PACIFIC & Orient Bhd (P&O) may be widely known as one of the country’s largest general insurers, but not many know there is a lot more to the group.
It has a mere RM226 million in market capitalisation, and P&O managing director and CEO Chan Thye Seng believes his company’s shares are underappreciated.
“The market cap of P&O is very small. Our shares are deeply undervalued, if you analyse the investments and asset value that we have in the listed company and non-listed companies. And that’s just investments. We haven’t even talked about the value of our insurance business, which we are holding at a cost of RM30 million in our books,” he tells The Edge in an interview.
Rachel Kirlew, AVP Investment Banking Mayberry Investments, collects the JSE Member Dealers Award for Best Website from Samuel Parkers, Principal JSE E- Campus during the recent JSE awards.
The Jamaica Stock Exchange recently commemorated its annual Best Practice Awards Ceremony to recognize listed companies and stockbrokers who have managed to consistently uphold the standards of the Stock Exchange market in 2019.
Mayberry Investments Limited was among the organisations acknowledged for the upkeep of financial etiquette, receiving the JSE Member Dealers Award for Best Website - sharing first place with Victoria Mutual Wealth Management Limited; Second Runner up for both JSE Member Dealers Award for Expansion of Investors and Listed Companies Base; and Annual Report Award for Main Market Listed Companies.