Ipo for bank muamalat, spin off from drb hicom. Baik jugak

Restart?

Khazanah Nasional Bhd plans to divest its entire 30% stake in Bank Muamalat Malaysia Bhd in the proposed merger between the lender and Malaysia Building Society Bhd (MBSB), sources say.

Proton + muamalat bank----> cool

Bank Muamalat Malaysia has the potential for growth and success, given its focus on Islamic banking. With the increasing demand for Sharia-compliant financial services, the bank can capitalize on this niche market. Continuous innovation, customer-centric strategies, and adapting to industry trends will be crucial for unlocking its full potential in the evolving financial landscape.

Bank Muamalat Malaysia Berhad
https://www.muamalat.com.my/investor-relations
Bank Muamalat Malaysia Berhad – Shareholders
WebJan 24, 2024 · The shareholders comprise DRB-HICOM, which holds 70% shares in the Bank while Khazanah Nasional Berhad holds the remaining shares. DRB-HICOM Berhad is …

www.drb-hicom.com/group-companies/banking/

Up 3 sen dah. Esok another few cents, 1.4++ ;)

52 week high was rm1.77 :)

Shareholder Yield for DRBHCOM is ‎10.4%‏ and above peers

DRB-HICOM Berhad is one of Malaysia's leading corporations, involved in the automotive manufacturing, assembly and distribution industry through its involvement in the passenger car and four wheel drive vehicle market segment, the national truck project and the national motorcycle project. Wikipedia
Subsidiaries: Proton Holdings, Puspakom, Edaran Otomobil Nasional, Pos Malaysia, More
Stock price: DRBHCOM (KLSE) RM 1.36 +0.02 (+1.49%)
13 Feb, 11:38 am MYT - Disclaimer
Parent organization: Etika Strategi Sdn. Bhd.
Headquarters: Shah Alam
Founder: Yahaya Ahmad
Founded: 2000
ISIN: MYL1619OO005
Number of employees: Approx. 47,000

Drb is cheap, PE is below 10, net assets per share rm3.91

Better to acquire quietly like geely did to Mercedes

Good also, geely or its founder holds 10% stake in drb like in mercedes. Can ask for a seat in the board of directors

Who will be buying? China funds? :)

Buy rate 89%@RM1.37 now

Up 3sen. 1.37, 1.4++ anytime :)

Dxn Holdings Berhad is a Malaysian company known for its focus on health and wellness products, particularly those related to the cultivation and processing of Ganoderma mushrooms. Here are a few reasons why some might consider Dxn Holdings Berhad to be good:Health and Wellness Products: Dxn produces a range of health and wellness products, including supplements and beverages, which appeal to consumers interested in natural and holistic approaches to well-being.Global Presence: Dxn has expanded its presence globally, allowing it to tap into diverse markets and reach a broad customer base.Ganoderma Expertise: The company's emphasis on Ganoderma mushrooms, believed to have various health benefits in traditional medicine, gives it a unique selling point in the wellness industry.Multi-Level Marketing (MLM) Structure: Dxn operates on a multi-level marketing model, providing opportunities for individuals to earn income by selling its products. This can be attractive to those looking for entrepreneurial opportunities.

KUALA LUMPUR: Foreign investors continued their trend of net buying on Bursa Malaysia, with an inflow of RM400.7 million, marking the third consecutive week of net purchases, said MIDF Research.

Proton, as a Malaysian automotive manufacturer, has shown significant potential in recent years. Its partnership with Geely has brought about advancements in technology, design, and market reach. The collaboration aims to enhance Proton's competitiveness, not only in Malaysia but also in the global automotive market.Proton's potential lies in leveraging Geely's expertise, accessing new markets, and introducing innovative models. Continuous investment in research and development, coupled with strategic partnerships, positions Proton to tap into the growing demand for sustainable and technologically advanced vehicles. Monitoring industry trends and consumer preferences will be crucial for realizing and maximizing Proton's potential.

DRB-HICOM is a Malaysian conglomerate with diverse business interests, including automotive, services, and property. Geely's partnership with DRB-HICOM, particularly in the automotive sector, provides strategic opportunities for both companies. The collaboration allows Geely to access the Malaysian market and leverage Proton's existing infrastructure, while DRB-HICOM benefits from Geely's expertise, technology, and global automotive insights. This partnership is aimed at strengthening Proton's position in the automotive industry and fostering mutual growth and development.

Geely is a Chinese automotive company, while DRB-HICOM is a Malaysian conglomerate with interests in various sectors, including automotive. Geely acquired a significant stake in Proton, a Malaysian automaker owned by DRB-HICOM, forming a partnership to enhance Proton's capabilities and expand its market presence. This collaboration has led to the introduction of new models and technology sharing between the companies.

Malaysia-based conglomerate DRB-Hicom and Chinese automaker Zhejiang Geely Holding Group Co., Ltd. (Geely) have signed a joint venture agreement to develop the Automotive Hi-Tech Valley (AHTV) in Tanjong Malim, Perak in Malaysia.

https://www.youtube.com/watch?v=4B55hgJeYCY

kwsp punya stake ~10% dalam drb boleh dijualkan semua kpd geely :)

kwsp ~10% stake dalam drb.. mantap
1619 DRBHCOM DRB-HICOM BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : EMPLOYEES PROVIDENT FUND BOARD
NRIC/Passport No./Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia
Address:
5th Floor, EPF Tower, No. 1, Persiaran Kwasa Utama 40150 Shah Alam Selangor
Malaysia
Descriptions (Class and Nominal Value):
Ordinary shares
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 10/01/2024
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 09/01/2024 Transferred 93 -
2. 09/01/2024 Transferred 93 -
Circumstances by reason of which change has occurred:
Transfer of 93 ordinary shares from Citigroup Nominees (Tempatan) Sdn Bhd -
Emplys Prvnt FD BD(CGS CIMB-SBL) to Citigroup Nominees (Tempatan) Sdn Bhd -
Employees Provident Fund Board-IC.
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 183,606,797 shares (9.4970%)
Total : 183,606,797 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

12/01/2024 07:00 AM


Ref Code: 202401123600080

bos geely ataupun geely harus acquire a stake in DRB macam kat mercedes :) wait n see

bagus.. 1.84... more to come

bagus... uptrend OTW.. majoriti rakyat cuma mampu beli kereta proton :)

Up 2sen already.

Usah miss the boat. Hehe

TOP 10 Investors (As of Latest Filing)
INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE FILING SOURCE
Etika Strategi Sdn Bhd 55.92 1,081.06 0.00 378.10 31-Mar-2022 Other Substantial/Declarable
Employees Provident Fund Board 9.98 192.97 -1.55 61.21 13-Jul-2023 Other Substantial/Declarable
Lembaga Tabung Haji 3.53 68.23 14.64 23.86 31-Mar-2022 Other Substantial/Declarable
Eastspring Investments Berhad 2.95 56.99 4.83 19.93 31-Mar-2022 Other Substantial/Declarable
The Vanguard Group, Inc. 1.52 29.46 3.16 10.31 31-Mar-2022 Other Substantial/Declarable
CIMB Bank Berhad 0.75 14.40 -3.77 5.04 31-Mar-2022 Other Substantial/Declarable
Dimensional Fund Advisors, L.P. 0.72 13.92 -7.22 4.87 31-Mar-2022 Other Substantial/Declarable
Vanguard Emerging Markets Stock Index Fund (US) 0.63 12.10 0.00 3.47 30-Jun-2023 MF
Tai Tak Estates Sdn. Bhd. 0.57 10.95 0.00 3.83 31-Mar-2022 Other Substantial/Declarable
Vanguard Total International Stock Index Fund 0.56 10.77 0.00 3.09 30-Jun-2023 MF

@WiraBoleh

Berapa saham drb Syed Mokhtar pegang?

12 hours ago

Analyst Consensus
Consensus Target PriceRM1.81
DifferenceRM0.48
Potential Gain/Loss (%)36.28%
Consensus Date06 Sep 2023
Outperform

https://thesun.my/motoring_news/proton-working-on-r3-variant-of-the-proton-s70-performance-upgrades-possible-IF12065692

Proton sold 12,882 units in January, best start to year since 2013
By Bernama / Bernama
05 Feb 2024, 05:13 pm

https://theedgemalaysia.com/node/699853

If drb is taken private, rm2 takda isu kot? :)

Syed Mokhtar weighs options for DRB-Hicom
Tycoon talking to banks about options including buyout of DRB-Hicom, say sources.

The Edge Malaysia
https://theedgemalaysia.com › node
DRB-Hicom, Geely form JV to develop Automotive Hi-Tech ...
11 Dec 2023 — DRB-Hicom Bhd has entered into an agreement to form a joint-venture (JV) company with China's auto giant Zhejiang Geely Holding Group Co Ltd ...

harga purata ~1.36 je hari ni... berani bila pihak lain takut, ya! :)

target RM2, retailers jual, kita kumpul hehehe

7216 KAWANKAWAN FOOD BHD Detailed Status Active. Member of Indices Consumer Products & Services
ISINMYL7216OO004Stock ExchangeBMListed OnMain MarketSectorConsumer Products & ServicesSub-SectorFood & BeveragesCurrencyMYRShares Per Lot100Share Issued362.982mPar Value-Paid Up Cap0.000Market Cap653.367mEntitlement-SyariahYesShort Sell IndicatorYesDelivery BasisReady

mantap 1.80+++ ... resting first :) 52w HIGH @rm2.28. Fun ride soon

It's noteworthy that Kawan Food Berhad's growth might contribute to addressing hunger by providing more food options. Addressing Malaysia & global hunger requires comprehensive efforts involving sustainable practices, local & international collaboration, and targeted initiatives.

Ok ok.. Target RM2, RM1.80+

Ramai dah happy ;)

Hong Leong Investment Bank (HLIB) has remained positive on DRB-Hicom Bhd due to the continued growth momentum of its renowned entity Proton Holdings Bhd.

The decision took into consideration Proton’s sales target of 310,000 units in 2030 and 500,000 units in 2035, its improving customer experiences as well as commitment to introduce new attractive models with improved production and cost efficiencies.

The research outfit has retained its “buy” call on DRB-Hicom with an unchanged target price of RM2.

EV plan on track

On a separate note, Wong said Proton’s electric vehicle (EV) implementation is on track with the first stage being the launch of its “smart” EV distribution in Malaysia and Asean by year end.

He noted that Proton is collaborating with Gentari Sdn Bhd for EV development, mobility and ecosystem of new energy.

“Furthermore, Proton is leveraging Geely’s knowledge and technology to develop its own EV range. Management has guided the new Proton EV model to be launched as early as 2025,” he added.

Wong also said Proton’s overall productivity and cost efficacy ratios have improved substantially over the years.

“We expect continuous improvement in product quality and cost efficiency as Proton consolidates its production to Tanjung Malim (from Shah Alam) by 2026 with investments into better equipped production plants, ” Wong concluded.

Proton’s electric vehicle (EV) is set to debut as early as 2025. This is according to Hong Leong Investment Bank (HLIB), which research note released yesterday maintained its ‘buy’ rating on DRB-Hicom’s stock.

“Management guided for the new Proton EV to be introduced as early as 2025.

MITI and the government wants a low priced Proton electric car for the mass market soon.

What is the range of the Proton electric car?

The batteries are 100 X 31 Ahr Cells, 370 volts. The EMAS can accelerate to 60 mph in 14 seconds and a maximum speed of 105 mph. Its full range is 350 miles and CO 2 emissions of 60 g/km.

$$$$$

Bagus, baik, terindah :)

Proton EV out in 2025, says HLIB Research. TANJUNG MALIM: Proton's management has revealed that a new EV (electric vehicle) model would be launched as early as 2025, according to a Hong Leong Investment Bank (HLIB) Research report on Wednesday.

Ok ok uptrend balik hehehe

*UOBKH Retail Market Monitor*
*2 February 2024*

FBMKLCI: 1,512.98 (+0.23)
Support: 1,500, 1,470
Resistance: 1,528, 1,570

*Bursa Top Gainers:*
TENAGA (+2.3%), CDB (+1.4%), PETDAG (+0.85%)

*Bursa Top Losers:*
MRDIY (-2.8%), YTLPOWR (-2.1%), YTL (-2.1%)

*Bursa Trade Statistics*
Local Institutions (39.7%): -RM175.1m
Local Retail (18.6%): +RM9.1m
Foreign (41.7%): +RM166.0m

*Global Equity Indexes*
MSCI Asia : 166.13 (-0.38, -0.23%)
NASDAQ : 15,361.64 (+197.63, +1.30%)
S&P500 : 4,906.19 (+60.54, +1.25%)
DJIA : 38,519.84 (+369.54, +0.97%)

USD/MYR : 4.7225 (-0.0077)
SGD/MYR : 3.5341 (+0.0031)

Crude Oil : $74.31 (-3.56)
Gold : $2,055.92 (+17.79)

U.S. stocks were higher after the close on Thursday, as gains in the Utilities, Consumer Services and Basic Materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.97% to hit a new all-time high, while the S&P 500 index gained 1.25%, and the NASDAQ Composite index added 1.30%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2235 to 677 and 63 ended unchanged; on the Nasdaq Stock Exchange, 2107 rose and 1290 declined, while 132 ended unchanged. (Source: Investing.com)


*Stocks To Watch:*

1) *CEKD* (KLSE: 0238)
Technical BUY with +27.0% potential return
* Last: RM0.50 TP: RM0.595, RM0.635 SL: RM0.425
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) *MHB* (KLSE: 5186)
Technical BUY on breakout (RM0.505) with +16.8% potential return
* Last: RM0.485 TP: RM0.555, RM0.59 SL: RM0.445
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) *DPS* (KLSE: 7198)
Technical BUY with +25.0% potential return
* Last: RM0.50 TP: RM0.58, RM0.625 SL: RM0.43
* Timeframe: 2 weeks to 2 months
* Shariah: YES

#$$$$$$