【MBSB 1171 交流专区】马建屋

icy97

伊斯蘭存款制度調整‧馬屋業成本料走揚

2014-04-16 17:01      
（吉隆坡16日訊）馬屋業（MBSB,1171,主板金融組）運作成本料因伊斯蘭存款制度調整而走揚，分析員下調財測，但維持評級及目標價不變。

興業研究表示，馬屋業為專門提供公務員信貸服務的金融業者，因個人貸款業務受國行收緊房屋貸款措施影響，如今轉為專注提供企業貸款，把目標放在部份零售組合。

“馬屋業放眼2015財政年貸款成長8%至12%，預期更多非利息收入來自回教保險及財富管理產品，抵押貸款料因開始提供更具競爭力的利率（貸款基本利率-2.4%）而恢復成長。”

不過，因零售組合潛在營業額將萎縮及面臨短期監管風險，本益比調低至10倍，前期為11倍，落在銀行估值尾端。

下調今後年財測2至3%

“隨著金融服務法令調整及運作成本將走揚預測，下調2014/2015財政盈利預測2至3%，相信轉換至現金融資存款將更加符合該機構資本管理策略及存款需求。”

馬屋業預料將在2015年6月的期限前整頓其分享存款（Mudharabah Deposits），從2012財政年的150億令吉提昇2013財政年的210億令吉，至現金融資存款（Tawarruq Deposits）或投資戶口。

興業研究認為，企業及抵押貸款持續向上增長趨勢可能帶動該股獲重估，一旦獲頒銀行執照也將完整化其財政業務及吸納存款活動，至於主要風險包括監管風險、資產品質及成本收入比率惡化。

有鑑於此，維持“買進”評級及目標價2令吉60仙不變。（星洲日報／財經‧報道：郭曉芳）

icy97

马建屋2年成全方位银行

财经 2014年4月22日
（吉隆坡22日讯）银行转型议题再度成为马建屋（MBSB，1171，主板金融股）股东常年大会的焦点，该公司总裁兼首席执行员拿督阿末再尼奥斯曼对此进一步表示，即使不以合併的方式，马建屋在2年內也有能力成为全方位银行。       

他指出，带领马建屋转型成为全方位的银行的目標一直没变，虽然马建屋有能力靠自己达到目標，但通过併购可以更快速地扩展银行业务。

自从合併消息传出后，他就再三强调，这项计划最终决定权依然是大股东，管理层只是执行大股东做出的选择。

「决定仍然会以股东们的利益为主，如果他们想要以合併方式，我们將会以他们的意愿为主。」

阿末再尼奥斯曼今日出席该公司股东常年大会后的记者会上，发表上述言论，陪同出席者还有高级副总裁兼首席財务员邓佑西。

与此同时，邓佑西透露，如果马建屋不以合併方式进行转型，至少需花费两年时间才能达到成为全方位银行的目標。

「目前，马建屋转型为全方位银行的进度已达到80%，余下的20%料在两年后才能完全成形。」

5大业务扶持

此外，马建屋之前建议派发每股5%或5仙的终期单层股息，在今日的股东大会上正式获得通过。

出席马建屋股东大会的一名不具名小股东向《东方財经》透露，马建屋管理层在大会上分享公司的前景展望，並称2014年营业额將受到5大业务扶持，分別为第一、中小型企业（SME）和土著的融资计划；第二、油棕种植园融资计划；第三、汽车贷款（HP）业务；第四、油气融资业务；第五、开拓新批发领域。

该小股东表示，公司今年计划开设6家新分行，马建屋目前拥有45家分行，而该公司全马第一家儿童基金公司设在蒲种，並计划在檳城开设另一家分行。

小股东说，马建屋管理层认为，產业盈利税（RGPT）实行主要是政府为了打击產业市场的投机活动，以放缓新盘推出的速度和数量，相对的也降低房產供应。

管理层称，虽然供应减少，但需求却日益剧增，而且巴生谷、金三角地段仍是房產热区。

因此，管理层预测，政府在未来3至4年不会取消產业盈利税的措施，因为只有长期实行，才能看到打房措施的成效。

除此之外，在国家银行推出种种措施，包括伊斯兰金融服务法令（IFSA）下，阿末再尼奥斯曼仍然对公司非常有信心，並预测2014年整体贷款业务能取得10至12%的增长。

「我们依然非常自信，公司2014財政年税前盈利可以达到10亿令吉。」

他表示，在约两年前，马建屋將开始朝向多元性的发展，包括企业、批发、种植融资等，虽然国行推出的措施可能对业务造成影响，但相信影响不大，马建屋目前的营业额仍保持稳定的成长。

4大盈利贡献

零售、企业、產业和油气业务仍是马建屋主要的业务贡献来源，而新推出的油棕种植园融资计划料使企业贷款的成长走强。

唯，邓佑西表示，该计划还在初始状况，要等正式打入市场后，才能看到显著的贡献。

马建屋目前的成本对收入比率为18%，阿末再尼奥斯曼预计，在2014和2015財政年均有4至5%的成长。

「即使没有伊斯兰金融服务法令，公司的成本还是会上升，这归咎于马建屋正在转型为全方位银行的举措。」【东方网财经】

icy97

ype	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES
Description	MALAYSIA BUILDING SOCIETY BERHAD (“MBSB” OR “COMPANY”) DIVIDEND REINVESTMENT PLAN THAT GIVES SHAREHOLDERS OF MBSB THE OPTION TO ELECT TO REINVEST THE ELECTABLE PORTION OF THEIR FINAL CASH DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2013 IN NEW ORDINARY SHARES OF RM1.00 EACH IN MBSB (“MBSB SHARES”) (“FIRST DIVIDEND REINVESTMENT PLAN”)
Reference is made to the announcements dated 10 October 2013, 22 November 2013, 10 December 2013, 2 April 2014 and 10 April 2014 as well as circular dated 25 November 2013 in relation to the dividend reinvestment plan (collectively referred to as “Documents”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Documents. On behalf of the Board of Directors of MBSB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the issue price for the new MBSB Shares to be issued pursuant to the First Dividend Reinvestment Plan applicable to the single-tier final cash dividend in respect of the financial year ended 31 December 2013 of five (5) sen per MBSB Share (“Final Dividend”) has been fixed today (“Price Fixing Date”) at RM2.03 per new MBSB Share (“Issue Price”). The Issue Price represents a discount of approximately 9.78% to the ex-dividend volume weighted average market price (“VWAP”) of MBSB Share of RM2.25, which was arrived at after taking into consideration:- (a)        the five (5)-day VWAP of RM2.30 per MBSB Share up to and including 21 April 2014, being the last trading day prior to the Price Fixing Date; and (b)        a dividend adjustment of 5 sen to the five (5)-day VWAP of MBSB Share. Barring any unforeseen circumstances, the new MBSB Share arising from the First Dividend Reinvestment Plan will be listed on the Main Market of Bursa Malaysia Securities Berhad early June 2014. This announcement is dated 22 April 2014.

icy97

EX-date	06/05/2014
Entitlement date	08/05/2014
Entitlement time	04:00:00 PM
Entitlement subject	Final Dividend
Entitlement description	Single-tier Final Dividend in respect of the financial year ended 31 December 2013 of 5.0 sen net per ordinary share of RM1.00 each in MBSB.
Period of interest payment	to
Financial Year End	31/12/2013
Share transfer book & register of members will be	to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no	Equiniti Services Sdn Bhd (11324-H) Level 8, Menara MIDF, 82, Jalan Raja Chulan, 50200 Kuala Lumpur. Tel: 03-21660933
Payment date	05/06/2014
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	08/05/2014
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit	06/05/2014
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.05

icy97

Type	Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID	MM-140423-37347
Subject	REPLY TO QUERY
Description	REF: ARTICLE ENTITLED: “MBSB SAYS IT IS ON RIGHT TRACK TO BECOME A FULL FLEDGED BANK”.
We refer to letter from Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 23 April 2014 (Reference number: MM-140423-37347) on the following highlighted statements mentioned in the the abovementioned article which was published on the Edge Financial Daily Page 6 on Wednesday, 23 April 2014:- “MBSB says it is on right track to be a full-fledged bank.” “… MBSB is capable of being a standalone bank without any mergers and acquisition…” “… MBSB can be a stand alone full-fledged bank as it is already quite “clean and lean”, noting that a banking license is needed if the company wants to operate as a full-fledged bank.” We do not deny the abovesaid statements mentioned in the article. The statements should be read  together with the rest of the article which states that any move towards becoming a bank will require approval from the shareholders and the authorities. We wish to inform that MBSB has been continuously raising its operational standards to close the gap between itself and that of a licensed financial institution. In this context, MBSB has already completed 80% of best industry practices and Bank Negara Malaysia (BNM) guidelines and will expect the balance 20% to be completed within the next 2 years. As of todate, MBSB has yet to make an application to the authorities for a banking license. This announcement is dated 23 April 2014.

APULA

馬建屋未履約貸款 冀2年內降至2%
財經30 Apr 2014 17:25
http://www.chinapress.com.my/node/522200

（吉隆坡30日讯）立志在2年内成为全方位银行的马建屋（MBSB，1171，主要板金融），放眼这2年内将未履约贷款（NPL）降至2%；目前未履约贷款介于5%至5.5%。

该公司总裁兼总执行长拿督阿末再尼指出，只要有良好风险管理架构，相信可进一步降低未履约贷款，至目前2%业界水平，这当中也胥视其他因素如良好收账系统、重组债务能力，及持续管理债务组合等。

“这个目标是马建屋的志向，有这样的目标对公司来说也是好事，我们也将持续强化公司房贷业务，确保符合国家银行责任放贷指南。”

他今日代表马建屋与大马再抵押机构（Cagamas）签署协议后，如是回应媒体提问。列席者包括马建屋主席丹斯里阿都哈林、财政主管阿斯鲁哈斯里、大马再抵押机构主席拿督黄三光、总裁兼总执行长曾志良，及总财务长拉菲查。

银行业未履约贷款水平约2%，相比下马建屋介于5%至5.5%的未履约贷款相当高，阿末再尼透露，这主要都是先前的遗留贷款（legacy loan）拖累，若扣除遗留贷款，公司未履约贷款约为1.2%。

促进资金流动

“回想起7年前，公司未履约贷款高达40%，现在能有这般（5%至5.5%）水平已相当好，只要能妥善管理遗留贷款，相信要在2年内达至2%未履约贷款目标不是问题。”

根据上述协议，一旦马建屋有需要可出售旗下房贷与伊斯兰房贷予大马再抵押机构，藉以促进资金流动；后者将评估有关贷款组合，决定是否在特定年限购买有关贷款。

icy97

MALAYSIA BUILDING SOCIETY BERHAD

Type	Announcement
Subject	OTHERS
Description	Quarterly Financial Report pursuant to Paragraph 9.22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
We wish to inform that Malaysia Building Society Berhad ("MBSB") has scheduled to release its' financial results for the first quarter ended 31 March 2014 on Thursday, 15 May 2014 in accordance with Paragraph 9.22 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. This announcement is dated 30 April 2014.

blizard

请问MBSB和Cagamas所签的合同是什么来的呢？

APULA

首季表現超標 馬建屋獲利近2億
企業財經15 May 2014 16:53
http://www.chinapress.com.my/node/526227

（吉隆坡15日訊）馬建屋（MBSB，1171，主要板金融）截至3月底首季淨利，從1億6614萬令吉，按年起18.4%至1億9673萬令吉。
　
至于營業額亦按年起18.6%，達6億6711萬令吉，對比2013財年首季達5億6247萬令吉。
　
馬建屋總裁兼總執行長拿督阿末再尼發布文告稱：“馬建屋將專注推動持續性盈利成長，雖然商業環境充滿挑戰，但零售業務和企業資產成長，在首季交出正面表現。”
　
他指公司將專注擴展企業業務，包括企劃融資、合約融資、批發銀行等，料有全新策略成長。馬建屋今年會策略性專注于油棕種植融資和工業租賃貸款。
　
此外，該公司首季淨資產按年成長14.6%，達304億令吉。而首季表現亦超越關鍵績效指標（KPI），其中首季股本回酬（ROE）為26.2%，對比全年目標達15%。這主要由伊斯蘭銀行和傳統銀行業務較高收入貢獻。
　
至于首季營業額成長為5.2%，相較全年目標達10%。
　
阿末再尼指，馬建屋將如期達到本財年設下目標。

SUMMARY OF KEY FINANCIAL INFORMATION 31/03/2014

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/03/2014	31/03/2013	31/03/2014	31/03/2013
		$$'000	$$'000	$$'000	$$'000

1	Revenue	667,110	562,475	667,110	562,475
2	Profit/(loss) before tax	266,964	237,110	266,964	237,110
3	Profit/(loss) for the period	196,734	166,144	196,734	166,144
4	Profit/(loss) attributable to ordinary equity holders of the parent	196,734	166,144	196,734	166,144
5	Basic earnings/(loss) per share (Subunit)	8.37	13.08	8.37	13.08
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.4579		1.2508

icy97

Type	Announcement
Subject	OTHERS
Description	•        Target Headline Key Performance Indicators (“KPI”) for 2014 •        Achievement of 1st quarter 2014 KPIs
Malaysia Building Society Berhad (“MBSB” or “the Company”) Target Headline Key Performance Indicators for 2014 and its achievement for the 1st quarter 2014 Announcement Details : HEADLINE KPIs The Company would like to announce the target Headline KPIs for 2014 as set out in Table 1. These KPIs have been set and agreed by the Board of Directors and Management of the Company as part of the broader KPI framework that the Company has in place, as prescribed under the Government Linked Company (“GLC”) Transformation program and is disclosed on a voluntary basis. It should be noted that these headline KPIs are targets or aspirations set by the Company for the respective years as a transparent performance practice. The KPIs should not be construed as estimates, forecasts or projections of the Company or representations of any future performance, occurrence or matter as the headlines are merely a set of targets or aspirations of future performance aligned to the Company’s strategy. HEADLINE KPIs FOR THE 1ST QUARTER 2014 The Group net return on equity growth has exceeded the Headline KPIs. This was mainly due to higher income from Islamic banking operations and conventional banking business. TABLE 1 Target 2014 Headline KPIs 1st Qtr 2014    3 Months Unaudited Group Results 1. Annualised group net return on equity 15.0% 26.2% 2. Annualised group revenue growth 10.0% 5.2% This announcement is dated 15 May 2014.

APULA

首季淨利勝預期‧馬屋業評級正面
2014-05-19 17:37
http://biz.sinchew.com.my/node/95276?tid=18#ixzz329nJxxNd

（吉隆坡19日訊）馬屋業（MBSB,1171,主板金融組）成功在2014財政年取得開門紅，首季淨利表現基本跑贏市場預測。儘管分析員對整體營運環境仍有顧慮，但還是普遍給予該股正面的投資評級。

馬屋業截至3月31日止首季淨利上揚18.41%，從前期的1億6千614萬令吉升至1億9千673萬令吉，佔市場全年預測大約31%。

首季營業額達6億6千711萬令吉，比去年同期的5億6千247萬令吉高出18.6%。

儘管首季的成本對收入比率（CIR）從前期的18.5%上漲至21.7%，但在貸款與融資減值撥備降低的情況下，馬屋業仍成功錄得淨利成長。

無論如何，考慮到首季的淨利表現主要是受偏低的年化信貸成本所推動（19個基點），惟肯納格研究認為低信貸成本難以持續全年，因此並未僅抱持馬屋業首季淨利與預期相符的看法。

興業研究也相信該集團將在來臨數季面臨信貸成本走高以及淨利息賺幅進一步受壓的困境。

雖然淨利息賺幅（NIM）按年下跌44個基點，但馬屋業仍在首季寫下12.2%的淨利息收入成長。該公司首季的總貸款為321億令吉，年化總貸款成長僅達到1.6%，遠低於公司內部10%的指標。

企業貸款方面，撇除將發放的2億令吉貸款，肯納格預測馬屋業將在來臨數季陸續鎖定約25億令吉的貸款；至於批發銀行業務方面，撇除將發放的6千萬令吉貸款，肯納格預測該集團來臨依舊可獲得約8億令吉的貸款。

“如果上述貸款可在本財政年全面發放，該集團的貸款成長將會超越我們所預測的13%成長率。”

儘管如此，在金融領域劇烈的競爭環境衝擊下，貸款組合上的轉變也料將進一步拉低淨利息賺幅。肯納格暫且維持該集團2014財政年淨利息賺幅下跌32個基點的預測，但不排除將會出現更大跌幅的可能性。

由於肯納格已經將大部份的潛在下行因素計算在內，因此不排除馬屋業來季會出現優於預期的業績表現。有鑑於此，儘管該集團的貸款成長前景受到相當的關注，肯納格仍樂觀看待其前景。



（星洲日報／財經‧報道：孔令堯）

Kevlee

加码！！！

icy97

Whether the corporate proposal involves the issuance of new type and new class of securities?	No
Types of corporate proposal	Others
Details of corporate proposal	DIVIDEND REINVESTMENT PLAN THAT GIVES SHAREHOLDERS OF MBSB THE OPTION TO ELECT TO REINVEST THE ELECTABLE PORTION OF THEIR FINAL CASH DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2013 IN NEW ORDINARY SHARES OF RM1.00 EACH IN MBSB (“MBSB SHARES”) (“FIRST DIVIDEND REINVESTMENT PLAN”)
No. of shares issued under this corporate proposal	49,327,347
Issue price per share ($$)	MYR 2.030
Par Value ($$)	MYR 1.000
Latest issued and paid up share capital after the above corporate proposal in the following
Units	2,674,295,857
Currency	MYR 2,674,295,857.000
Listing Date	06/06/2014

LIMWEESIN

Kevlee 发表于 19-5-2014 09:19 PM
加码！！！

肯定。
去年想买,但价格太高。

chrisllc

想问一下最近MBSB 都起到2.170了，还适合买吗？还是有可能会在近期跌呢？

Rhino

chrisllc 发表于 10-6-2014 12:16 PM
想问一下最近MBSB 都起到2.170了，还适合买吗？还是有可能会在近期跌呢？

这样的问题很难解和主观, 别人看见它有潜质, 认为有机会, 但是也有人认为它过于高估了.

老样子, 还是需要你自己做些功课, 阅读公司近来几季的财报, 关于国内银行业的动态活动, 或参考一些投资银行的评估.

APULA

热门股 马建屋上挑RM2.43
股市 热股技术点评  2014-07-05 12:34
http://www.nanyang.com/node/632930?tid=704

马建屋（MBSB，1171，主板金融股）日线趋势于7月4显现着一段技术反弹走势，于尾盘时继续回扬，闭市时收2.29令吉，按日涨10仙或4.57%。

短期间，该股料会于上挑2.30-2.43令吉水平间。

icy97

Type	Announcement
Subject	SUSPENSION OF SECURITIES
Description	Malaysia Building Society Berhad Suspension of Securities
The Board of Directors of Malaysia Building Society Berhad ("MBSB") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has approved the Company's request for a suspension in the trading of the securities of the Company on  the Main Market of Bursa Securities with effect from 9.00 a.m., 10 July 2014 to 5.00 p.m., 10 July 2014 pending the release of a material announcement. This announcement is dated 9 July 2014.

ahlauweihotmail

有传言说CIMB，RHB和MBSB进行合并。会有这可能性吗？

jeremy1983

有消息了吗?