has come under fire for indecisiveness in the execution of its policies, with critics even dubbing the nation’s premier as “the father of all flip-floppers”.
Other policies recently reversed by the government include the implementation of the Goods and Services Tax and the two-tiered fuel subsidy mechanism.
In Malaysia Semua Boleh, what else is new?
Flip-flop-and then flip back again!
So, it was not a double u-turn as originally thought of.
Know what I am referring to?
Yes, the ban on the 12 stick cigarette in the so-called 'kiddy-pack' box.
Sadly , the Health Ministry today confirmed that enforcement of the small pack has yet to begun though the ban took place on June 2nd.
Why are cigarette companies not taking this ban seriously?
Oh, yes, our Rokok Minister says that instructions have been issued but cigarette companies say that they have yet to receive those directives. So, who is playing poker here?
First, our Rokok Minister says it will be enforced in a few months, very likely in January 2011. Then he was railroaded by the imperial Cabinet to start the ban on June 1st. It must have embarrassed the Cabinet no end to know that Rokok Minister has yet to enforce the ban! What is Rokok Minister up to?
This flip-flopping has also invited the ire of Philip Morris which intends to sue the Malaysian government for revenue loss.
Tobacco firms, in obeying with the ministry’s directive issued in December last year, had stopped producing 14-stick packs to keep with the June 1 deadline.
The small packet ban has already been deferred thrice — first in 2005, then in 2006, and most recently, in May of this year.
The government, under Prime Minister Datuk Seri Najib Razak’s administration, has come under fire for indecisiveness in the execution of its policies, with critics even dubbing the nation’s premier as “the father of all flip-floppers”.
Other policies recently reversed by the government include the implementation of the Goods and Services Tax and the two-tiered fuel subsidy mechanism.
In Malaysia Semua Boleh, what else is new?
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