According to rumours, while I was day dreaming...

There was a whisper that CIMB will be taking over Maybank due to recent weaknesses.

Information was sketchy cause I was to happy till I forgot to ask why...

Can anyone confirm this?

Or was it just a dream....

muahahha
serious or not

i dun think so....
how can thy have such a big model to take over the biggest bank in msia??

lol, is this kopitiam thread ?

... da guy already say while he was day dreaming.

Do you know how much money need to fork out for CIMB to take over Maybank?

Merger may be a bit realistic.

I don't know whether the "trader" (in the line of work, i hear alot of rubbish) in my dream talking rubbish or not, because Maybank has been significantly weaken the recent days.

Some say it expanded too fast, spending too much and incurring debt along the way. This companies are normally very easily gobbled up by rivals, because this company don't see any profit in the short run caused no more cash to fight hostile takeover.

CIMB has the cash, if Cimb is successful it can takeover all the units and tear all of them apart and make money from it and significantly expand market share by taking what is $$.

How much did CIMB funded for Maxis to go private again?

This post has been edited by aurora97: Apr 7 2008, 10:21 PM

The Edge reported on speculation that maybank maybe going to merge with CIMB when they announce Wahid as the new CEO, maybe the CEO's main task is to complete a merge deal with CIMB to create a banking giant that can compete in regional market. True or not we will see in a few month time.

any supporting link to my bling bling?

guess i wan't day dreaming after all...

by the way whose going to take the lead for Maybank or Cimb?

http://www.theedgedaily.com/cms/contentPri...7af4c4&paging=0

by the way CIMB's Nazir have said recently that a merger is not currently on the table but does not rule out possibility of merger in the future

Hmmmm , then maybank will raise or drop ? Is this a good news or not ler ?

if maybank cimb merge, PB sure feel pain,

disagree...

PBB has the resources to fight back not to mention countless SME's deposits

when two major banks in Malaysia ranking top 1 & 2 in the Bank table, i doubt it one single Bank like PB would be able to compete.

It's worth mentioning that I think some article stated that it would be the biggest bank in South East Asia. (lazy to check ref)

Look at Sime now, top 5 biggest plantation in the world!

Size and earning/profit need to match. One can be the largest but profitability margin wise might not.

Biggest doesn't mean they are best or strongest. Look at Sime and IOI or KLK financial result to compare then you will see which one is running the business more efficient.

But I have to admit in financial world particular for the like banks and financial instituition, the one has more capital has some advantage over the smaller one. But it doesn't mean the smaller one totally can't compete. In business world, the most important issue is to run the business in the most efficient way to generate profitability.

This post has been edited by cherroy: Apr 10 2008, 10:03 PM

CIMB share offer maybe yes..otherwise impossible....

actually the main share holder of Maybank is PNB, CIMB is kahzanah. The management in these two organization does not like each other, this may be a problem for the merger.

it seem like the market like Public bank more than Maybank as the share price of PBB is traded at higher P/E compare with maybank.

PNB are rubbish...look at their counter all are not active counter..

who knows...maybe LPI and PBBANK also merge...muahahhahh

studip me

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Added on April 22, 2008, 5:23 pmwho knows...maybe LPI and PBBANK also merge...muahahhahh

who knows...hahaha

This post has been edited by Yaw Kean Huat: Apr 22 2008, 05:23 PM

MBB and CIMB can merge if BNM allows.

As for PBB, well it is harder to gain ground on merger exercise as it is under BNM's regulations and BNM dictates dos and don't. Or else CIMB can't buy SBB already-loh.

What is in the rumours is PBB and HLBB but alas, to allow the last 2 chinese-like Banks merged is akin to make them stronger. Would BNM allow? The 3rd last chinese-like Bank is SBB and see what happens.

Maybank has been suspended today at around 4pm, does anyone have any intel of what is going on?

Don't think its a merger with CIMB though, but possibility of a strategic merger???

But CIMB is not suspended so it won't be anything related with CIMB.

whether they merge of not, it doesnt affect me, cos im no longer using maybank much anymore.

mostly pbb and hsbc. pbb is the only local bank that i'd use. rest is no no..

but merger is possible, anything is possible in msia. but it'd be a pain for both giants to merge..

This post has been edited by wheimeng: May 2 2008, 10:09 PM

http://sg.news.yahoo.com/rtrs/20080502/tbs...nk-7318940.html

Read this and tell me if any hidden agendas.

A sign of weakness doesn't mean that CIMB will use that opportunity to try to take over maybank. Its very i would like to say 'risky' and lots of capital involve. The finance manager will naik gila....

yea, maybank is like on buying spree, without acknowledging the price. i guess the new ceo wahid would be dealing with these issues when he gets on board.

ITS IMPOSSIBLE FOR THE SECOND LARGEST BANK TAKING OVER LARGEST BANK IN MALAYSIA. Unless maybank is facing any financial crisis. Even maybank is facing any financial crisis the government also won't let cimb to take over maybank. Cimb need to forkout billions to take over maybank.....maybank market capitalization is 50 billion my frend..... 60% of maybank share is own by government (PNB , KHAZANAH, EPF ....)

Hmmm..... if the 2 giants merge..... hope PBB not effected much

biggest in south east asia?

merger is not impossible, since both bank major shareholder are government. If PNB and Khazanah really want to merge maybank and CIMB, it may actually happen.

maybank tried to buy over a bank in indonesia. but then got problem with the 20% tingie and indon gov said MAYBANK will have no special treatment what so ever