From bursa website

On behalf of the Board, Maybank IB wishes to announce that the Company has obtained the order of the High Court of Malaya confirming the reduction and repayment of the entire share capital of the Company under Section 115 and Section 116 of the Act to give effect to the Distribution and Capital Repayment today (“Order”). Following the receipt of the Order, the SSA for the Internal Reorganisation has become unconditional today.

This announcement is dated 6 September 2021.

Kenanga wrote:

Maintain OUTPERFORM and SoP-driven TP of RM5.10, based on: (i) our ascribed Bank Islam’s valuation of 0.9x FY22E PBV, and (ii) 0.25x per TAKAFUL share. While investors might be looking ahead into the group’s restructured form with a positioning into TAKAFUL, presently BIMB itself commands commendable ROEs of c.11%.

Takaful now 4.50 x 200 shares = RM900 worth

Min 200 shares of Takaful, need to wait announcement anytime from now

Will be the only full fledged Islamic Bank in Malaysia, sounds better

Just have to wait

Will be only full fledged Islamic Bank in Malaysia

Then BIMB will change name to may be Bank Islam Malaysia Bhd.

BIMB will get free Takaful share

Good for long term especially soon to be only full fledged Islamic Bank

Target it to reach 5.00 hopefully

Opportunity to buy

Must wait till they announce the share distribution ratio officially and also the ex date.

Just have to hold on to wait.....be patient

I would interprete as free. I read somewhere on the ratio, quite attractive.

We wait coming wed as Ceo will share 5 years plan by BIMB

https://www.islamicfinancenews.com/daily-cover-story-bank-islam-to-become-only-fully-fledged-islamic-bank-listed-on-bursa-malaysia-securities-after-bimb-holdings-restructuring-exercise.html

By the way, its P/E is still very much lower than MBB, PBB & CIMB

Private placement is something good and can save funding cost. Dilution of profits can be offsets by saving cost. Long term is good especially it will be full fledged Islamics Bank in the region. May attracts more institutions to buy up.

Capital repayment: you can read in BIMB earlier announcements at Bursa website.

MULTIPLE PROPOSALS BIMB HOLDINGS BERHAD ("BHB" OR "COMPANY") (I) PROPOSED PLACEMENT; (II) PROPOSED SOA; (III) PROPOSED INTERNAL REORGANISATION; (IV) PROPOSED DISTRIBUTION AND CAPITAL REPAYMENT; AND (V) PROPOSED TRANSFER OF LISTING (COLLECTIVELY TO BE REFERRED TO AS "PROPOSALS")

59.45% of Takaful to be distributed for free, must be patient to reap the benefits

Need more coverage to attract more investors....
Still not yet move...

Today a bit hot...

Potential investors waiting for more convincing evidence before get into it, i guess

Not possible. New shareholders, new management

Personally have faith in this new shareholders and team.....will hold for long term as i feel they are progressing well

https://www.thesundaily.my/local/johor-set-to-become-leading-solar-power-producer-in-southeast-asia-YF6968274

MFlour is moving strong

Should catch up with MFlour

Long term investment

Still need more to push up price

Somebody out, someone in

Another day 30sen lagi....

Min 30sen up......ha ha ha

I see so long above 0.30 is already uptrend. Plan to keep for long term...see i can wait till RM1.00 or not....haha

Hopefully more analysts cover this stock

Target price RM1

Go Go Go......

I think no harm waiting....
So many 10sen shares shoot up RM2 to RM3
Asking for RM1 is not too much though.....

When market go crazy, sky no longer a limit

Hope nia....

Still waiting to reach RM1.00 one day in future......

Still believe the lotus essntials boss really serious about uplifting Lotus KFM status and imej

Tiada cerita. Only hope they can continue deliver good results and continue to improve profits

Tunggu jump 30sen

Great idea....daily slowly more....
Then after certain price only limit up.....haha

I think still has more room to go....
At your own risk.

Sorry....i also just guessing only.