Oh my God!!! Is this true? Tanjong PLC gets RM21.80 per share buyout offer. 24% increase from the last price RM17.58. I am still waiting for Bursa Malaysia announcement. But saw this one from Reuters. Tanjong PLC to be delisted.
Tanjong PLC was suspended yesterday. Suspended for 3 days. Will resume trading after official corporal announcement. What is then announcement then?
Based on Reuters, Malaysian billionaire Ananda Krishnan is set to buyout utilities and gaming company Tanjong PLC TJLP.KL for RM20.50 a share. It this true? Or he will split the power division and gaming division?
Let’s wait and see…
Yup, if you are Tanjong PLC and Measat Global Berhad shareholder. You must be wondering why Tanjong and Measat are suspended (or maybe you have insider news already). Based on Bursa Malaysia, both of the companies have been suspended with effect from 9.00 a.m., Wednesday, 28 July 2010, pending an announcement…
It is good or bad? Let me know.
Do you know that where does our money from EPF invest into? Here is the list of top 30 equity investments listed on Bursa Malaysia by Employees Provident Fund Malaysia as at 30 June 2010.
| No. | Share | % Holdings |
| 1. | Msian Building Society Bhd | 67.33% |
| 2. | RHB Capital Bhd | 54.93% |
| 3. | Msian Resources Corp Bhd | 41.91% |
| 4. | Media Prima Bhd | 23.41% |
| 5. | WCT Bhd | 21.69% |
| 6. | IJM Corporation Bhd | 19.45% |
| 7. | Cycle & Carriage Bintang Bhd | 19.09% |
| 8. | Digi.Com Bhd | 17.43% |
| 9. | Star Publication (M) Bhd | 17.22% |
| 10. | Tenaga Nasional Bhd | 16.61% |
| 11. | UMW Holdings Bhd | 16.29% |
| 12. | Shell Refining Co. Bhd | 16.17% |
| 13. | Axiata Group Bhd | 16.05% |
| 14. | S P Setia Bhd | 16.02% |
| 15. | Alliance Financial Group Bhd | 15.82% |
| 16. | Kuala Lumpur Kepong Bhd | 15.23% |
| 17. | Genting Plantations Bhd | 15.21% |
| 18. | Petronas Gas Bhd | 15.16% |
| 19. | Sime Darby Bhd | 14.78% |
| 20. | United Plantations Bhd | 14.76% |
| 21. | Dialog Group Bhd | 14.33% |
| 22. | CIMB Group Holdings Bhd | 14.24% |
| 23. | Proton Holdings Bhd | 13.96% |
| 24. | Puncak Niaga Holdings Bhd | 13.90% |
| 25. | Msian Airlines Systems Bhd | 13.68% |
| 26. | KLCC Property Holding Bhd | 13.41% |
| 27. | Sunrise Bhd | 13.24% |
| 28. | Eon Capital Bhd | 13.14% |
| 29. | IOI Corporation Bhd | 12.87% |
| 30. | Hong Leong Bank Bhd | 12.62% |
Last updated ~ 30 June 2010
Public Bank Berhad (1295 PBBANK) released its 2nd quarter financial result. Making first half net profit 1.419 billion (increased 18.28%). It also declared first interim dividend of 25% less 25% income tax @ RM0.25 based on par value @ RM1.00. The EX date is 03/08/2010, entitlement date and time: 05/08/2010 05:00 PM and payment date is 13/08/2010.

Past 1 year PBBANK stock performance
With current price at RM12.20, PBBANK has 4.51% interest yield. Public Bank Berhad target price from Maybank Investment Bank Research is RM12.50 (hold), OSK Research is RM13.00 (buy) and S&P Equity Research is RM14.00 (buy).
Public Bank Berhad is a good fundamental stock. Has good earning for past several years. It is one of the must have dividend stock counters.