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发表于 23-6-2008 09:45 AM
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发表于 23-6-2008 10:23 AM
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发表于 23-6-2008 06:30 PM
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哈，１２樓的猜測證實了，果然有ｒａｎｈｉｌｌ的消息：
聯熹將注重下游工程及油氣業
即時新聞 國內財經 2008-06-23 17:22
（吉隆坡）聯熹（RANHILL,5030,主板建筑組）完成印尼油氣臂膀精簡和重組計劃，隨著完全脫離上游勘探業務後，未來將注重下游工程服務和投資已生產石油和天然氣資產，以降低上游勘探業務的風險和現金承諾。
聯熹發表文告說，獨資子公司聯熹能源私人有限公司（RESB）旗下的西爪哇能源（WJE），已和泛東方能源控股（POE）簽署協議，以650萬美元（約2117萬令吉）
現金加上值300萬美元（約977萬1000令吉）的泛東方能源機構（POEC）股權，全面脫售旗下的Bumi Parahyangan聯熹能源（BPREC）予泛東方能源控股。
BPREC擁有印尼Citarum油田分享產量協議的60%權益，Citarum油田目前仍在勘探程序；而POEC則是一家加拿大多倫多交易所，創業交易板上市公司。
隨著脫售上述印尼子公司，聯熹在印尼油田權益降低至Citarum8%、Jambi和Pamai Taluk分別7%，同時，減少對印尼油田的現金承諾，進一步增加集團現金流量。
星洲互動‧2008.06.23 |
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发表于 27-6-2008 04:34 PM
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发表于 27-6-2008 04:41 PM
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发表于 27-6-2008 05:24 PM
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1171
MBSB-EMPLOYEE SHARE OPTION SCHEME ("SCHEME")
LISTING'S CIRCULAR NO. L/Q : 50560 OF 2008
Kindly be advised that the abovenamed Company's additional 599,700 new ordinary
shares of RM1.00 each issued pursuant to the aforesaid Scheme will be granted
listing and quotation with effect from 9.00 a.m., Monday, 30 June 2008.
Sr. Mgr. Issuers, Listing Div.
什么意识？
大起是不是陷阱？？？？？？？？？ |
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发表于 27-6-2008 05:31 PM
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发表于 27-6-2008 05:37 PM
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发表于 27-6-2008 07:52 PM
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楼主 |
发表于 4-8-2008 09:44 AM
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新闻。
Monday September 10, 2007
A cooperative bank, Bank Rakyat lends mainly to civil servants. Bank Rakyat may find it's time for a listing on Bursa Malaysia, and to kill two birds with one stone, it could merge with a financial services company that is already listed. Malaysia Building Society Bhd (MBSB), which is also a deposit-taking and lending company, is a prime candidate for this.
The latest media report on this, at the end of last month, said Bank Rakyat might offer RM2 a share for MBSB, which it described as a steep premium over the latter's asset per share of RM1.29.
MBSB's share price climbed each day from RM1.20 late last month to RM1.61 on Friday.
That price action could partly be due to the anticipation of an offer of RM2 a share from Bank Raykat.
Investors should, however, bear in mind the information in that report may be factually incorrect. For the purpose of an acquisition price, MBSB's net assets per share would not be treated as RM1.27 which was stated in its latest quarterly results. The reason is MBSB has RM165mil of redeemable convertible preference shares (RCPS) that are convertible into 330 million new MBSB shares.
Upon their full conversion, MBSB's issued share capital would almost double to 675 million shares, and its net assets per share would be diluted from RM1.27 to about 64 sen.
Hence, an offer of even two times book value for MBSB, after taking into account the dilution effect of the RCPS, would be about RM1.28 a share. A hoped-for offer of RM2 works out to 3.1 times MBSB's book value, which is far too high.
A fair value for MBSB would be closer to RM1.20, and investors also have to bear in mind that Bank Rakyat might not make a general offer (GO). A premium for MBSB at this stage could be justified on the potential of an injection of Bank Rakyat into MBSB, but that may take some time even if the deal goes through.
http://biz.thestar.com.my/news/s ... 75&sec=business
Wednesday June 4, 2008
MBSB upbeat on 25% growth
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) is optimistic of achieving its internal target of at least 25% growth in its loans base this year, according to chief executive officer Ahmad Farid Omar.
This, together with a 15% revenue growth and maintaining a minimum return on equity of 7% formed the financier’s headline key performance indicators for the fiscal year ending Dec 31, 2008, which were filed with Bursa Malaysia.
Farid noted that MBSB’s share of the loans market was about 2%, which provided much room for improvement.
Ahmad Farid Omar
The financier’s niche lay in offering competitive loans for low medium to mid-cost residential properties, he said after the company AGM yesterday.
These properties are “sellable” as they cost less than RM500,000.
Furthermore, MBSB plans to enlarge the personal loan portfolio given its attractive margins. On average, it is approving about RM20mil worth of personal loans every month.
The financier had tied up with the National Heart Institute and Universiti Kebangsaan Malaysia Hospital to offer MBSB Assist, a special medical product, Farid noted.
It has also introduced a contract financing product to help small and medium businesses and revisited its bancassurance products.
MBSB would add by year-end seven new branches nationwide to the existing 27 outlets to reach out to more customers, Farid said.
On the entry of a foreign shareholder in MBSB, Farid said shareholders were informed during the AGM that a due diligence was currently under way.
However, no further details were provided, he said.
There were earlier reports that the Employees Provident Fund, which holds 54% of MBSB, was in talks with a party from the Middle East.
http://biz.thestar.com.my/news/s ... 22&sec=business
Saturday June 21, 2008
MBSB expected to be taken private
By JAGDEV SINGH SIDHU
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) is expected to be taken private next month for shareholders to transform the company into a niche player in the financial market.
Investors from Abu Dhabi, together with the Employees Provident Fund (EPF), are expected to make a general offer of between two and three times the book value of the company that would lead to the Middle Eastern investors taking a 30% stake in the company. Control would reside with EPF.
“MBSB has been plagued with NPLs (non-performing loans) for many years and, although the EPF has turned it around, the entry of a strategic Abu Dhabi investor will certainly provide a catalyst to take MBSB to the next level of growth and development with a clean balance sheet,'' a banking source said.
The shareholders are then expected to clean up the company's balance sheet by setting up an NPL fund that would buy RM1.45bil worth of NPLs from MBSB.
The existing real estate portfolio within MBSB will be regrouped and, where possible, injected into a real estate investment trust.
“MBSB will be asset light,'' the source added.
Shareholders will then take MBSB in a new direction where it will set up a real estate fund specialising in medium-cost houses.
The fund would buy and lease the houses to prospective homeowners for a minimum period. After a number of years, tenants would be given the option to buy the houses.
“The lease-and-option-to-buy scheme is probably going to be the same cost as the current method of buying a home in Malaysia,'' the source said. “MBSB is going back to its original cause and will be using the Middle Eastern money to stimulate the medium- to low-cost housing market.''
MBSB will earn a fee by managing the fund that will start with a size of US$1bil. MBSB also has an avenue to unlock the value of its property fund.
“It's kind of having a big balance sheet in an off-balance sheet structure,'' the source said.
One avenue being explored by MBSB is to take its business to the Middle East via the help of the new Abu Dhabi investors.
http://biz.thestar.com.my/news/s ... 24&sec=business |
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楼主 |
发表于 4-8-2008 10:06 AM
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新闻。
Sunday, June 22, 2008
ASEAMBANKERS - Malaysia Building Society Bhd (RM1.59)
To be taken private? TP: MBSB RM1.59
FYE Dec (RM m) 05A 06A 07A
Pretax profit 25.5 30.4 43.3
Net profit 38.8 40.2 53.2
EPS (sen) 11.5 11.9 15.4
PER (x) 13.9 13.4 10.3
P/B - basic 1.4 1.3 1.2
P/B - fully diluted 2.8 2.6 2.3
MBSB may be taken private by EPF and a consortium of 3 government linked companies from Abu Dhabi. A special purpose vehicle would be formed to buy
up the stake in MBSB, at a P/B to 2-3x. (Source: The Edge Weekly)
Comments:
Trading opportunities? EPF is the largest shareholder of MBSB (62.4% now, and 73.5% after the conversion of redeemable convertible preference shares
[RCPS]) while PNB is the second largest shareholder (11.1% now, and 13.1% after the conversion of RCPS).
Thus, it should not be too difficult to take MBSB private which has a public float of 26.5% now, and 13.4% post-RCPS conversion. MBSB has a BV/shr of RM1.33 (basic) and RM0.69 (fully diluted for RCPS conversion) as at end-07. Thus, at a 2-3x P/B, this would imply a RM1.38- RM2.07 potential price (based on fully diluted BV/shr) to take MBSB private.
There is therefore trading opportunity in the stock, which closed last Friday at RM1.59 per share. |
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楼主 |
发表于 4-8-2008 10:29 AM
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发表于 4-8-2008 10:38 AM
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楼主 |
发表于 4-8-2008 10:52 AM
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发表于 4-8-2008 12:10 PM
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从16/04/2008开始MBSB就说"due diligence exercise"在进行中。。。
| General Announcement | | Reference No MB-080416-36120 |
| Company Name | : | MALAYSIA BUILDING SOCIETY BERHAD | | Stock Name | : | MBSB | | Date Announced | : | 16/04/2008 |
| Type | : | Announcement | | Subject | : | | ARTICLE ENTITLED: "NEW TALKS ON MBSB STAKE" |
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| | Contents | : | We refer to the above article appearing in The Star, Pages B1 and B3, Star Biz Section on Wednesday, 16 April 2008.
Malaysia Building Society Berhad (“MBSB” or “the Company”) wishes to inform Bursa Malaysia that a due diligence exercise is currently being conducted.
Other than the above, the Company has no information on the above mentioned article.
This announcement is dated 16 April 2008. |
| |
| General Announcement | | Reference No MB-080526-57248 |
| Company Name | : | MALAYSIA BUILDING SOCIETY BERHAD | | Stock Name | : | MBSB | | Date Announced | : | 26/05/2008 |
| Type | : | Announcement | | Subject | : | MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" or "the Company")
ARTICLE ENTITLED: "NEW TALK ON MBSB STAKE" |
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| | Contents | : | Further to our announcement dated 16 April 2008, we wish to inform that the due diligence is still in progress.
This announcement is dated 26 May 2008. |
| |
| General Announcement | | Reference No MB-080623-44443 |
| Company Name | : | MALAYSIA BUILDING SOCIETY BERHAD | | Stock Name | : | MBSB | | Date Announced | : | 23/06/2008 |
| Type | : | Reply to query | Reply to Bursa Malaysia's
Query Letter - Reference ID |
| : | KH-080623-44233 | | Subject | : | | ARTICLE ENTITLED: MBSB EXPECTED TO BE TAKEN PRIVATE / MBSB PRIVATISATION ON THE CARDS |
|
| | Contents | : | Werefer to the above articles appearing in the Star, Page B1, Star BizSection on Saturday, 21 June 2008, The Edge, Page 1 on Monday, 23 June 2008, your query dated 23 June 2008 and our announcement on 26 May 2008.
Malaysia Building Society Berhad (“MBSB” or “the Company”) wishes to inform Bursa Malaysia that the due diligence exercise is currently being conducted.
Other than the above, the Company has no information on the above mentioned articles.
This announcement is dated 23 June 2008. |
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[ 本帖最后由 Mr.Business 于 4-8-2008 12:12 PM 编辑 ] |
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发表于 4-8-2008 12:30 PM
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楼主 |
发表于 4-8-2008 03:51 PM
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我留意MBSB很久了。。。其实我还真的相信这私有化的故事呢。。。
31/03/2008， MBSB的equity有RM499.68M，票数是361.38M股，每股net asset是RM1.38。
RCPS将在22/08/2008到期，30天自动转换成330M股，到时MBSB的票数将是691.38M股，每股net asset是RM0.72。
EPF转换RCPS后，股份从62.4%提高到73.5%，相信将因此得展开全面收购。我不知道EPF会不会申请豁免，不过我觉得EPF很可能在这时宣布重大计划。有可能是EPF宣布以每股RM2的价钱将MBSB的30％股份卖给中东人；或者和中东人一起私有化MBSB，然后再进行重组。
因此我刚刚在RM1.53的价钱买进MBSB，等这一两个月EPF的宣布。
PS：买卖自负。
原帖由 Mr.Business 于 4-8-2008 10:06 AM 发表
MBSB may be taken private by EPF and a consortium of 3 governmentlinked companies from Abu Dhabi. A special purpose vehicle would beformed to buy up the stake in MBSB, at a P/B to 2-3x. (Source: The Edge Weekly)
Comments:
Trading opportunities? EPF is the largest shareholder of MBSB (62.4% now, and 73.5% after the conversion of redeemable convertible preference shares [RCPS]) while PNB is the second largest shareholder (11.1% now, and 13.1% after the conversion of RCPS).
Thus, it should not be too difficult to take MBSB private which has a public float of 26.5% now, and 13.4% post-RCPS conversion. MBSB has a BV/shr of RM1.33 (basic) and RM0.69 (fully diluted for RCPS conversion)as at end-07. Thus, at a 2-3x P/B, this would imply a RM1.38- RM2.07potential price (based on fully diluted BV/shr) to take MBSB private.
There is therefore trading opportunity in the stock, which closed last Friday at RM1.59 per share.
THE MALAYSIAN CODE ON TAKE-OVERS AND MERGERS, 1998 ("CODE")
Pursuant to the Code, a person whose stake in the Company is increased to beyond 33%, or holds more than thirty three percent (33%) but less than fifty percent (50%) of the voting shares of a company and such person acquires in any period of six (6) months more than two percent (2%) of the voting shares of the company, the person should undertake a mandatory general offer for the remaining ordinary shares of the company not already owned by the said person.
[ 本帖最后由 Mr.Business 于 25-8-2008 03:58 PM 编辑 ] |
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楼主 |
发表于 11-8-2008 05:40 PM
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今天MBSB很热。。。
MBSB
(1171) 17:40:04
Last Done 1.530
Change 0.020
Day High 1.590
Day Low 1.510
Best Buy 1.530
Best Sell 1.560
Volume(Lot) 7605 |
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发表于 11-8-2008 06:14 PM
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回复 38# Mr.Business 的帖子
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版主您买mbsb是因为看好它会被私有化(变相赌博)，抑或是based on价值投资法? |
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发表于 11-8-2008 07:23 PM
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 本周最热论坛帖子
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save and except that they will not be entitled to any dividends, rights and/or distributions, the entitlement date of which precedes the date of allotment of the new MBSB Shares.
3104 
51
