Dear Friends/Fellow Investors,
The more I investigate into the TOP 30 SUBSTANTIAL SHARE HOLDERS OF MRCB the more SURPRISED I GET!
And these are some New Revelations
ALL TOP 30 SHARE HOLDERS OF MRCB ARE LOCAL FUNDS & FOREIGN FUNDS
TOP 30 LARGEST SHAREHOLDERS AS AT 31 MARCH 2017 LIST OF THIRTY (30) LARGEST SHAREHOLDERS (without aggregating the securities from different securities account belonging to the same Depositor) No. Name No. of Shares %
1 Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board 728,927,897 33.91
TOP HOLDER IS EPF (THIS IS THE MAIN REASON WHY MRCB IS ABLE TO SECURE & NEGOTIATE FOR BIG TICKET PROJECTS LIKE KWASA DAMANSARA (OWNED BY EPF), BKT JALIL (GOVT OWNED) DISPOSAL FOR RM1.14 BILLIONS ALSO TO EPF.
SCRAPPING OF EDL TOO & COMPENSATION ALSO BY GOVT!!
2 RHB Capital Nominees (Tempatan) Sdn Bhd RHB Islamic Bank Berhad Pledged Securities Account for Gapurna Sdn Bhd 364,545,752 16.96
GAPURNA THROUGH ASSET SWAP GOT MRCB SHARES AT RM1.55 PER SHARE!!
In a joint statement issued on Friday, MRCB said it had signed several agreements with companies related to Gapurna Sdn Bhd for total purchase consideration of RM729mil.
This would comprise of RM111mil cash payment and issuance of 398.709 million MRCB shares with attached 113.971 million free warrants on the basis of two new MRCB warrants for every 7 new MRCB shares held.
MRCB also inked conditional share sale agreements with Nusa Gapurna Development Sdn Bhd (NGD) to acquire several of its subsidiaries, which owns the 33 acres of land in the Klang Valley for RM459mil, and Gapurna’s related companies Gelanggang Harapan Construction Sdn Bhd (GHC) for RM250mil and Gapurna Global Solution Sdn Bhd (GGS)for RM20mil.
Gapurna and the Employees Provident Fund Board own 60% and 40% of NGD. EPF also owns 42.2% of MRCB.
MRCB also entered into a first rights of refusal cum call option agreement with NGD to acquire all the remaining land and any future development lands secured by NGD over a period of three years and a RM50mil profits guarantee agreement with Gapurna for GHC.
The new MRCB shares is priced at RM1.55 per share, a premium of 25% above the last closing price of MRCB at RM1.24 on Thursday and a premium of 9% to 21% above the five days and one month weighted average price (VWAP) of RM1.28 and RM1.42 respectively up to Thursday.
3 Lembaga Tabung Haji 174,949,773 8.14 (NOTE: ON JAN 4, 2018 TABUNG HAJI BOUGHT 3 MILLION MRCB SHARES!!!)
And in year 2018 Tabung Haji has been buying more and more MRCB Shares!
This was what Tabung Haji did last year by buying DRb shares and pushing it from 92 sen to Rm2.60
|LEMBAGA TABUNG HAJI||05-Jan-2018||Acquired||1,257,900||0.000|
|LEMBAGA TABUNG HAJI||03-Jan-2018||Acquired||2,255,200||0.000|
|LEMBAGA TABUNG HAJI||03-Jan-2018||Acquired||1,086,000||0.000|
4 Maybank Nominees (Tempatan) Sdn Bhd Bank Kerjasama Rakyat (M) Berhad 172,000,000 8.00
Under The MINISTRY OF FINANCE Bank Kerjasama Rakyat took up 172 Million Private Placement shares of MRCB
ubstantial Shareholder’s Particular:
|Name||BANK KERJASAMA RAKYAT MALAYSIA BERHAD|
Details of Changes:
|Currency||Malaysian Ringgit (MYR)|
|Date of Change||Type||Number of Shares|
|Nature of Interest||Direct Interest|
|Shares||Ordinary Shares of RM1.00 each|
|Reason||Subscription of ordinary shares under a private placement exercise.|
5 Malaysia Nominees (Tempatan) Sendirian Berhad Great Eastern Life Assurance (Malaysia) Berhad (Par 1) 27,954,500 1.30
Great Eastern Life Assurance needs no introduction as It is now going for IPO in KLSE fto raise Rm4.1 Billions!!
And This Biggest Insurance Company voraciously bought & bought into MRCB Shares!!!
6 Citigroup Nominees (Asing) Sdn Bhd Exempt AN for Citibank New York (Norges Bank 14) 27,230,500 1.27 (Foreign Fund)
Norwegian Fund (One of Europe’s Biggest Fund)
7 Citigroup Nominees (Asing) Sdn Bhd CBNY For Dimensional Emerging Markets Value Fund 14,818,800 0.69 (Foreign fund)
This Value Fund is from USA. So far away they “SEE VALUE” in MRCB?
8 Tokio Marine Life Insurance Malaysia Bhd As Beneficial Owner (PF) 14,116,600 0.66
THIS INSURANCE FUND IS FROM JAPAN. Land of Rising Sun!
9 Citigroup Nominees (Asing) Sdn Bhd Exempt AN for Citibank New York (Norges Bank 12) 13,081,000 0.61 (Foreign fund)
Another position taken by Norway!
10 Hong Leong Assurance Berhad As Beneficial Owner (Life Par) 12,973,400 0.60
Quek Leng Chan of Hong Leong Bank/Group also endorse MRCB?
11 HSBC Nominees (Asing) Sdn Bhd Exempt AN For JPMorgan Chase Bank, National Association (U.S.A.)11,553,400 0.54 Foreign Fund)
JP MORGAN (One of USA Top Investment Banks which survived the Subprime Crisis.
Ha! Startling Surprise!
Warren Buffet invest in JP Morgan with his own personal money!!
Feb 27, 2012 – “I own some shares of JP Morgan. Personally. “You just got some news from me, Andrew.”
12 Citigroup Nominees (Asing) Sdn Bhd CBNY for Emerging Market Core Equity Portfolio DFA Investment Dimensions Group Inc 9,540,698 0.44 (Foreign Fund)
13 Citigroup Nominees (Asing) Sdn Bhd Macquarie Bank Limited (DBU A/C) 9,340,800 0.43 (Foreign Fund)
This is An Australian Fund.
14 Cartaban Nominees (Asing) Sdn Bhd Exempt AN For State Street Bank & Trust Company (West CLT OD67) 9,157,756 0.43 (Foreign Fund)
2nd Oldest Financial Institution of USA with USD2 Trillion Assets
15 Malaysia Nominees (Tempatan) Sendirian Berhad Great Eastern Life Assurance (Malaysia) Berhad (LPF) 9,133,600 0.42
16 CIMB Group Nominees (Tempatan) Sdn Bhd CIMB Bank Berhad (EDP 2) 8,988,600 0.42
CIMB Recemmends MRCB as This Year 2018 Top Picks.
17 Maybank Nominees (Tempatan) Sdn Bhd Etiqa Takaful Berhad (Family PRF EQ) 7,969,600 0.37
18 HSBC Nominees (Asing) Sdn Bhd BBH and Co Boston For Vanguard Emerging Markets Stock Index Fund 7,941,500 0.37 (Foreign Fund)
VANGUARD IS WORLD’S BIGGEST MUTUAL FUND. Sifu John Neff from Windsor Fund is a Branch of Vanguard.
VANGUARD IS A VALUE FUND.
19 Cartaban Nominees (Tempatan) Sdn Bhd PAMP For Prulink Equity Fund 7,710,000 0.36
PRUDENTIAL FROM UK! UK FUND!!
20 Malaysia Nominees (Tempatan) Sendirian Berhad Great Eastern Life Assurance (Malaysia) Berhad (LEEF) 7,266,100 0.34
21 Malaysia Nominees (Tempatan) Sendirian Berhad Great Eastern Life Assurance (Malaysia) Berhad (LGF) 6,830,700 0.32
Whoa! So bullish on MRCB?
22 HSBC Nominees (Asing) Sdn Bhd Exempt AN for Credit Suisse (SG BR-TST-Asing) 6,664,400 0.31 (Foreign fund)
SO MANY PEOPLE PARK THEIR CASH IN SWITZERLAND! AND CREDIT SWISS SLOSHING WITH CASH FINDS VALUE IN MRCB INSTEAD!!
23 Citigroup Nominees (Asing) Sdn Bhd CBNY For DFA Emerging Markets Small Cap Series 6,098,450 0.28 (Foreign fund)
24 Malaysia Nominees (Tempatan) Sendirian Berhad Great Eastern Life Assurance (Malaysia) Berhad (Par 3) 5,993,700 0.28
Whoa!! SOOOO BULLISH!!!
25 Cartaban Nominees (Tempatan) Sdn Bhd PAMB For Participating Fund 5,404,700 0.25
Another Fund Participaton in MRCB Bull Run?
26 HSBC Nominees (Asing) Sdn Bhd Exempt AN For Bank Julius Baer & Co. Ltd. (Singapore BCH) 5,064,066 0.24 (Foreign Fund)
THIS IS SWISS FUND!!
27 CIMB Commerce Trustee Berhad Public Focus Select Fund 4,800,800 0.22
Teh Hoong Peow of PUBLIC BANK also took position in MRCB!!
28 UOB Kay Hian Nominees (Asing) Sdn Bhd Exempt AN For UOB Kay Hian Pte Ltd (Spore) (A/C Clients) 4,626,3940.22 (In Spore it is pte ltd. Malaysia is Sdn Bhd) (Foreign Fund)
29 Maybank Nominees (Tempatan) Sdn Bhd National Trust Fund (IFM Maybank) 4,404,900 0.20
30 Maybank Nominees (Tempatan) Sdn Bhd Etiqa Insurance Berhad (Balance Fund) 4,332,000 0.20
ANOTHER MAYBANK INSURANCE FUND!
1) Out of 30 Top Holders of MRCB 18 are LOCAL FUNDS & 12 are FOREIGN FUNDS (Not even one retail player)
MORE FOREIGN FUNDS WILL RETURN TO MALAYSIA IN COMING DAYS AND MONTHS
2) A check on buying movements for MRCB shows some 500,000 shares were transacted at one go! That’s more than half a million ringgit at one deal. This is the time of accumulation.
Once more LOCAL BIG BOYS & FOREGN BUYERS return MRCB will continue to move UPWARD like DRB
3) Total Shares owned by Top 30 Holders are Rm78.78%. So only 21.22% left in free float. (This might not be entirely accurate as Capital base has been enlarged by recent RI)
4) CIMB IB has just revised Target Price for MRCB from Rm1.19 to Rm1.31. Just as it did for DRB last year – expect constant Upward Revision of New Target Prices for MRCB as Good News Unfold One by One for MRCB in coming days
Please buy/sell after due diligence
ALMOST 80% OF MRCB SHARES ARE OWNED BY FUNDS!!!
MRCB MIGHT BE A FUTURE BLUE CHIP!!!