【MBSB 1171 交流专区】马建屋

APULA

若合併RHBCAP、CIMB、MBSB 6137億資產成銀行一哥
企業財經10 Jul 2014 17:43
http://www.chinapress.com.my/node/542129
　
（吉隆坡10日讯）兴业资本（RHBCAP，1066，主要板金融）、联昌集团（CIMB，1023，主要板金融）及马建屋（MBSB，1171，主要板金融）或大合并，分析师估计，若属实，兴业资本每股价码料10.12令吉，3家金融机构合并后总资产将高达6137亿令吉，届时马银行（MAYBANK，1155，主要板金融）“银行大哥”地位不保！
市值将达900亿

目前，马银行总资产约5780亿令吉；联昌集团、兴业资本及马建屋总资产则分别约3800亿4000万令吉、1969亿4000万令吉及367亿4000万令吉，合并总资产6137亿令吉，大幅超越前者，势必成为国内银行界新霸主。

大众投资研究分析师在报告中指出，倘若合并消息成真，让3家金融机构合并的价码将是关键；市场揣测将以账面1.75倍价格成交，并以换股方式完成。

“兴业资本是3造中唯一股项遭低估的公司，截至3月底以账面1.29倍交易，联昌及马建屋分别以1.68倍及1.6倍交易，若献购价为账面1.5倍，兴业每股将要价10.12令吉，比周三（9日）闭市价8.72令吉溢价16%。”

若这项交易以换股方式完成，他亦相信以每股10.80令吉入股的Aabar投资会同意这项献议，毕竟该公司投资至今已获58仙股息，交易完成后尚可持股。

日前报导引述消息指出，若以账面1.75倍计算，兴业资本市值约300亿令吉，马建屋市值则达68亿令吉，加上联昌集团，新公司市值将达900亿令吉。

icy97

Type	Announcement
Subject	OTHERS
Description	BANK NEGARA MALAYSIA ("BNM") APPROVAL TO COMMENCE NEGOTIATIONS AND EXCLUSIVITY AGREEMENT BETWEEN MALAYSIA BUILDING SOCIETY BERHAD (“MBSB”), CIMB GROUP HOLDINGS BERHAD (“CIMB GROUP”) AND RHB CAPITAL BERHAD (“RHB CAPITAL”)
We wish to announce that BNM has, via its letter dated 10 July 2014, stated that it has no objection for MBSB, to commence negotiations with (i) CIMB Group and/or its nominees; and (ii) RHB Capital and/or its nominees for a proposed merger of their businesses and undertakings and the creation of an enlarged Islamic banking franchise  (“Proposed Merger”).  The approval to commence negotiations is valid for a period of 6 months from the date of BNM’s letter. (MBSB, CIMB Group and RHB Capital are collectively defined as the “Parties”) Pursuant to BNM’s approval, the Parties have on the same day, entered into an exclusivity agreement to negotiate and finalise pricing, structure, and other relevant terms and conditions for the Proposed Merger for a period of ninety (90) days  (unless otherwise agreed by the Parties) (“Exclusivity Period”).  There will be an automatic extension of the Exclusivity Period upon submissions being made to BNM by the Parties on the Proposed Merger until the date of execution of the relevant definitive agreement(s) to effect the Proposed Merger. All consideration used to effect the Proposed Merger shall be referenced to the respective closing market price of MBSB, CIMB Group and RHB Capital as at 9 July 2014. Further details on the Proposed Merger will be announced in due course. This announcement is dated 10 July 2014. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1682397

Attachments 20140710 press release - cimb, rhb and mbsb exploring merger (final).pdf

APULA

联昌兴业马建屋合併
财经 2014年7月10日
http://www.orientaldaily.com.my/index.php?option=com_k2&view=item&id=126556:&Itemid=198

（吉隆坡10日讯）联昌国际（CIMB，1023，主板金融股）、兴业资本（RHBCap，1066，主板金融股）及马建屋（MBSB，1171，主板金融股）今天宣佈，取得大马国家银行的批准，以商討合併联昌国际和兴业资本的业务，以及和马建屋打造大型伊斯兰银行的计划。       

3家金融机构在晚间联名发文告宣佈，联昌国际和兴业资本及马建屋签了一项长达90天独家协议，商討3家併购案及成立大型伊斯兰银行的所有细节，包括收购价、公司架构和其他相关条件。是项协议含自动延长商议时间的条款。

在经歷了97年亚洲金融风暴后，大马政府为了建立更稳定金融市场，开始大力推动银行领域的合併。2001年金融领域大蓝图中，大马政府採用强制手段要求国內金融机构合併，將当时大马多达50家的金融公司被整合成10家主导银行。这也是大马金融体系第一阶段的整合潮。

隨后国家银行交由市场决定银行的合併进程，在过去10年间，市场出现两项银行合併活动，分別是2006年土著联昌银行和南方银行合併成为今日的联昌国际；以及在2011年丰隆银行收购国贸银行。目前国內仍有8间本地银行。

这一次涉及3家金融机构的大合併，將把本地银行的间数减少至7家，並预期將打造出大马最大的金融机构。不但威胁原本的行业龙头-马银行的地位，也將让行业的排名重新洗牌，这是否引发另一轮金融整合潮，相信会是市场人士密切关注的发展。

兴业资本董事经理甘志强在今日的文告中表示，「我们相信这项併购可以带来更多內在价值和商机。我们希望通过这一次的商谈作进一步的探討。」

同时，联昌国际首席执行员拿督斯里纳西尔说，「我们將商討细节以落实这项创造更大价值的3方併购。」

而马建屋总裁兼首席执行员拿督阿末再尼奥斯曼则说，「这是我们晋身变成大型伊斯兰银行的机会，我们对此感到兴奋。」

僱员公积金局是这3家金融机构的大股东，分別持有马建屋的65%，兴业资本的41%以及联昌国际的15%股权。联昌国际另一大股东为持股29%的国库控股。

此前，市场已经多次传出由僱员公积金局持有的兴业资本和马建屋合併的传言，但是，一直都只闻楼梯响。对於合併的传言，两家公司的管理层指最终决定权在大股东手上，管理层只是执行大股东做出的选择。

而联昌国际近年持续通过併购壮大规模，这项合併將可实现该公司成为过內资產规模最大银行的心愿。

联昌国际、兴业资本及马建屋週三闭市之后，要求于週四（10日）暂停1个交易日，以便作出重大宣布，3家公司停牌前，分別收在7.24令吉、8.72令吉及2.34令吉。3家公司將在週五復牌。

dada112

不知还会不会上升...

sp13501

听说收购价大概 2.60而已！（信者责任自负）

sengtong88

MBSB应该持有吗？
持有多久最合理？因为据说只能换0.3CIMB罢了。。

icy97

MALAYSIA BUILDING SOCIETY BERHAD

Type	Announcement
Subject	OTHERS
Description	Quarterly Financial Report pursuant to Paragraph 9.22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
We wish to inform that Malaysia Building Society Berhad ("MBSB") has scheduled to release its' financial results for the second quarter ended 30 June 2014 on Thursday, 14 August 2014 in accordance with Paragraph 9.22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. This announcement is dated 1 August 2014.

icy97

为公司未来前程 马建屋CEO不介意下台

财经新闻 财经  2014-08-09 11:04
（吉隆坡8日讯）马建屋（MBSB，1171，主板金融股）总裁兼总执行长拿督阿末再尼表示，不介意为了公司未来前程，卸下目前的重任。

阿末再尼在开斋节开放门户活动上向媒体表示，“未来，为了公司和股东着想，我不介意下台。”

他续称：“对我来说，最佳领导人是可以掌控任何公司，因为能力才是最重要。”

另外，他也针对会否执行自愿离职计划时表示，目前仍言之过早。

“直到谈判结果，我们都不能肯定任何事情。”

7月初，联昌国际（CIMB，1023，主板金融股）、兴业资本（RHBCAP，1066，主板金融股）和马建屋宣布，获国家银行批准洽谈合并计划，并签署了长达90天的独家谈判协议。

若事成，则有望成为全马最大回教银行，资产规模可达6亿1370万令吉，超越马银行（MAYBANK，1155，主板金融股）截至3月的5亿7800万令吉。

称霸国内立足国际

阿末再尼说：“希望合并成为大型银行业者后，不只可称霸国内，也可立足国际。”

他说，目前三方谈判进度良好，现已着手研究财务和法律问题。

“一家合并公司理应可为未来创造价值，大家都很努力地为合并计划打拼。我想，国行也希望回教银行的发展可更上一层楼。”【南洋网财经】

APULA

撥備低‧商貸車貸表現佳‧馬屋業次季淨利揚41%
2014-08-14 17:50   
http://biz.sinchew.com.my/node/100175?tid=6
   
（吉隆坡14日訊）歸功於低貸款損失撥備，以及企業和汽車貸款獲利和利息收入增長，馬屋業（MBSB,1171,主板金融組）截至2014年6月30日止第二季淨利，從前期的1億6千510萬5千令吉，增長41.03%，至2億3千285萬5千令吉，拉動上半年淨利走高29.7%至4億2千958萬9千令吉，去年同期為3億3千124萬9千令吉。

第二季營業額達6億7千208萬2千令吉，按年增幅9.4%，首半年營業額走揚13.8%至13億3千919萬2千令吉。

馬屋業總裁兼首席執行員拿督阿末再尼在文告中指出，儘管市場營運環境嚴峻，但集團在第二季仍取得盈利增長、營業額和資產品質改善的好成績。

“我們的整個核心業務都對此財報帶來貢獻，其中零售和企業商業資產走揚為業務表現改善的主因。”

同時，他指出，集團積極與聯昌集團（CIMB,1023,主板金融組）和興業資本（RHBCAP,1066,主板金融組）展開“世紀大整合”相關事宜，並不斷對各種選項進行探討，以確保集團能為整合後集團帶來良好價值。

回顧次季表現，馬屋業淨股本回酬從首季的26.2%改善至27.6%，超越全年關鍵績效指標（KPI）的15%目標，首6個月企業商業貸款活動按年增長15%，而淨貸款、預支和融資增長0.7%至305億令吉。

馬屋業指出，集團整體財務狀況依舊強穩，將跟隨2014年商業規劃延續商業和新策略增長環節的擴張步伐。（星洲日報／財經）

SUMMARY OF KEY FINANCIAL INFORMATION 30/06/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/06/2014	30/06/2013	30/06/2014	30/06/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	672,082	614,298	1,339,192	1,176,773
2	Profit/(loss) before tax	310,892	247,589	577,856	484,699
3	Profit/(loss) for the period	232,855	165,105	429,589	331,249
4	Profit/(loss) attributable to ordinary equity holders of the parent	232,855	165,105	429,589	331,249
5	Basic earnings/(loss) per share (Subunit)	8.85	9.78	17.22	22.37
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.5068		1.2508

icy97

Type	Announcement
Subject	OTHERS
Description	Economic Profit and Loss Statement for the period ended 30 June 2014
Malaysia Building Society Berhad (“MBSB” or “the Company”) would like to announce its Economic Profit and Loss Statement for the period ended 30 June 2014. ECONOMIC PROFIT AND LOSS STATEMENT FOR THE PERIOD ENDED 30 JUNE 2014 Economic profit or loss is an amount earned for a period by a business after deducting the operating expenses and a charge of opportunity cost of capital employed. The economic profit and loss statement set out in Table 1 is disclosed on a voluntary basis. The assumptions used in computing the economic profit/loss are set out below: (i) The cost of equity is calculated based on the following formula: Cost of equity = (Beta x Market Risk Premium) + Risk Free Rate (ii) The Beta used in the calculation is the 5 years adjusted Bloomberg Rate: Quarterly Period Beta 2nd Quarter 2014=1.396 4th Quarter 2013=1.414 2nd Quarter 2013=1.400 (iii) The risk free rate is the rate of return of a 10-year Malaysian Government Securities at the closing of the reporting period: Risk Free Rate At 30 June 2014=4.113% At 31 December 2013=3.765% At 30 June 2013=3.700% (iv) The market risk premium is assumed at 4.76%, which represents the market return in excess of the return earned on risk free asset. TABLE 1 30 Jun 2014 6 months (Unaudited) RM’000 31 Dec 2013 12 months   (Audited) RM’000 Group profit after taxation 429,589 597,568 Less: Cost of capital employed (167,174) (216,183) Economic profit 262,415 381,385 This announcement is dated 14 August 2014.

Type	Announcement
Subject	OTHERS
Description	Headline Key Performance Indicators for 2nd Quarter 2014
Malaysia Building Society Berhad (“MBSB” or “the Company”) would like to announce its achievement for the 2nd quarter 2014 as compared to the 2014 Headline Key Performance Indicators (“KPIs”). HEADLINE KPIs The Company would like to announce the target Headline KPIs for 2014 as set out in Table 1. These KPIs have been set and agreed by the Board of Directors and Management of the Company as part of the broader KPI framework that the Company has in place, as prescribed under the Government Linked Company (“GLC”) Transformation program and is disclosed on a voluntary basis. It should be noted that these headline KPIs are targets or aspirations set by the Company for the respective years as a transparent performance practice. The KPIs should not be construed as estimates, forecasts or projections of the Company or representations of any future performance, occurrence or matter as the headlines are merely a set of targets or aspirations of future performance aligned to the Company’s strategy. HEADLINE KPIs FOR THE 2ND QUARTER 2014 The Group net return on equity growth has exceeded its Headline KPI. This was mainly due to higher income from Islamic banking operations and conventional business from the expansion of personal financing and corporate business. This was further aided by reduction in allowance for impairment losses on loans, advances and financing. TABLE 1 Target 2014 Headline KPIs 2nd Qtr 2014   6 Months Unaudited Group Results 1. Annualised group net return on equity 15.0% 27.6% 2. Annualised group revenue growth 10.0% 5.6% This announcement is dated 14 August 2014.

icy97

貸款損失撥備走低‧馬屋業2年財測調高

2014-08-15 17:18      
（吉隆坡15日訊）馬屋業（MBSB,1171,主板金融組）2014財政年次季淨利揚升逾41%，分析員看好其貸款損失撥備料持續走低，上調今明兩年淨利預測，並保持買進評級。

興業研究指出，馬屋業2014年次季業績表現，超越該行及市場較早預測，因此將2014及2015年淨利預測分別上調14%及7.5%，至7億2千100萬及7億3千500萬令吉，主要是將貸款損失撥備預測減少45%及21%。

若不包括貸款損失撥備盈利，馬屋業業績符合預測，包括貸款成長平穩、賺幅持續受擠壓，惟獲得較佳非利息收入及成本控制措施的緩沖。

馬屋業次季利好，包括穩定的資產素質、按季非利息收入改善、及緊縮成本控制。惟貸款成長平平，賺幅壓力升溫將削減未來淨利息收入增長。

馬屋業管理層預期，企業貸款將是未來貸款增長的動力，此領域在今年下半年的發放款項將介於6億至7億令吉之間。消費者貸款組合（個人貸款及分期供款貸款）將著重在維持規模、及保持良好的資產素質。

馬屋業管理層預測，公司擁有足夠資本支持額外20億令吉的風險加權資產增長。

興業研究將馬屋業的目標價調高至2令吉80仙，比較之前估值為2令吉60仙，並保持“買進”評級。（星洲日報／財經‧報道：李文龍）


合併打造大型伊銀發展 或進一步提振馬建屋
財經股市15 Aug 2014 20:53
http://www.chinapress.com.my/node/552129

blizard

icy97 发表于 15-8-2014 04:55 AM
This announcement is dated 14 August 2014.[/td][/tr]
[/table]

请问这个表是在讲些什么的？看了很久但是不明白。

icy97

Type	Announcement
Subject	OTHERS
Description	Malaysia Building Society Berhad - Acquisition of a subsidiary namely 88 Legacy Sdn Bhd (Company No.: 1104995-A)
The Board of Directors wishes to announce that Malaysia Building Society Berhad ("MBSB") had on 12 September 2014 acquired 2 ordinary shares of RM1.00 each, representing the entire issued and paid-up share capital of 88 Legacy Sdn Bhd (“Acquisition”). Information on 88 Legacy Sdn Bhd 88 Legacy Sdn Bhd ("88 Legacy") was incorporated on 15 August 2014 in Malaysia. The authorised share capital of 88 Legacy is RM400,000.00 divided into 400,000 ordinary shares of RM1.00 each. The issued and paid-up share capital of 88 Legacy is RM2.00 comprising 2 ordinary shares of RM1.00 each. The principal activities of 88 Legacy are property investment and dealing in properties.   Rationale 88 Legacy Sdn Bhd was acquired for the surrender of lands pursuant to a settlement agreement with a borrower. Financial Effects The Acquisition will not have any material effect on the earnings per share, net assets per share, gearing and share capital of MBSB for the financial year ending 31 December 2014. The Acquisition will not have any effect on the substantial shareholders’ shareholding of the Company. Directors’ and/or Major Shareholders’ Interests None of the Directors and/or Major Shareholders of MBSB or persons connected to them has any interest, direct or indirect, of the Acquisition. Approvals Required The Acquisition is not subject to the approval of the shareholders of the Company or any other relevant authorities except for the approval of the relevant authorities in Malaysia. Statement by Directors The Directors of MBSB, are of the opinion that the Acquisition is in the best interests of the Company. This announcement is dated 12 September 2014.

icy97

资产品质疲弱 RAM观察马建屋评级

财经新闻 财经  2014-10-02 09:20
（吉隆坡1日讯）三大金融机构合并案进行中，大马评级机构（RAM）重申，马建屋（MBSB，1171，主板金融股）的“A2/-/P1/RW”评级正处观察阶段。

文告指出，马建屋的评级是属于发展中金融机构阶级，虽然融资业务稳定，个人融资户头占公司总融资的73%比例，但整体资产品质仍相当疲弱。

该公司截至6月杪的总减值融资比率，提高至7.5%，而2013财年的信贷对成本比率也升至0.9%，抵押贷款是造成疲弱资产品质的主因，超过三分之二是在现任管理团队加入公司前批准的。【南洋网财经】

icy97

Type	Announcement
Subject	OTHERS
Description	SUBMISSION TO BANK NEGARA MALAYSIA (“BNM”) FOR APPROVAL ON THE PROPOSED MERGER OF THE BUSINESSES AND UNDERTAKINGS OF RHB CAPITAL BERHAD (“RHB CAPITAL”), CIMB GROUP HOLDINGS BERHAD (“CIMB GROUP”) AND MALAYSIA BUILDING SOCIETY BERHAD (“MBSB”) AND THE CREATION OF AN ENLARGED ISLAMIC BANKING FRANCHISE (“PROPOSED MERGER”)
This announcement is dated 9 October 2014. We refer to the previous announcement dated 10 July 2014 (“Announcement”). Unless otherwise stated, the definitions used here shall have the same meanings as set out in the Announcement. On behalf of MBSB, AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that MBSB has been informed that CIMB Group and RHB Capital, as well as their relevant subsidiaries, had made a joint application to BNM to seek the approval of BNM and/or the Minister of Finance (“MoF”) through BNM for, amongst others, the Proposed Merger, of which MBSB is a party to. Please refer to the attached announcement and press release for further details. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1761105

Attachments MBSB_Announcement_091014.pdf 141009 NR CIMB Group RHB and MBSB move ahead with merger.pdf

liang_2002

好奇怪哦。。。
联昌国际伊斯兰银行之后將以每股2.82令吉，收购马建屋的资產和债务。

今天的MBSB，卻有人以RM2.60左右賣出。不明白。爲什麽？

HeGe

liang_2002 发表于 10-10-2014 09:40 AM
好奇怪哦。。。
联昌国际伊斯兰银行之后將以每股2.82令吉，收购马建屋的资產和债务。

我的看法是：那些宣布都只是建議，還得得到國家銀行的放行；所以現在還不能說 100% 成交。如果你覺得這交易100%會成功，你現在買入的話，你就會賺那 0.2x 咯

liang_2002

HeGe 发表于 10-10-2014 11:39 AM
我的看法是：那些宣布都只是建議，還得得到國家銀行的放行；所以現在還不能說 100% 成交。如果你覺得這交 ...

所以，那些RM2.60放票的，認爲不會以RM 2.82成交？
所以，那些RM2.60買票的，認爲會以RM 2.82成交？

那麽，誰的判斷纔是正確？？？

HeGe

liang_2002 发表于 10-10-2014 12:34 PM
所以，那些RM2.60放票的，認爲不會以RM 2.82成交？
所以，那些RM2.60買票的，認爲會以RM 2.82成交？

Hmm。。。可以那麼說吧，又或許說放票的人想馬上套利咯

sp13501

我有一个朋友就是今天卖的！  问他，他说，等 2.82 最少要半年，拿去买其它股更好，现在便宜东西很多 。。。