SKC761103

Bro, u dun like TSDS THP style but u like to keep his company in ur investment portfolio 😂😂

bonus share and share split are different.

Bonus share will affect figures in balance sheet. (eg. Paid Up, Retained Profit & etc)
Share Split wont.

Bonus share is different from share split.

According to pass record, QL give bonus issue every 3 years.

PUBLIC BANK BERHAD ("PBB" OR "COMPANY") - PROPOSED ACQUISITION OF THE ENTIRE CHARTER CAPITAL OF RHB SECURITIES VIETNAM COMPANY LIMITED ("RHBSVN" OR "TARGET COMPANY"), REPRESENTING 100% EQUITY INTEREST IN RHBSVN BY PUBLIC BANK VIETNAM LIMITED ("PBVN" OR "PURCHASER"), A WHOLLY-OWNED SUBSIDIARY OF PBB FOR A CASH CONSIDERATION OF VND374.00 BILLION ("PROPOSED ACQUISITION")

Mr Diamond.
Banking industries is a highly regulated sector. They can't expand without permission from MOF, BNM and related authorities.

Recently they are expanding in Vietnam and Cambodia.

Those old folks don't have nice slogan like T18 / Forward 23+ but Revenue and profit keep increasing.

For FY 2023, PBB's Net Profit will break new record.

Numbers told everything. They are old, slow but never stop moving forward.

If you want to invest PBB, you must study the differences btw PBB and MBB and/or CIMB.

PBB core business are Deposit Taking and Loan business. PBB does have corporate banking division and Investment Bank division but that's not thier target. For other income section, they focus on Unit trust business and bancassurance.

PBB's target groups are individuals and SMEs.

Another difference is PBB DOESN'T have Singapore, Thailand and Indonesia market.

For management, PBB still one of the best team compare to other local established bank. Most of them are retirees from BNM. PBB's always has Lowest NPL, CIR and High ROE.