Sorry, I queued at 4.96 since this morning

Me is one of them

Maybe got to see tonight got 'down' or not loh

Maybank now effectively holds approximately 97.5% of the equity interest in BII. The remaining 2.5% of the equity interest in BII is currently held by the public shareholders of BII and BII will continue to be listed on the Indonesia Stock Exchange.

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Added on February 5, 2009, 8:32 amMaybank wins best M&A award
Joke of the year?

This post has been edited by htt: Feb 5 2009, 08:32 AM

Personally think you shouldn't buy for that reason, but if you targeted for longer horizon, buying Maybank might not be a bad idea. And think they will call for right issue also, please standby some money to exercise that if you buy.

Sorry, blurred seeing too much figure today, guess tomorrow have more to go...

RM5.70 still not very high, I had stocks drop until nil one... haha... we learn through mistake...

Conventional warrant... thought it was going to extend for another 5 years but it fail, end up not even have time to respond...

Depends on your horizon etc loh. And depends on who you compare it to. Those bigger banks in Singapore now trading in discount to their NAV, think Maybank still slightly above its.
A lot of factor one leh. But this should be a good proxy for Malaysian economy. Short term should be not much fun.
And need to take into consideration of the right issue also.

MALAYAN BANKING BERHAD ("MAYBANK" OR "THE COMPANY")

PROPOSED RENOUNCEABLE RIGHTS ISSUE ON THE BASIS OF NINE (9) ORDINARY SHARES OF RM1.00 EACH IN MAYBANK (“RIGHTS SHARES”) FOR EVERY TWENTY (20) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN MAYBANK (“SHARES”) (“PROPOSED RIGHTS ISSUE”)

Contents
:

We refer to the announcement dated 27 February 2009 in relation to the Proposed Rights Issue.

On behalf of the Board of Directors of Maybank, Maybank Investment Bank Berhad (“Maybank IB”) (formerly known as Aseambankers Malaysia Berhad) is pleased to announce that the issue price of the Rights Shares has been fixed at RM2.74 per Rights Share.

The issue price of RM2.74 is arrived at after taking into consideration the price of RM4.82 per Share based on the closing price of Maybank Shares traded on Bursa Malaysia Securities Berhad (“Bursa Securities”) as at 5 March 2009 and represents a discount of 34.4% from the theoretical ex-rights price of RM4.17 per Share and a discount of 43.2% to the closing price of RM4.82 of Maybank Shares as at 5 March 2009.

You need to weigh in the ordinary share with the rights.

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Added on March 6, 2009, 6:52 amMean if you hold 100 share of maybank, you entitled to buy 45 share of Maybank at RM2.74 a piece. The price will adjust down to RM4.17 after rights.

This post has been edited by htt: Mar 6 2009, 06:52 AM

No impact to the rights, as the price already fixed. But the ex-right price might get affected.

There are same risk as other counter also mah, I can't get what you mean.

If you hold under direct account, they will send the form to you, if you hold under nominee account, you need to ask your broker/ remiser to do it for you.

1. Sometime there is a window to dispose the right for the right issue in open market, you can try there if there is one.
2. Buy right for the right issue from open market (cannot apply for excess).
3. No commend. But DBS up after ex-date for right.

If they open a window for rights to be trade, it will be something like a 'super short term warrant'. You can just buy the like warrant from KLSE (through any investment bank/ sec.). But not every time they have such window.

Stock Name : MAYBANK
Date Announced : 19/03/2009
Title / Description:
RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,212 MILLION NEW ORDINARY SHARES OF RM1.00 EACH IN MALAYAN BANKING BERHAD ("MAYBANK") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM2.74 PER RIGHTS SHARE, PAYABLE IN FULL UPON ACCEPTANCE, ON THE BASIS OF NINE (9) RIGHTS SHARES FOR EVERY TWENTY (20) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN MAYBANK AT 5.00PM ON 2 APRIL 2009

Despatch Date : 07/04/2009
Date for commencement of trading of the rights: 07/04/2009
Date for despatch of abridged prospectus and subscription forms: 07/04/2009
Date for cessation of trading of the rights: 14/04/2009
Date for announcement of final subscription result and basis of allotment of excess Rights Securities: 27/04/2009
Listing date of the Rights Securities: 30/04/2009

Last date and time for Date Time
Sale of provisional allotment of rights: 13/04/2009 at 05:00:00 PM
Transfer of provisional allotment of rights: 16/04/2009 at 04:00:00 PM
Acceptance and payment: 21/04/2009 at 05:00:00 PM
Excess share application and payment: 21/04/2009 at 05:00:00 PM

RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,212 MILLION NEW ORDINARY SHARES OF RM1.00 EACH IN MALAYAN BANKING BERHAD ("MAYBANK") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM2.74 PER RIGHTS SHARE, PAYABLE IN FULL UPON ACCEPTANCE, ON THE BASIS OF NINE (9) RIGHTS SHARES FOR EVERY TWENTY (20) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN MAYBANK.

Kindly be advised of the following :

1) The Rights commence of trading : [ 7 April 2009 ]

2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer :
[ 7 April 2009 ]

3) The last day and time for Acceptance, Renunciation and Payment :
[ 21 April 2009 @ 5:00pm ]

4) The Rights cease quotation : [ 14 April 2009 ]

The Stock Short Name, Number and ISIN Code [ MAYBANK-OR, 1155OR and MYL1155OR003 ] respectively

1. No.
2. Entitled for 450 share rights.

Because the rights issue ex. there are some discussion on the calculation on this tread as well as the main tread, you might want to refer to them.
remain the same, but determine by market force.