Recently AFB appointed a new CEO after long time without a CEO. Bank's CEO require BNM approval... as such I think the deal between MBSB and AFB is ON.. logically BNM should not create another variable toward the end of merger talk.. The new AFB CEO COULD BE for the merger .. agreed by both parties and BNM informed.. do you think logical?
U should not worry if you invest for long term. Ive told many2 time here. Now time to enjoy the ride and watch our money growing. See you guys at top:)
For any bank share, for future MBSB, mana ada below RM2? Buy and u will not go wrong. My Chinese friends all told me, just follow Cold Eye, Chua Ma Yu and EPf are in, u will noy go wrong ! So i bought them earlier. Will keep for a long term. Look at the prices of all bank share prices.
If they release the positive news during this long weekend holiday..it could be above 1.50 by the end of next week..just assumption..But it look like the insiders already start their move..up more than 10% since yesterday
aliyusof For any bank share, for future MBSB, mana ada below RM2? Buy and u will not go wrong. My Chinese friends all told me, just follow Cold Eye, Chua Ma Yu and EPf are in, u will noy go wrong ! So i bought them earlier. Will keep for a long term. Look at the prices of all bank share prices. 21/04/2017 09:54 ========================================= he has a point here!! never come to my mind!!! now i will not let go this stock!!
We wish to announce that MBSB has on 21 December 2016, received a letter from Bank Negara Malaysia (“BNM”) dated 21 December 2016 which states that BNM has no objection in principle for Malaysia Building Society Berhad (“MBSB”) to commence negotiations with the existing shareholders of Asian Finance Bank Berhad (“AFB”) namely Qatar Islamic Bank, RUSB Investment Bank Inc, Tadhamon International Islamic Bank and Financial Assets Bahrain WLL for a proposed merger of MBSB and AFB (“the Proposed Merger”). BNM requires that the negotiations be completed within six months from the date of BNM’s letter. Further details of the Proposed Merger will be announced in due course. This announcement is dated 21 December 2016.
Aiyoh,sector finance very benefit,look Maybank cimb rhb price totally up,sure good....tp rm1.5 immediately just big volume 2 day, Look bursa la,8 year waiting now record rm9.7 n maybe rm15, Good sign indicate market for u ....
"strategic opportunity" mentioned in coming AGM Ordinary Resolution 11
The proposed Ordinary Resolution 11, if passed, will give powers to the Directors to issue new ordinary shares in the capital of the Company up to an aggregate amount not exceeding 10% of the paid-up share capital of the Company for the time being without having to convene a general meeting. This authority, unless revoked or varied at a general meeting, will expire at the next AGM. The purpose of the proposed mandate from shareholders is to provide MBSB the flexibility to undertake any share issuance during the financial year that is not material in nature under exceptional circumstances i.e. in the event that any capital management requirement to meet the prudential compliance capital leverage ratio or strategic opportunities involving equity deals which may require the Company to allot and issue new shares on
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Surewin123
12,594 posts
Posted by Surewin123 > 2017-04-21 09:44 | Report Abuse
fast fast collect