【RCECAP 9296 交流专区】RCE资本

祿

騙人！不信！一定出完了；在等收票！！
開玩笑，別生氣。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。
可能是真的誒說不定！！！

mjchua

原帖由 祿 于 10-9-2007 01:40 PM 发表
騙人！不信！一定出完了；在等收票！！
開玩笑，別生氣。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。。
可能是真的誒說不定！！！   

我的價錢那麼高... 最近都沒有上回 RM1.00 怎樣出 ?

小散户

原帖由 mjchua 于 10-9-2007 02:27 PM 发表


我的價錢那麼高... 最近都沒有上回 RM1.00 怎樣出 ?

跟我一样高价.

mjchua

原帖由 小散户 于 10-9-2007 02:45 PM 发表


跟我一样高价.

你比我高... 所以要出也是我比你早出 哈哈...

mjchua

Consumer credit
Companies engaged in consumer loan financing were conducting a brisk business in tandem with the high consumer spending.
That led Bank Rakyat to achieve a net profit of RM561mil last year, more than the earnings of some commercial banks.  
A cooperative bank, Bank Rakyat lends mainly to civil servants. Bank Rakyat may find it's time for a listing on Bursa Malaysia, and to kill two birds with one stone, it could merge with a financial services company that is already listed. Malaysia Building Society Bhd (MBSB), which is also a deposit-taking and lending company, is a prime candidate for this.  

The latest media report on this, at the end of  last month, said Bank Rakyat might offer RM2 a share for MBSB, which it described as a steeppremium over the latter's asset per share of RM1.29.  

MBSB's share price climbed each day from RM1.20 late last month to RM1.61 on Friday.  

That price action could partly be due to the anticipation of an offer of RM2 a share from Bank Raykat.  
Investors should, however, bear in mind the information in that report may be factually incorrect. For the purpose of an acquisition price, MBSB's net assets per share would not be treated as RM1.27 which was stated in its latest quarterly results.
The reason is MBSB has RM165mil of  redeemable convertible preference shares (RCPS) that are convertibleinto 330 million new MBSB shares.  

Upon their full conversion, MBSB's issued share capital would almost double to 675 million shares, and its net assets per share would be diluted from RM1.27 to about 64 sen.  

Hence, an offer of even two times book value for MBSB, after taking into account the dilution effect of the RCPS, would be about RM1.28 ashare. A hoped-for offer of RM2 works out to 3.1 times MBSB's bookvalue, which is far too high.  

A fair value for MBSB would be closer to RM1.20, and investors also have to bear in mind that Bank Rakyat might not make a general offer(GO). A premium for MBSB at this stage could be justified on the potential of an injection of Bank Rakyat into MBSB, but that may take some time even if the deal goes through.  

RCE Capital Bhd,which is in the same business as Bank Rakyat in giving loans to civil servants, announced last week that the Securities Commission approvedits proposed issue of asset-backed securities (ABS) to raise RM1.5bil.  

The ABS would be issued in tranches, with a maximum maturity period of10 years. This long maturity tenure is ideal and will enable it tomatch the maturities of its own borrowings and loan financing to civilservants.  

The senior ABS, RCE said, is rated by RAM Rating Services Bhd with an indicative rating of AAA while the subordinated ABS will not be rated.

The ABS will allow RCE to continue to expand its loan financing business. RCE, unlike Bank Rakyat and MBSB, does not have adeposit-taking licence. Hence, RCE has to raise funds in the capital markets. Such borrowing is not an issue for RCE which on-lends itsfunds that face a non-performing loan (NPL) rate of just 2% to 3%,which is lower than the NPL rate of even the most prudent commercial bank.  

RCE has expanded rapidly in recent years from a low base. With total loan receivables of RM417.7mil at the end of June this year, its loans growth was 58% from a year ago, faster in percentage terms than any bank. Its ABS programme will provide the funds for it to build on thathigh loans growth.

[ 本帖最后由 mjchua 于 10-9-2007 03:37 PM 编辑 ]

Mr.Business

也看看别个消费股。。。

PS: 如果Bank Rakyat真的要借MBSB后门上市，我的梦想是RCE能拿到MBSB的deposit执照 (既然Bank Rakyat并不需要MBSB的deposit执照)。当然，这是不可能的啦。

Monday September 10, 2007

Consumers’ call

Consumer spending increased considerably in recent months, providing much oomph in economic activity. Bonia and Padini are two retail players that saw some of that surge in spending.

SHOPPERS provided a lot of support to the economy in the second quarter (Q2) of this year – their shopping spree showed up in the economic data.  

Private consumption expenditure rose strongly by 13.1% in Q2 compared with 8.6% in the first quarter. The hyper activity of shoppers is visible even to casual observers from the crowds and traffic congestion in and around shopping centres.  

This increased spending is due to a combination of a stable level of employment and a wealth effect from higher share prices on the stock market from a year ago.  

Bonia Corp Bhd and Padini Holdings Bhd are specialist retailers that are successfully tapping this stream of spending.  

A retailer of luxury leather goods, Bonia recently reported a 136% rise in net profit to RM9mil in its fourth quarter (Q4) and a 104% increase in net profit to RM28.2mil for its financial year ended June 30, 2007 (FY07).  

This earnings expansion was derived from both the domestic and export markets. Bonia has about 400 boutiques and counters in department stores in this country.  

It will continue to open new outlets, with larger ones in new shopping centres that will open soon such as the Pavilion and The Gardens of the Mid-Valley Megamall in Kuala Lumpur, and the expanded Sunway Pyramid in the city's suburbs.  

It is also expanding overseas. Bonia has just opened an outlet in Parkson Beijing and one in Dalian, bringing its outlets in China to six currently. It has also just opened a boutique along Orchard Road in Singapore where it has about 40 boutiques and counters.  

One of the reservations that investors have of Bonia is they seldom see anyone in its stores. The reason for this apparent absence of customer traffic is that Bonia needs to sell just a few handbags a day. If it sells 10 handbags of RM700 each a day at an outlet, that would be a turnover of RM210,000 a month.  

The proof of its profits is in its cash generation. Bonia's cash increased by about RM20mil in FY07 compared with last year, excluding RM22mil cash received from exercise of warrants into shares. Hence, it held cash of RM65.8mil at the end of FY07 from RM23mil a year ago.  

Padini also showed strong growth, with net profit rising 110% to RM6.4mil for its Q4, and net profit increasing 14% to RM31.7mil for its financial year ended June 30, 2007. It retails a range of ladies' shoes and apparel marketed under several brands, principally Vincci.  

The company received a good share of domestic consumer spending, which provided all its revenue growth as its exports fell in Q4 as well as for the full year.  

No one doubts the popularity of Padini's stores where crowds of shoppers are conspicuous. That's probably the reason Padini shares were re-rated by the market earlier than Bonia's, but the latter has caught up.  

Bonia's market value of RM355mil now exceeds Padini's market value of RM329mil even though the latter's earnings are slightly higher. The higher valuation for Bonia could be due to its higher growth rate.  

At any rate, both Bonia and Padini will continue to ply a busy trade in the lively local shopping scene as they plan and execute their regional expansion plans.



Bonia’s managing director Albert Chiang with one of the company’s handbag products

http://biz.thestar.com.my/news/story.asp?file=/2007/9/10/business/18810775&sec=business

mjchua

原帖由 Mr.Business 于 10-9-2007 04:05 PM 发表
也看看别个消费股。。。

PS: 如果Bank Rakyat真的要借MBSB后门上市，我的梦想是RCE能拿到MBSB的deposit执照 (既然Bank Rakyat并不需要MBSB的deposit执照)。当然，这是不可能的啦。

Monday September 10,  ...

MBSB 的市值有多少 ?

Mr.Business

Malaysia's Bank Rakyat may acquire 30 pct stake in MBSB - report

KUALA LUMPUR, Jun 25, 2007 (XFN-ASIA via COMTEX) --

Bank Rakyat, a cooperative bank focusing on the civil servant market, may acquire a 30 pct stake in Malaysia Building Society Bhd (MBSB) from the Employees Provident Fund (EPF), the Edge Weekly reported.

EPF currently owns 62 pct in property financing firm MBSB.

Citing sources, the financial paper said the board of MBSB has approved the purchase of the stake.

"It is a viable combination as it combines MBSB's strength in property financing with Bank Rakyat's retail and personal finance base," a source was quoted by the Edge as saying.

MBSB chief executive officer Ahmad Farid Omar declined to comment, the Weekly said.

http://www.zibb.com/article/1205962/Malaysias+Bank+Rakyat+may+acquire+30+pct+stake+in+MBSB+report

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BusinessTimes

Bank Rakyat said to be bidding for MBSB shares
THE Employees Provident Fund (EPF) has received two offers last week forits shares in Malaysia Building Society Bhd (MBSB), a mortgage provider, bankers familiar with the matter said yesterday.

"We are evaluating the offers. A decision on the matter will be made with the best interest of EPF and MBSB at heart," an EPF spokesperson told Business Times.

The spokesperson declined to reveal more details.

RHB Investment Bank Bhd is advising EPF on the sale. EPF holds a controlling 62.41 per cent in MBSB.

Business Times understands that state-owned Bank Kerjasama Rakyat Malaysia Bhd,the country's largest cooperative bank, is one of the parties which made a detailed offer last week, after it received the nod from the Ministry of Finance to proceed with its plans.

The Bank Rakyat plan, split in two stages with different timelines, will first see it buying a 30 per cent stake in MBSB.

Subsequently, Bank Rakyat will inject money for new shares and this will erode EPF's shareholding further.

The bank's offer, which is in the range of RM2 a share, is a steep premium over MBSB's asset backing per share of RM1.29, a source involved in the advisory of the sale said.

This is in line with similar deals in the financial sector where offers are between 1.5 times and two times the book value.

Bank Rakyat has cash and short-term funds of RM1.5 billion as well as 111branches nationwide. The bank posted a net profit of RM368 milion for the financial year ended December 31 2006.

EPF has taken some flak in recent years over its investment in MBSB, after the company suffered six straight years of losses.

However,over the last three financial years, MBSB has stayed in the black,largely due to the professional management team appointed by EPF.

For its financial year ended December 31 2006, MBSB's revenue was up 28 percent to RM293.1 million while net profit stood at RM40.2 million.

http://malaysiaunittrusts.blogspot.com/2007/08/bank-rakyat-said-to-be-bidding-for-mbsb.html

XXXXX

MBSB up on Bank Rakyat eyeing stake report

Updated : 25-06-2007
Media : The Edge
Story By : Joseph Chin

Malaysia Building Society Bhd (MBSB) shares rose as much as 18.27% or 19 sen to RM1.23 in early trade on June 25 on The Edge weekly report that Bank Rakyat is eyeing a stake of up to 30% in MBSB.

MBSB opened at RM1.10, up six sen from last Friday¡¦s closing price of RM1.04. Within the first hour, there were 2.37 million shares done at prices ranging from RM1.10 to RM1.23.

At 10am, it was trading at RM1.17, up 13 sen.

The Edge weekly reported that Bank Rakyat was reportedly eyeing up to 30% in MBSB. The deal was initiated by the Finance Ministry which would involve the acquisition of the stake from the Employees Provident Fund.

http://www.biznewsdb.com/english/newspage/newspage1.asp?ID=706254&file1=7&bulan=06&kw=mbsb

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MBSB aims to reduce its NPLs to 15% this year

Updated : 15-06-2007
Media : The Edge
Story By : Harpreet Bhal

Malaysian Building Society Bhd (MBSB) expects to slash its net non-performing loan (NPL) ratio to 15% in the current financial year ending Dec 31, 2007 (FY07), from about 25 % at end-2006.

As at end-2006, the lender's six-month NPLs stood at RM1.26 billion, against net loans of RM5.09 billion. This was a 13% or RM197 million drop from 2005 following its aggressive recovery strategy and intensified collection efforts.

"We are putting a lot of effort into this and working hard to negotiate with borrowers. We have to work 24 hours to make sure we're as competitive as other banks," its chief executive officer Ahmad Farid Omar Ahmad told reporters after MBSB's AGM here yesterday.

Ahmad Farid said the company, whose core business is in providing housing loans, had made progress in alleviating the problems of its loan defaulters by assisting them in finding suitable buyers for their properties.

Despite this success, MBSB was still grappling with legacy loans left over in the wake of the Asian financial crisis. "We have a problem with legacy loans but we are unwinding them and resolving them as much as possible," Ahmad Farid said.

Going forward, MBSB intends to continue with its focus in providing more housing loans via collaborations with property developers to offer special financing packages to their customers.

The lender's previous alliance with Guthrie Properties in offering financial solutions to homeowners had proven successful for MBSB.

Ahmad Farid said such initiatives would be made more widespread to include other property developers such as MK Land Holdings Bhd and Perbadanan Kemajuan Negeri Selangor.

He expects these initiatives to drive up the growth of the company's net loans by 30% this year from RM5.09 billion last year. MBSB is targeting medium-range properties priced between RM 80,000 and RM300,000 for property financing this year.

The company also intends to grow the value of individual deposits to constitute at least 30% of total deposits this year. Currently, the lender holds RM1 billion in deposits from individuals against RM5.7 billion worth of deposits from corporate clients.

MBSB, whose major shareholders are the Employees Provident Fund and Permodalan Nasional Bhd, will also expand its branch network this year to 27 from the existing 22 branches around the country. The new branches, costing RM250,000 each, will be located in Muar, Taiping, Sandakan, Miri and Kangar.

MBSB recorded a pre-tax profit of RM30.41 million for FY06, an increase of 19.4% from 2005. Revenue totalled RM293.06 million in 2006, a 27% rise from RM229.45 million in 2005.

Meanwhile, MBSB told Bursa Malaysia that its pre-tax profit growth of 19.4% for FY06 was lower than its key performance index (KPI) growth target of 37%.

"This was mainly due to higher provision made for losses on loans and financing which was offset by slightly higher net interest income and lower operating expenses. This resulted in a lower average return on equity."

For FY07, 08 and 09, the KPIs for MBSB's revenue growth has been set at 15% for each year. For its retail loans growth, the target KPI is at 25% for each year.

http://www.biznewsdb.com/english/newspage/newspage1.asp?ID=70615113&file1=7&bulan=06&kw=mbsb

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MBSB aims to maintain 30% loans growth

Updated : 15-06-2007
Media : The Star

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) targets this year to maintain 30% loans growth over the RM2.2bil total loans approved in 2006, said chief executive officer Ahmad Farid Omar.

He was optimistic of the target as MBSB had developed a good marketing strategy and had formed some strategic alliances with developers.

¡§We will continue to strive to achieve our targeted loans growth despite competition from local banks,¡¨ he told a press conference after the company AGM yesterday.

¡§Instead of waiting for customers to come forward, our staff will take the initiative to meet them at their workplace or home to assist them in their applications,¡¨ Ahmad Farid said.

He added that the company was targeting customers intending to purchase houses costing between RM80,000 and RM300,000.

To improve its quality of services, MBSB would open four more branches this year in Muar, Taiping, Sandakan and Perlis, he said, adding that each would cost about RM250,000.

Currently, it has 23 branches nationwide, including one opened two months ago in Bangi.

Ahmad Farid also said due to intensified collection efforts and effective loan settlements, MBSB expected its non-performing loans to fall about 15% this year from last year's RM1.26bil.

MBSB has declared a 3% first and final dividend for 2006.

http://www.biznewsdb.com/english/newspage/newspage1.asp?ID=7061513&file1=7&bulan=06&kw=mbsb

[ 本帖最后由 Mr.Business 于 10-9-2007 04:32 PM 编辑 ]

Mr.Business

如果The Star讲的是真的，那人们以为Bank Rakyat会offer每股RM2的价钱似乎不会成真。

还没转换RM165mil的redeemable convertible preference shares (RCPS)， MBSB总共有345mil股;
转换RCPS后，MBSB将有675mil股 (The Star的资料)。

MBSB的市价是RM1.65，所以总市值是RM569.25mil (345mil股 x RM1.65 = RM569.25mil)

......
The latest media report on this, at the end of  last month, said Bank Rakyat might offer RM2 a share for MBSB, which it described as a steep premium over the latter's asset per share of RM1.29.  
MBSB's share price climbed each day from RM1.20 late last month to RM1.61 on Friday.  
That price action could partly be due to the anticipation of an offer of RM2 a share from Bank Raykat.  
Investors should, however, bear in mind the information in that report may be factually incorrect. For the purpose of an acquisition price, MBSB's net assets per share would not be treated as RM1.27 which was stated in its latest quarterly results.
The reason is MBSB has RM165mil of  redeemable convertible preference shares (RCPS) that are convertible into 330 million new MBSB shares.  
Upon their full conversion, MBSB's issued share capital would almost double to 675 million shares, and its net assets per share would be diluted from RM1.27 to about 64 sen.  
Hence, an offer of even two times book value for MBSB, after taking into account the dilution effect of the RCPS, would be about RM1.28 ashare. A hoped-for offer of RM2 works out to 3.1 times MBSB's bookvalue, which is far too high.  
A fair value for MBSB would be closer to RM1.20, and investors also have to bear in mind that Bank Rakyat might not make a general offer (GO). A premium for MBSB at this stage could be justified on the potential of an injection of Bank Rakyat into MBSB, but that may take some time even if the deal goes through.
......

[ 本帖最后由 Mr.Business 于 10-9-2007 04:31 PM 编辑 ]

mjchua

原帖由 Mr.Business 于 10-9-2007 04:28 PM 发表
如果The Star讲的是真的，那人们以为Bank Rakyat会offer每股RM2的价钱似乎不会成真。


如果The Star讲的是真的，那人们以为Bank Rakyat会offer每股RM2的价钱似乎不会成真。

还没转换RM165mil的redeemabl ...

重點是... 收購 MBSB 能令 Bank Rakyat 帶來什麼好處 ?
為什麼 Bank Rakyat 要以這樣的方式上市 ?

Mr.Business

是咯，我也不明白为何Bank Rakyat会打算借MBSB后门上市 (假设这消息是真的)。

1. 借上市筹资？不大可能吧。。。

2. "It is a viable combination as it combines MBSB's strength in property financing with Bank Rakyat's retail and personal finance base," a source was quoted by the Edge as saying.
需要靠MBSB来进军房贷业务吗？MBSB还有很多NPL，如此Bank Rakyat不是还要帮MBSB善后？

我想应该是政府的意思，要借合并来壮大实力。逻辑吗？

XXXXX

25 Jun 2007: Corporate: Bank Rakyat eyes stake in MBSB
By Joyce Goh and Risen Jayaseelan

Bank Rakyat is eyeing a stake of up to 30% in Malaysia Building Society Bhd (MBSB), sources say.
In a deal which sources say was initiated by the Ministry of Finance, the stake is to be acquired from MBSB's largest shareholder, the Employees Provident Fund (EPF), which has 62% in the building society.
It is believed that Bank Rakyat's board has approved the purchase of the stake. "It makes sense. It is a viable combination as it combines MBSB's strength in property financing with Bank Rakyat's retail and personal finance base. MBSB can also tap into Bank Rakyat's branch network," says a source.
Bank Rakyat is a cooperative that generates most of its business by giving out personal loans, particularly to civil servants. It is also big in Islamic banking. The plan is for the merged entity to compete more effectively.
Even at MBSB's current price of RM1.06, a 30% stake would cost Bank Rakyat RM107.56 million. But the deal is expected to be at a significantly higher price than the current market value.
For the financial year ended Dec 31, 2006, Bank Rakyat's cash and short-term funds stood at RM1.5 billion, while its deposits and placements with financial institutions were at RM2.5 billion. Its revenue jumped 24% to RM1.96 billion, while its net profit increased 25% to RM368 million.
MBSB's CEO Ahmad Farid Omar, when contacted on the development late last week, declined to comment on the matter.
Apart from the EPF, the other major shareholder in MBSB is Permodalan Nasional Bhd, with a 11% stake. After incurring huge losses between 1998 and 2003, MBSB returned to the black in 2004 and has managed to improve its financial performance thus far. For its financial year ended Dec 31, 2006, revenue jumped 28% to RM293.1 million from RM229.5 million in 2005. Its net profit increased 3.6% to RM40.2 million from RM38.8 million in 2005.
One reason for the improved results, according to Farid, is MBSB's decision to nurse its non-performing loans (NPLs) instead of selling its bad loans to a special-purpose vehicle (SPV). This strategy seems to have worked well — the group's NPLs have more than halved in the last five years.
Farid says the company is already seeing results. "Our NPL ratio has dropped from 60% in 2002 to 25% today. It is a result of nursing," he tells The Edge in an interview that was done earlier in the week. The NPL ratio is the proportion of bad loans over total loans. On average, local banks have NPL ratios of about 5% currently.
Initially, MBSB had planned to place its NPLs under a SPV, but decided to change tack. "If we sell to a SPV, it will normally involve a haircut which, I think, is not a good strategy. This is because MBSB's NPLs are all secured by property," says Farid. He adds that some of the building society's delinquent loans are backed by properties in good locations such as Ampang and Sungai Buloh.
"The value of land has increased tremendously, especially in Penang, Ipoh, Johor and the Klang Valley," he says.
Farid adds that recovering the loans is a matter of holding on to the property and selling it at the right time. "With property, the beauty is that there is always a premium," he explains.
"When we manage to settle it [the sale], there is a write-back. It's very seldom that we make a loss on a sale."
Settlement, however, takes time. Farid says some bad loans may take up to seven years to resolve.
MBSB's NPL issue stems from its legacy loans that were approved in the 1990s.
Back in 1994, MBSB diversified from its original core business of taking deposits and providing loans to house buyers. It ventured into property development as well as providing bridging and revolving loans for the sector. After the Asian financial crisis hit in 1997, MBSB found itself in dire straits: it was saddled with delinquent loans.
In 2000, the group's net NPL stood at RM2 billion. After implementing its restructuring strategies, the company has managed to reduce this figure to RM850 million currently. Farid notes that none of MBSB's new loans given out since 2003 has turned delinquent. "We are very strict in our credit assessment; we have developed a risk management department to look into the projects' risks," he says.
Not only have MBSB's NPL numbers come down, the company has also seen considerable loans growth in the last five years. In 2002, its housing loans stood at RM1.1 billion. This has since tripled to RM3.5 billion.
Farid says 9% of MBSB's housing loans were non-performing because of the customer profile, largely buyers of medium to low-cost houses. He notes, however, that more than half of these bad loans are "moving NPLs", which means these borrowers still pay their instalments as and when they can.
Depositors also have more faith in MBSB these days. Five years ago, the building society had to pay higher borrowing costs to fund its lending, after its customer deposits shrank considerably. Farid says loans are now largely funded by deposits from both individuals and corporations.
"In 2002, our total net loan was RM3.3 billion, of which RM2.5 billion was being funded by bank borrowings. In 2006, our net loan was RM5.2 billion, of which our total borrowings made up only RM500 million while the remaining was funded by deposits," he says.
"This indicates that the confidence level of depositors has improved," he points out. In 2002, MBSB had 48 million deposits and the number has jumped to one billion deposits today.
Moving forward, Farid says MBSB will continue to focus on property financing as well as develop its retail business. It is also aggressively embarking on Islamic financing. In fact, over half of MBSB's customers apply for its Islamic house financing scheme.

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或藉入股馬建屋
國行融資低收入群房貸

報導：顏曉淇
（吉隆坡6日訊）08財算公佈前夕，市場傳出政府為落實居者有其屋願景，將透過國家銀行收購馬建屋（MBSB，1171，主板金融）放款給購屋者。

不願具名的消息告訴《中國報》，國行隨即將把放款轉換成債券，售予國內金融機構。

8月20日以來，馬建屋已高漲逾40%，今天閉市時報1.59令吉。

不過，政府的算盤或能在短期內打響，但長期而言市場擔心在房貸氾濫下，日后或將引發另一波“次級房貸危機”。

此外，為大力推動國內房地產發展，政府或將撤銷或調降產業印花稅。

另外，外籍人士購置商業產業時，政府也可能給予1年內免向海外投資機構（FIC）申請批准的寬限期。

政府將設立特別機制，與私人界合作協助民眾實現居者有其屋目標。

料上述措施將惠及中低價房地產，並有利所有購屋者。

財算出爐前，市場臆測紛紛，產業類股備受唱好，蔚為市場焦點。

[ 本帖最后由 Mr.Business 于 10-9-2007 04:45 PM 编辑 ]

mjchua

原帖由 Mr.Business 于 10-9-2007 04:43 PM 发表
我想应该是政府的意思，要借合并来壮大实力。逻辑吗

哈哈... 那將會是爛攤子... 誰拿到誰麻煩

小散户

如故BANK RAKYAT RM2收购RCE就好了.

mjchua

原帖由 小散户 于 10-9-2007 04:47 PM 发表
如故BANK RAKYAT RM2收购RCE就好了.

哈哈... RM2... Kawan RCE 笑到晚上睡不著了...
或是睡夢中笑醒...

Mr.Business

哈，我不知道RCE对Bank Rakyat来说会有什么吸引力。

再过几年，如果RCE能更强大一点。。。Tan Sri的政治力能大一点，能得到MBSB的收取deposit的执照和发出信用卡的批准，那时候RCE才可能是Bank Rakyat的对手。。。
这可能吗？哈，在马来西亚什么事情都可能发生。。。

8years

“能得到MBSB的收取deposit的执照和发出信用卡的批准，那时候RCE才可能是Bank Rakyat的对手。。。“

拿了Bank Rakyat的deposit的执照和发出信用卡的批准来对付回bank rakyat???这logic好像讲不通。。。。

小散户

原帖由 8years 于 10-9-2007 05:19 PM 发表
“能得到MBSB的收取deposit的执照和发出信用卡的批准，那时候RCE才可能是Bank Rakyat的对手。。。“

拿了Bank Rakyat的deposit的执照和发出信用卡的批准来对付回bank rakyat???这logic好像讲不通。。。。

有了MBSBdeposit的执照,发出信用卡的批准可以跟BANK RAKYAT比比.

mjchua

原帖由 Mr.Business 于 10-9-2007 05:05 PM 发表
哈，我不知道RCE对Bank Rakyat来说会有什么吸引力。

再过几年，如果RCE能更强大一点。。。Tan Sri的政治力能大一点，能得到MBSB的收取deposit的执照和发出信用卡的批准，那时候RCE才可能是Bank Rakyat的对手 ...

AMMB 有 credit card license 嗎 ?

Mr.Business

AmBank有信用卡业务。

XXXXX


希望各位将去股东大会的Kawan RCE, 到时能在这里汇报大会的情况和消息，谢谢各位。

Mr.Business

这新闻关系到RCE的老板 (Tan Sri Azman Hashim)，也关系RCE的主要竞争者 (Bank Rakyat)。

PS: Tan Sri老兄太喜欢做生意，什么公司都插上一脚，对RCE和我们这些股东来讲。真不知是福是祸。。。


更新: September 10, 2007 18:01

擠進十大活躍股榜
馬建屋逆勢攀高
（吉隆坡10日訊）股權競購案升溫，馬建屋（MBSB，1171，主板金融）逆勢攀高，一舉躍上十大活躍股榜單！

該股今早以1.58令吉、跌3仙，旺盛買盤推高下，隨即急起直追跳上正面區間，盤中一度高企1.69令吉高點，揚8仙。

繼近期市場傳出，人民銀行（Bank Rakyat）有意以每股2令吉，向馬建屋大股東公積金局（EPF）獻購30%股權后，如今又盛傳AMMB控股（AMMB，1015，主板金融）主席丹斯里阿茲曼有意加入角逐。

公積金局持有馬建屋62%股權。

《The Edge》引述消息說，獻購價及企劃書為公積金局兩大考量主因，阿茲曼哈欣出價不俗。

“股權爭奪戰已展開，阿茲曼為其中出價最高者。”

休市時，該股暫掛1.64令吉，起3仙，半日共863萬8300股易手。

皇牌地位誘人

阿茲曼哈欣自脫售大馬投資（AIGB，2288，主板金融）及AMMB控股后，積極投資其他金融機構如ECM（ECM，2143，主板金融）。

受馬建屋毋需經國行發放執照的“皇牌地位”所吸引，阿茲曼哈欣遂加入競購股權。

除了人民銀行及科威特金融機構（KFH），較早亦傳出公積金局有意撮合馬屋業與郵政控股（POSHLDG）。

郵政控股如今已由大馬郵政（POS，4634，主板貿易）取代上市地位。

即將引進大股東之說愈演愈烈，馬建屋備受投資者追捧；不過，馬建屋早前已澄清，並無接獲任何有關人民銀行的獻購資料。

閉市時，該股收1.66令吉，起5仙，成交量達1387萬7900股。

http://www.chinapress.com.my/content_new.asp?dt=2007-09-11&sec=business&art=0911bs05.txt