Posted by fortunebullz > 2014-10-09 17:13 | Report Abuse

Why you fail to mention OSK! OSK definately enjoying the advantage here! If merger goes through, we will see other banks force into merger too! You see, once this mega bank take shape, other medium banks like BIMB, MAYBANK, AFFIN will have to up their game!

Posted by fortunebullz > 2014-10-09 17:16 | Report Abuse

Not surprise after Optimus read this he will brag in OSK tread! He likes to read my post and take the credit from there on!

Posted by sephiroth > 2014-10-09 17:24 | Report Abuse

Osk tp 2.80 oredi stated in the article mah

Posted by fortunebullz > 2014-10-09 17:25 | Report Abuse

Oh! Didnt see! KLtrader didn't put in bold!

Posted by Bruce88 > 2014-10-09 20:42 | Report Abuse

南洋商报 : 联昌国际（CIMB）换股并购兴业资本（RHBCAP），每1股兴业资本，换得1.38股联昌国际。联昌国际回银、兴业资本回银，以每股2.82令吉并购马建屋（MBSB），并成立霸级回教银行。

Posted by AhMoi > 2014-10-10 14:26 | Report Abuse

Posted by AhMoi > Oct 10, 2014 08:30 AM | Report Abuse X

Be careful market has never accorded RHB that kind of valuation ie 10+

It is an internal valuation for the merger purpose.... ask yourself if the value/market price of the new bank can ever reach the value now given under the merger exercise? ???



Posted by AhMoi > Oct 10, 2014 09:16 AM | Report Abuse X

Say, A's market value as accorded by the market all this while is 300k,
B's 100k

Now they want to merge and value themselves, themselves. .. oh.... A is worth 500k, B is worth 250k

And, they set up a new co C... ask yourself will the market value of C be suddenly 750k???? 350k more over 400k just like that...





MBSB has gone up cause its shareholders will be receiving cash

RHB CIMB shareholders all will be receiving shares in the new bank.. will this new bank value be 750k or 400k?? Market now says it is still 400k