Posted by Lau Choong Ling > 2019-08-02 22:23 | Report Abuse

When is Quarter result ????

Posted by enning22 > 2019-08-06 15:08 | Report Abuse

end of august.

Posted by Kopijy > 2019-08-07 08:47 | Report Abuse

Up

Posted by chshzhd > 2019-08-08 12:38 | Report Abuse

up

Posted by Choongling > 2019-08-13 15:37 | Report Abuse

https://eresearchsystem.bursamalaysia.com/eResearch/webdownload.pub?id=32036

Posted by captainmalaysia1957 > 2019-08-15 14:13 | Report Abuse

Just google <RHB Scandals>

Below are all the search results.
RHB Bank has been embroiled with a string of scandals in the last few years. Many senior managements at its Investment Bank division left in the last two years. RHB Bank mobile app is also significantly lag behind its peers like Maybank and CIMB.

CIMB has a JV with Ant Financial (holdings company of Alipay). If you ask me to choose a bank in Malaysia, i would definitely go for either CIMB for its digital banking or Maybank for its most extensive ATM network that gives convenience to all its customers.

RHB Investment Bank Profit Before Tax collapsed to RM20m+ in FY2018, from the peak of RM 340m back in FY2014. The sharp declined in earnings is due mainly to OVEREXTENDING DEBTS AND CREDITS TO oil and gas sector before oil price collapsed in 2H14.

Don't waste time looking to invest in RHB Bank. Aabar, subsidiary of UAE sovereign wealth fund (with US$1 trillion in assets) had ceased to be a substantial shareholder in the bank. That tells a lot.


Spate of RHB resignations sets tongues wagging
https://www.theedgemarkets.com/article/spate-rhb-resignations-sets-tongues-wagging

RHB denies there is an investigation of its asset arm selling certain stocks
Read more at https://www.thestar.com.my/business/business-news/2016/08/25/no-selldown#1fX2TISjxKLboiqV.99

Aabar putting up for sale remaining 9.9% stake in RHB Bank
Read more at https://www.thestar.com.my/business/business-news/2019/06/17/aabar-putting-up-for-sale-remaining-9pt9pct-stake-in-rhb-bank#lU2QwfigPQLj3gYs.99

RHB refutes allegation of involvement in financial scandal
https://www.theedgemarkets.com/article/rhb-refutes-allegation-involvement-financial-scandal

RHB also refute Sarawak Report's baseless allegations
https://www.nst.com.my/business/2018/03/340366/rhb-also-refute-sarawak-reports-baseless-allegations

Posted by prudentinvestor > 2019-08-15 17:00 | Report Abuse

Why did you regurgitate stale news? RHB still makes good money and pays reasonably good dividend. Aabar sold its RHB shares but other institutions picked them up. They can't be stupid. EPF still holds over 40% of RHB shares. Those who had bought CIMB or Maybank shares just before GE last year have now lost a lot of money but investors of RHB are still able to make some money.

Posted by captainmalaysia1957 > 2019-08-15 17:00 | Report Abuse

Just google <RHB Scandals>

Below are all the search results.
RHB Bank has been embroiled with a string of scandals in the last few years. Many senior managements at its Investment Bank division left in the last two years. RHB Bank mobile app is also significantly lag behind its peers like Maybank and CIMB.

CIMB has a JV with Ant Financial (holdings company of Alipay). If you ask me to choose a bank in Malaysia, i would definitely go for either CIMB for its digital banking or Maybank for its most extensive ATM network that gives convenience to all its customers.

RHB Investment Bank Profit Before Tax collapsed to RM20m+ in FY2018, from the peak of RM 340m back in FY2014. The sharp declined in earnings is due mainly to OVEREXTENDING DEBTS AND CREDITS TO oil and gas sector before oil price collapsed in 2H14.

Don't waste time looking to invest in RHB Bank. Aabar, subsidiary of UAE sovereign wealth fund (with US$1 trillion in assets) had ceased to be a substantial shareholder in the bank. That tells a lot.


Spate of RHB resignations sets tongues wagging
https://www.theedgemarkets.com/article/spate-rhb-resignations-sets-tongues-wagging

RHB denies there is an investigation of its asset arm selling certain stocks
Read more at https://www.thestar.com.my/business/business-news/2016/08/25/no-selldown#1fX2TISjxKLboiqV.99

Aabar putting up for sale remaining 9.9% stake in RHB Bank
Read more at https://www.thestar.com.my/business/business-news/2019/06/17/aabar-putting-up-for-sale-remaining-9pt9pct-stake-in-rhb-bank#lU2QwfigPQLj3gYs.99

RHB refutes allegation of involvement in financial scandal
https://www.theedgemarkets.com/article/rhb-refutes-allegation-involvement-financial-scandal

RHB also refute Sarawak Report's baseless allegations
https://www.nst.com.my/business/2018/03/340366/rhb-also-refute-sarawak-reports-baseless-allegations

Posted by DoggieInvestor > 2019-08-15 22:04 | Report Abuse

I think captain malaysia has a point.

https://dapmalaysia.org/english/2007/mar07/bul/bul3255.htm

The Employees Provident Fund (EPF) has no business in owning and operating commercial banks. By acquiring Rashid Hussain Berhad (RHB), the EPF has placed Malaysian workers' hard-earned savings in greater risk


____________ Press Conference by Tony Pua _______________

(Petaling Jaya, Friday) : The Employees Provident Fund (EPF) has proposed to buy all the shares, loan stocks and warrants in RHB owned by Utama Banking Group Bhd (UBG). On completion of this offer, UBG told Bursa Malaysia yesterday, EPF would extend a general offer (GO) for the rest of the RHB shares, loan stocks and warrants. The entire exercise excluding incidental expenses will cost EPF up to RM9 billion depending on acceptance rates.


This offer from EPF has as of yesterday, been accepted by UBG, which in turn rejected competing offers from EON Capital Bhd as well as Kuwaiti Finance House. The deal is still subject to shareholders and regulatory approvals, although they are expected to be administrative in nature.


The DAP would like to state that it strongly objects to EPF owning and managing a commercial bank. Such an exercise deviates significantly from EPF's charter of being a “fund manager”, and becoming instead, an “owner manager”. The acquisition brings about very significant risks to the security of the hard-earning savings by Malaysians for their retirement.


No Expertise


EPF has neither experience nor expertise in owning or managing a commercial bank. While the other competing offers originates from existing banking institutions seeking to enhance and optimise their current branch network to enjoy economies of scale, the EPF will enjoy no such benefit from acquiring RHB at premium prices.


Both owning and managing a commercial bank are complex tasks requiring competent and experienced professionals. It wasn't too long ago in 1999, one of Malaysia's leading conglomerate, Sime Darby Bhd was left red-faced as they were forced to sell Sime Bank, which they took over a mere 4 years earlier. Sime Bank was left with nearly US$500 million of non-performing loans during the Asian financial crisis.


Sime Darby's acquisition of Sime Bank, formerly known as UMBC Bank, is a clear example of the risk in owning and managing a bank without the necessary expertise and experience. Prior to disposing of the Bank in 1999, Sime Darby Bhd recorded losses of RM541 million in 1998.


Disproportionate Amount of Risks to EPF Contributors


Based on EPF's 2005 Annual Report, out of its total fund size of RM260 billion, 19.1% or RM49.6 billion was allocated to Equity investment. Hence EPF's RM9 billion RHB acquisition venture represents more than 18% of its total equity investments, without even taking into accounts its existing investment in RHB. Such disproportionate amount of investment in a single stock clearly represents poor portfolio allocation and diversification. The EPF has put at risk our workers' funds by 'betting' heavily on a single large investment.


In addition, the total risk of the bank is 12.5 times its equity value based on a minimum capital-assets adequacy ratio of 8% in Malaysia. This means that in the event of a crisis, for every ringgit investment, up to RM11.50 may be required to bail out the bank and keep it afloat. Will EPF, acting as the owner of the bank, be committed to pump in additional monies from EPF to “rescue” the Bank in the event of another financial or banking crisis?

Posted by Choongling > 2019-08-16 13:19 | Report Abuse

Point is EPF is capable and responsible to pump in, if other banks. Most probably just bankrupt and under receivership.

Posted by DoggieInvestor > 2019-08-16 16:42 | Report Abuse

then you have to understand why global investors give a premium valuation to banks like public bank, CIMB and Maybank but a 20-30% discount to RHB. In bank investing, when investors place a discount on a bank valuation, the most common reason behind it is the lower quality of its loan book or higher cost of funding.

Go look at how many senior management joined and resigned in the past 1 year. It doesn't sound a value alarm for value investors.

Posted by Choongling > 2019-08-19 13:19 | Report Abuse

Discounted is good than inflated.

Posted by graynoize > 2019-08-22 12:27 | Report Abuse

Suddenly rallying.

Posted by 129055444514385 > 2019-08-23 10:52 | Report Abuse

good news?

EMPLOYEES PROVIDENT FUND BOARD 06-Aug-2019 Acquired 202,400 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 02-Aug-2019 Acquired 1,000,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 01-Aug-2019 Acquired 1,000,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 31-Jul-2019 Acquired 120,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 26-Jul-2019 Acquired 1,000,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 25-Jul-2019 Acquired 1,000,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 24-Jul-2019 Acquired 2,469,300 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 23-Jul-2019 Acquired 9,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 22-Jul-2019 Acquired 606,400 0.000 View Detail

Posted by 129055444514385 > 2019-08-23 10:54 | Report Abuse

EPF controls MBSB with 64%+.... maybe, EPF plans to merge MBSB with RHB ... haha

Posted by Good123 > 2019-08-23 10:56 | Report Abuse

Good results to be announced ? :)

Posted by Good123 > 2019-08-23 10:56 | Report Abuse

Big jump in price after results or M&A is coming?

Posted by Good123 > 2019-08-23 10:58 | Report Abuse

Boleh graf juga.

兴业银行（RHBBANK，1066，主板金融股）的日线股价趋势于8月22日显现着一段技术反弹走势，闭市时报5.52令吉，按日起9仙或1.66%。短期间该股或会上挑5.53-5.62令吉的阻力关口。

22/8/19行情



闭市：5.52令吉

起落：+9仙

成交量：19,279宗

最高：5.52令吉

最低：5.43令吉



本益比：9.602倍

毛周息率：3.714%

52周最高：6.07令吉

52周最低：5.05令吉

Posted by Good123 > 2019-08-23 10:59 | Report Abuse

Results and dividend will be announced next week

Posted by Good123 > 2019-08-23 11:00 | Report Abuse

Last year also the same

30/08/2018 Interim Dividend DIVIDEND 0.075

Posted by Good123 > 2019-08-23 11:03 | Report Abuse

Big cash dividend soon macam airasia dah jual planes recently.

OTHERS RHB BANK BERHAD ("RHB BANK" OR "COMPANY") RECEIPT OF APPROVAL FROM BANK NEGARA MALAYSIA ("BNM") FOR RHB BANK TO COMMENCE NEGOTIATIONS WITH TOKIO MARINE ASIA PTE LTD FOR THE PROPOSED DISPOSAL OF UP TO 94.7% OF ITS EQUITY INTEREST HELD IN RHB INSURANCE BERHAD ("RHB INSURANCE") ("PROPOSED DISPOSAL")
RHB BANK BERHAD

Type Announcement
Subject OTHERS
Description RHB BANK BERHAD ("RHB BANK" OR "COMPANY")

RECEIPT OF APPROVAL FROM BANK NEGARA MALAYSIA ("BNM") FOR RHB BANK TO COMMENCE NEGOTIATIONS WITH TOKIO MARINE ASIA PTE LTD FOR THE PROPOSED DISPOSAL OF UP TO 94.7% OF ITS EQUITY INTEREST HELD IN RHB INSURANCE BERHAD ("RHB INSURANCE") ("PROPOSED DISPOSAL")
RHB Bank wishes to announce that BNM has, via its letter dated 29 July 2019, stated that it has no objection for the Company to commence negotiations with Tokio Marine Asia Pte Ltd ("TMA") in relation to the proposed disposal of up to 94.7% of its equity interest in RHB Insurance. The approval is valid for 6-months from the date of BNM’s letter.



Pursuant to the Financial Services Act 2013, the relevant parties will be required to obtain the prior approval of the Minister of Finance, with the recommendation of BNM, before entering into any definitive agreement to effect the Proposed Disposal. Accordingly, a detailed announcement on the Proposed Disposal will be made upon execution of the definitive agreement(s) for the Proposed Disposal.



This announcement is dated 31 July 2019.

Posted by Good123 > 2019-08-23 11:05 | Report Abuse

Any confirmation on the sale to tokio will cause the price to rise a lot. No wonder epf started buying continuously, Etc

Posted by 129055444514385 > 2019-08-23 11:10 | Report Abuse

after the confirmation of sale to tokio, at least RM6 or above... dulu takda sale ini pun average target price dah RM6.32.... jika declare cash dividend katakan 90sen macam airasia selepas jual planes, rhb boleh sampai RM6.50 to 7... EPF will continue to sapu , very likely..


Average Price Target: 6.32
Price Target Upside/Downside: +0.81

Posted by 129055444514385 > 2019-08-23 11:10 | Report Abuse

rhb is interesting .... can telan mbsb with epf consent... more dramas soon :)

Posted by 129055444514385 > 2019-08-23 11:12 | Report Abuse

epf will push for special cash dividend after the sale to tokio, i guess... need cash to pay dividend to the workers of the country , kwsp account holders :)

Posted by 129055444514385 > 2019-08-23 11:13 | Report Abuse

good for tokio, japanese insurance group to telan rhb insurance, growth by acquisition is much faster... win2 for rhb and tokio

Posted by 129055444514385 > 2019-08-23 11:15 | Report Abuse

belum jual rhb insurance pun dah melebihi RM6 haha

Price Target
Date Open Price Target Price Upside/Downside Price Call Source
01/08/2019 5.50 6.35 +0.85 (15.45%) BUY MIDF
01/08/2019 5.50 6.05 +0.55 (10.00%) BUY KENANGA
01/08/2019 5.50 6.60 +1.10 (20.00%) BUY AmInvest

Posted by 129055444514385 > 2019-08-23 11:17 | Report Abuse

no wonder.... 1 aug 2019 jumped also :)

01/08/2019 5.50 5.50 - 5.65 5.57 +0.07 (1.27%) 7,748,800
31/07/2019 5.40 5.40 - 5.54 5.50 +0.06 (1.10%) 4,638,100
29/07/2019 5.61 5.43 - 5.68 5.44 -0.21 (3.72%) 4,254,400
26/07/2019 5.63 5.61 - 5.65 5.65 -0.03 (0.53%) 3,692,000


OTHERS RHB BANK BERHAD ("RHB BANK" OR "COMPANY") RECEIPT OF APPROVAL FROM BANK NEGARA MALAYSIA ("BNM") FOR RHB BANK TO COMMENCE NEGOTIATIONS WITH TOKIO MARINE ASIA PTE LTD FOR THE PROPOSED DISPOSAL OF UP TO 94.7% OF ITS EQUITY INTEREST HELD IN RHB INSURANCE BERHAD ("RHB INSURANCE") ("PROPOSED DISPOSAL")
RHB BANK BERHAD

Type Announcement
Subject OTHERS
Description RHB BANK BERHAD ("RHB BANK" OR "COMPANY")

RECEIPT OF APPROVAL FROM BANK NEGARA MALAYSIA ("BNM") FOR RHB BANK TO COMMENCE NEGOTIATIONS WITH TOKIO MARINE ASIA PTE LTD FOR THE PROPOSED DISPOSAL OF UP TO 94.7% OF ITS EQUITY INTEREST HELD IN RHB INSURANCE BERHAD ("RHB INSURANCE") ("PROPOSED DISPOSAL")
RHB Bank wishes to announce that BNM has, via its letter dated 29 July 2019, stated that it has no objection for the Company to commence negotiations with Tokio Marine Asia Pte Ltd ("TMA") in relation to the proposed disposal of up to 94.7% of its equity interest in RHB Insurance. The approval is valid for 6-months from the date of BNM’s letter.



Pursuant to the Financial Services Act 2013, the relevant parties will be required to obtain the prior approval of the Minister of Finance, with the recommendation of BNM, before entering into any definitive agreement to effect the Proposed Disposal. Accordingly, a detailed announcement on the Proposed Disposal will be made upon execution of the definitive agreement(s) for the Proposed Disposal.



This announcement is dated 31 July 2019.

Posted by 129055444514385 > 2019-08-23 11:18 | Report Abuse

special cash dividend at least RM1 after sellign rhb insurance if possible more than Airasia's 90 sen after selling planes haha

Posted by Good123 > 2019-08-23 11:21 | Report Abuse

Sesiapa mau jual sekarang akan menyesal Kelak. Sabar dan tunggu good news

Posted by Good123 > 2019-08-23 11:23 | Report Abuse

According to Bloomberg data, banking stocks with the most “buy” calls now are RHB Bank, CIMB Group, Maybank, Alliance Bank and BIMB Holdings.

Posted by Good123 > 2019-08-23 11:25 | Report Abuse

Epf is also a controlling shareholder of rhb same as mbsb... easy to merge rhb and mbsb by rhb anytime

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
RHB BANK BERHAD

Particulars of substantial Securities Holder
Name EMPLOYEES PROVIDENT FUND BOARD
Address Tingkat 19, Bangunan KWSP, Jalan Raja Laut
Kuala Lumpur
50350 Wilayah Persekutuan
Malaysia.
Company No. EPF ACT 1991
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Share
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 06 Aug 2019
202,400
Acquired Direct Interest
Name of registered holder Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board
Address of registered holder Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquired
Nature of interest Direct Interest
Direct (units) 1,655,826,804
Direct (%) 41.292
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 1,655,826,804
Date of notice 07 Aug 2019
Date notice received by Listed Issuer 09 Aug 2019


Announcement Info
Company Name RHB BANK BERHAD
Stock Name RHBBANK
Date Announced 09 Aug 2019
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-09082019-00089

Posted by Good123 > 2019-08-23 11:43 | Report Abuse

KUALA LUMPUR (Aug 1): Should the divestment of RHB Bank Bhd's investment arm materialises, research houses are seeing it as a positive for the bank's capital ratios as well as dividend payout.

Yesterday, it was reported that the bank has obtained a six-month approval from Bank Negara Malaysia (BNM) to commence negotiations with Tokio Marine Asia Pte Ltd (TMA) to dispose of up to a 94.7% stake in RHB Insurance (RI).

"We believe that the disposal of the RI stake would be positive for RHB Bank's capital ratios due to the expected gain from the sale," said CGSCIMB Research's analyst Winson Ng in a report dated July 31, adding that it would also improve its capacity to pay dividends, and could increase its dividend payout above his forecast of 35% for FY20 to FY21.

However, Ng does not expect RHB Bank to pay out the entire proceeds from the sale as a special dividend, as BNM wants banks to keep high capital ratios.

Assuming the sale is completed in 2019, the deal would be positive for RHB Bank's FY19 net profit due to the expected gain from the disposal, said Ng.

While the sale of RI would present a one-off gain enhancing the bank's FY19 net profit by between 1.6% and 14.7%, the deal, however, would trim RHB Bank's net profit by circa 2.7% in FY20 to FY21 due to loss of insurance income, said Ng.

If RI is sold at a P/BV (price over book value) of between 1.1 times and 1.9 times, this would value RI at between RM631 million and RM1.1 billion, said Ng. In FY18, RI contributed about 2.8% of RHB Bank's net profit.

Ng opined that the sale of the RI stake will not fetch a P/BV of more than two times, because the growth in general insurance premium has been subdued at below 2% over the past three years, and Tokio Marine already has operations in Malaysia and hence, it will not be willing to pay a premium.

Meanwhile TA Securities in a report wrote that unlocking value from RI, the research house foresees the sale to be capital accretive, potentially raising capital ratios by around 10 basis points (bps) to 20 bps.

"Backed by healthy CET 1 capital of 15.7% as at end-March 2019 — one of the highest in the industry, we foresee the possibility of a higher dividend of up to 40% for FY19, buoyed by potential sale of the insurance unit," said TA Securities.

Same with CGSCIMB Research, TA Securities believes that RI could be valued at a P/BV of between 1.1 times and 1.5 times.

Despite TA Securities not foreseeing the group's earnings to be materially impacted, if the deals go through, the research house is positive on the proposed disposal.

"Currently accounting for circa 3% of group's revenue and PBT (profit before tax), we also do not foresee the absence of RHB's insurance unit to disrupt the group's five-year FIT22 targets," said TA Securities.

"We believe that in addition to possible upfront gains, the relationship between TMA and RHB Bank can be further strengthened.

"We believe that the sale could strengthen the collaboration between both companies, with RHB potentially signing a new agreement to distribute TM's general insurance products via its branches and alternative distribution outlets," TA Securities added.

Both research houses maintained a buy call on the stock with a target price of RM6.50.

At 11.07am, shares of RHB Bank were eight sen or 1.45% higher at RM5.58, with 2.4 million shares exchanging hands, valuing the bank at RM22.06 billion. The stock was up as high as 15 sen or 2.73% at RM5.65 earlier this morning, before paring some of its gains.

Posted by Good123 > 2019-08-23 12:15 | Report Abuse

Rhb is fun , results n dividend will b announced next week... merge with mbsb is possible due to epf as the controlling shareholder for both, special cash dividend after selling rhb insurance, etc

Posted by Choongling > 2019-08-23 13:15 | Report Abuse

Good 123, hopefully. Need something big sooner. Cash in hand, US is getting bad.

Posted by DoggieInvestor > 2019-08-23 13:19 | Report Abuse

I think RHB Bank has been trying hard to sell assets in order to shore up their capital base. Just read some news on the internet will show you that RHB Bank Singapore subsidiary made huge losses due to loan defaults mainly from the O&G sector in Singapore since 2014. RHB Bank already put up its Singpapore office building up for sales since last year but no one wants to acquire it. Selling its insurance biz to Tokio Marine will only raise cash for the bank to cover their hole in many soured loans. that's why any experienced bank analysts in malaysia will not recommend investors to buy RHB BANK shares.

EPF buying is irrelevant if you look at EPF's track record in public equity investing in the last 20 years.

Posted by 129055444514385 > 2019-08-23 13:46 | Report Abuse

before july 31 beli, after 31 july juga beli haha

Shareholding Changes



Date of change

Shares

Director/
Substantial Shareholder

06 Aug 2019 Acquired
202,400 EMPLOYEES PROVIDENT FUND BOARD
02 Aug 2019 Acquired
1,000,000 EMPLOYEES PROVIDENT FUND BOARD
01 Aug 2019 Acquired
1,000,000 EMPLOYEES PROVIDENT FUND BOARD
31 Jul 2019 Acquired
120,000 EMPLOYEES PROVIDENT FUND BOARD
26 Jul 2019 Acquired
1,000,000 EMPLOYEES PROVIDENT FUND BOARD
25 Jul 2019 Acquired
1,000,000 EMPLOYEES PROVIDENT FUND BOARD
24 Jul 2019 Acquired
2,469,300 EMPLOYEES PROVIDENT FUND BOARD
23 Jul 2019 Acquired
9,000 EMPLOYEES PROVIDENT FUND BOARD
22 Jul 2019 Acquired
606,400 EMPLOYEES PROVIDENT FUND BOARD

Posted by 129055444514385 > 2019-08-23 13:47 | Report Abuse

EPF has been good dividend for epf accountholders for many years. just trust in epf

Posted by 129055444514385 > 2019-08-23 13:48 | Report Abuse

next week, akan tahu dividen dan prestasi pencapaian... hurray!

RHBBANK Dividend History





Date

Financial
Year

Ex-Date

Entitlement
Date

Payment
Date

Entitlement Type

Dividend
(Cent)

Dividend
(%)

Details

29 Apr 2019 31 Dec 2018 07 May 2019 08 May 2019 23 May 2019 Final Dividend 13.0000 0.00 Malaysia Stock - Dividend
30 Aug 2018 31 Dec 2018 18 Sep 2018 20 Sep 2018 03 Oct 2018 Interim Dividend 7.5000 0.00 Malaysia Stock - Dividend
21 May 2018 31 Dec 2017 04 Jun 2018 06 Jun 2018 19 Jun 2018 Final Dividend 10.0000 0.00 Malaysia Stock - Dividend
14 Sep 2017 31 Dec 2017 29 Sep 2017 03 Oct 2017 13 Oct 2017 Interim Dividend 5.0000 0.00 Malaysia Stock - Dividend
02 May 2017 31 Dec 2016 15 May 2017 17 May 2017 29 May 2017 Final Dividend 7.0000 0.00 Malaysia Stock - Dividend
29 Aug 2016 31 Dec 2016 13 Sep 2016 15 Sep 2016 30 Sep 2016 Interim Dividend 5.0000 0.00 Malaysia Stock - Dividend
30 Mar 2016 31 Dec 2015 11 Apr 2016 13 Apr 2016 29 Apr 2016 Interim Dividend 12.0000 0.00 Malaysia Stock - Dividend
13 Mar 2015 31 Dec 2014 25 Mar 2015 27 Mar 2015 24 Apr 2015 Interim Dividend 6.0000 0.00 Malaysia Stock - Dividend
09 Jun 2014 31 Dec 2013 19 Jun 2014 23 Jun 2014 23 Jul 2014 Final Dividend 10.3000 0.00 Malaysia Stock - Dividend
30 Sep 2013 31 Dec 2013 10 Oct 2013 14 Oct 2013 13 Nov 2013 Interim Dividend 6.0000 0.00 Malaysia Stock - Dividend
20 Jun 2013 31 Dec 2012 02 Jul 2013 04 Jul 2013 01 Aug 2013 Final Dividend 16.0900 0.00 Malaysia Stock - Dividend
12 Oct 2012 31 Dec 2012 24 Oct 2012 29 Oct 2012 27 Nov 2012 Interim Dividend 6.0000 0.00

Posted by 129055444514385 > 2019-08-23 13:50 | Report Abuse

inovatif juga :)

KUALA LUMPUR (Aug 8): RHB Banking Group is partnering Malaysian Retail Chain Association (MRCA) to support more than 400 leading retail chain store operators, franchisers as well as small and medium enterprises (SMEs) through the Malaysia International Retail & Franchise Exhibition 2019 (MIRF).

In a statement today, RHB said MIRF 2019, which took place on July 18-20, transacted more than RM72 million in business revenue as compared to MIRF 2018, which transacted more than RM65 million in business revenue.

RHB said through the partnership, it was able to engage with leading chain store operators in Malaysia and share with them the products and services available for retailers and SMEs.


Advertisement



It said among the key products and services being showcased throughout the exhibition was the RHB SME e-Solution Platform, which offers SMEs complete interoperability to achieve greater business efficiency.

RHB said the enhanced RHB SME e-Solutions is one of the core components of the RHB SME ecosystem providing SME customers with value-added features on a single platform that include seamless integration of banking activities. Other products being offered at the exhibition were:
•Business current account & Reflex
•SME e-Solution (SES)/SME digital ecosystem
•Corporate Employee Privilege Scheme (CEPS)
•Tailor-made Business Loan (PINTAS/BizPlus)
•Business deposits (SME Flexi FD)
•RHB Premier account

RHB head of group business and transaction banking Jeffrey Ng Eow Oo said through MIRF 2019, RHB was able to reach out to Malaysian leading retail chain store operators as well as franchise owners, further boosting its penetration rate of the retail SME segment in Malaysia.

"RHB will continue to introduce business-friendly solutions and product features that makes everyday business simple and [convenient] and which will help SMEs to optimise resources, improve productivity and strengthen their competitive edge," said Ng.

Meanwhile, MRCA president Datuk Seri Garry Chua said with this initiative, the association was able to assist the growth and development of the retail and franchise industries.

At 11.02am, RHB Bank Bhd gained 1.83% or 10 sen to RM5.56 with 611,300 shares traded.

Posted by 129055444514385 > 2019-08-23 13:53 | Report Abuse

next, epf can spring another surprise, merger between rhb and mbsb controlled by epf haha

RHB Bank springs insurance surprise


Banking

Friday, 02 Aug 2019




CGS-CIMB, in a note, said that RHB Bank had not disclosed its intention to sell their insurance business in the past.


PETALING JAYA: Analysts have been caught by surprise by RHB Bank Bhd’s desire to sell up to all of its 94.7% stake in RHB Insurance.

CGS-CIMB, in a note, said that RHB Bank had not disclosed its intention to sell their insurance business in the past.


RHB Bank said on Monday that it has received Bank Negara’s approval to commence negotiations with Tokio Marine Asia Pte Ltd to dispose of the former’s stake in its insurance business.

“Assuming the sale is completed in 2019, the deal would be positive for RHB Bank’s financial year 2019 net profit due to the expected gain from the disposal. If RHB Insurance is sold at a price to book value of between 1.1 times and 1.9 times (which would value it at between RM631mil and RM1.1bil), the one-off gains would enhance RHB Bank’s FY19 forecast net profit by between 1.6% and 14.7%, based on our estimates, ” CGS-CIMB said.




However, CGS-CIMB said that it would also trim RHB Bank’s net profit by circa. 2.7% in FY20-21 forecasted due to the loss of the insurance income.“In FY18, RHB Insurance contributed about 2.8% of RHB Bank’s net profit, ” it said.CGS-CIMB said the RHB Insurance stake disposal would be positive for RHB Bank’s capital ratios due to the expected gain from the sale.

Meanwhile, AMInvestment Bank Research said RHB Insurance achieved a growth in gross earned premium of 12.3% year-over-year in FY18.In the same year last year it also recorded a claims ratio of 59.7%, which is close to the industry’s of 58.2%.

“The combined ratio of RHB Insurance of 91.6% in FY18 was on par with the sector’s. It has a low commission ratio of 10.0% while its management expense ratio stood at 21.9%, ” it said.

AmInvestment Bank said it is positive on the potential disposal as it will unlock the value of RHB Bank’s insurance business and be accretive to the group’s capital ratios.

The group and bank entity CET1 ratios were 15.7% and 13.6% respectively in the first quarter of FY19, it said. Both CGS-CIMB and AmInvestment Bank Research have retained their “buy” calls on RHB Bank with target prices of RM6.50 and RM6.60 respectively.












Read more at https://www.thestar.com.my/business/business-news/2019/08/02/rhb-bank-springs-insurance-surprise#cVZK62SUk3CfXys6.99

Posted by 129055444514385 > 2019-08-23 13:53 | Report Abuse

spring more surprises soon haha



RHB Bank springs insurance surprise


Banking

Friday, 02 Aug 2019





CGS-CIMB, in a note, said that RHB Bank had not disclosed its intention to sell their insurance business in the past.


PETALING JAYA: Analysts have been caught by surprise by RHB Bank Bhd’s desire to sell up to all of its 94.7% stake in RHB Insurance.

CGS-CIMB, in a note, said that RHB Bank had not disclosed its intention to sell their insurance business in the past.


RHB Bank said on Monday that it has received Bank Negara’s approval to commence negotiations with Tokio Marine Asia Pte Ltd to dispose of the former’s stake in its insurance business.

“Assuming the sale is completed in 2019, the deal would be positive for RHB Bank’s financial year 2019 net profit due to the expected gain from the disposal. If RHB Insurance is sold at a price to book value of between 1.1 times and 1.9 times (which would value it at between RM631mil and RM1.1bil), the one-off gains would enhance RHB Bank’s FY19 forecast net profit by between 1.6% and 14.7%, based on our estimates, ” CGS-CIMB said.




However, CGS-CIMB said that it would also trim RHB Bank’s net profit by circa. 2.7% in FY20-21 forecasted due to the loss of the insurance income.“In FY18, RHB Insurance contributed about 2.8% of RHB Bank’s net profit, ” it said.CGS-CIMB said the RHB Insurance stake disposal would be positive for RHB Bank’s capital ratios due to the expected gain from the sale.

Meanwhile, AMInvestment Bank Research said RHB Insurance achieved a growth in gross earned premium of 12.3% year-over-year in FY18.In the same year last year it also recorded a claims ratio of 59.7%, which is close to the industry’s of 58.2%.

“The combined ratio of RHB Insurance of 91.6% in FY18 was on par with the sector’s. It has a low commission ratio of 10.0% while its management expense ratio stood at 21.9%, ” it said.

AmInvestment Bank said it is positive on the potential disposal as it will unlock the value of RHB Bank’s insurance business and be accretive to the group’s capital ratios.

The group and bank entity CET1 ratios were 15.7% and 13.6% respectively in the first quarter of FY19, it said. Both CGS-CIMB and AmInvestment Bank Research have retained their “buy” calls on RHB Bank with target prices of RM6.50 and RM6.60 respectively.

Posted by 129055444514385 > 2019-08-23 14:28 | Report Abuse

epf as the major shareholder should have known the likelihood of the sale of rhb insurance, sapu before and after the annoucement showed that the disposal is almost certain to go ahead... fingers crossed

Posted by 129055444514385 > 2019-08-23 14:29 | Report Abuse

both traders and investors would rush in to grab rhb shares soon as predicted.... wait n see whether it is true :)

Posted by 129055444514385 > 2019-08-23 14:30 | Report Abuse

today boleh close at rm6 kah? soon maybe ;)

Posted by DoggieInvestor > 2019-08-24 14:12 | Report Abuse

go online google and find out how much EPF paid for RHB Bank more than 10 years ago. Its still in the RED !!!

Posted by prudentinvestor > 2019-08-26 15:05 | Report Abuse

Another set of excellent results. The interim dividend to be declared later is also 66% higher than the interim dividend declared a year ago. This year's total dividend should be at least 30 sen a share if profit is maintained.

Posted by KooSan > 2019-08-26 22:54 | Report Abuse

Agree. Better than putting in the FD

Posted by chshzhd > 2019-08-27 12:50 | Report Abuse

keep..this good bank.

Posted by DoggieInvestor > 2019-08-27 12:52 | Report Abuse

you do realise that Fed had cut rate for the first time in 10 years. If rate cut continues, all Banks are a short !