【EONCAP 5266 交流专区】国贸资本

Mr.Business

看了这星期的The Edge，有关于EONCAP的专访，大家不妨讨论看看。

Mr.Business

新闻。

18 Feb 2008: Big Money: What's Primus up to at EON Capital?
By P Gunasegaram

What is it in EON Capital that makes Primus Pacific Partners pay a hefty RM9.55 a share, a near 60% premium on its trading price, to gain a non-controlling one-fifth of the bank and financial services holding company for a hefty RM1.34 billion?

And importantly too, why is it that other shareholders, apart from DRB-Hicom, which sold that stake to Primus, don't get to participate in that largesse? Is it right that a strategic shareholder, if Primus is one, pay a premium price to one particular shareholder, who happens to be a key shareholder for all intents and purposes, and is not required to make an offer to other shareholders on the same terms?

However, such premium prices for small stakes are not unheard-of in Malaysia. Ironically, control of DRB-Hicom itself, the vendor in this instance, passed to tycoon Tan Sri Syed Mokhtar Al-Bukhary who only had to gain control of a mere 15.8% stake to be vested with management control.

But he paid a hefty RM3.60 a share, a 64% premium on market prices then, in a deal worth RM560 million, announced in 2004 and completed after some complications in 2005 with government support. The stake came from the estate of the late founder of the DRB-Hicom group, Tan Sri Yahya Ahmad, who died in a helicopter crash in the late 1990s.

Syed Mokhtar has since consolidated his hold on the DRB-Hicom group by injecting his own assets in return for shares.
Primus however denies, almost vehemently, that it has management control but is making very forward-looking remarks about how value can be created, how it should be done, and mentioning that it will seek to help the EON Cap board in these respects.

Yes, on paper at least, Primus does not gain management control but it is clear that it intends to influence existing management in a substantial way. To quote Primus managing director Jeroen Nieuwkoop: "We want to support the management team in developing a detailed business plan that outlines the opportunities for expansion and value creation."

But then Nieuwkoop added, and we quote: "We are investors and not managers, and we do not want to step into the management's shoes. We leave that to Albert Lau (CEO of EON Bank) and his team."

He said further that he had met the other shareholders and that there was no issue with them. Reports said that Primus executives had met Rin Kin Mei @ Rin Kei Mei, currently said to be the key person at EON Bank, EON Cap's main unit.

Rin reportedly holds 15.4% in EON Cap, which together with Primus' stake of 20.2%, makes it 35.6%. Rimbunan Hijau group chief Tan Sri Tiong Kiew King has 17.1%, Khazanah Nasional Bhd, 10%, and the Employees Provident Fund, 5.3%.

While it may not be officially in control, Primus certainly seems to be making announcements, which should rightly be coming from the board of EON Cap, for instance, the business plan, although Nieuwkoop says that EON Bank will release it.

At the very least, that must mean that Primus must have had a lot of engagement with the board and existing management at EON Bank. And if it pays a 60% premium, it must have some amount of confidence that it will have at least some of its ways with EON Bank.

Otherwise, why risk it, especially when you can take stakes in a number of local financial institutions if you think the Malaysian financial sector is so vibrant instead of putting all your eggs in one little basket for a huge price?

And who is Primus anyway and how can it contribute? What expertise has it in running or helping to run a bank?

At a press luncheon recently, Nieukwoop refused to even give out name cards and declined subsequent emailed questions to their local public relations agency by this newspaper. He did not disclose Primus' fund size or elaborate on its shareholders. He only said they comprised Middle Eastern investors, Asian families, and investors from other parts of the world.

Very little information is available on Primus anywhere. Reportedly, Primus, set up in 2005, invests primarily in financial services companies. The EON Cap stake is its second investment after New China Life.

The question that arises is, should such a fund be allowed to take a significant stake in a local bank and permitted to have such a strong influence, although not outright control, over management?

It is high time the authorities took a more serious view of small stakes of less than the 33% trigger level changing hands at huge premiums on market prices, while significant management and directional changes take place behind the scenes. And there have been many such situations in Malaysia.

Permitting some shareholders to benefit and exit from a listed company with a high price without the same benefit to all other shareholders is inherently unfair and smacks of insider dealings, which are unhealthy for the development of an equitable equity market.That's a situation that must not continue.

http://www.theedgedaily.com/cms/ ... a-8a52b600-73b4f5f8

[ 本帖最后由 Mr.Business 于 25-8-2008 03:30 PM 编辑 ]

Mr.Business

新闻。

01-08-2008: EON Cap appoints three new board members

KUALA LUMPUR: EON Capital Bhd, the holding company of EON Bank Bhd, has appointed three new directors as its board members, comprising two new faces from its equity partner, Primus Pacific Ltd and an Asia-based top British banker.

Ng Wing Fai, 41, who hails from China and a director of Primus, was appointed non-independent and non-executive director. He was a former group managing director of Fubon Financial (Taiwan) from 2000-2005.

Dr Huan Goucang, 59, a US citizen, was appointed non-independent and non-executive director.

He has been the chief executive officer of Primus Pacific Partners (Hong Kong) since 2005.

Rodney Gordon Ward, 64 was appointed independent and non-executive director.

A Cambridge graduate, Ward had held various top positions in international financial services firms, including SG Warburg (London), as head of global corporate finance where he is also a board director.

http://www.theedgedaily.com/cms/ ... a-21447f00-c3d2f25f


19-08-2008: Hefty provision pushes EON Capital into losses
by Yong Yee Nie

PETALING JAYA: A hefty provision, made to keep its loan coverage ratio on par with industry average, has weighed down on EON Capital Bhd’s earnings for the second quarter ended June 30, 2008 (2Q08).

The financial group, which owns EON Bank Bhd and MIMB Investment Bank, announced a loss of RM78.89 million or 11.38 sen per share for 2Q08 compared with a profit of RM43.4 million in the previous corresponding period. Revenue increased marginally by 0.97% to RM972.42 million, compared with RM963.1 million a year earlier.The losses were due to the RM193.9 million of an additional allowance for losses on loans, advances and financing.

EON Cap said it had set aside the one-off additional allowances to align its loan-loss coverage ratio to the industry average. Its loan-loss coverage for non-performing loans rose to 74.1% from 62.1% as at March 31, 2008.

For the first half, EON Cap posted a net loss of RM2.27 million compared with a profit of RM79.69 million a year ago. Its revenue inched up 1.65% to RM1.96 billion against RM1.92 billion.

Looking ahead, the banking group expected the operating environment in the financial services industry to remain competitive and challenging in the second half of 2008.

"Notwithstanding that, the group will continue to build its presence in the retail and middle market segment, and expects to achieve a satisfactory performance in 2008," it said.

http://www.theedgedaily.com/cms/ ... a-df294000-ae8c6ff1

Mr.Business

新闻。

Monday March 31, 2008
EON Capital eyes tie-ups with China, Mideast banks
By ELAINE ANG


EON Capital Bhd is eyeing strategic tie-ups with a major bank in China and another in the Middle East in the second half this year thus providing it with the platforms to tap into the fast-growing markets.

The entry of Primus Pacific Partners as a strategic investor in EON Capital in early February is providing the impetus for the banking group to boost its presence in the local market while also looking beyond Malaysia via partnerships.
Ng Wing-Fai

“The second half of the year will be a very exciting time for EON Capital,” Primus managing partner Ng Wing-Fai said, adding that talks were expected to start in the next two months and the partnerships would enable EON Capital to tap the world's two largest sources of capital – the Middle East and China.

“We want to be the conduit between Malaysia and investors in the Middle East. We can fund a lot of projects with investors from the Middle East and China,” he said.

Ng is upbeat about the prospects for EON Capital arising from the tie-ups, adding: “We definitely will have our Islamic banking partner and China Department set up with one of the mainland Chinese banks. That's only looking at the external market and not the domestic front yet.”

However, he said the tie-ups would not involve a stake sale, as “we won't want to change the shareholding structure of EON Capital for some time”.

According to Ng, many banks in the Middle East and China had proposed to collaborate with EON Capital since Primus announced that it had bought a 20.2% stake in EON Capital for RM1.337bil, or RM9.55 a share, from DRB-HICOM Bhd unit, HICOM Holdings Bhd in early February.

Ng sees huge potential for EON Capital's Islamic banking business and expects a 25% growth in Islamic banking assets per annum for the bank, going forward, versus the industry's 15%.

On the bank's China department, Ng said this would foster Malaysia-China trade. It will enable the bank to capture the trade finance business and investment flows by financing Malaysian companies investing in China and vice-versa.

Another component is property financing where the bank can target the Chinese investors, especially the 100 to 200 million middle-class population under the Malaysia My Second Home scheme.

On the home front, Ng said EON Capital would be investing US$200mil in the next 12 to 18 months into the banking business.

“We will be making serious investments in retail banking,” he said, adding that investments would be in refurbishing branches, internal capability including IT, hiring and training people and centralising some of its operations.

“The turnaround of the EON Capital franchise is well on its way. There will be a lot of changes even on the street level basis from now on.

“We will see a bottom line impact even in this fiscal year. However, it will be very significant next year,” he said.

EON Bank group chief executive officer Albert Lau is said to have put in place a strong and capable management team at the bank.

The banking group will see the appointment of a new chief financial officer in two weeks. A new chief operating officer is also expected to come on board soon.

Ng said the bank's domestic growth would come from retail banking, SME banking and Islamic banking.

The icing on the cake will be the group's strategic tie-ups with its Middle Eastern and Chinese partners.

“We believe a bank of our size, franchise and capability should have a return of equity (ROE) of 15% in 18 to 24 months from our current 6% to 7%.

“This is why we are investing a lot of money into our operations. We want to be a good bank so that ROE can be achieved and sustained,” he said.

Does Ng foresee EON Capital jumping on the regional expansion bandwagon by acquiring banks overseas?

“That will be our next phase of growth – maybe late next year. I have a long list of banks in China for EON Capital to buy. There is no rush,” he said.

http://biz.thestar.com.my/news/s ... 51&sec=business


Wednesday, September 26, 2007
Desperate DRB-Hicom to sell EON Capital to Primus?

Having lost the battle in acquiring Rashid Hussain Berhad’s jewel RHB Bank despite putting the highest offer on the table to Utama Banking Group (KLSE: UBG, stock-code 6831), EON Capital Berhad (KLSE: EONCAP, stock-code 5266) was directionless since then. Many predicted EON Capital could be the target of other banks thereafter. Prior to that there were many rumors of M&A which might see EON Capital being wiped out from the map of Malaysian banking industry.

Early of the year, General Electric Capital, a unit of U.S. conglomerate General Electric Company (NYSE: GE, stock), was reportedly keen on DRB-Hicom's (KLSE: DRBHCOM, stock-code 1619) 20.2 percent stake in EON Capital with mind-boggling offer of RM9.00 per share which will values the stake at RM1.25 billion. The rumor however never materialized.

Later there was rumor that US private equity firm Newbridge Capital was interested in the same EON Capital stake. The repetitive statements from CIMB (Commerce International Merchant Bankers), an investment bank of Bumiputra-Commerce Holdings Berhad (KLSE: COMMERZ, stock-code 1023) pushing the idea of having smaller number of banks had created speculation that the brother of current Malaysia Deputy Prime Minister, Nazir Razak, himself was probably interested in EON Capital.
DRB-Hicom sell EON CapitalEverything remains speculation until today when the corporate business might see EON Capital finally find its partner, or maybe not. DRB-Hicom said it won Central Bank approval to start talks with Hong Kong-based Primus Pacific Partners Ltd. on the sale of DRB's stake in EON Capital Bhd. The controlling shareholder of DRB Hicom, Tan Sri Syed Mokhtar Albukhary was reported to desperately want to dispose the 20.2 percent equity in EON Capital for quite some time as he needs cash to reduce DRB Hicom debts which totaled RM1.9 billion.

Interestingly, DRB-Hicom had denied reports back in July 2007 that Primus Pacific Partners Ltd. was interested in its stake in EON Capital. Whether DRB can sell its stake or not this time will depends very much on the offer price from Primus (or other interested parties not visible yet) and the government’s approval for the sale. Primus Pacific's major shareholders which include the Qatar Investment Authority, the Kuwait Investment Authority and Taiwan's fifth-largest financial holding firm, Fubon Financial might need to cough up nothing less than RM9.00 per EON Capital share. Such speculation will definitely create excitement in EON Capital’s stock price when the market opens tomorrow, Thursday.

http://stocktube.blogspot.com/20 ... ll-eon-capital.html

ThermoFisher

比较其他银行：

Mr.Business

新闻。

Tuesday August 26, 2008
Hong Leong Bank gears up for further expansion
By YAP LENG KUEN, LOONG TSE MIN and YVONNE TAN

Electronic banking, regional expansion and Islamic banking are part of its plans

KUALA LUMPUR: It has been about four years since Hong Leong Bank Bhd (HLBB) set out its business transformation programme and the stellar financial performance unveiled Monday is only one of the outcomes of the programme.

Not resting on its laurels, the banking group is gearing up for electronic banking, expanding regionally and beefing up new business lines such as Islamic banking.

Expansion in Malaysia
Yvonne Chia: Asia ex Japan could be the bright spot in the global economy in the second half of this year.

Group managing director and chief executive Yvonne Chia told StarBiz: “The next level of transformation in Malaysia will be to review the existing distribution network to further optimise our productivity and efficiency as well as to reach out to new communities and a new way of delivery.”

This meant that as customers became more sophisticated, the bank had to think about segmenting the delivery channels for these specific customer segments “and in what way we can achieve high quality service through face-to-face interaction as well as electronic channels,” she said.

The bank is reviewing its entire network, including how the electronic channels can complement the branches.

The recent upgrade of branches goes beyond a face-lift.

“We have already upgraded many branches. You can see our new signboard is brighter and there is differentiation in that sense.

“But now we are going beyond the look and feel,” Chia said.

HLBB has built its network with a key focus on bandwidth and disaster recovery.

“In the process, it has spent on business applications such as in treasury, and also stepped up IT infrastructure and platforms,” she said.

Regional Expansion

Essentially HLBB’s investment in China is on track.

Chia said: “In terms of the regional expansion, we have already concluded the transaction in China and we have today, in China, a chief operating officer who is also the vice-chairman.’’

HLBB announced on July 21 that it had completed the subscription of 650 million shares or 20% equity interest in Chengdu City Commercial Bank Co Ltd.

“We also have two representatives on the board and up to eight people whom we have assigned to strategic positions – finance, personal financial services (PFS), IT, credit and operations,” she said.

HLBB is involved in the strategic planning of the bank.

She said: “At present, we believe it has more or less (been successful in) segregating the non-performing assets and non-performing loans (NPLs).”

HLBB is working with Chengdu City Commercial Bank to scale-up (with the right foundation) the IT infrastructure, governance and internal controls.

“I think these are the foundation for scaling-up especially in a consumer culture. So potentially, this will be one of the fastest growing projects for us,” Chia added.

Islamic banking in Hong Kong

The bank has just last week announced the opening of a window of operations for Islamic banking in Hong Kong.

Chia said: “That is the precursor for us to offer wholesale deposit and investment banking services, fully supported by Hong Leong Islamic bank as well as the head office wholesale and treasury (department).”

She cautioned that it would be a slow process, but the new window was part of preparations to take part in the Islamic banking business out of Hong Kong, where the Hong Kong Monetary Authority (HKMA) is intent on building that business up.

Singapore Business

Despite a competitive market, the bank has been able to sustain its growth in Singapore.

“Singapore (operations) today continues to be ahead in terms of its investment banking transactions, private banking and has been able to differentiate on a sustainable basis,” Chia said.

The bank has also been able to sustain its fee income in Singapore which is on the uptrend.

“We continue to enjoy the support of our clients from the Middle East, China and South East Asia,” she added.

More on transformation

Chia said: “Our results show the momentum of this transformation.”

Post Asian financial crisis, HLBB has undertaken a re-engineering of its workflow and a revamp of credit origination and collection.

“We have also refocused our wholesale and consumer credit with a clear focus on two credit officers,” she said.

The impact has been seen and overall, NPLs have come down with the bank’s emphasis on credit culture based on “a wholesome approach”.

The key now, according to Chia, is finding ways to automate and which will coincide with efforts to step up the bank’s analytics and scorecard to meet the requirements of Basel 2.

“These become our business engineering tools, especially analytics which can aid in marketing and risk management,” she said.

Analytics looks at consumer behaviour from which HLBB aims to draw up marketing programmes.

“In terms of risk, analystics of consumer behaviour becomes the basis to build credit scorecards,” she said.

On the new banking credit management regime, Chia said: “We are comfortable with Basel 2 which allows us to scale and grow in a sustainable manner.”

Talent management

“Part of the challenges that probably would differentiate us today, is people and talent management,” Chia said.

“I think I would say the top team at Hong Leong Bank is strategic and clear with their own respective business programmes in place.

“Let’s just say that I am proud of the leadership as a team, who are able to come together and seen the benefits of the transformation journey and undertake their respective parts,” she added.

In the process, HLBB has built a team that brings in new skill sets which contribute to change across the breath of the business.

“I guess the change is to be relevant to the marketplace, where we retrain the older staff and bring in new skill sets as well.

“It is a combination of training as well as new compensation in-line with the marketplace,” she said.

In strategic terms, the bank is actively bringing in new skill sets to address “the market risk” of a changing environment.

The challenge is to get the combination of old and new to assimilate into the Hong Leong culture of integrity and high performance standards, where we benchmark against the best in the world and the best in class, she added.

Outlook

“Analysts in the US expect that the fallout from the subprime crisis will last until 2009,” Chia said.

However, Asia’s resilience is only in relative terms and the performance of the regional economies still depend on the changing environment in the US and Japan.

The China factor is the main reason that Asia is expected to be able to weather global volatility.

Meanwhile, competition with China’s low-cost manufacturing has actually improved efficiency in many industries in Asia, including Malaysia, making various sectors stronger.

From an investment view point, Chia does not see political risk as the reason for the lacklustre investment scene.

Instead she believes it is all about global efficiencies, incentives in individual countries and events in global markets.

“Nowadays, a dollar is a dollar, and investors look for returns and markets,” she said.

The credit crunch is not so much affected by Asian local currencies, but tight liquidity of US dollars. And foreign investment into Asia is dependent on US dollar position.

Chia remains “cautiously optimistic” about the second half of the year. The banking system is in a much healthier state but cost push inflation is affecting consumption, business growth and demand.

“The bank will have to drive efficiency to cater for the changing marketplace,” she said. It will have to watch the credit and costs, stay in touch with customers’ ongoing business and find new areas as well as offerings in a changing market.

Asia ex Japan could be the bright spot in the global economy in the second half of this year and for the rest of next year even as the credit crisis starts to affect the real economy in the US.

http://biz.thestar.com.my/news/s ... 12&sec=business

傻人最有傻福

Financial Results

Reference No EC-081107-35024

Company Name	:	EON CAPITAL BERHAD
Stock Name	:	EONCAP
Date Announced	:	07/11/2008

Financial Year End	:	31/12/2008
Quarter	:	3
Quarterly report for the financial period ended	:	30/09/2008
The figures	:	have not been audited

Converted attachment :

Please attach the full Quarterly Report here:

傻人最有傻福

SUMMARY OF KEY FINANCIAL INFORMATION

30/09/2008

		INDIVIDUAL PERIOD	CUMULATIVE PERIOD
	CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30/09/2008	30/09/2007	30/09/2008	30/09/2007
		RM'000	RM'000	RM'000	RM'000
1	Revenue	971,641	987,254	2,929,934	2,913,711
2	Profit/(loss) before tax	89,410	88,691	96,088	199,149
3	Profit/(loss) for the period	64,682	63,501	62,415	143,198
4	Profit/(loss) attributable to ordinary equity holders of the parent	64,682	63,501	62,415	143,198
5	Basic earnings/(loss) per share (sen)	9.33	9.16	9.00	20.66
6	Proposed/Declared dividend per share (sen)	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 (RM)	4.4880		4.5245

Note: For full text of the above announcement, please access Bursa Malaysia website at www.bursamalaysia.com

傻人最有傻福

博智入主‧效益彰顯
國貿集團異軍圖突圍

本報專訪：何燕玲

國貿銀行引進策略股東博智資本后，發展前景樂觀，料將為市場帶來更多驚喜。

（吉隆坡26日訊）國貿銀行（EON Bank）引進策略夥伴博智資本（Primus Pacific Partners）后，發展方向明確，放棄舊式經營，不再是沈睡森林，新管理層誓要打造國內強大銀行集團，不再被市場忽略！
國貿消費銀行主管盧志能說，博智進入董事局后，明顯為集團注入生氣和活力，採取主動積極的經營方針，治理方向更明確。
盧志能接受《中國報》專訪時指出，博智的經營理念簡單，就是將國貿打造為國內強大的銀行集團。
“博智僅出席每月的董事會議，會議上從不拖拉，目光遠大，行事果斷，凡事以長期發展為主，董事局不像以往左想右思，擔心這憂心哪。”
他坦言，新股東加入后，國貿的未來發展方向明確許多，過去半年，該行快速且顯著改變，提高曝光和逐漸溶入消費市場，欲打響國貿品牌。
積極轉型
盧志能說，國貿向來被市場誤解為是“租購銀行”，僅處理車貸的小銀行，而近期開始在報章刊登房貸、個人貸款和信用卡廣告，更為積極推出革新產品。
“目的就是，以行動告訴市場國貿的‘真實身份’，這一切的正面改變，博智應記一功。”
博智是在今年2月，以溢價近60%、總代價13億3710萬令吉，向多元資源（DRBHCOM，1619，主板工業）收購國貿資本（EONCAP，5266，主板金融）20.2%股權。
國貿資本為國貿銀行母公司。
博智資本主要股東為卡達投資局（QIA），以及持有台灣富邦銀行股權的蔡氏家族。
博智資本董事經理傑羅恩當時說，將額外注入資本至國貿資本，進一步建立及發展該行業務。
全球銀行估值
明年中更低
針對國貿銀行是否有意在亂世中成英雄，藉全球銀行估值降低時衝出國外，盧志能說，待至明年6月估值或更低。
他說，目前的估值是反映公司12個月前表現，當時銀行業者仍表現不俗，尚未受到金融危影響。
“明年6至10月，料估值會更低，因為有關衝擊已顯現在財務上。”
他指出，估值很可能會繼續滑落，但機會並非常有。
“要檢便宜貨，不容易。”
輕裝應戰
另外，盧志能說，若國內經濟持續穩定，預計此次艱難期不會超過6至9個月。
他直言，只要國內經濟未受到嚴重衝擊，事情還能控制。
“所幸，國貿銀行80%貸款組合來自個人和中小型企業（SME），20%為投資銀行和企業貸款。”
他指出，著重企業貸款的業者，或承受更大壓力和影響。
許多公司為應對宭境，擱置擴展計劃減少貸款，輕裝應戰。
貸款成長GDP增長率一致
貸款成長一般與國內生產總值（GDP）增長率一致。
盧志能說，金融市場不穩定，無法預計國貿明年的貸款成長率，不過一般與經濟成長率相近。
他指出，今年經濟成長率或達5.5%，料貸款成長將錄得6至7%。
“明年，官方預測國家經濟將增長3.5%，換言之，貸款成長率或介于4至5%。”
他坦言，市場因素很不確定，特別是1月農曆新年后，情況或更糟，但整個局勢較明朗化。
好夥伴．大改變
券商雖預計博智至少需要2至3年，才能全面改善國貿的營運，惟市場已看見明顯的改變，說明引進適合的策略夥伴是很重要。
聯昌證券研究曾說，儘管該國貿集團將致力加強國貿資本收益，但全面改善銀行營運，至少需要2到3年的時間，預期短期內，不會對該行財務狀況造成實質影響。
自香港博智加入董事局后，即落實大型的分行轉型計劃，並投資顯著提升數據庫和員工培訓。
國貿今、明年投資近9000萬令吉翻新全閾分行，棄用舊式經營。
該行在國內擁有136家分行，客戶逾100萬，佔國內汽車貸款10%市場分額，信用卡市場市佔率報5%。

傻人最有傻福

財金術語

策略股東
投資者經常聽到策略股東這名詞，其實多數上市公司都會引入，除了可穩定股價外，更可以增加投資者信心，甚至與公司產生協同效益。
由于策略股東的來頭通常不小，若能夠成功引入他們“助陣”，可增加其他投資者或散戶對公司的信心。
策略股東實際對公司的影響，可分為以下3方面；
1.穩定公司股價
一般而言，管理層在引入策略股東時，雙方會訂下若干條款，其中最常見的是股權禁售期，即策略股東向管理層承諾不會在特定期限內，在市場或向其他投資者脫售股權。
策略股東持有一定比重的公司股權，禁售股權，是變相減少市場股票供應量，在供應減少下，公司股價可能因此造好。
2.產生協同效益
公司引入策略股東，除了希望透過后者的知名度，令市場對公司更有信心外，還會希望產生協同效應。
若策略股東和公司本身業務相近，在雙方利益關係一致的情況下，兩者在商討和合作方面較易達成共識，對公司業務有利。
3.決策或受影響
策略股東往往擁有大比重的公司股權，使管理層處理重大決定，需要召開股東大會投票時，都要得到他們的支持才可通過。

etking

博智资本上诉遭驳回　丰隆可顺利收购国贸

二零一一年四月二十八日 晚上十一时三十一分

（槟城28日讯）槟城高庭裁决博智资本（Primus）阻止丰隆银行有限公司（HLBANK，5819，金融组）全面献购国贸资本有限公司（EONCAP，5266，金融组）败诉，这也意味着丰隆银行收购国贸资本的建议，仍可赶在4月30日前进行。

槟城高庭一法官瓦基乔治是于周四下午作出判决时指出，基于诉方无证据显示辩方即国贸多名董事徇私谋利，因此驳回诉方要求，宣判国贸资本特大无效的申请，并且谕令诉方需承担堂费。

他也认为，诉方有意“拖延”以上计划，以让丰隆银行失去耐心，然后再藉此寻找更好价的买家。

丰隆银行以50亿6000万令吉收购国贸资本的建议，已获得股东和有关当局批准。这项判决也赶在丰隆银行给予国贸是否接受每股7.30令吉献购建议的最后期限，即4月30日前给予答复，加上吉隆坡高庭早前宣判国贸资本去年9月27日，通过丰隆银行并购案“的特大合法”，因此预料上述收购案将有望达成。

起诉人即国贸资本的大股东——博智资本是于去年6月入禀吉隆坡高庭，将国贸资本的股东及董事共13人，包括董事林启明、拿督斯里张晓卿、7名新独立董事包括国贸资本主席魏和顺等被列为答辩人，指不同意丰隆银行以“不合理”价格收购国贸资本。

入禀书内容也指出，国贸资本在处理丰隆银行并购国贸资本事件上的处理不合法，并没有顾及公司利益，因此，要求索偿11亿1725万零555令吉的损失，及要求法庭宣判国贸资本于去年3月15日举行的股东大会上，通过委任7名新董事的议决是不合法及无效的。

去年1月21日，丰隆银行建议以每股7令吉10仙，或相等于现金49亿令吉，收购国贸资本所有资产与负债，但随着上述献议被博智资本董事部在去年2月否决后，丰隆银行在事隔3个月内，把收购价提升至总值50亿6000万令吉或每股7令吉30仙。

尽管国贸资本董事部宣布接受丰隆银行新献议，可是博智资本仍坚持不卖，因为该公司是以每股9.55令吉购入国贸资本的20.2%股权。

博智资本是国贸资本最大股东，目前持有逾20％股权。

etking

有消息了:

General Announcement
Reference No EC-110429-29266

Company Name        :EON CAPITAL BERHAD  
Stock Name        :EONCAP  
Date Announced        :29/04/2011  
Type        :Announcement
Subject        : TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS

Description        :
EON CAPITAL BERHAD (“EONCAP” or the “Company”)
- Offer from Hong Leong Bank Berhad (“HLBB”) to acquire the entire Assets and Liabilities of EONCAP (“Offer”)

Announcement Details/Table Section :

We refer to the previous announcements relating to the Offer.
We also refer to a separate announcement of the Company dated 28 April 2011 in relation to the petition filed by Primus (Malaysia) Sdn Bhd (“Primus Malaysia”) on 21 June 2010 (“Primus Petition”), wherein the Board of Directors (“Board”) of EONCAP had announced that the Learned Judge of the High Court of Malaya had on 28 April 2011 disallowed all prayers prayed in the Primus Petition and thereafter proceeded to dismiss the Primus Petition with costs to be borne by the Petitioner.
After due consideration, the Board of EONCAP had, vide its letter dated 28 April 2011, confirmed to HLBB to accept the Offer to sell the entire assets and liabilities of EONCAP at the offer price based on the terms and conditions as contained in HLBB’s letter of offer dated 1 April 2010 (as supplemented and varied by HLBB’s subsequent letters) (“HLBB’s Letter of Offer”), subject to and conditional upon the following:-
(a)HLBB confirming that it has no objection to EON Bank Berhad (“EON Bank”) declaring and paying interim net dividend amounting to RM311,943,930.00 only in aggregate (“Proposed Interim Dividend”) upon receipt of the approval from Bank Negara Malaysia (“BNM”);
(b)  The Proposed Interim Dividend received by EON Capital shall not form part of the assets of EONCAP to be disposed of to HLBB pursuant to the Offer;
(c)  HLBB shall acquire the entire assets and liabilities of EONCAP at the offer price with no deduction for the payment of the Proposed Interim Dividend.
(sub-paragraph (a), (b) and (c) shall hereinafter referred to as the “EONCAP’s Conditions”)

HLBB had vide its letter dated 28 April 2011 reverted to EONCAP to confirm its agreement to the EONCAP’s Conditions, provided that the Board of Directors of EONCAP confirm their acceptance on 28 April 2011. In this respect, the Board of Directors of EONCAP had on 28 April 2011 signed and delivered their acceptance of the Offer.
An application for the Proposed Interim Dividend will be submitted to BNM ("BNM Application"). In addition, an application will also be made to the Securities Commission (“SC”) for the proposed change in controller of MIMB Investment Bank Berhad, (a subsidiary of EON Bank) being a holder of a Capital Market Services Licence issued by the SC ("SC Application”).

Following the acceptance of the Offer by the Board of EONCAP and agreement by HLBB to the EONCAP’s Conditions, once BNM’s and SC’s approvals for the BNM Application and SC Application respectively are obtained, the parties shall complete the transaction.
HLBB has also acknowledged that the net liabilities at EONCAP company level shall not be more than RM14.1 million as at the completion date of the Offer and that no further debts, expenses or liabilities shall be incurred or committed by EONCAP without prior approval from HLBB. Any net liabilities incurred or committed by EONCAP in excess of RM14.1 million without the prior written approval of HLBB shall not form part of the liabilities to be transferred to HLBB pursuant to the Offer.
This announcement is dated 29 April 2011.

etking

不知道我了解对吗：

eoncap 还可以派息 RM311,943,930.00。
市场股量：６９３２０８７３２
酱的话ｅｏｎｃａｐ可以派ｒｍ０．４５　ｐｅｒ　ｓｈａｒｅ．

etking

现在ｅｏｎｃａｐ每股７．２３，收购价７．１０，加派息０．４５，洋溢价０．３２或４．４％。

hkl_libra86

谁有买这个股？情况不好哦~
看来要DELISTED了.....

icy97

谁有买这个股？情况不好哦~
看来要DELISTED了.....
hkl_libra86 发表于 9-6-2011 11:16 AM

Lz如何这么说呢。。？

hkl_libra86

Lz如何这么说呢。。？
icy97 发表于 9-6-2011 11:48 AM

你去bursa saham 的announcement看看~
再看看今天的股价~

Andyp82

早就已经和HLBB合并了。。。

icy97

没什么不妥。今股价调整约两块多，应今天是除权日，它们以五块十六分每一股（免息）回馈股东们。。

Special tax exempt dividend of RM5.16 per share.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 9 June 2011 ]
2) The last date of lodgement : [ 13 June 2011 ]
3) Date Payable : [ 21 June 2011 ]

竟然已成功被收购，接下来它们会开始整合业务，完成后就会申请下市，就这样。。

Further to the announcement of EONCAP dated 6 May 2011, the Board of Directors of EONCAP are pleased to announce that the Company has received an approval from Bursa Malaysia Securities Berhad (“Bursa Securities”) vide its letter dated 25 May 2011 giving the Company a waiver from being classified as an “Affected Listed Issuer” under Practice Note 17 of the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) subject to the following conditions:-
(a)the Company to complete their Proposed Distribution; and
(b)the Company be delisted from the Official List of Bursa Securities upon completion of the Proposed Distribution.
Bursa Securities has also informed the Company that it is not considered a “Cash Company” pursuant to paragraph 8.03(1) of the Listing Requirements.
In addition, Bursa Securities has granted an extension of time of up to 6 August 2011 for the Company to create and have available its own website in compliance with paragraph 9.21 of the Listing Requirements.

hkl_libra86

没什么不妥。今股价调整约两块多，应今天是除权日，它们以五块十六分每一股（免息）回馈股东们。。
Kindly ...
icy97 发表于 9-6-2011 03:03 PM

对对~！！谢谢你的资料^^