MBSB Bursa a Strong buy

Malaysian Building Society Bank (MBSB) saw its net profit climbed to RM1.02 billion, a 70% increase in its 2014 full year as compared to 2013. There was a news that MBSB was the fastest growing enterprise in Malaysia 2014.

MBSB was about 70% owned by Malaysia's EPF, which is seen as a government-linked entity.

I think this company will continue to grow, and given its new 5 year growth strategy from 2015-2019 of changing its retail to corporate exposure from 85:15 to 70:30, it will acclaim more revenue from corporate customers, which are bigger slices of the pie.