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Malayan Banking Bhd (MBBM.KL)

MBBM.KL on Kuala Lumpur Stock Exchange

7.91MYR
9 Dec 2016
Change (% chg)

RM0.01 (+0.13%)
Prev Close
RM7.90
Open
RM7.90
Day's High
RM7.93
Day's Low
RM7.88
Volume
4,459,400
Avg. Vol
--
52-wk High
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Latest Key Developments (Source: Significant Developments)

Serrano updates on letters of demand from Maybank
Wednesday, 28 Sep 2016 11:23am EDT 

Serrano Ltd : Sorrento vietnam is currently in negotiations with a potential buyer in connection with property disposal . Unless maybank amounts due fully repaid within 10 days from 27 sept, maybank reserves their rights to take such legal action as appropriate . Group continues to be in discussions with sorrento vietnam and maybank on undertaking agreement, property disposal and maybank facilities . Received letter of demand from lawyers acting for maybank to inform that sorrento vietnam has defaulted in making payment of amounts due and owing to maybank . Lawyers acting for maybank have been instructed to demand that serrano holdings make payment of outstanding amounts of us$2 million and vnd32.4 billion in aggregate .In interim, group continues to be in discussions with sorrento vietnam and maybank on undertaking agreement.  Full Article

Malayan Banking Bhd posts qtrly net profit of 1.16 billion RGT
Thursday, 25 Aug 2016 12:45am EDT 

Malayan Banking Bhd : Qtrly net profit 1.16 billion rgt versus 1.58 billion rgt . Qtrly revenue 10.94 billion rgt versus 8.94 billion rgt . Proposed dividend 20.00 sen per share . Qtrly net earned insurance premiums 1.06 billion rgt versus 1.05 billion rgt . Co's "three home markets of Malaysia, Singapore and Indonesia, the expectation is that real GDP growth will undergo a more mixed trend" . "Expects its financial performance for 2016 to be satisfactory in a more challenging regional environment" . Group continues to monitor the impaired status of some loans with the intention of recognising some recoveries in 2h FY 2016 . Has set two headline key performance indicators ("KPI") of return on equity ("ROE") of 11%-12% and group loans growth of 8%-9%" .  Full Article

Malayan Banking Bhd appoints Dato' Amirul Feisal Bin Wan Zahir as CFO
Tuesday, 7 Jun 2016 05:23am EDT 

Malayan Banking Bhd : Dato' Amirul Feisal Bin Wan Zahir appointed as chief financial officer . Says redesignation of Dato' Mohamed Rafique Merican Bin Mohd Wahiduddin Merican as chief financial officer .  Full Article

Malayan Banking Bhd posts qtrly profit attributable 1.43 billion rgt
Friday, 27 May 2016 12:58am EDT 

Malayan Banking Bhd : Qtrly profit attributable 1.43 billion rgt versus 1.70 billion rgt . Qtrly revenue 11.18 billion rgt versus 9.18 billion rgt . No interim dividend has been recommended during the first quarter ended 31 March 2016 . "The real world gdp growth is forecast to remain at 3.1% in 2016" . Group's allowances for impairment losses on loans, advances, financing and other debts up by rm617.1 million to rm865.1 million for three-month ended 31 March 2016 . "group expects its financial performance for 2016 to be satisfactory in a more challenging regional environment" . Qtrly net interest income 2.90 billion rgt versus 2.60 billion rgt .  Full Article

Malayan Banking Bhd announces members' voluntary liquidation of Maysec (KL) Sdn Bhd
Sunday, 28 Jun 2015 08:00pm EDT 

Malayan Banking Bhd:Says dissolution of Maysec (KL) Sdn Bhd, wholly owned by Maysec Sdn Bhd, and its penultimate holding company is Maybank Investment Bank Berhad, which in turn is a wholly-owned subsidiary of Malayan Banking Bhd.Liquidation of Maysec (KL) was part of the corporate rationalization exercise at Maybank IB.Dissolution of Maysec (KL) will not have any material effect on the consolidated earnings or assets of Maybank for the year ending Dec. 31.  Full Article

Malayan Banking Bhd announces proposed disposal of the entire equity interest
Monday, 18 May 2015 07:53pm EDT 

Malayan Banking Bhd:Announces that Maybank, has on May 18 entered into a share sale agreement with Kina Ventures Limited and Kina Securities Limited, for the proposed disposal of Maybank’s entire equity interest in Maybank (PNG) Limited and Mayban Property (PNG) Limited to Kina Ventures.  Full Article

Malayan Banking Bhd declares final single-tier cash dividend
Sunday, 12 Apr 2015 08:00pm EDT 

Malayan Banking Bhd:Declares final single-tier cash dividend in respect of the financial year ended Dec. 31, 2014 of 0.33 ringgit per ordinary share of 1.00 ringgit each in Maybank.Payable on May 26.  Full Article

Malayan Banking Bhd announces cessation of subsidiary
Monday, 22 Dec 2014 07:00pm EST 

Malayan Banking Bhd:Says Maybank ATR Kim Eng Capital Partners, Inc. (MATRKE Capital), an indirect subsidiary of Maybank through Maybank Kim Eng Holdings Limited (MKEH), has sold 3,100,000 common shares representing 100 pct ownership in ATR Kim Eng Land, Inc. (ATRKE Land).Sold to Rockwell Primaries Development Corp., ATR Holdings, Inc. and Dragon Eagle International Limited on Dec. 22.Sale was completed as part of MKEH’s initiative to divest its non-core assets.ATRKE Land ceased to be an indirect subsidiary of Maybank with effect from the Closing Date.  Full Article

CORRECTED-Malaysia's Maybank Q3 profit falls 5.4 pct on tax charges

Kuala Lumpur, Nov 24 Malaysia's biggest lender Malayan Banking Berhad (Maybank) posted a fall in third-quarter profit due to a lower tax charge in the same period a year earlier.