By our market size, the market may probably reach maturity for financial industry. The grow will not be significant and merger is always on the cards.
Creating a four largest asset makes sense and also cutting unnecessary redundant cost. Will boost profits. The major beneficiary…. if not OSK then whoelse. If OSK is to exit during the merger. They may can fetch a good price and fully valued back to the group asset. If they’re not exiting. merger will boost profit and it’s competitiveness of it shares in RHB Bank. The clear winners is EPF and OSK.
We bought some of its warrant at RM 0.285 before rumours spilled for the merger.