Friday, July 26, 2019

Chinese Dessert Tong Sui @ Pudu

This tong sui stall still manages to draw customers although situated in a maze of shoplots in Pudu. Known as King of Chima Wu (sesame paste), this stall doesn't take your money if it doesn't satisfy you.

Tong sui time!
Upon arrival, I was greeted by a delightful sight of cauldrons containing thick liquid. My eyes were excited capturing quaint details of the store.

Cauldrons of desserts
While I paused to digest the menu, I caught a glimpse of bowls of pastes with lovely patterns being dished out, just like coffee art. Watching the master deftly creating the patterns with swift whips here and there was quite satisfying.

Price of desserts
Taste wise, sugar was used in moderation but the pastes were a little too starchy that the original flavours were overshadowed. Perhaps that sort of consistency is needed for dessert art to be created? Nonetheless, the winner among the flavours I tried was the almond paste.

Dessert art
This shop is still worth a visit as the restaurant is decorated with time-honoured things, bringing me back 2 generations ago. While treating the tastebuds, my eyes feasted on their fancy displays. CNY songs that were plated non-stop did give a very merry ambience and threw me off track of the time of the year. While having your dessert, absorb words of virtues that are placed at corners of the eatery.

Moral teachings pasted at every corner
Old stone grinders still used. No electricity needed.

#tongsui #pudu #rubyrestaurant #chimawu #almondpaste #peanutpaste #walnutpaste #kingofchimawu #dessert #chinesedessert


Tuesday, July 16, 2019

Mua Chi @ Petaling Street

I was craving for a nutty snack and 'mua chi' came to mind. What else can be nuttier than glutinous rice balls burried in ground peanuts!

Mdm Tang the Mua Chi Queen
So my craving took me to Petaling Street, searching for the Mua Chi Queen. The perennial stall, hollering 'yat lau' (best) from a recorder, has defined Petaling Street's very existance. However, Mdm Tang is not letting familiarity breed contempt.

Interesting flavours- Ribena, lychee, mango
Take a closer look at you will find a delightful range of mua chi flavours. Ribena, lychee and mango are the contemporary flavours introduced by Mdm Tang. The flavours permeate through every bite of the sticky cake. The chewy cake itself is not too starchy and has the right biteability. For only RM5 per packet, exhume bits of this tasty snack while you walk amidst the vibrance of Petaling Street.


The stall that has defined Chinatown
Biteable morsels covered in ground peanuts
What do you do with the leftover peanuts. Pour them into your mouth of course!

#muachi #petalingstreet #chinatown #ribena #lychee #mango #foodie#snack #peanut #nuttysnack #nutty #streetfood #Delicious #yummy#foodblogger #malaysianfoodblogger #jalanjalancarimakan #tasty



Low-cost Flat Residents Receive Free Upgrade of New Condominium Homes by Upper Label

Residents of Taman Segar low cost flats must be pinching themselves for the windfall that they have just landed on. Their lives are about to change as their 500 sqft staircased flat home will be replaced with a 900 sqft, elevator-facilitated condominium unit each. Other than that, they will also enjoy serviced swimming pool and gym. If I knew this luck would befall on these flat dwellers, I would have asked my parents to purchase a unit 40 years ago.

Low-cost flats of Taman Segar will be replaced with a new condominium
On a more serious note, from what was heard over the grapevines, the 2-room low-cost flat units barely have enough allocation for proper dining space, forcing the dwellers to have their meals at the living hall. As most of the residents here age with their homes, climbing the stairs everyday will not be so safe for them. Most parts of the buildings are also beyond economical repair.

Taman Segar Flats has been dilapidated by time
Implemented within the next three years, Taman Segar Flats will be replaced with Segar Residences where houses are pegged at RM300,000 each. While over 300 units will be given to the residence as CSR, the rest of the units will be open for sale to public. 

This project will be developed without the involvement of any subsidy from the government and this Program Rumah Wilayah is proof that there can be cohesive collaboration between the government and the private sector without the need for government subsidies and developed with massive savings to assure affordable rates for community residents, according to Chin Ke Liang, Project Director of Upper Label Sdn Bhd.

Model of the new Segar Residences taking over the flats
Each 900sf ft unit is built with views of Kuala Lumpur City, full facilities including an infinity pool, all enveloped in a low-density project that is built on prime land in Cheras. Easily accessible via various major highways and byways, this project is walking distance to the Mutiara MRT as well as to Leisure Mall.
Model of a 900 sqft unit
Residence attending the event
YB Tuan Haji Khalid Abdul Samad, Minister of Federal Territories, viewing the model of Segar Residences
YB Tuan Haji Khalid Abdul Samad arriving to witness the handover ceremony
YB Tuan Haji Khalid Abdul Samad saying that cooperation between developers and government to upgrade lives of the people is encouraged
YB Tuan Haji Khalid Abdul Samad was present to grace the signing of the agreement. He also stated that they will do an in-depth study to iron out concerns on the project. 

Handover agreements signed by both parties
Residence who received their new homes
This CSR is in line with the government’s promise to deliver one million units of affordable houses within 10-years, in its manifesto. With over 20 years of industry excellence and successful project launches that include Residensi Pandanmas 2, a RUMAWIP project that was delivered 10 months ahead of schedule; Upper Label Sdn Bhd and Sri Binaraya Sdn Bhd are yet on the mission to change the lives of 1200 residents at Taman Segar, Cheras. Among the other successful projects under Sri Binaraya Sdn Bhd include Holmes 2, a four- block condominium consisting 1814 units at Bandar Tun Razak; East Parc @ Menjalara, which are serviced apartments at Bandar Menjalara; Inspirasi Mont Kiara, two blocks of 44- storey serviced apartments at Mont Kiara; as well as The Clio 2 Residences which is three blocks of serviced apartments consisting of 550 units at Dengkil, Putrajaya amongst others.

For more information, pls call 09-9133 8333/ 03-91337070 or email :upperlabel.info@gmail.com

About Upper Label

The parent company of Upper Label Sdn Bhd, Sri Binaraya Sdn Bhd was established in 1980. It is a Class ‘A’ Contractor and a CIDB Grade 7 registered company which undertakes construction projects for commercial and residential buildings, roadworks, bridges and water reticulation. The company is a wholly owned subsidiary of Sri Binaraya Holdings Sdn. Bhd. Upper Label is also a MS ISO 9001:2008 Quality Management Systems certified company. The company's objective is to establish a sustainable and continually improving construction company.
Quality, safety and efficiency are our top priorities in the planning and execution of their projects. To provide quality services, Sri Binaraya is well equipped with a large fleet of plants and machinery, and a skilled and experienced workforce. 



Wednesday, July 3, 2019

Digital Investment Management with MYTHEO

When young, saving is our first lesson to managing money. As we grow older, observation tells us that saving alone cannot really cope with growing our money at the rate that we need it to. Experts believe that most of us still won't have enough savings to retire comfortably.

Are you ready for your retirement?
For those who have figured that investing is a better way to grow wealth, you would also have learnt that it requires a lot of trials and tribulations. Not forgetting, a substantial starting capital on top of the risk of betting on the right wealth manager.

Resources for a better life
When I heard of MYTHEO, it did not take much to catch my attention as I, like other people, am on search mode of the right investment so that I can embark on a worry-free retirement.

MYTHEO is a digital investment manager that does the work for clients using investment strategies with a proven track record helping over 60,000 Japanese investors grow their health. That is over 300 million USD of assets under management. This fintech service powered by AI, provides users a professional digital investment management service at affordable costs available to all Malaysians.

Silverlake Digital INX Sdn Bhd (a member of Silverlake Group) 

collaborates with 

Japanese Money Design Co., Ltd. (Japanese Fintech)

to bring

MYTHEO
(digital investment management service licensed by the Securities Commission Malaysia)
via a joint-venture company called GAX MD Sdn. Bhd.

L-R: Ms. Cassandra Goh  Director, GAX MD Sdn Bhd; Mr. Ryoichi Yamabe, Director, GAX MD Sdn Bhd; Tan Sri Dato’ Dr. Mohd Munir bin Abdul Majid, Chairman, GAX MD Sdn Bhd; Mr. Ronnie Tan, Chief Executive Officer of GAX MD Sdn Bhd; Mr. Tomoyoshi Hirose, Co-founder and Vice Chairman of Money Design Co., Ltd.; Mr. Goh Peng Ooi, Founder and Chairman of Silverlake Group; Mr. Ho Seng Yee, Executive Director, GAX MD Sdn Bhd; and Mr. Matthew Stuart-Box, Head of Investment Platform of Money Design Co., Ltd. & COO, GAX MD Sdn Bhd at MYTHEO’s official launch event
MYTHEO offers those in Malaysia, a personalised and professional digital investment management service via their web and mobile platforms with a starting commitment of RM500. This fintech service uses a proprietary algorithm developed by Money Design with Kyoto University, Japan which generates optimised portfolios of each investor based on their profile, individual income and risk appetite.

Launching of MYTHEO, a platform for Malaysians to venture into digital investment
The Malaysian market which displays an openness to innovation, holds great potential for the fintech industry. MYTHEO aims to promote financial literacy and inclusiveness especially in the millennial segment, thanks to its user-friendly process and affordability.

Each ETF selected for its different qualities to diversify portfolio and disperse risk
The simplicity of MYTHEO starts from analysing the needs of the client and then works backwards to build the optimal portfolio. MYTHEO has been developed to be a customer-centric service – a personalised portfolio can be created for the user through the answers to five questions in the span of 3-4 minutes. The innovative technology includes a seamless digital customer on boarding experience, e-payment capabilities, biometric recognition, voice activation commands, chatbot and big data analysis.
The algorithm that drives MYTHEO's logical investment reasoning is based on research behind 2 Nobel prizes
“Upon analysing the needs of the client, a personalised investment strategy basing on three functional portfolios of Growth, Income, Inflation Hedge is automatically created. By combining these functional portfolios, MYTHEO can develop an optimised portfolio consisting of multiple exchange-traded funds (ETFs) with global exposures and multiple asset classes that are listed in U.S. stock exchanges. Users can even customise their own portfolio if they choose to,” added Ronnie Tan, CEO of GAX MD Sdn. Bhd.

MYTHEO combining AI and research
Using ‘AI Assist’, the algorithm analyses market sentiments from global news and market data towards sound investment risk control and solutions. MYTHEO will also automatically rebalance and optimise the users’ investment portfolio through a proprietary algorithm developed with cutting edge financial technology. To ensure customer’s protection, security and minimise service disruption, the digital investment platform infrastructure is hosted in a highly secured Tier 3 verified Data-centre.

GAX MD, a joint-venture company between Japanese fintech, Money Design Co. Ltd. and Silverlake Digital INX Sdn. Bhd.
In 2016, Money Design pioneered the very first robo-advisory service – ‘THEO’ in Japan, under the regulation of the Japan Financial Services Agency. Money Design was founded by experienced investment professionals (formerly from BlackRock, Nomura and other financial MNCs). “Today, over 60,000 Japanese investors benefit from this service, which manages more than USD300 million in total assets,” shared Tomoyoshi Hirose, Co-founder and Vice Chairman of Money Design Co. Ltd.

The Silverlake Group, one of the largest and most successful IT solutions providers in Asia, is recognised as a digital innovation leader with over 30 years of experience and significant contributions to solution innovations for their clients in the financial, capital market, fund management, digital payment and digital economy.

GAX MD’s goal is to provide users with global diversification and investment management services with MYTHEO, while making it widely available to local retail investors. This fintech drive resonates with two of the new pillars championed by the government in the mid-term review of the 11th Malaysia Plan, namely ‘Enhancing Inclusive Development and Wellbeing’ and ‘Strengthening Economic Growth’. Malaysia is an attractive market with a relatively young and tech-savvy population. Those aged between 22-40 make up 29% of the nation’s population.

Balancing investment of time and capital to make the best returns
“While they maximise every precious moment at work and play, this digital solution provides ease of mind by helping users manage the nitty-gritties of investment in a data-driven manner. Hence MYTHEO’s value proposition, ‘Invest In A Moment’ is poised to change the way Malaysians think about investing and life savings,” said Ronnie Tan, Chief Executive Officer of GAX MD Sdn Bhd at the launch.

MYTHEO digital investment
 The investors’ money and assets are held by its custodian, Malaysian Trustees Berhad (a subsidiary of RHB Bank Bhd. and an independent trustee licensed by the Securities Commission Malaysia) who is responsible for the custody services.

MYTHEO is named after the famous painter Vincent Van Gogh’s brother, Theo. Vincent was a gifted artist with a knack for not selling his paintings. But fortunately, he had a caring and business-savvy brother, Theo who helped to manage the finances, to act as a pillar of strength and to provide him the necessary encouragement and moral support .
For more information, please email enquiry@gaxmd.com or visit www.mytheo.my and www.gaxmd.com