Monday 23 April 2012

Timecom & Maybank 新闻

Timecom不知给了HLIB和OSK什么好处,被他们唱好了很久。
MBB开始在泰国发功了,去吧!! 有了印尼和泰国,何愁不成长,
不要乱买银行就好了。


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OSK Research upbeat on TIME dotCom

OSK Research said TIME dotCom Bhd is on track to become a regional wholesale service provider due to the much anticipated acquisition of Global Transit entities and AIMS Group.

"We expect the new enlarged entity to leverage on each other's strengths to provide a more holistic one-stop solution to their wholesale customers," it said in a research note today.

The research house said the enlarged group would have an extensive regional footprint with connectivity from Asia, all the way to the United States.

"We think that with the multiple proposals in the pipeline, there may be a re-rating of the stock, especially when the operations of the acquirees are consolidated together with TIME dotCom later during the year," it said.

OSK Research reiterated its "buy" call on TIME dotCom, with 87 sen fair value. -- BERNAMA


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Maybank looks for Thai bank biz opportunity
BANGKOK: Malaysia’s top lender Malayan Banking Bhd (Maybank) is exploring a bank business opportunity in Thailand but it is not in active talks about acquiring a stake in TMB bank Pcl, its chief executive said today.

“We are not in any active discussion,” Maybank CEO Abdul Wahid Omar told reporters when asked if it planned to buy a stake in TMB.

He was in Bangkok to join with its brokerage unit Maybank Kim Eng Securities (Thailand) Pcl to announce the strategy of its investment banking business in Thailand.

Reuters cited sources as saying that ING was putting its 31 per cent stake in TMB, Thailand’s seventh-largest lender, up for sale as the Dutch financial services group pushed ahead with Asian divestment. - Reuters

Read more: Maybank looks for Thai bank biz opportunity http://www.btimes.com.my/Current ... _html#ixzz1srn3moLM

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Maybank Kim Eng to grow Thai business

BANGKOK: Regional investment banking group Maybank Kim Eng aims to grow its brokerage market share in Thailand to up to 13 per cent this year from 11.8 per cent in 2011, in a bid to remain as the country's top broker.

The group, owned by Malayan Banking Bhd (Maybank), has been ranked the top broker here for each of the past ten years through its local unit Maybank Kim Eng Securities (Thailand).

"Our target is to grow market share to about 12 per cent to 13 percent this year," the Thai unit's chief executive officer Montree Sornpaisarn told reporters here at a press conference on Monday.

He said the firm would strive for "quality" growth and avoid client-pinching as a means to grow.


"We don't want to create pressure in the industry by setting too aggressive a target," he added.

Maybank Kim Eng Securities, which has 45 branches including its head office, currently accounts for 28 per cent of the Maybank Kim Eng group's revenue. The unit made a net profit of 654 baht last year, on the back of revenue of 3.2 billion baht.

It will add three new branches this year and will start wealth management and offshore trading services for its clients as it looks to cement its lead in Thailand.

Maybank president and CEO Datuk Seri Abdul Wahid Omar, who was also present, said Thailand is an important component of the Maybank group given that the country is the second largest economy in the Southeast Asian region. An economic growth of about 5 per cent is expected in each of the next five years, he said.

"This is part of the reason why we acquired Kim Eng Holdings," he remarked.

Maybank bought into Kim Eng Holdings early last year in a move that immediately gave it an investment banking and brokerage presence in the region.



Read more: Maybank Kim Eng to grow Thai business http://www.btimes.com.my/Current ... _html#ixzz1srnH1lrj

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