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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

via: Employees Provident Fund Malaysia

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.


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