Malayan Banking Berhad (Maybank) is principally engaged in all aspects of commercial banking and related financial services. The subsidiaries are principally engaged in the businesses of banking and finance, Islamic banking, investment banking including stock broking, underwriting of general and life insurance, general and family takaful, trustee and nominee services, asset management and venture capital. The Group's business segments comprise of Community Financial Services, Global Banking, International Banking, Insurance and Takaful, and Islamic Banking. Community Financial Services is the retail banking arm of the Bank, serving individual, Retail SME and Business Banking customers. The Global Banking segment includes Corporate Banking, Investment Banking, Transaction Banking (with four lines of business: Cash Management, Trade & Supply Chain Financing, Financial Institutions and Securities Services i.e. trustee and nominee services), Global Markets (providing treasury services including Foreign Exchange, Money Market, Fixed Income Markets, Derivatives and structured products) and Asset Management. International Banking includes commercial banking business operations in 19 countries including all 9 ASEAN countries outside Malaysia (Singapore and Indonesia being the largest markets) and the rest in strategic markets including Greater China, the Middle East, the United Kingdom and the United States. Insurance and Takaful segment provides all classes of general and life insurance, general takaful and family takaful, and offshore investment life insurance. Islamic Banking leverages on the Group’s infrastructure and network to offer end-to-end Shariah compliant financial solutions.
sbsoo111mbb CEO already told u 2014 year ROE is 15%, now u afraid pula... dont you think best in SEA is good things to u? u want further heigh? then u have to consider rbs, citibank, and all thus oversea bank lo
steelheart Just wondering guys. When does a company decide to give single tier dividend and when do they decide if they wanna give franked dividends? Is it just based on their good mood and financials? (what i always assume la) Or is there some sort of mechanism to it? Thanks.
jpleowIt has to do with the tax credit a company accumulated before 2008. From 2008, government allows a 6 years transition period where a company may pay franked dividend using the tax credit available in their section 108 account. After they finished their balance, they will have to go to single-tier dividends.
sbsoo111sure selling, because they wan tot get cheaper drp, have to suffer for another 2 weeks.
wm83i'm holding c2... what's your take? should i offload?
apprenticesbsoo, you are right. They are fixing the 5 day average price for the purpose of DRP. This drop always happens before DRP. Won't be surprised if DRP will be at RM 9.00. Maybank should be back to 10 after the price fixing, most probably by tomorrow.
sbsoo111i think the drp price will be higher than previous 9.2.. fyi, maybank lately no more offer new esos to their staff already. and the last esos given to their staff is at 9.65. i think the price wont go too much variant on 9.65