Well, what is more liquid than CASH. Paper gain without realisation is still non-tangible.

Entitlement description : Interim Dividend of 11 sen per share less tax 25%
Payment date  : 16/03/2010

Buck up.... pay more div.... PNB need the div for all it's unit holder......

Can I ask something ?

If I have 500 maybank share bought at 7.30, then dividend is rm 55 ? (what u mean by less tax 25%)

this rm 55 is even lower than putting in FD.

3650 * 0.025 = 91.25 interest

it's just a interim dividend. there'll be more. Maybank's dividend is higher than FD. 25% tax means RM55 - 25% corporate tax = 41.25 but you're able to claim back the 25% when you submit your income tax as it's not your main income.

Good day to everyone,

What's you guys opinion on the maybank dividend reinvestment plan? Is it worth to take up the plan or just receive dividend as usual.

Good day to everyone,

What's you guys opinion on the maybank dividend reinvestment plan? Is it worth to take up the plan or just receive dividend as usual.

I am a new shareholder of Maybank.

Reasons why I bought:

1. Potential gain from BII:

Maybank's average investment cost in BII was Rp455.

BII's share price closed yesterday at Rp1010.

If Maybank floats 17.5% of BII at a very conservative Rp600 per share, it'll make a one-off gain of RM2 billion - a gain which could be used to pay special dividend or even acquire OSK, probably with spare change left.

2. Currently under-owned by foreign investors.

3. Largest market share in domestic deposits.

4. A laggard compared to CIMB and Public Bank

Want to write more but I'm tired and need to take a bath 

I am a new shareholder of Maybank.

Reasons why I bought:

1. Potential gain from BII:

Maybank's average investment cost in BII was Rp455.

BII's share price closed yesterday at Rp1010.

If Maybank floats 17.5% of BII at a very conservative Rp600 per share, it'll make a one-off gain of RM2 billion - a gain which could be used to pay special dividend or even acquire OSK, probably with spare change left.

2. Currently under-owned by foreign investors.

3. Largest market share in domestic deposits.

4. A laggard compared to CIMB and Public Bank

Want to write more but I'm tired and need to take a bath 

I feel MBB is likely make a lost if the have to go through to floating 20% of BII. Simple reason is that the 20% floated won't be able to receive premium valuation as no control is obtained. The investors will just be the for the sake of full filling regulatory requirement. I was thinking why don't MBB just privatise making it a wholly own subsidiary? This would prevent any issues with regulators as its no more a public company. anyways the remaining is only 2.5%....Not that much for the big tiger!

Jan. 6 (Bloomberg) -- Malayan Banking Bhd., Malaysia’s biggest lender by assets, is planning a 4.2 billion ringgit ($1.4 billion) general offer for Kim Eng Holdings Ltd., a Singapore securities broker, said a person familiar with the matter who couldn’t be identified as the information was
confidential.
    Both Malayan Banking, or Maybank, and Kim Eng’s shares were suspended today pending an announcement. Kim Eng said in a Singapore exchange filing on Dec. 17 that it had been approached by unidentified parties that may be interested in buying its shares that may lead to a general offer.
    Celina May Benjamin, a Maybank spokeswoman, was not immediately available for comment when phoned by Bloomberg.

KUALA LUMPUR (Dow Jones)--Malaysia''s biggest lender by assets, Malayan Banking Bhd. (1155.KU), is buying a 45% stake in Kim Eng Holdings Ltd. (K50.SG) for S$3.10 a share, valuing the Singapore brokerage firm at US$1.4 billion, people familiar with the deal said Thursday.

"Maybank will also undertake a general offer to buy the remaining shares," a banker familiar with the deal told Dow Jones Newswires, asking not to be identified.

Maybank is buying a 28% stake from Taiwan''s Yuanta Financial Holding Co. Ltd. (2885.TW) and an additional 17% stake from Singapore investors, people familiar with the deal said.

Maybank''s purchase of the 28% stake in Kim Eng values the target company at 1.9 times book value or MYR4.20 billion ($1.37 billion), the first person said.