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StuDocu is not sponsored or endorsed by any college or universityCF - group assignmentCorporate finance (Curtin University)Downloaded by lily wilson ([email protected])lOMoARcPSD|3319384
Cover Sheet – Corporate Finance (FNCE3000)ContributionSignature1123212331234123Contribution Key: (1) Did less than fair share, (2) Did fair share, (3) Didmore than fair share. Recall that there is a 50% penaltyif you did notcontribute your fair share to completion of the project. Please use thecomments section to note any comments you have on the way in whichyour team worked on the project, the structure of the project, and possibleimprovements for the project in future sessions.Downloaded by lily wilson ([email protected])lOMoARcPSD|3319384
Shareholder analysis (15%)Summary of the BusinessRHB Bank Berhad is a fully integrated financial services group in Malaysia, currently ranked the fourth largest in the country. Initially a public limted company, it was founded in 1997 after the merging of DCB Bank and Kwong Yik Bank, with its headquarter situated in Kuala Lumpur. It is now listed as a Main Board of Bursa Malaysia Securities Berhad, trading as MYX:1066.1RHB Bank Berhad’s core business is to provide assistance, particularlyfinancial service for businesses to grow. With diverse portfolio, the group’s subsidiaries are involved in multiple industries such as commercial banking, financial service, investment banking, stock broking, property investments andoffshore banking to enhance their services and achieve their core business. RHB Band have over 200 branches in Malaysia, consisting of conventional and Islamic bank branches. The group also have around 2,000 self-service terminals (SST) and 9 branches oversea.2In terms of notable achievements, the bank is considered the largest bank in Malaysia by asset size, with presence in regional countries such. As Singapore, Cambodia, Thailand, Indonesia and China. Strategic alliances withglobal firms allow RHB to gain excess to wider financial products and services, which can be used to research potential business opportunities.3Message to the Shareholders1“Who We Are”.2020. RHB Group.2ibid.3ibid.Downloaded by lily wilson ([email protected])lOMoARcPSD|3319384
The chairman of RHB Bank Berhad, Tan Sri Azlan Zainol has released a statement of the company’s performance in 2019, claiming that it has been a “good year” as RHB Bank continues to meet their objectives and improve theirposition in the market. RHB Bank has faced a moderate growth in the country’s banking industry, largely due to lower demand of loans from companies across most sectors. It was affected by the slower rate of global growth and trading uncertainties caused by the tension between the US and China. Though the Malaysian economy is backed by private organisations, companies are still being affected as the increasing uncertainty of the global trade environment as well as lower government spending, the country’s GDP has seen a decline from the previous year, dropping to 4.3 percent from 4.7 percent in 2018.