Friday, January 29, 2010

PBBANK has started initiation of Shares Buy Back ?

I extracted the announcement below this morning and noticed that the figure that i calculated for outstanding treasury shares is not tally. So would like to make a correction and record here. At least to make the figure near or close to accuracy so as to serve a more accurate calculation in future. Looks like PBBANK is starting the buyback activities. Remember there is initiation of 10% shares buyback here. Good Luck!! :)

1295 PBBANK PUBLIC BANK BHD


Notice of Shares Buy Back - Immediate Announcement


Date of Buy Back : 28/01/2010

Description of Shares Purchased : Ordinary shares of RM1.00 each

No. of Shares Purchased : 10,000 shares

Minimum Price Paid For Each Share Purchased : RM 11.740

Maximum Price Paid For Each Share Purchased : RM 11.740

Total Consideration Paid : RM 117,400.00

No. of Shares Purchased Retained in Treasury : 10,000 shares

No. of Shares Which Are Proposed To Be Cancelled : 0 shares

Cumulative Net Outstanding Treasury Shares As At To-Date : 68,025,318 shares

Adjusted Issued Capital After Cancellation : 0

Date Lodged With Registrar of Company :

Lodged By :



Remarks:

Total cumulative net outstanding treasury shares as at 28 January 2010 comprise

the following:

68,025,318 Local Shares (Stock Code: 1295)

12,461,850 Foreign Shares (Stock Code: 1295F)

---------------

80,487,168

=========

3 comments:

horse said...

Market seem holding on well.. :)

Anonymous said...

Intend to move in before CNY, so far, renovation progressing well.

Market just merely pare down loss, down more than 5pts, but again European on rebounding. Too bad, next Monday is holiday, no trading for local market.

Locally, PBBank manage to turnaround, too bad sold off too early :(

Genting also manage to close higher, if follow through, portfolio stand to gain profit :)

Genting SP also manage to pare down loss, close at $1.06, will either opt to sell margin line to realize contra profit if stock rebound further or stay and pick up stock on margin line to average down total holding cost :)

GENM, IGB and IOI corp still in correction, hopefully can turnaround soon :(

REITs stock have no problem, still on paper profit, expect income distribution for TWRRETs and BsdREITs soon :)



(A) Malaysia Portfolio

REITs stocks
1. TowerREITs 18%
2. ARREITs 14.7%
3. BsdREITS 10.5%

Trading stock
1 Genting 81.7% (aver: 7.02)
2 IGB 60% (aver: 1.835)
3 IOI crop 34.2% (aver: 5.20)
4. GENM 22%
4. CIMB 8.5%

(B) Singapoore Portfolio
1. Genting SP, 100% ($1.14)
2. Genting SP, margin 100% ($1.04)

horse said...

GENM closed 2.78. :(
But no worries, i expect them to announce better dividend if special div would to come into picture, very likely is 30sen or above. :)
Lets wait whether this can come into reality. :)

hng,
Pace & Prosperity be with you once you move in to your new house. :)

888888 arrrrrrrr.

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