It was a fine Friday afternoon on June 8, 2012 but Afiq Firash was still startled by the 18th birthday gift that he received from his mother last night. It was a saving account book of Tabung Haji showing a balance of RM25,000 and a brief note “Happy birthday sweetheart. Treat the money well and it might even pay for your degree” written on the birthday card. To Afiq Firash, this message is a clear indication that his mother had agreed to let him pursue a minor-degree in Islamic Financial Engineering (IFE) in a prestigious university in UK. He had already secured a scholarship for an Accounting degree at the same University, but scholarship would not cover the additional tuition fees and living costs of his 1 year stay at the university to attain the minor degree in IFE. He estimated that it would involve an additional cost of RM40,000.
HOW WOULD THE MONEY GROW?
Not knowing how exactly he should grow the money, Afiq Firash contacted his cousin (Rauf) who is an engineer with an oil and gas company in Sabah for advice. Without hesitation, Rauf suggested an IPO (initial public offering) of Felda Global Venture Holdings (FGVH), which wass already opened for subscription since 31 May 2012. Right after the phone call, Rauf sent emails on some information about the company that he had collected for his own use. He told Afiq Firsah that he had submitted a subscription for 10,000 units under his own account and 5,000 more on his wife’s. ATTACHMENTS FROM RAUF’S EMAILS
The Essay on Value of a university degree
?Even after many years of deep recession, an economy is still recovering and job market is still narrow. Because of this, job seekers mainly teenagers and school leavers, are realizing the value and importance of a university degree. In addition, with large pool of job seekers, having the university degree plays an important role in job application since this is the first attribute that an ...
Prospects in oil palm Industry a Case Study of Malay Independent Smallholders in Kuala Langat">palm oil Industry
The oil palm tree, also known by its scientific name Elaeis guineensis, is a type of tropical plant that bears oil palm fruits. Each oil palm fruit comprises a hard shell known as the endocarp, a fibrous oil-bearing outer layer known as the mesocarp, and a single seed (nut) or kernel which is rich in oil. Oil palm fruits grow in bunches known as fresh fruit bunches (FFBs), and are crushed, fractionated and refined to produce two types of oils: palm oil and palm kernel oil (PKO).
Palm oil (obtained from the mesocarp) and PKO (obtained from the kernel) have different chemical properties, and are utilized in a wide variety of food and non-food applications.
Throughout the years 2007 to May 2012 (Figure 1), average annual world prices of CPO and CPKO have largely moved in tandem with one another, with CPO recording the lowest prices at RM1,553 per ton in August 2008 during the 6-year period being observed. From there, the palm oil price gradually increased until it reached highest price at RM3,801 per ton in February 2001. After that, the price drops again before it gradually increases after September 2011. Generally, CPO and CKPO prices are influenced by the availability of supply which is affected by factors including replanting patterns, weather conditions as well as pest and crop diseases. Additionally, the market forces plays their role, namely economic conditions, changes in regulatory conditions as well as pricing and availability of other types of substitute vegetable oils. These factors cause prices of CPO and CPKO to exhibit a cyclical growth trend historically.
The Research paper on Economic Analysis of Oil Palm Industry a Case Study of Malay Independent Smallholders in Kuala Langat
... CPO CSPO RSPO PODC NC3R s Kampung hectare Fresh Fruit Bunch Technical efficiency kilogram Crude Palm Oil Certified Sustainable Palm Oil Roundtable Sustainable Palm Oil Palm Oil ... the few geographic regions where the conditions are ideal for oil palm trees to prosper. Perhaps most importantly, ... repayment rates that take account of prevailing oil palm prices. In addition, they should promote high value ...
