We have decided not to go for its right. But today we like MBSB for one reason. They are going for their bank license in 2 years. That align to providing back the greatest return to EPF. By the time when they got the bank license, they can get a better value for RHBCap to merge with the entity. So for us is a buy now.
We recommend a graduate buy on MBSB below RM 2.500
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