Posted by Panorama1 > 2020-08-20 20:19 | Report Abuse

Cruise ship operator Genting Hong Kong suspends payments to creditors
https://www.straitstimes.com/business/companies-markets/genting-hong-kong-suspends-payments-to-creditors?xtor=CS3-18&utm_source=STiPhone&utm_medium=share&utm_term=2020-08-20%2020%3A08%3A27

Posted by Shawalrich87 > 2020-08-21 13:33 | Report Abuse

Expect Selling pressure after bad news on genting Hong Kong default payment when Maybank and rhb bank are main lender .. read in the star and the edge

Posted by limkokthye > 2020-08-23 00:19 | Report Abuse

our saving in rhbbank finish, gone liao liao, keong gan liao ,

Posted by BATFLY > 2020-08-23 07:48 | Report Abuse

Bank stock more bad loan will surface next year..

Posted by limkokthye > 2020-08-23 15:41 | Report Abuse

genhk no money to pay rhbbank, if rhbbabk want the money back,take the ship go,and park it infront of hq rhbbank, let all the rhbbank depositor ,have a look inside and tell all rhbbank depositor customers,all your saving are gone, and we all have a ship,genting dreams ship

Posted by Good123 > 2020-08-24 10:55 | Report Abuse

OTHERS WINDING UP OF AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF RHB BANK BERHAD ("RHB BANK")

RHB BANK BERHAD
TypeAnnouncementSubjectOTHERS
DescriptionWINDING UP OF AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF RHB BANK BERHAD ("RHB BANK")

Further to the announcement made on 5 December 2019, RHB Bank wishes to announce that RHB Finance Hong Kong Limited, an indirect wholly-owned subsidiary of RHB Bank had, on 21 August 2020, commenced the application for Member’s Voluntary Winding Up pursuant to The Companies (Winding Up and Miscellaneous Provisions) Ordinance of Hong Kong.

 

The information of RHB Finance Hong Kong Limited is set out in the table below:

 

 

Name of Company

Place of Incorporation

Date of Incorporation

Principal Activity Prior To Dissolution

Registered Capital

1

RHB Finance Hong Kong Limited

Hong Kong

15 February 2007

Money Lending

HK$1

 

The Member’s Voluntary Winding Up of RHB Finance Hong Kong Limited will not have any material effect on the earnings and net assets of RHB Banking Group for the financial year ending 31 December 2020.

 

This announcement is dated 21 August 2020.





Announcement Info

Company NameRHB BANK BERHADStock NameRHBBANKDate Announced21 Aug 2020CategoryGeneral Announcement for PLCReference NumberGA1-20082020-00014

Posted by zhen wei & JP > 2020-08-24 20:16 | Report Abuse

Warning

Posted by tkl88 > 2020-08-24 20:55 | Report Abuse

Wow, Fantastic!
Oil price spike up to sky high again !
As at 8.42pm,
Nymex=> $42.76 ‪(+0.42) (+0.99 %)‬ !
Brent=> $45.‪40 (+0.47) (+1.05 %) !‬

Posted by tkl88 > 2020-08-24 23:46 |

Post removed.Why?

Posted by tkl88 > 2020-08-25 09:01 |

Post removed.Why?

Posted by tkl88 > 2020-08-25 16:33 | Report Abuse

As at 4.15 pm,
Dow Jones at=> 28,411.5 (+172.5) (+0.61 %) !

Posted by tkl88 > 2020-08-26 01:40 | Report Abuse

As at 1.27am,
Nymex at => $43.42 (+0.80) (+1.88 %)
Brent at => $46.37 (+0.73) (+1.60 percent) !

Posted by tkl88 > 2020-08-26 02:29 | Report Abuse

Gulf Of Mexico Drillers Shut In More Than 82% Of Oil Production
By Charles Kennedy - Aug 25, 2020, 9:00 AM CDT

Posted by tkl88 > 2020-08-26 02:29 | Report Abuse

https://oilprice.com/Energy/Energy-General/Gulf-Of-Mexico-Drillers-Shut-In-More-Than-82-Of-Oil-Production.html

Posted by tkl88 > 2020-08-27 21:32 | Report Abuse

Dow Jones futures as at 9.23pm:
28,419.5 (+107.5) (+0.38 %)

Posted by tkl88 > 2020-08-27 22:29 | Report Abuse

As at 10.18pm,
Dow Jones at =>
28,484.54 (+152.62) (+0.54 %) !

Posted by tkl88 > 2020-08-28 08:45 | Report Abuse

Dow Jones closed at=>
28,492.27 (+160.35) (+0.57 %) !

Posted by greencode > 2020-08-28 12:09 | Report Abuse

https://cilisos.my/genting-hks-currently-rm8-4bil-in-debt-and-cant-repay-it-is-genting-gonna-collapse/

Posted by greencode > 2020-08-28 12:09 | Report Abuse

Runnnnn

Posted by Choongling > 2020-08-28 14:49 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3219769

Posted by steven_c > 2020-08-28 15:19 | Report Abuse

Like the Big Brother also not giving out dividends eh? Banks very conservative now.

Posted by tkl88 > 2020-08-29 07:59 | Report Abuse

Wow, Amazing !
Oil price continue to spike up !
Brent=> $45.87 ‪(+0.27) (+0.59 %) !‬

Posted by tkl88 > 2020-08-29 10:06 | Report Abuse

Dow Jones closed at=> 28,653.87 (+161.60) (+0.57 %) !

Posted by Zuliana > 2020-08-29 11:15 | Report Abuse

RHB
Wow
Wow, cannnttteeekkk!
Oil price continue to spike up !
Brent=> $45.87 ‪(+0.27) (+0.59 %)

Posted by Zuliana > 2020-08-29 12:28 | Report Abuse

Super good
Look at the chart...
Good

Posted by abcd123 > 2020-08-29 13:53 | Report Abuse

what is the signal of not dividend declaration ? Thank you

Posted by Zuliana > 2020-08-29 15:05 | Report Abuse

Rhb my dearest stock
Dow Jones closed at=>
28,492.27 (+160.35) (+0.57 %)

Posted by Choongling > 2020-08-30 13:15 | Report Abuse

https://www.theedgemarkets.com/article/cimb-public-bank-rhb-bank-hong-leong-bank-hlfg-mpi-ytl-corp-drbhicom-top-glove-datasonic

Posted by Choongling > 2020-08-30 13:16 | Report Abuse

https://www.theedgemarkets.com/article/cimb-public-bank-rhb-bank-hong-leong-bank-hlfg-mpi-ytl-corp-drbhicom-top-glove-datasonic

Posted by Choongling > 2020-08-30 13:18 | Report Abuse

No dividend Q2 is very sad. Need cash soon.

Posted by Up_again > 2020-08-31 16:33 | Report Abuse

Rhb made more than rm100 million last quarter just for brokerage charges. This current July-sept quarter will be minimum rm 200 mil just from the brokerage arm.
Look at the daily traded value in Bursa and u can see Aug is a record month

Posted by ismadi > 2020-09-01 10:51 | Report Abuse

BNM had cut the OPR by a total of 125bps year-to-date to 1.75% to complement the equally robust fiscal measures aimed at buffering the economy from the impact of the pandemic. But with growth surprising on the downside and an arduous recovery path ahead notwithstanding, there is room for further monetary easing to support growth in the coming months

Posted by Panorama1 > 2020-09-01 11:30 | Report Abuse

At this juncture, investment in banking shares will need to be based on medium to long term time horizon. Banks will still have high exposures to Zombies Companies upon the expiry of loan moratorium, struggling SMEs and “chunky” loans to Aviation, hospitality, leisure, entertainment, retail, construction, properties & O&G sectors, which will definitely require additional provisions in view of the protracted & on-going Covid pandemic.

Posted by Panorama1 > 2020-09-01 11:43 | Report Abuse

Another OPR cut likely in view of the lackluster economic environment and will also aid struggling businesses & propel a much quicker economic recovery.

Posted by Panorama1 > 2020-09-01 15:30 | Report Abuse

It will trend lower but the price will definitely not collapsed. Earnings lower but still profitable even with higher NPLs.

Posted by tkl88 > 2020-09-01 19:05 | Report Abuse

As at 6.45pm,
Nymex at => $43.11 (+0.50) (+1.17 %) !
Brent at => $45.86 (+0.58) (+1.28 %) !

Posted by tkl88 > 2020-09-01 23:06 | Report Abuse

As at 10.45pm,*
Nymex at => $43.37 (+0.76) (+1.78 %) !
Brent at => $46.17 (+0.89) (+1.97 %) !

Posted by tkl88 > 2020-09-02 08:12 | Report Abuse

Wow, Amazing !‬
‪Dow Jones closed at=>‬
28,645.66 (+215.61) (+0.76 %) !

Posted by tradetoinvest > 2020-09-02 08:59 | Report Abuse

anyone has idea why other bank counter esp maybank drop so bad but rhb manage to maintain its position?

Posted by Junichiro > 2020-09-02 09:26 | Report Abuse

My guess - RHB exposure to GentingHK is 420 million. MBB exposure to GentingHk is 1.46 billion

Posted by INVEST_AA > 2020-09-02 11:16 | Report Abuse

@Junichiro Guess?? Hmm...

Posted by INVEST_AA > 2020-09-02 11:25 | Report Abuse

Maybe more shit coming out next Qtr and possibility of OPR cut....

Posted by tkl88 > 2020-09-02 17:20 | Report Abuse

Dow Jones continue it's bull run !
As at 4.57pm,
28,824.5 (+202.5) (+0.71 %) !

Posted by Choongling > 2020-09-03 03:43 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/09/02/rhb-completes-transfer-of-singapore-assets

Posted by Lau Choong Ling > 2020-09-03 03:56 | Report Abuse

RHB Bank also announced that RHB Securities Singapore has received relevant approvals from the regulators in Singapore for RHB Investment Bank’s proposed disposal of its entire equity interest in the former to Phillip Securities Pte Ltd.

Posted by tkl88 > 2020-09-03 07:56 | Report Abuse

Walaoeh, Dow Jones spike up 500 points,
Super bull is coming !
Dow Jones closed at=>
29,100.50 (+454.84) (+1.59 percent) !

Posted by tkl88 > 2020-09-09 16:27 | Report Abuse

Wow, Amazing !
Oil price already turn green and spike up like mad !

As at 4.15pm,
Nymex at => $37.52 (+0.76) (+2.07 %) !
Brent at => $46.17 (+0.62) (+1.56 %) !

Posted by tkl88 > 2020-09-10 07:15 | Report Abuse

Walaoeh, Dow Jones super bull run !‬

‪Dow Jones closed at=>‬ 27,940.47 (+439.58) (+1.60 %) !

Posted by tkl88 > 2020-09-10 15:45 | Report Abuse

OPR maintain at 1.75 %
Tommorrow onwards KLSE will spike up liao !

BREAKING : Bank Negara Malaysia decides to maintain the Overnight Policy Rate (OPR) at 1.75%, citing improvement in economic activity

https://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=5110&lang=en

Posted by Choongling > 2020-09-14 01:47 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3228353