32% of par value of RM 1 equal to RM 320. Deduct 25% tax left RM 240. If based on our entrance price of RM 2.80. It has a yield of 9%. If based on the current price of RM 3.50. It has a yield of around 7%.
We still recommend a buy call on MNRB due to its value to ROI investment ratio.
J&J Investment Co. 
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