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2019-08-03 12:14 | Report Abuse
*** Is it a good or bad news for BJLAND ???? Pls advice ~~~
JDC may face W5.1 tril. suit over halted resort plan
The Jeju Free International City Development Center (JDC) may face a huge compensation suit by Berjaya Jeju Resort (BJR), a joint venture for the development of a resort complex which has been suspended.
Kim Han-wook, CEO of the JDC, said at a press conference Wednesday that he was told the project developer is preparing for the suit, seeking approximately 5.1 trillion won ($4.2 billion) in compensation for the project which was stopped last year.
The compensation reportedly includes damages such as construction costs, loss of future profits and losses from falling share prices.
BJR was established by the Berjaya Group, a Malaysian conglomerate, and the JDC, an affiliated organization of the Ministry of Land, Infrastructure and Transport (MOLIT) with stakes of 81 percent and 19 percent, respectively.
The project began in 2008 with 2.5 trillion won to create a resort area by 2017 in Yere-dong, Segwipo City on Jeju Island with residential condominiums, villas, hotels, a casino, a shopping complex and a medical center.
The JDC had promoted the project as a luxury, value-added resort complex targeting the wealthy elderly and tourists.
But the Supreme Court ordered the suspension of construction last April, citing that the developer had misled landowners over use of the site.
Four landowners filed the suit, claiming that the complex doesn't meet the requirements of the public good. The law on recreational zone development stipulates building facilities that contribute to residents' welfare for the public good.
The top court said that the project was invalid because it pursued profits earned
from certain types of customers.
In November, BJR had already filed a suit against the JDC for halted construction in Gotjawal Village, the first part of the total nine-phase project, seeking 350 billion won in compensation.
In response to the lawsuit, Kim said that the JDC has been pushing for revision of the special law in the National Assembly to resume the project. The proposed revision would allow a wider concept of condominiums and other profit-making facilities to be constructed in recreational areas.
"We are preparing for the worst-case scenarios to minimize damages from investors, the provincial government and landowners," Kim said. "To do that, we will do our best to pass the revision of the special law."
However, even if the revision is passed, the project will go back to the drawing board for obtaining the land and approval.
2017-12-15 16:57 | Report Abuse
Last minute pull high the price.... good Qr coming
2017-03-31 16:52 | Report Abuse
closed 0.055, tiongkeat u WIN !!!!
2017-03-31 16:50 | Report Abuse
tiongkeat, no use for put 1 lot 1 lot to pull up price, at the end of closed the huge sell volumn will push down
2017-03-30 13:44 | Report Abuse
Morning session still in 0% buy rate, be careful .....
2017-03-30 13:43 | Report Abuse
Buy nexgram now like gambling, buy big or buy small, i sold nexgram bcos profit taking
2017-03-30 12:34 | Report Abuse
Nexgram got 2 ways after realeased QR, if QR in red color, share price will go down, if QR
good then share price will good lah. Sorry just talk 废话
2017-03-30 09:30 | Report Abuse
0% buy rate... i sold nexgram... but i will be back
2017-03-29 17:14 | Report Abuse
tiuniahsing, u blow cow lah!!!
2017-03-28 16:59 | Report Abuse
10 lot closed 0.055... get ready for tomorrow fly ????
2017-03-24 17:20 | Report Abuse
good closed with 5 cents... wait for next week qr.... fly
2017-03-24 10:59 | Report Abuse
99% buy rate..... go go go ... break 5 cents
2017-03-24 10:47 | Report Abuse
Slow and steady ..... move forward.. :)
2017-03-23 17:06 | Report Abuse
good sign.. hope tmrw get higher
2017-03-22 12:31 | Report Abuse
once again today 0% buy rate :(
2017-03-20 10:18 | Report Abuse
volume getting large, good sign
2017-03-07 10:19 | Report Abuse
338 million project awarded, why the today share price 0% buy rate ????
2017-03-06 09:13 | Report Abuse
sorry, i also q at 5 cents
2017-03-02 17:35 | Report Abuse
closed 1.17. I think tmrw will going price lower.
2017-02-16 09:33 | Report Abuse
Any problem with bursa today? why can't view the share? i used hlebroking.
2017-02-16 09:33 | Report Abuse
Any problem with bursa today? why can't view the share? i used hlebroking.
2017-02-15 10:00 | Report Abuse
Top 1 active share now .... but share price no up
2017-02-15 09:39 | Report Abuse
someone collection, top 2 active share
2017-02-13 17:13 | Report Abuse
Good starting, hope tmrw will more vol to push more higher price, target price 6 cents!!!
2017-02-02 16:20 | Report Abuse
i still waiting for bjcorp ending show today before market closed... hope can push up to 0.40
2017-01-31 15:40 | Report Abuse
The show is coming...... Huat ah !!!!!
2017-01-24 11:23 | Report Abuse
i still with nexgram, waiting for next goreng. Dont worry be happy... CNY, Huat ah !!!
2017-01-17 16:31 | Report Abuse
i think the player will keep the price at 0.04 few days to make contra kaki gone first before jump
2017-01-12 16:55 | Report Abuse
yesterday 1 lot closed 0.045 & today also 1 lot closed at price 0.045.
2017-01-12 09:21 | Report Abuse
today still again 0.04 drama show ???? Fxxx!
2017-01-11 17:23 | Report Abuse
Closed at 0.045. Hope tomorrow move up
2017-01-11 16:00 | Report Abuse
i think today vol can hits 300K lots
2017-01-11 15:51 | Report Abuse
Vol high today, price no move....
2017-01-05 14:55 | Report Abuse
still a lot of 4 cents seller!!! why ?
2017-01-05 12:25 | Report Abuse
i bought more at 4 cents, hope before cny nexgram give ang pow
2016-12-30 10:21 | Report Abuse
Why no mention any comment / contribution of vietlott at the latest QR ?
2016-12-22 10:11 | Report Abuse
share dividend payment date : 30 dec 2016
2016-12-19 15:46 | Report Abuse
All sifu, when can we get the 3 /100 share dividend ? u all received ?
Stock: [BJLAND]: BERJAYA LAND BHD
2019-08-05 09:17 | Report Abuse
Yes i done matched 0.155