Public Banner Annual General Meeting (AGM) on Monday, about 6000 shareholders could not hear the dividends, but thanks to those who made it all possible.
They show gratitude for the chairman and chief shareholder of the bank, Tai Hong Pi. Teher, who actually runs the bank, gets it among the most consistent actors with high dividend payments year after year.
As a stock, the public bank is the darling of investors. According to a report by the Malaysian Reserve (TMR), it has given an average annual return, since Teh has established it because it established it.
Until this year, it was the best banking stock among financial stocks in the Kuala Lumpur Financial Index. The public bank is also the region's third most valuable bank - its asset's estimated book price trading at 2.5 level.
He retired as chairman of public Islami Bank Bhd and Public Investment Bank on January 1, 2011. He will continue as the post of Public-Executive Chairman of the Public Bank on January 1, 019, after which he will nominate Chairman Emeritus and appoint advisor.
TMR reports that Tehie's power was not surprising to reduce such an honor that she is with the bank she had founded for 51 years in 1966 for 51 years.
It has been reported in the report that many of the AGM shareholders raised questions about the leader's leadership plan. The management said the succession plans will be subject to approval of the central bank and will be announced at the appropriate time.
The PMR said Monday that shares of public banks rose to 20 cents, at RM 23.80
In the last five years, the public sector has achieved the lowest cost-income-income ratio among the major Southeast Asian lenders.
It quoted a young shareholder of the public bank, who only wanted to give her name as Jane, because he believed that the seasonal banker would leave a suitable management team.
He said, "I can not buy anything more so far, after the resignation I will first see the company's performance".
A shareholder who wants to be identified as Lim, has recently bought more shares in the company as it has been increasing and dividends.
TMR questions other than who would succeed, financial institutions had 23.5% of Tehran's shares, worth RM21.6 billion.
In Malaysia, he can be one of three people, a 10% larger share of a domestic financial institution, adult than the central bank, since they hold interest in banks before establishing Financial Services Act 2013. Which governs the distinct stakeholding limit
Others reported Hong Kong Long Financial Group Bhd's Kakken Chen and AMM Holdings Bhd's Ajman Hashim, TMR.
Analysts believe that the public bank will continue its upward trajectory. Recently Bloomberg Intelligence reports have said that the bank can provide maximum returns on investment among its domestic colleagues, as well as keep its edge in operating costs and asset-quality management.
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