OSK Holdings Bhd

Type: Company
Name: OSK Holdings Bhd
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

Nazir’s dream of an Islamic megabank

But only a week later there was a merger proposal between CIMB Group Holdings Bhd, RHB Capital Bhd (RHB Cap) and Malaysia Building Society Bhd (MBSB). It is still early on, but Mr Nazir is creating a megabank that could challenge the market leader in ... [Published Bangkok Post - Jul 21 2014]
First reported Jul 19 2014 - Updated Jul 19 2014 - 1 reports

How much is RHB Bank really worth?

THE proposed creation of Malaysia’s biggest banking group drills down to a basic question – how much is RHB Bank really worth?In other words, will CIMB Group’s valuation of RHB Bank be a figure that is palatable to shareholders of the latter, in particular ... [Published thestar.com.my - Jul 19 2014]
First reported Jul 12 2014 - Updated Jul 12 2014 - 1 reports

The dealbreakers

SHAREHOLDERS of RHB Capital Bhd will have to decide whether to accept or reject an offer to merge the banking group. Below are the two key players in RHB Cap that could make or break the deal for the creation of a mega bank arising from the merger between ... [Published thestar.com.my - Jul 12 2014]
First reported Jul 10 2014 - Updated Jul 11 2014 - 2 reports

RHB Cap, MBSB jump on merger news with CIMB

KUALA LUMPUR: Shares of RHB Capital and Malaysia Building Society Bhd (MBSB) jumped in early Friday trade when they resumed trading after announcing a merger with CIMB to form a mega Islamic bank.At 9.05am, the FBM KLCI was up 1.55 points to 1,894.17. ... [Published thestar.com.my - Jul 11 2014]
First reported Jul 10 2014 - Updated Jul 11 2014 - 4 reports

Bursa KL opens lower on losses in heavyweight counters

KUALA LUMPUR, July 11 — Share prices on Bursa Malaysia opened lower this morning, dampened by losses in most heavyweight counters, dealers said.At 9.26 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.22 points lower at 1,888.4 after opening ... [Published Malay Mail - Jul 11 2014]
First reported Jul 11 2014 - Updated Jul 11 2014 - 1 reports

Market broadly lower, CIMB, Petronas stocks fall

KUALA LUMPUR: Malaysia's FBM KLCI fell to a low of 1,883.84 on Friday, dragged down by losses in Petronas related stocks, CIMB and HLFG while key Asian markets were mixed.At 11am, the KLCI was down 5.22 points to 1,887.40. Turnover was 638.17 million ... [Published thestar.com.my - Jul 11 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 2 reports

CIMB, RHB and Malaysia Building Society to seek merger and become Malaysia’s biggest bank , says report

Datuk Seri Nazir Razak is the CIMB group chief executive. The bank, RHB Capital and Malaysia Building Society are seeking permission from Bank Negara to carry out a corporate exercise that will result in a mega bank. – The Malaysian Insider pic, July ... [Published Malaysian Insider - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

HLFG, HL Bank, PPB nudge KLCI higher at close

KUALA LUMPUR: The FBM KLCI staged a late rally on Thursday to close nearly 1.5 points higher in volatile trade, with fund buying seen in Hong Leong Financial Group (HLFG), Hong Leong Bank and PPB Group.At 5pm, the FBM KLCI was up 1.46 points or 0.08% ... [Published thestar.com.my - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Stocks In Focus MY (CIMB, UMWOG, Yinson Hldgs) – 10/07/14

RHB, CIMB, MBSB To Create Malaysia’s Largest Bank• RHB Capital (RHB) , CIMB Group Holdings (CIMB) and Malaysia Building Society (MBSB) are seeking Bank Negara’s permission to merge.• The merger will result in a bank with an asset size of more than RM600 ... [Published Shares Investment - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Tenaga weighs on KLCI, OSK in focus

KUALA LUMPUR:  The FBM KLCI slipped in early Thursday trade, weighed down by some selling of power giant Tenaga Nasional and BAT while OSK Holdings was in focus following expectations of a merger among CIMB, RHB Cap and MBSB.At 9.40am, the KLCI was down ... [Published thestar.com.my - Jul 10 2014]
First reported Jun 27 2014 - Updated Jun 27 2014 - 1 reports

ANNOUNCEMENT - APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever ... [Published Noodls - Jun 27 2014]

Quotes

"Upgrade CIMB to Buy with target price unchanged at RM7.90; RHB Capital remains a Buy but target price is raised to RM10 (based on 1.4 times FY14 book value, assumed 10% M&A premium over current price and compared with EON Capital's P/BV multiple in Hong Leong Bank acquisition); MBSB is not rated; MBSB's share price is at a year-to-date high" it said
"The growth was taken as a small sign of improvement for the world's number two economy, though there are still concerns about China's uneven recovery, as imports remain lacklustre in a sign of weak domestic demand" he added
"This is evident from the returns it has given to its shareholders in the last two years,” an analyst told The Star."

More Content

All (22) | News (20) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
Nazir’s dream of an Islamic megabank [Published Bangkok Post - Jul 21 2014]
How much is RHB Bank really worth? [Published thestar.com.my - Jul 19 2014]
Asia: Shares mostly higher after Wall St gains [Published Intellasia.net - Jul 15 2014]
The dealbreakers [Published thestar.com.my - Jul 12 2014]
Story behind CIMB merger plan [Published thestar.com.my - Jul 12 2014]
Market broadly lower, CIMB, Petronas stocks fall [Published thestar.com.my - Jul 11 2014]
Bursa KL opens lower on losses in heavyweight c... [Published Malay Mail - Jul 11 2014]
RHB Cap, MBSB jump on merger news with CIMB [Published thestar.com.my - Jul 11 2014]
OSK shares jump 14% to highest level since June... [Published thestar.com.my - Jul 10 2014]
KL higher on buying interest [Published Yahoo! Malaysia - Jul 10 2014]
KL shares end higher on continued buying interest [Published Yahoo! Malaysia - Jul 10 2014]
HLFG, HL Bank, PPB nudge KLCI higher at close [Published thestar.com.my - Jul 10 2014]
KL shares mixed mid-afternoon [Published New Straits Times - Jul 10 2014]
CIMB, RHB and Malaysia Building Society to seek... [Published Yahoo! Malaysia - Jul 10 2014]
Stocks In Focus MY (CIMB, UMWOG, Yinson Hldgs) ... [Published Shares Investment - Jul 10 2014]
CIMB, RHB and Malaysia Building Society to seek... [Published Malaysian Insider - Jul 10 2014]
Tenaga weighs on KLCI, OSK in focus [Published thestar.com.my - Jul 10 2014]
Where does OSK fit into RHB Cap, CIMB, MBSB mer... [Published thestar.com.my - Jul 10 2014]
RHB, CIMB, MBSB seek to merge [Published thestar.com.my - Jul 10 2014]
ANNOUNCEMENT - APPOINTMENT OF INDEPENDENT NON-E... [Published Noodls - Jun 27 2014]
Fact Sheet for OSK Holdings Bhd [Published Able2Act - May 27 2008]
Fact Sheet for OSK Ventures International Bhd [Published Able2Act - May 27 2008]
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