Posted by Wow123 > 2022-04-08 09:43 | Report Abuse

OTHERS PUBLIC BANK BERHAD (PBB) ISSUANCE OF RM2.0 BILLION NOMINAL VALUE OF SUBORDINATED MEDIUM TERM NOTES (SUB-NOTES) UNDER A BASEL III-COMPLIANT TIER 2 SUBORDINATED MEDIUM TERM NOTES PROGRAMME OF UP TO RM10.0 BILLION IN NOMINAL VALUE (SUB-NOTES PROGRAMME)
PUBLIC BANK BERHAD

Type Announcement
Subject OTHERS
Description PUBLIC BANK BERHAD (PBB)

ISSUANCE OF RM2.0 BILLION NOMINAL VALUE OF SUBORDINATED MEDIUM TERM NOTES (SUB-NOTES) UNDER A BASEL III-COMPLIANT TIER 2 SUBORDINATED MEDIUM TERM NOTES PROGRAMME OF UP TO RM10.0 BILLION IN NOMINAL VALUE (SUB-NOTES PROGRAMME)
PBB had on 11 July 2013, announced that it had obtained approvals from Bank Negara Malaysia and the Securities Commission to establish the Sub-Notes Programme.

PBB is pleased to announce that it has issued the eighth (8th) tranche of Sub-Notes amounting to RM2.0 billion under the Sub-Notes Programme as follows:


a)

Issuer

:

Public Bank Berhad

b)

Issue Date

:

7 April 2022

c)

Nominal Amount

:

RM2,000,000,000.00

d)

Tenure

:

10 years non-callable 5 years

e)

Maturity Date

:

7 April 2032

f)

Call Date

:

7 April 2027

g)

Coupon/Interest Rate

:

3.93% per annum

h)

Details of Utilisation of Proceeds

:

The proceeds of the Sub-Notes shall be made available to PBB, without limitation, for its working capital, general banking and other corporate purposes.

i)

Rating

:

RAM Rating Services Berhad has assigned AA1 rating to the Sub-Notes Programme.


The Sub-Notes will qualify as Tier 2 capital for the computation of the regulatory capital of PBB and PBB Group in accordance with the Capital Adequacy Framework (Capital Components) issued by Bank Negara Malaysia.


The issuance of the eighth (8th) tranche of Sub-Notes under the Sub-Notes Programme will not have any effect on the issued and paid-up share capital of PBB and the shareholdings of substantial shareholders of PBB. The issuance is not expected to have any material effect on the earnings of PBB and the PBB Group, the consolidated net assets of the PBB Group and the dividend rate of PBB.


This announcement is dated 7 April 2022.

Posted by TanJoern > 2022-04-08 18:50 | Report Abuse

pbb need more money?

Posted by jeffchan1901 > 2022-04-08 19:00 | Report Abuse

exactly my thoughts

Posted by TanJoern > 2022-04-09 09:38 | Report Abuse

prepare for the next crash, then can have worthy investments, PBb always prepare ahead of all possible outcome

Posted by stockraider > 2022-04-09 10:46 | Report Abuse

Very defensive investment loh!

Posted by TanJoern > 2022-04-09 20:25 | Report Abuse

steady and safe

Posted by TanJoern > 2022-04-09 20:25 | Report Abuse

Best in such a turbulent situation

Posted by jeffchan1901 > 2022-04-10 11:20 | Report Abuse

I have no doubt that PBB is very safe as a bank since it is conservative (too damn conservative until dividend so little if you ask me). My question then is why need to raise more cash when raising cash in capital market is not cheap nor free. Since they do not have any material liability that I can think so, my guess is could they be raising cash for possible expansion plans in near future? anyone share the same thoughts?

Posted by Sharefisher > 2022-04-11 18:18 | Report Abuse

Read today announcement. Lower rate to replace earlier note.

Posted by jeffchan1901 > 2022-04-12 02:25 | Report Abuse

ok thanks for clarifying this

Posted by TanJoern > 2022-04-12 12:40 | Report Abuse

Then next round can have higher dividend

Posted by Sharefisher > 2022-04-13 14:34 | Report Abuse

Notice FF is not buying aggressively in Bursa this week... Banks will move on to stabilisation soon.

Posted by Sharefisher > 2022-04-14 09:19 | Report Abuse

Local retail is only net buyer yesterday.... FF and local institution are net seller....

Posted by Pgraduate123 > 2022-04-14 10:46 | Report Abuse

Every day 4.67
Or rather Sei luk chet

Posted by Sharefisher > 2022-04-14 15:51 | Report Abuse

Good.. Stable.... 4.67... Long term investors will love it... Haha ha

Posted by Pgraduate123 > 2022-04-15 13:45 | Report Abuse

SEI LUK CHET 4.67 again today

Posted by Sharefisher > 2022-04-15 17:29 | Report Abuse

Ha ha ha.. 4.67

Posted by TanJoern > 2022-04-16 08:46 | Report Abuse

Yes long term investor like it

Posted by masterus > 2022-04-17 06:56 | Report Abuse

朋友，请你看清时势：


        中国大陆开始施行自我保护措施了！

        一是保护国民安全，大幅度减少入境人员。
     
        二是保护国民资产，减缓实物出口。
       
        当美国疫情爆发而长期得不到有效防治时，该国人员隔离、生产停滞、迅速消耗存量物资，又拼命降息、只懂得印钞票进行所谓经济刺激，实际上这是用纸币来掠夺实物，当这个国家存货实物极度匮乏时，纸币就贱如卫生纸，雷同如冥币。

         如果是国际货币，则掠夺的是其他生产国的物资。 生产国换取的外汇，因为疫情，吃穿住行购物旅游都无法实现，还不断的贬值，持币者大亏。

        欧元、美元、英磅、瑞元，都是这样的货币，会逐渐冥纸化。 所以，中国明白了，哪一国疫情不治，大陆就不再拿实物去换冥币一样的外汇。
     
        高筑墙，广积粮，p自我内部循环，保证财富不流失，等待《以物易物》或人民币国际化。
  
       我们有此行动，估计越南、印度、马来西亚、印尼... 等生产国也会采取类似关门措施。

        大家都明白，谁拿实物换冥币，谁就是傻瓜。
       
        美国这个月内，增发1.9万亿亿美元，欧盟，日元也是大量印钞票。
      
       全世界都在靠印钞票度过危机，人民币何去何从这很重要。 跟风的话，通货膨胀，苦果自己吃；不跟的话，等于人民币在抵消货币的通货膨胀，损失还是自己。
    
       所以，我们玩得很绝，不降息，用人民币双边结算。 想买我的物品，要么拿实物，要么拿人民币，美元我不要了。
     
       我们终于醒过来了，不再盲目大量出口，也看清许多国家"大量印钞票"只是在搜刮世界物质财富。
     
        只要认清方向，永远不晚，我们不能再做赔本生意了，中国人照顾好自己的人民才最重要。
   
         美国花一毛钱印了一张百元大钞（而且没任何贵重金属抵押）， 要求买你的一百斤大米，这不是欺负人吗？ 这是明目张胆的诈骗， 是无耻的掠夺。
    
        美国想得很美，有求于中国帮他们度过危机，下一步可能停止贸易战，假装妥协，幻想用印出的大量美元疯狂抢购中国生产的物质，我们不会上当了。

          让美国人去自己玩吧，我们不奉陪了。【 請转发】
       

Posted by stockraider > 2022-04-17 13:49 | Report Abuse

Steady good dividend bank loh!

Posted by Pgraduate123 > 2022-04-17 15:05 | Report Abuse

Monday LUK CHET again?

Posted by Sharefisher > 2022-04-18 10:22 | Report Abuse

4.67 also cannot hold now, you better prepare for lower.... Haha ha... Anyway, long term investors never bothered....

Posted by wan > 2022-04-21 10:36 | Report Abuse

too expensive

Posted by HK_Trust > 2022-04-21 15:34 |

Post removed.Why?

Posted by Pgraduate123 > 2022-04-22 06:42 | Report Abuse

Yesterday Sei Luk Chet again..

Posted by stockraider > 2022-04-22 08:19 | Report Abuse

Go for it loh!

Well manage bluechip banks mah!

Posted by geniusraider > 2022-04-22 10:09 | Report Abuse

1 lok chet n 1 fatt tin every day

Posted by Sharefisher > 2022-04-22 11:37 | Report Abuse

Yes... Nice move back to 4.70..

Posted by 股神 GS > 2022-04-22 14:01 | Report Abuse

from Pbbank latest annual report , page 143:
Superior Returns to Shareholders

Over a medium term horizon of five years, a shareholder of Public Bank who purchased 1,000 Public Bank shares at a price of RM19.72 per share as at the end of 2016 with an initial investment outlay of RM19,720 and have held the shares to the end of 2021 would have received gross dividends totalling RM3,440 and have 5,000 shares (after four for one bonus issue) worth RM20,800 based on Public Bank’s share price of RM4.16 per share as at the end of 2021. Together with the dividends received, this investmentwould give the shareholder a compounded annual rate of return of 4.2% for the five-year period. This outperformed the overall equity market return over the last five years whereby the FTSE Bursa Malaysia Composite Index dropped by 4.5%, from 1,641.73 points as at the end of 2016 to close lower at 1,567.53 points as at the end of 2021.

If a shareholder of Public Bank had bought 1,000 shares in Public Bank when it was listed in 1967, and assuming the shareholderhad subscribed for all rights issues to date and had not sold any of the Public Bank shares, he would have accumulated 744,690 Public Bank shares worth RM3.1 million based on the share price of Public Bank shares of RM4.16 as at the end of 2021. In addition, he would have received a total gross dividend of RM1.7 million whilst having only invested a capital outlay of RM235,612,including subscription for all rights issues. The dividends received and the appreciation in share value translate to a remarkable
compounded annual rate of return of 18.5% for each of the 54 years that this shareholder has held the share in Public Bank since it was listed in 1967.

Posted by LossAversion > 2022-04-22 15:20 | Report Abuse

In 1967, how manyman-on-the-street can afford to buy 1,000 PBB share???

Posted by TheContrarian > 2022-04-22 15:24 | Report Abuse

Sometime in the 1990s I bought 5,000 PBB shares for 80 sen per share.

Posted by Hockhwapbb > 2022-04-22 16:34 | Report Abuse

PBB always a winning formula. Be in it to win it.

Posted by koey > 2022-04-22 16:37 | Report Abuse

Gambateh ...

Posted by Hockhwapbb > 2022-04-22 17:02 | Report Abuse

加油

Posted by derricksyl > 2022-04-22 20:23 | Report Abuse

slow slow going up .... next level break 4.80 soonest ...

Posted by Sharefisher > 2022-04-23 07:57 | Report Abuse

Hope can break 5....by then may release another batch to panic buyers.... Haha ha..

Posted by geniusraider > 2022-04-23 13:07 | Report Abuse

@sharefisher you have so much to dispose.? Looks like pre election rally on the way. 3 to. 6 months pre polling date

Posted by meistsk3134 > 2022-04-23 16:50 | Report Abuse

bu and sell. how the share going up? now investor buy and dump earn peanut

Posted by SHOB > 2022-04-25 06:25 | Report Abuse

break 4.8 today..

Posted by Sharefisher > 2022-04-25 08:54 | Report Abuse

As I always say, buy in batches and sell in batches, as long as you get at reasonablely low price and sell at reasonablely high price will do. No need to buy at bottom and sell at peak. All in and all out was forgotten long ago for me. I did it when I was still green...

Posted by Waterfriend23 > 2022-04-25 10:28 | Report Abuse

Public bank will drop to first level RM1.50, and maybe below RM1. Guy, be careful.

Posted by Sharefisher > 2022-04-25 10:49 | Report Abuse

Best joke of today... Below 1....pbb....haha ha

Posted by Maverickeking > 2022-04-25 14:27 | Report Abuse

@waterfriend23 you need to go to tanjong rambutan for check up cus your brain full of shi''t

Posted by 1invest1 > 2022-04-25 21:59 | Report Abuse

@Waterfriend23
if PBB can drop below 1,
All your stks you own will be ZERO.
All stks in mkt will be ZERO except PBB.

Do you own any PBB shares ?
Or are you here to talk 2 talk 3 ?

Posted by Ahboy96 > 2022-04-26 18:44 | Report Abuse

impossible below rm1... if that really happen... then malaysia economy must be very jialat dy

Posted by stockraider > 2022-04-26 19:08 | Report Abuse

Do not talk like boloh loh!!

How can Rm 1.00 leh ??

Impossible mah!

Posted by HK_Wealth_Management > 2022-04-27 13:52 | Report Abuse

Most of the Europe country request resume natural gas supply from Russia in private as they can afford country daily operation without normal natural gas supply, Russia plan to increase military force to invade Ukraine recently without negotiation, Beijing full lock down confirm, all news from China insider govement.

Posted by Ramakrishna > 2022-04-27 15:23 | Report Abuse

PBB NAB is RM 2.48, so stable, share trading at 4.72

Posted by Hemsley > 2022-04-28 11:19 | Report Abuse

Too stable until it needs another big things to reach above 5.0

Posted by Maverickeking > 2022-04-28 15:11 | Report Abuse

SO near 5.00 yet the goalmouth is moving