508m+355m=863m/715m shares is already rm1.++

Btw 65sen is not special at all lol

The proposal will go through with or without any special dividend proposed

Need affin to speed thing up, they have no announcement yet

51% is worth RM508.16m

Mind sharing what the edge said about mphbcap here? please

Drop 1 cent,this is ridiculous unbelievable unacceptable lol upat

upat are pressing the price now

To be exact is more than 5 years, not 3,4 years

Then why don't they do it earlier? they let the cash sit in the bank for 3,4years until recently they decide to invest

The company deliberately switch out all the cash in bank to investment, they are plotting something to screw minority share holder

Let just hope affin and generali can agree on the remaining unsigned share sale condition and submit it to bnm within a month,pray

I believe the price will be trading at above rm2 this month, unless some upat are pressing it

Now the sale is confirmed, Maybank ib target is back?
https://www.theedgemarkets.com/article/results-preview-no-negative-surprises-mphb-says-maybank-ib

Special dividend should be more than 0.40, assuming 0.05per year is what we should have got from the company
https://www.theedgemarkets.com/article/update-mphb-capital-cancels-final-dividend-after-bank-negara-disapproves-payout

Within 1 month from 6 may
https://themalaysianreserve.com/2022/05/09/mof-approves-affins-disposal-of-axa-affin-to-generali/

On track,it said
https://themalaysianreserve.com/2022/03/28/hlib-maintains-buy-on-affin-bank-on-favourable-risk-reward/

Did the deal go through?
https://www.thestar.com.my/business/business-news/2022/03/23/malaysia039s-financial-services-sector-saw-31-ma-worth-us163bil-in-2021

123 please sell, you bring bad luck to this stock and we are all suffering bcz of you.sad

MoF approved 10k epf withdrawal in 1,2day, but still can't approve our insurance disposal, yikes

Lazy people doing lazy slow job

Almost 9 months now since the application,I think bnm already sent it up to mof,now is waiting for mof approval

Karma

If all goes well, hopefully can get approval from bnm in October,pray harder.

In August, RHB Bank group MD Datuk Khairussaleh Ramli (picture) said the lender hopes to complete the sale of its general insurance business to Tokio Marine Asia by the first quarter of 2020 (1Q20).

“We hope to complete the discussions by end-October and make a submission to BNM within November. If all goes well, we can hopefully complete the deal by the end of 1Q20,” he told a media briefing.
https://themalaysianreserve.com/2019/12/13/rhb-tokio-marine-call-off-insurance-deal/

It's not I watch too many movies theory already, nowadays many movies are actually based on true story.

China is not the origin, but they are the first one to take action against the virus,and got blame.
It's proven that china is right, they are back to normal so fast already.

American is very suspicious, they are one of the worst country affected by covid but how come there is no variant coming out from them?
They hated the Chinese so much but can't treat them like Afghanistan, the best option was biological attack in the center of china,Wuhan.
WHO is not the dog of china as the western claimed,they were american dog,see fort deTrict.

Yesterday I got my first shot vaccine,I was hoping to be given sinovac or cansino since the government say there's shortage and slow delivery from the Western vaccines, but I get Pfizer.well whatever
Western media attack on china vaccine mean china vaccine is good.

Not a good closing.... shooting star....+.... going down again.

Political stabilize for now,most important is zafrul is back as finance minister,he got good relations with bankers, good for the deals to passed.

RM3.6+billion worth of GDP

Confident boosted, maybe that's why it price go up this 2 days,and government need this to boost GDP.
https://www.theedgemarkets.com/article/ammbs-51owned-unit-sells-amgeneral-insurance-rm229b-cash-and-shares-deal-liberty-mutual

It's incredible that they already lost the majority but still can govern, the Malai is sure overbearing and arrogant

They gonna dissolve the parliament, pending announcement

This Zahid are fighting So desperate to escape jail

No wonder yesterday so quiet... the insider's know about the Zahid late night press conference

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3171645

I have car insurance with mpigenerali, recently i received a newsletter sms from mpigenerali about their merger with axa, but l can't seem to load their website,can anybody here go on the website?
I think this is a good omen, they're confidant about this deal, maybe they are updating a new website without mpi.

https://themalaysianreserve.com/2017/03/31/bnm-reiterates-merger-for-insurance-companies/

MACD trending down

BNM approval need 6 months,and it need another 6months to finish the merger, that's why you can see the share price so relax, it's not rushing at all, no need to panic buy,can still wait for a lower price.

Inline with BNM insurance company foreign shareholding of 70%
https://www.theedgemarkets.com/article/generali%E6%8E%B713%E4%BA%BF%E8%B4%AD%E5%AE%89%E7%9B%9B%E8%89%BE%E8%8A%AC%E8%81%94%E8%90%A5%E5%A4%9A%E6%95%B0%E8%82%A1%E6%9D%83%E5%8F%8A%E5%85%A8%E8%B4%ADmpi-generali

If it's gonna emerge with axa,BNM might approved the 51% sale
https://www.theedgemarkets.com/article/frances-axa-sell-malaysia-insurance-businesses-generali

John zhang , you should just ask them to use the 296,091,000 share premium to distribute bonus share to us share holders, it's do not need BNM approval to distribute bonus share,if not wrong.

Because it might take them forever to find another buyer, even if this deal go through, it'll take them years to finish.

John zhang , you should ask them to use the 296,091,000 share premium to distribute bonus share to us share holders, it's do not need BNM approval to distribute bonus share,if not wrong.

https://www.theedgemarkets.com/article/mphbs-talks-sell-insurance-arm-limelight

Almost 7 month discussion with generali already, normally bnm give 6 months for m&a discussion talk,walao eh lousy management