【MAYBANK 1155 交流专区】马银行

ckyan

这只老虎好像有越来越病猫的迹象。。

Mr.Business

这个Rashdan是Megan从前的董事。Megan的亏空我绝不相信他不知情！:@




28-08-2008: Maybank buys BinaFikir, appoints directors to helm Aseambankers
by Yong Yen Nie

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has proposed to acquire BinaFikir Sdn Bhd for RM8 million and appointed two directors from the boutique advisory firm to helm its investment banking arm, Aseambankers (M) Bhd.

During a media briefing here yesterday, Maybank president and chief executive officer Datuk Seri Abdul Wahid Omar announced the appointments of Mohammed Rashdan Mohd Yusof as chief operating officer and Feisal Wan Zahir as investment banking head of Aseambankers effective Sept 1, subject to the approval of Bank Negara Malaysia and the Securities Commission.

The announcement confirms a report by The Edge weekly last week which stated that Rashdan (popularly known as Danny) would take over the reins in Aseambankers from its current chief executive officer Surachet Chaipatamanont.

Consequent to the recruitment, Maybank would also acquire the entire stake in BinaFikir for about RM8 million, which Wahid said was the book value of the company.

“We are hungry for talent (and) we are delighted to have the Bina-Fikir founders join us and eventually, bring in best-in-class talent to join our investment banking group,” Wahid said.

He said Maybank’s acquisition of BinaFikir was intended to facilitate the movement of its founders and directors into Aseambankers, as well as to ensure the continuity of the existing mandates of Bina-Fikir.

BinaFikir was most noted for its successful restructuring of national carrier Malaysian Airline System Bhd (MAS) which was reeling from huge debts in 2002. It came out with a scheme to turn MAS into an asset-light airline by taking its assets of RM5 billion and RM7 billion worth of liabilities off the books.

Interestingly, Rashdan co-founded BinaFikir with Tan Sri Azman Mokhtar, who is now the managing director of Khazanah Nasional Bhd.

Wahid said Maybank has targeted Aseambankers to be the top two full-fledged investment banks by 2015. Currently, it is trailing behind CIMB Investment Bank and AMMB Holdings Bhd’s investment banking arm AmInvestment Bank.

“We are confident that with their (Rashdan and Feisal) strong drive, vast experience and solid institutional support from the Maybank Group, we will be able to tap more opportunities to significantly strengthen our position in the market,” he said.

http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_7539d770-cb73c03a-11151520-548e6b89

blueyap82

final dividen of 20sen per share ex-date 07-10-08
好过没

scsiang82

業績符預期財測暫維持‧馬銀行前景看收購成敗   
大馬財經  2008-08-28 19:29




（吉隆坡）馬來亞銀行（MAYBANK，1155；主板金融組）2008財政年業績表現普遍符合預測，分析員對其業務營運前景分析褒貶不一，惟後市展望仍備受印尼國際銀行（BII）收購計劃困擾。

馬銀行為BII交易訂金作出撥備受看好，股價盤中一度上揚15仙或2.05%至7令吉45仙，閉市最終掛7令吉40仙，全天揚10仙或1.37%。

達證券表示，併購計劃是買進馬銀行股票的唯一催化劑，目前卻背道而馳，未來更是挑戰重重，包括淨利息收入成長緩和導致營業額難有突破、競爭環境讓抵押產品業務潛能有限、股息派給降低、利息負擔影響競爭力和估計股本回酬下跌。

馬銀行和各方洽商解決各項課題以繼續BII收購計劃，但分析員相信最終可能無法取回訂金以及蒙受顧問費用虧損，因為國家銀行基於收購會損壞銀行本益比和賬面值，從而影響大馬銀行體系穩定作出決定，在馬銀行佔國內銀行25%市佔率的影響力下，國行不願意冒這風險。

同時間馬銀行已籌措75億令吉資金。按每年5.5%的利息計算，自現財政年起的融資成本至少達4億2100萬令吉。

2009年可賺32億至34億

達證券表示，即使馬銀行最終有解決方案，但這項收購的估價問題還是令人關注。儘管未來幾年的展望不明朗，不過目前還是維持2009和2010財政年，各34億6300萬和37億5800萬令吉的盈利預測。

大馬研究也保持2009和2010年的32億2500萬和33億2800萬令吉淨利預測。每年2至3%成長反映貸款成長放緩至5%至6%、非利息收入持平、凈利息賺幅收窄以及高貸款虧損撥備。

馬銀行2008年的國內貸款成長12%，外國成長更高達27%，其中新加坡更錄得32%成長的亮眼表現；同時，銀行宣佈以800萬令吉收購BINA FIKIR公司也有助推動投資銀行收入，但貢獻不大。不過，市況不振，令馬銀行的未套現股票重估虧損高達8億2200萬令吉（3月時只有1億8800萬令吉），只有有關虧損是記入股東基金，所以沒有影響每股3令吉95仙的賬面值。

馬銀行2008財政年派息率達61%（50仙），大馬研究上修今明兩個財政年派息率預測至63%至64%，估計每股股息各達54仙和58仙。

不過，馬銀行股價表現受BII收購計劃不穩定因素限制，這３項在印尼、巴基斯坦和越南的銀行收購對資產負債表的衝擊也備受關注。

聯昌研究比較樂觀，對馬銀行的營運改善給予正面評價，因為貸款成長驕人和呆賬改善，因此上調今明兩年淨利預測1%至2%，各達34億2280萬和36億7940萬令吉，2011年淨利預測達39億9000萬令吉。

馬銀行的全年凈呆賬率則從3.03%降低至1.92%，貸款虧損回收從80.3%加強至99.2%。

扣除4億8380萬令吉的收購BII的訂金虧損撥備，馬銀行全年核心凈利和匯率賺益達32億2000萬令吉。

聯昌雖然看好印尼銀行業長期前景，但印尼管制的朝三暮四是一大風險，而且BII交易也很可能告吹，在評估正面和負面因素後，得出“中和”的結果。

星洲日報／財經‧2008.08.28

http://biz.sinchew-i.com/node/16054

小小男孩

哇，越来越离谱了！　

股友

29/08/08

maybank: 7.85
maybank-cj:0.10
premium : 4.5%

scsiang82

更新: August 31, 2008 17:38

馬銀行或放棄 BII收購案


（吉隆坡31日訊）如果耶加達拒絕上訴，馬銀行（MAYBANK，1155，主板金融）很可能放棄總收購價高達27億美元（91億5963萬令吉）的印尼國際銀行（BII）收購案。

馬銀行總執行長阿都瓦希接受國內媒體專訪時說，如果印尼管理單位拒絕馬銀行針對印尼新收購法的上訴的話，馬銀行很可能會放棄稍早前宣佈的印尼國際銀行收購案。

阿都瓦希說：“對于這宗交易，我們仍然有興趣，不過明顯的，必須要在沒有新管制法牽制下才能完成。”

“如果條件無法幫上忙，我們就無法繼續。”

馬銀行今年3月間同意收購印尼國際銀行55%股權，賣方是新加坡政府投資臂膀淡馬錫，以及韓國國民銀行（ Kookmin）。

不過，今年6月底，印尼實施了全新收購法。新法規定，馬銀行必須在完成收購后的2年內將印尼國際銀行的20%股權轉賣給公眾。

印尼的新規定引起了大馬國家銀行的注意。國家銀行擔心馬銀行會因此損失，決定收回初釋給馬銀行的收購放行證。

不開先例

馬銀行已向印尼管理單位Bapepam上訴，不過后者上週五說，不會為馬銀行開先例。

阿都瓦希說，印尼的新收購法不應該回溯至新法實施前，不應該適用于新法實施前毃定的收購案。

“我想，將矛頭指向馬銀行或大馬國家銀行是不公平的…這裡的重點是，印尼的新收購法被用在3月間敲定的收購案。”

另一方面，阿都瓦希說，馬銀行仍然對印尼市場感興趣。

“我們想要打進印尼市場，不過，如現在無法打進去，未來還是會有機會。”

如果馬銀行無法在今年9月26日前解決上述收購案，很可能就會損失高達4億8000萬令吉的定金，后者是賣方當初與馬銀行談妥的脫售條件之一。

不過，阿都瓦希曾說，將1億9300萬令吉的匯利考慮進去的話，馬銀行可能的最終損失是2億9000萬令吉。

http://www.chinapress.com.my/content_new.asp?dt=2008-09-01&sec=business&art=0901bs03.txt

JackyHuong

不好意思各位大哥大姐
小弟对股票也有兴趣
但是我对股票的认识不熟悉
请问你们可不可以指教指教小弟啊
我偶尔也是有留意maybank的
对maybank也是有点兴趣

scsiang82

Thursday September 4, 2008
Maybank cancels plan for tie-up with PT Panin Life


KUALA LUMPUR: Malayan Banking Bhd (Maybank) has called off plans to team up with PT Panin Life Tbk to venture into Indonesia’s insurance and takaful market, the bank said in a statement to Bursa Malaysia yesterday.

The approvals for the partnership given by the Indonesian Ministry of Finance had lapsed on Aug 4.

“Maybank would like to inform that due to unavoidable circumstances not within its control, both Maybank and Panin are unable to proceed further in formalising the proposed joint-venture partnership,’’ it said.

Maybank has earlier entered into a memorandum of understanding (MoU) with Panin to acquire a 60% stake in PT Anugrah Life Insurance.

“In view of this, Maybank has notified Panin and Anugrah today that all arrangements relating to it pursuant to the above MoU be formally terminated,’’ the bank said yesterday.

Maybank, which is Malaysia’s biggest banking group by assets, has earmarked Indonesia as a key market in its regional expansion drive. However, the bank is facing tougher-than-expected challenges in its quest to build up a presence there.

A plan to acquire a commercial bank, PT Bank Internasional Indonesia (BII), had hit a snag, and there is a risk that the deal might not go through.

Maybank has already written off the deposit placed for the planned purchase of BII in its fiscal year ended June 30, 2008, although newly appointed president and chief executive officer Datuk Seri Abdul Wahid Omar told a press conference recently that the bank was still hopeful that the deal could be completed.

http://biz.thestar.com.my/news/story.asp?file=/2008/9/4/business/1946779&sec=business

SuperRahman

烂泥扶不上壁！

scsiang82

Thursday September 4, 2008
Challenging times ahead for banks
By JOSEPH CHIN


Loans growth slowing down due to weak marketLoans growth slowing down due to weak market

PETALING JAYA: Banks are preparing for tougher times as loans growth slows down due to weaker macroeconomic environment and also a possible increase in non-performing loans (NPLs), say analysts.

Rising inflationary pressures, the impact on NPLs and also weaker vehicle sales growth would hurt loans growth, they said.

“We see a slowdown in loans growth to 8% to 8.5% from about 10% last year,” said HwangDBS Vickers senior analyst Lim Sue Lin.

Lim maintained a “neutral” outlook on the banking sector. Similar concerns about a tougher operating environment saw CIMB Equities Research and AmResearch remaining “neutral” and “underweight” respectively on banks.


Analysts say rising inflationary pressures, the impact on NPLs and also weaker vehicle sales growth will hurt loans growth.

However, Citigroup Global Markets equity research had an “overweight” recommendation on banks, adding that they were trading at trough valuations.

CIMB Research said in a report issued yesterday that softer leading loan indicators pointed to further deceleration of loans growth in the coming months. It was wary about the potential uptick in NPLs amidst the increased inflationary pressure following the petrol price hike.

“All these negatives will dilute the benefits from some banks’ regional expansion, internal restructuring and new strategic partners,” CIMB Research said.

It forecast loans growth to moderate in coming months due to the weakening pace for leading loan indicators.

CIMB Research expected the hike in petrol price in June would have two to three months’ lag impact on loan momentum.

It projected a 10% to 20% contraction in vehicle sales in the second half compared with a 25.9% year-on-year increase in the first half.

AmResearch expected industry loans growth to moderate to a lower 6% in 2009.

“We see the challenging economic environment dampening demand for credit while banking institutions turn more cautious,” it said.

Citigroup Global Markets equity research was more upbeat about the banks and maintained its 2008 loans growth forecast of 9%, from a bottom-up analysis.

“Other than bond portfolio weakness in the second quarter (ended June 30), sector fundamentals improved,” it said.

It said banks were still reasonably confident of achieving good growth this year following the strong first-half performance. There was still “no asset quality red flags” on the horizon but it said it was monitoring consumption credit and small and medium enterprises NPLs.

Meanwhile, average lending rates (ALRs) had also fallen from 6.08% in June to 6.02% in July, the lowest since the 6.15% in January 2006.

HwangDBS Vickers’ Lim said the low ALRs were due to the keen competition among banks and this would have a negative impact “unless they can source lower cost deposits to offset the compression of margins”.

Lim expected a slowdown in vehicle sales, further aggravated by high financing rates. For the property sector, she said banks were mostly lending to the mid-segment and location and developers specific.

Despite the challenging environment, Lim’s top picks were Public Bank Bhd, Hong Leong Bank Bhd and EON Capital Bhd.

She cited Public Bank’s robust returns on equity, high dividend yields, excellent asset quality relative to its peers, strong management and healthy growth prospects.

On Hong Leong Bank, she said aside from its rejuvenated domestic business, it had gained direct entry into the Chinese banking scene.

“While its China endeavours appear challenging, it should open doors to significant business and earnings opportunities over the longer term,” she said.

As for EON Cap, she said new shareholder Primus Pacific Partners, with a 20.2% stake, was expected to drive it to the next stage of growth after lagging its peers in the past few years.

EON Cap, which closed at RM4.44 yesterday, was trading near its book value of RM4.38 as at June 30.

http://biz.thestar.com.my/news/story.asp?file=/2008/9/4/business/1946778&sec=business

SuperRahman

可以简短一点吗？

scsiang82

看标题就好咯。。。

傻人最有傻福

馬銀行取消購印尼保險公司

馬來亞銀行（MAYBANK,1155,主板金融組）宣佈和Panin公司終止早前的聯營諒解備忘錄，取消收購印尼Anugerah公司60%股權計劃。馬銀行在文告中指出，在其控制以外的不得以情況下，雙方無法繼續展開聯營夥伴關係，正式終止上述諒解備忘錄。
根據馬銀行8月4日的文告，由於無法準時提呈相關文件給印尼財政部，所獲批准因此失效。馬銀行當時表示將尋求解決方案，以通過收購Anugerah公司股權成立夥伴關係。
                星洲日報／財經‧2008.09.04

john1984

有人知道为什么mbb 一定要收购100% Bll 的股权吗？

如果收购100％就一定要2年后卖出其中20％，为什么mbb 不选择只收购80％或大股东的股权而已？这样子不是更好吗

SuperRahman

老虎越来越没眼看！很铁不成钢！

ThermoFisher

馬銀行調低An Binh收購價

（吉隆坡9日訊）馬銀行（MAYBANK，1155，主板金融）調低越南An Binh銀行15%股權收購價至3億2710萬令吉，且將增持股權至20%，總收購價達4億1000萬令吉。

馬銀行向馬證交所報備，稱在今日和An Binh銀行簽署附加協議，以修改在3月21日簽署的合約特定條款。

文告指出，執行附加協議后，馬銀行收購An Binh銀行約15%股權的總代價，將從4億3000萬令吉現金，下修至3億2710萬令吉左右（1.58兆越南盾）。

“顧及越南經濟環境的改變，馬銀行及An Binh銀行雙方皆同意這項調整后的收購價。”

馬銀行指出，一旦在今年12月30日之前完成15%股權收購，An Binh銀行可派送紅股給現有股東（除了馬銀行）。

屆時，馬銀行將以約910萬令吉（438億越南盾）認購上述額外發行的紅股，以維持15%持股水平。

文告也說，完成上述收購后，馬銀行將以7380萬令吉（3565億越南盾），認購額外5%股權。

“為此，馬銀行最終將持有An Binh銀行20%股權，總計收購代價約4億1000萬令吉。”

阿福

今天刚收到 Maybank 的年报，是用速递寄来的，Myabank 可真舍得花钱。

股东大会将在9月25号星期四11:30am在Shangari-La Hotel 举行，有人打算出席吗？

scsiang82

Monday September 15, 2008 MYT 1:47:44 PM
Indonesia’s Bapepam rejects Maybank request
By JOSEPH CHIN


KUALA LUMPUR Indonesia’s regulator Bapepam has rejected Malayan Banking Bhd’s request to be exempted from the country’s new take over rule regarding the proposed acquisition of PT Bank Internasional Indonesia TBK (BII).

Badan Pengawas Pasar Modal and Lembaga Keuangan (Bapepam), Department Keuangan, had in a letter dated Sept 9, also rejected Maybank’s request to undertake a partial tender offer on BII shares

Maybank told Bursa Malaysia on Monday that Bapepam said it could not allow the request “as this would create a negative precedent to the newly introduced regulation and would undermine the whole fundamental and objective of the new take over rule as well as the credibility of Bapepam's regulatory function”.

Maybank said it respected this latest decision of Bapepam and under the term of the share sale agreement (SSA) dated March 26, in the event that any of the condition precedent was not fulfilled by Sept 26, the agreement would lapse.

On Sept 4, Maybank had written to Bapepam to seek its reconsideration to exempt it from the new take over rule and therefore not compelled to sell down 20% of BII’s shares to public shareholders.

Maybank had made the appeal on the grounds that the SSA, which was entered into on March 26, was before the new take over rule which came into effect on June 30.

Maybank had also requested to allow the bank or its affiliate to conduct a partial tender offer up to 80% of BII shares. It said this approach would meet Bapepam's objective to achieve 20% public free float upon the close of the tender offer.

http://biz.thestar.com.my/news/story.asp?file=/2008/9/15/business/20080915134234&sec=business

scsiang82

監管當局拒通融　馬銀行購印尼國際破局

2008年9月16日
　  
（吉隆坡15日訊）由於印尼當局不願網開一面，馬銀行(MAYBANK，1155，主板金融股)收購印尼國際銀行的計劃料將正式破局。

馬銀行是第二度尋求印尼當局豁免，但依然不獲通過，所以在合約條件無法達成的情況下，這項27億美元（約92億令吉）的收購計劃，料將於本月26日期限之前提前失效。

大馬證券研究分析員龍慧彥表示，「這意味著整個協議已經告吹。」

她說，她可能將馬銀行的評級從「沽售」升級至「守住」，因為該公司不再需要發股集資，從而令盈利被沖淡。

馬銀行在今日下午12時30分發出文告前，股價下跌0.7%至7.65令吉。

由於市場擔心馬銀行付出太高代價收購該印尼銀行，導致馬銀行自3月26日宣佈此計劃以下，其股價已下跌15%。

馬銀行透過文告表示，該銀行在9月4日再度向印尼資金市場與金融機構監督局（BAPEPAM）提出申請，希望當局可以重新考慮，以3月份簽署合約為由，而豁免該銀行遵守脫售20%股權的新條例，並同時允許該銀行展開部份招標脫售最多80%的印尼國際銀行股權，以能夠符合20%股權是由民眾持股的條例。

然而，印尼資金市場與金融機構監督局在9月9日來函告知馬銀行，當局無法再三考慮馬銀行的兩項請求，因為這將會給新條例帶來負面印象，並逐漸侵蝕新條例的基本面和目標，甚至是印尼當局政策的可信度。

因此，馬銀行表示他們將尊重印尼當局的決定，而依據今年3月份簽署的股票買賣合約，在無法符合相關條件的情況之下，股權收購合約將正式於今年9月26日宣佈失效。

http://www2.orientaldaily.com.my/press.php?TASK=news&TYPE=LBZ&NEWS=2FcM0NXD047d89b404o99r7k1O4Q60J9