Dear Esteemed Investors,
I am delighted to share significant news regarding Radstone Capital Partners Limited, a licensed offshore British-Australian Fund Manager & Investment Advisor.
It is with great pleasure that I announce our recent acquisition of a stake in Insha Holdings Berhad. This strategic partnership marks a pivotal moment in our journey, enhancing our offerings to clients globally seeking Ringgit denominated investment exposure underpinned by a robust ethical framework ensured by
Insha’s Shariah compliance.
Under the stewardship of Radstone’s Chairman and Chief Executive Officer, Ramesh Kana, a seasoned veteran in international corporate finance and strategy, we are committed to delivering unparalleled investment opportunities with steadfast reliability. I am proud to share that Insha Holdings Berhad is on track
to make its 5th consecutive dividend payment, on target and on time, a testament to its unwavering performance and dedication to shareholder value.
Looking ahead, I am excited to announce the imminent launch of a high-yielding Australian dollar fund in the first quarter of 2024 (Radstone Asia High Yield Fund #1), driven by burgeoning investor interest in the Oceania region. This endeavor exemplifies our proactive approach to identifying and capitalizing on emerging
market trends to deliver superior returns for our valued investors.
I am thrilled to share news of Insha’s 2023 collaboration in co-founding a life sciences investment company in Sydney, Australia, alongside respected private equity firms in Australia – Transocean Group and Investor Lend. This investment company is now poised for a listing on the National Stock Exchange in Australia by July this year, marking a significant milestone in our collective journey towards sustained growth and value creation. We will be reaching out to investors and clients alike who wish to participate in this offering with final allocations by the middle of March 2024.
At this juncture, I am honored to introduce Radstone Climate Solutions (RCS), a division dedicated to addressing the pressing challenges of climate change. We are privileged to welcome Frank Joshua, a distinguished United Nations veteran and trailblazer in the realm of carbon credits. Frank will lead RCS and has relocated from Spain to Kuala Lumpur. Frank’s illustrious career included stints with the United Nations in New York and Geneva, co-founding the International Emissions Trading Association and serving as its inaugural Executive Director, Global Director for Carbon Trading at Arthur Andersen (London) and Managing Director at Natsource-Tullett Europe (London). RCS underscores our commitment to driving impactful forestry and mangrove conservation and restoration projects across Southeast Asia.
In conclusion, the entire team at Radstone is deeply grateful for the unwavering support of our stakeholders as we embark on this transformative journey. With a steadfast commitment to excellence, integrity, and innovation, we are poised for many more years of resounding success, delivering the highest calibre of service, advice, and investment opportunities to our esteemed investors.
Thank you for your continued trust and partnership.
Ramesh Kana
Chairman and Chief Executive Officer
Radstone Capital Partners Limited
Corporate Update @ 24th October 2023,
It is with great pleasure, as we celebrate yet another successful half-year period at Insha Holdings Berhad (“Insha”), that I am pleased to announce our half-yearly dividend distribution of 5% has once again met our targeted goals.
This marks our 4th consecutive payout at an annualized rate of 10%.
| Declaration of Dividend | Date Paid |
|---|---|
| 31st March 2022 | 11th April 2022 |
| 30th September 2022 | 11th October 2022 |
| 31st March 2023 | 15th April 2023 |
| 30th September 2023 | 13th October 2023 |
This achievement would not have been possible without your trust and unwavering support, for which I am sincerely grateful.
In the past six months, we have witnessed remarkable developments that have not only enhanced the value of your investments but also opened new avenues of growth and prosperity for Insha.
Some of the key highlights of this period include our:-
Medical Technology Acceleration Service (MTAS):
One of our proudest achievements has been our collaboration with Transocean Securities and Investor Lend, both based in Australia, to launch a medical technology fund. This fund swiftly acquired a strategic position in Opum Limited, a pioneering New Zealand-based company. Opum Limited has developed an AI-driven orthopaedic brace accessory that transmits real-time data to doctors, revolutionizing the accuracy of treatment plans and corrective actions.
We anticipate substantial value growth in the coming year, culminating in a significant liquidity event. The potential of this investment is truly exciting and showcases our commitment to identifying and participating in groundbreaking innovations in the medical technology sector.
Private Credit Business:
Our private credit business has been a standout performer, significantly contributing to our earnings and providing us with high liquidity. This successful venture has reinforced our financial stability and positioned us for future growth and expansion. We continue to explore opportunities in this space to further diversify and strengthen our portfolio.
Radstone Capital Partners Limited (RCP):
The most significant development of the past six months is the introduction of Radstone Capital Partners Limited (RCP). RCP is a reputable British-Australian Fund Manager that has taken over the management and investment advisory of Insha. I am honoured to announce that I have been appointed as the Chief Executive Officer of RCP while retaining my role as the Managing Director of Insha. RCP specializes in private equity investments, and Insha will serve as its Malaysian, Ringgit-denominated, Shariah-compliant offering.
We are thrilled about this partnership as it provides our investors with a higher degree of compliance and regulation, along with access to previously unavailable opportunities. This partnership also enables us to offer you direct participation in investments with varying risk and return profiles as they arise.
We are actively expanding our presence in Australia to meet the strong demand, primarily from the Malaysian diaspora, for Ringgit-denominated investments.
Insha Holdings Berhad’s journey over the past six months has been marked by unprecedented growth, promising opportunities, and unwavering dedication from our team.
As we move forward, I am confident that our continued commitment to excellence will pave the way for another successful year ahead.
In conclusion, I want to express my heartfelt gratitude to each one of you, our valued investors. Your trust, support, and belief in our vision have been the driving force behind our achievements.
The Insha team has worked tirelessly to consistently deliver on the promises we have made to you, and we are deeply appreciative of your continued confidence in us.
I look forward to a bright future for Insha Holdings Berhad and its investors, and I remain committed to achieving our shared financial goals.
Thank you once again for your unwavering support.
Message from the Managing Director
2021 was indeed a challenging year. The pandemic made us look within and value the very essence of life, of local community and the joy that comes from the simple things that surround us but was lost on us in the pre-pandemic days. A silver lining perhaps. Something to ponder.
Insha will always look at 2021 as the year that brought together over 18 months of planning and strategising. The year our investors had long awaited. The year when commitments translated into reality. As always – thank you. To the investors who made us happen and continue to support us so strongly, we could not have done it without you.
The year gone by also raised grave concerns at the myriad of investment products now flooding the Malaysian market. The most basic of investment principles are seemingly forgotten in the pursuit of returns where risk is grossly under-stated or where the form and quantum of returns promised do not correlate to the underlying investment. If you invest in a Redeemable Preference Share, you should receive a Dividend. If you place your money in a Fixed Deposit, you receive Interest. You do not invest in a RPS and get something other than a dividend ! There are potentially serious tax implications that many investors seem to ignore.
Investors must seek independent advice before investing, they must know what they’re investing in, the structure and profile of returns promised and most importantly the governance framework surrounding the investment management company.
Opaqueness is not acceptable. Clarity and openness are generally correlated with lower risk.
As we usher 2022 into our lives, I urge all of you to take stock of your financial plans and consider investment decisions carefully. We are in for volatile times and volatility creates risk. Risk in turn is mitigated through good sound management.
Please have a wonderful new year. Stay safe and I do hope I will be able to connect with more of you in the new year. We have so many exciting developments in the INSHA pipeline and I will share these as they evolve and become reality. 2022 will be a year to remember.
Thank you to all our staff, our Board of Directors, our investors and most of all our families who have put up with the many long hours we have put in to get INSHA to where it is today.
Thank you. See you in 2022.