DRP at RM9.20 is worth it, though the quantum is not much.

the re-invest form is just for purchasing the share using dividend? so if i only have 1 lot of maybank den only can use the 200+? or can use cash to buy more shares?

Yes, the dividend in form stock. if the investor opt for it.

NO, you cant buy extra at DRP using cash, those who OPT DRP, the dividend will recive in stock...want to buy extra hv to buy at market price.

Every time MBB declare divvy, they'll give shareholders the option to opt for cash or DRP?

thanks for clarification i also think it is quite impossible to have such a big 'char siew' to eat..

once opt DRP, then everytime will be DRP. Not sure there is FORM to revoke DRP- wanted cash instate later. Must ask around LYN Forumer anybody do that.

Maybank Capital getting bigger - more money to spend and invest; then must see how well their planning to curb out every investment must hv someform of return.. ELSE increase capital..then everyting waster masuk drain. Spending without calc ROI.

This post has been edited by felixmask: Oct 9 2013, 09:42 AM

how about new shareholders? I just bought in recently

got dividend they will send you this form.
Now CEO also new one..dunnow what the pratice next year.

http://www.maybank.com/en/investor-relatio...e-election.page?

http://www.maybank.com/iwov-resources/corp...DRP_NOE_DRF.pdf

UOB recommend Buy with TP @ 10.50

DRP stands for what ? Dividend Repurchase Price ?

Dividend Reinvestment Plan

Thanks ! Looks like 2 good adv of DRP - 1) can buy at lower than current market rate 2) No buying cost - brokerage + stamp duty + Clearing fee.

Maybank Kim Eng Vietnam to be first 100% foreign owned securities company

Maybank Kim Eng Holdings said it had obtained the approval of the State Securities Commission to convert Maybank Kim Eng Vietnam into a single-member limited liability company -- making it the first 100% foreign owned securities company in Vietnam.

In a statement on Thursday, Maybank Kim Eng said it owns 48.55 % of Maybank Kim Eng Vietnam.

“Upon the approval granted by the SSC on Oct 7, 2013 Maybank Kim Eng Holdings will proceed to complete the transfer of the remaining 51.45% equity stake or a corresponding 15,435,000 shares held by four existing local shareholders and it shall then hold 100% equity stake in Maybank Kim Eng Vietnam,” it said.

Acting Head of Maybank Kim Eng Group John Chong said Vietnam is an important market for the group and he expects a long-term development of its business operations in the country.

Maybank Kim Eng Vietnam had also recently partnered with the SSC on Aug 28 to collaborate on joint initiatives that will contribute to the sustainable and long-term growth of Vietnam’s securities market.

Maybank Kim Eng started its operations in Vietnam since 2008. It offers a full range of financial services including brokerage, internet trading and research, investment banking and corporate finance advisory services. Today, it is ranked among the top 10 brokerages in the country.

Not much upside from current price

Insider news driving down Maybank?

Maybank Cambodia optimistic on prospects with 4 new branches

Maybank Cambodia Plc, with 12 branches in the Indo-Chinese country, is optimistic over Cambodia's medium-to-long-term prospects with its four additional branches opened today, bringing its total network there to 16 branches.

With the opening of the branches, the bank expects them to boost its total deposits and loans by 13 per cent and 16%, respectively, in the next three years.

Chief executive officer Lee Tien Poh said Maybank Cambodia will pursue a more aggressive network expansion plan in 2014 in line with the group's vision to be a regional financial services leader.

Maybank Cambodia is now among the top 10 banks in the country, with average total asset growth of 32 per cent year-on-year in the last five years, he said.

The new branches located at Serey Sophorn, Chroy Changvar, Obek Kaorm and Kampuchea Krom will provide a full range of banking services including deposits and placements, trade finance, loans, remittances, mortgages and global automated teller machine to meet customers' financial and banking requirements.

You join Maybank..then le us know

you also can find those scolarship female you can date/marry with.

This post has been edited by felixmask: Nov 1 2013, 03:45 PM

I don't have any dealings with Maybank, they're not even one of my company's anchor banks

Maybank identifies 4 new areas to boost US operations

Malayan Banking Bhd (Maybank)has identified at least four new areas to expand into, as part of the strategy to boost its operations in the United States (US). They are, transaction banking, asset management, fixed income distribution as well as Islamic banking, it said in a statement today.

Maybank currently has a wholesale branch in New York as well as a broking presence via Maybank Kim Eng.

Maybank President and Chief Executive Officer Datuk Abdul Farid Alias said the Group intends to leverage on the expected pick-up in the US economy which will provide greater opportunities in the coming years.

He said New York is key to Maybank Group's ambition to be a regional universal bank offering distribution and access to US dollar investors.

"We believe we have a unique value proposition as we can connect and serve clients from both sides of the Pacific to meet their global needs seamlessly.

"The expanded Maybank New York operations will not only equip us to better serve customers, it will afford us greater resources to tap on for future growth. "Our aim is for Maybank to become a leading Asean bank in the Americas," he added.