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 BIMB - Strong Buy!

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wenqing
post Apr 10 2011, 11:41 PM

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planing to join BIMB share 2moro.Lets hope can get a good price 2moro^ ^

wenqing
post Apr 11 2011, 12:39 AM

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i also think that long term investment is surely worth for the price.u know lah malaysia government always help them to make money one.
wenqing
post Apr 11 2011, 01:24 PM

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look like BIMB still cant shoot up to rm1.70.hope this evening have some pleasant surprise for us ^ ^
wenqing
post Apr 11 2011, 03:33 PM

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omg.wat happen in 2day second half?keep dropping since second half?
wenqing
post Apr 12 2011, 03:18 PM

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wat is the 'red' days today?
wenqing
post Apr 12 2011, 04:34 PM

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should go see doctor now --.--!!!

wenqing
post Apr 12 2011, 05:00 PM

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look like the doctor have given a injection to BIMB.
wenqing
post Apr 15 2011, 09:36 AM

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hopefully 2day is not a red day anymore.BIMB gogogo
wenqing
post Apr 17 2011, 10:31 PM

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i enter too fast last monday with 1.60.still have to wait some time to see the profit bah.
wenqing
post Apr 20 2011, 07:43 PM

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what is taruh?
wenqing
post Apr 21 2011, 02:14 PM

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Thursday April 21, 2011

BIMB to wind up venture capital subsidiary

KUALA LUMPUR: BIMB Holdings Bhd is winding up its venture capital unit, BIMB Musyarakah Satu Sdn Bhd, and only recouping RM11mil out of an initial capital outlay of RM20mil.it.

Its other venture capital unit, BIMB Venture Capital Sdn Bhd, had also undergone a similar winding-up process and has been dissolved as a business entity since Oct 16, 2010.

The winding up of BIMB Musyarakah will conclude BIMB’s exit from the venture capital business.

AFTAAS Corporate Advisory Services Sdn Bhd has been appointed as liquidator for this winding-up process.

BIMB Musyarakah had in fact ceased its investment activities since Aug 29, 2008. Up to Dec 31, 2010, it had divested its remaining investments and had no intenion of carrying on the business.

Meanwhile, as at yesterday, the carrying value of BIMB’s investment in BIMB Musyarakah was RM2.56mill while its total shareholders equity was approximately RM2.97mil.

Other than expenses to be incurred, BIMB does not expect any losses arising from the winding-up process.

“As part of efforts to rationalise the group’s business activities, the group had made a conscious decision not to pursue further involvement in the venture capital industry,” said BIMB in the website.

The RM11mil recouped by BIMB from its initial investment of RM20mil had been repaid in October 2009 by way of a redemption of 11,000 non-cumulative redeemable preference shares.
wenqing
post Apr 21 2011, 02:53 PM

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BIMB gogogogo ^ ^ Rm2.00 Rm2.00
wenqing
post Apr 21 2011, 05:01 PM

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Rm 1.66 up Rm0.12 sen ^ ^ Hopefully 2moro will be better ^ ^
wenqing
post Apr 25 2011, 12:42 PM

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sien lor....if no merger news,sure wont be big rise one de
wenqing
post Apr 27 2011, 02:52 PM

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Bimb warrant is listing soon!!!
Listing Information & Profile for Structured Warrants
Instrument Type : Structured Warrants
Type of Structured Warrants : Call Warrants
Description : European Style Cash Settled
Underlying Stock : BIMB Holdings Berhad
Issuer : AmBank (M) Berhad
Stock Code : 5258CA
Stock Short Name : BIMB-CA
ISIN Code: MYL5258CALC3
Board : Structured Warrants
Sector : FINANCE
Initial Listing Information :
Listing Date : 28/04/2011
Term Sheet Date : 27/04/2011
Issue Date : 27/04/2011
Issue/ Ask Price : MYR 0.1500
Issue Size in Unit : 100,000,000
Maturity Date : 15/12/2011
Exercise/ Strike/ Conversion Price : MYR 1.6000
Revised Exercise/ Strike/ Conversion Price : MYR 0.0000
Exercise/ Conversion Ratio : 2:1
Revised Exercise/ Conversion Ratio :
Settlement Type/ Convertible into : Cash
Name and contact details of the market maker (if applicable) : AmBank (M)
Berhad
22nd Floor Bangunan AmBank Group
55 Jalan Raja Chulan
50200 Kuala Lumpur
Malaysia
03-9235 3388
wenqing
post Apr 28 2011, 05:39 PM

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time to enter BIMB-Ca???
wenqing
post Apr 28 2011, 05:41 PM

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is it possible??if drop until 10cent then i scare will drop until penniless
wenqing
post May 4 2011, 11:01 AM

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bimb 1.50 now!!!!!!
wenqing
post May 4 2011, 11:05 AM

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donno y 2day all my counter are in red colour.see until my eyes pain....
wenqing
post May 11 2011, 10:10 AM

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BIMB everyday move up 2 to 3 cents......

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