Bettyem

Bettyem | Joined since 2017-08-12

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Stock

2023-04-03 16:02 | Report Abuse

What is good for BLand may not be good for BCorp shareholders?
https://www.klsescreener.com/v2/news/view/1135151

Stock

2023-04-02 13:35 | Report Abuse

Good news coming soon for BLand with development of Automotive High-Tech Valley in Tanjung Malim? BLand owns large tracks of industrial land near this area of development with coming investment from China?

https://www.klsescreener.com/v2/news/view/1134761

https://propsquare.my/2016/09/24/berjayaland-buys-871-acres-freehold-land-in-ulu-selangor-for-rm155mil/

Stock

2023-03-22 15:32 | Report Abuse

How should BCorp address the BLand Dilemma similar to Boustead?
In order for new BCorp all women BOD to address the minimum shareholding spread required by Bursa by 23 March, BCorp should make an offer of at least 38 sen a share for the remaining 12.26% stake in BLand it didn’t already own.
While the privatisation has been speculated on for some time, the offer of 38 sen is 30% premium to current market price of 28 sen
— is only about 50% of BLand's net asset value per share of 77 sen. All minority shareholders including VT benefits from the deal.

https://www.theedgemarkets.com/node/657769

Stock

2023-03-12 11:59 | Report Abuse

Saifuddin emphasised that the Home Ministry was committed to the success of the NIISe project and protecting the interests of the users, including the Immigration Department, to ensure that the delivery of services to the people is not affected.
https://www.theedgemarkets.com/node/658765

Stock

2023-03-12 10:47 | Report Abuse

@BLee a very rational observation from you. Anyway market already priced in current news on Niise project as already dropped from 0.165 in February to all time low now.. Even Dr. Poh bought from market at 0.115 lately and most substantial shareholders subscribe for Iris at 0.12, so downside risk already mitigated..but if people wants to sell low on rumours..many are waiting to grab cheap bargains as Iris still profitable biz as only 30% income from Malaysia, majority of 70% derived from overseas contracts?

Stock

2023-03-12 08:40 | Report Abuse

Don't think it has any bearing considered Iris having sold project in advance for the cash and price already discounted by market.

What people are more interested in is how they plan to use the cash on hand to generate more upstream revenue for the corporation's future sustainable outlook. This, is the reason why people invested in IRIS in the first place.

"iris contract bukan niise saja
contract luar negara ada lagi
takut apa ..aiya"


Stock

2023-03-08 19:15 | Report Abuse

Dr. Poh bought from open market @0.12?
2023-03-08
Insider
DR POH SOON SIM (a substantial shareholder) acquired 1,750,000 shares on 07-Mar-2023.

Stock

2023-03-06 09:40 | Report Abuse

Lai..lai..lai..Guys...Let's count down to March 23 for BLand..Chia Yu!..everyday VT blocking must be Ini Kali Lah?
"How should BCorp address the BLand Dilemma similar to Boustead?"
In order for new BCorp BOD to address the minimum shareholding spread required by Bursa by 23 March, BCorp should make an offer of at least 38 sen a share for the remaining 12.26% stake in BLand it didn’t already own.
While the privatisation has been speculated on for some time, the offer of 38 sen is 30% premium to current market price of 28 sen
— is only about 50% of BLand's net asset value per share of 77 sen.

https://www.theedgemarkets.com/node/657769

Stock

2023-02-23 20:02 | Report Abuse

In the second quarter ended Dec 31, BLand posted a net profit of RM84.4mil, or earnings per share of 1.71 sen.

Revenue for the quarter rose to RM1.69bil from RM1.43bil previously.

For the first six months, it posted a net profit of RM92.8mil on revenue of RM3.4bil.
https://www.klsescreener.com/v2/news/view/1115631

Stock

2023-02-06 20:29 | Report Abuse

Loke said among the main changes proposed in the plan is the reintroduction of scheduled passenger flights and belly cargo flights by using narrow-body jets up to the size of A320/B737 or equivalent aircraft, at Sultan Abdul Aziz Shah Subang Airport.

“The plan aims at the premium and business passenger market segment by taking full advantage of LTSAAS' strategic location in the heart of Greater Kuala Lumpur.

“Scheduled flights using turboprop aircraft (Berjaya Air) will be maintained as market demand for these services is expected to continue and be positive,” he said at a press conference at Subang Airport here on Monday.

He added that through SARP, Subang Airport will be transformed into a regional aviation hub with a maximum capacity of eight million annual passengers, in addition to generating thousands of high-value job opportunities for Malaysians.

Loke said it will also boost the air transport industry chain and the aerospace industry, in line with the government's aspiration to make Malaysia the leader in the aerospace industry in Southeast Asia by 2030.

Stock

2023-02-06 20:27 | Report Abuse

Berjaya Air's Turboprop planes already operating from Subang Airport.
https://www.ch-aviation.com/portal/news/121374-route-network-update-for-berjaya-air

Stock

2023-02-06 14:07 | Report Abuse

SUBANG (Feb 6): The proposed Subang Airport Regeneration Plan (SARP) prepared by Malaysia Airport Holdings Berhad (MAHB) has been approved by the Cabinet on Feb 2 after careful consideration, said Transport Minister Anthony Loke Siew Fook.

He said it will focus on the development of the aerospace ecosystem, general aviation/business aviation and city airports (city airport/secondary airport).

Loke said among the main changes proposed in the plan is the reintroduction of scheduled passenger flights and belly cargo flights by using narrow-body jets up to the size of A320/B737 or equivalent aircraft, at Sultan Abdul Aziz Shah Subang Airport.

“The plan aims at the premium and business passenger market segment by taking full advantage of LTSAAS' strategic location in the heart of Greater Kuala Lumpur.

Stock

2023-02-06 14:04 | Report Abuse

Good news BJLand's Berjaya Air, Rafflesia Airlines going to fly from Regional Hub Subang Airport soon?
https://www.klsescreener.com/v2/news/view/1106317

Stock

2023-01-27 10:01 | Report Abuse

Time to wake up. 不发威被当病猫。

Stock

2023-01-26 18:27 | Report Abuse

KUALA LUMPUR (Jan 26): Berjaya Corp Bhd (BCorp) founder and major shareholder Tan Sri Vincent Tan Chee Yioun has now trimmed his stake in the diversified group to 19.061%.

Tan sold two blocks of shares in a direct business transaction on Wednesday (Jan 25). According to BCorp’s filings, he sold 110.08 million shares via Hotel Enterprise Sdn Bhd and another 15.92 million shares through B & B Enterprise Sdn Bhd.

Following the transactions, Tan's direct stake in BCorp now stands at 7.814%, while his indirect stake is 11.247%.

BCorp is currently in talks to acquire a 51% stake in life insurance company MCIS Life Sdn Bhd. To facilitate the acquisition, Tan, as chairman, intends to reduce his stake in BCorp to 19.6% from 26%.

The group is not new to the financial services business. It is currently in the insurance business through its 30% stake in Berjaya Sompo Insurance Bhd. Sompo Holdings (Asia) Pte Ltd owns the remaining 70% stake. The company also wholly owns a stock brokerage firm — Inter-Pacific Securities Sdn Bhd.

In January alone, Tan sold 417.3 million BCorp shares.

In a separate announcement from BCorp, Lim Kuang Wang acquired 80 million shares of BCorp via a direct business transaction.

This increased his stake to 6.627% from 5.194% on Dec 23. Lim is a former executive director of Kossan Rubber Industries Bhd.

At the time of writing, BCorp shares were trading up half a sen or 1.47% to 34.5 sen, translating into a market capitalisation of RM2.03 billion. Over the past year, the stock has risen 44%.

In a separate announcement to Bursa on 26 Jan, BJLand also announced that BJCorp has ceased to be BJLand's 80.1% substantial shareholder as of 25 Jan. Is this part of the restructuring exercise undertaken by BJCorp to meet requirements of FSA, as a holding company can't own both a Banking/Insurance license and at the same time owns a Gaming License (STM Lottery) held under its former subsidiary BJLand?

Stock

2023-01-26 18:25 | Report Abuse

KUALA LUMPUR (Jan 26): Berjaya Corp Bhd (BCorp) founder and major shareholder Tan Sri Vincent Tan Chee Yioun has now trimmed his stake in the diversified group to 19.061%.

Tan sold two blocks of shares in a direct business transaction on Wednesday (Jan 25). According to BCorp’s filings, he sold 110.08 million shares via Hotel Enterprise Sdn Bhd and another 15.92 million shares through B & B Enterprise Sdn Bhd.

Following the transactions, Tan's direct stake in BCorp now stands at 7.814%, while his indirect stake is 11.247%.

BCorp is currently in talks to acquire a 51% stake in life insurance company MCIS Life Sdn Bhd. To facilitate the acquisition, Tan, as chairman, intends to reduce his stake in BCorp to 19.6% from 26%.

The group is not new to the financial services business. It is currently in the insurance business through its 30% stake in Berjaya Sompo Insurance Bhd. Sompo Holdings (Asia) Pte Ltd owns the remaining 70% stake. The company also wholly owns a stock brokerage firm — Inter-Pacific Securities Sdn Bhd.

In January alone, Tan sold 417.3 million BCorp shares.

In a separate announcement from BCorp, Lim Kuang Wang acquired 80 million shares of BCorp via a direct business transaction.

This increased his stake to 6.627% from 5.194% on Dec 23. Lim is a former executive director of Kossan Rubber Industries Bhd.

At the time of writing, BCorp shares were trading up half a sen or 1.47% to 34.5 sen, translating into a market capitalisation of RM2.03 billion. Over the past year, the stock has risen 44%.

In a separate announcement to Bursa on 26 Jan, BJLand also announced that BJCorp has ceased to be BJLand's 80.1% substantial shareholder as of 25 Jan. Is this part of the restructuring exercise undertaken by BJCorp to meet requirements of FSA, as a holding company can't own both a Banking/Insurance license and at the same time owns a Gaming License (STM Lottery) held under its former subsidiary BJLand?

Stock

2023-01-25 19:10 | Report Abuse

VT acquired 2.825 million BJland direct interest shares in open market @O.28.

2023-01-25
Insider
TAN SRI DATO’ SERI VINCENT TAN CHEE YIOUN (a substantial shareholder) acquired 2,825,000 shares on 19-Jan-2023.

Stock

2023-01-14 21:27 | Report Abuse

Latest Update
(Kuala Lumpur, 13th) Berjaya Group (BJCORP, 3395, Main Board Industrial Products Services Group) Chairman Tan Sri Tan Zhiyuan has further reduced his holdings in the group, preparing to pave the way for the acquisition of financial institutions .

According to the statement issued by BJCorp on Friday, Chen Zhiyuan sold a total of 80 million direct shares in three batches on January 11, and sold a total of 1 million indirect shares held by his children in two batches on January 10 and 12. shares.

After the shareholding reduction, Chen Zhiyuan still holds 488,271,345 shares or 8.745% direct equity and 730,989,755 shares or 13.092% indirect equity of BJCorp.

BJCorp revealed earlier that the management intends to carry out the acquisition involving the Bank of China's financial services license. According to the Bank of China's financial services law, individuals cannot hold more than 10% of the shares in licensed institutions. The stake was reduced to below 19.6%. According to "Bloomberg" data, Chen Zhiyuan originally directly held 20.12% of the shares of the successful organization.

Berjaya later confirmed that it intends to acquire a 51% controlling stake in MCIS Life Insurance (MCIS Life) from South Africa's Sanlam Group.

On December 27 last year, the Lin family company that controlled KOSSAN (KOSSAN, 7153, the main board healthcare group) acquired 400 million shares of Success Group from Chen Zhiyuan, equivalent to 5.015% equity, and became one of the major shareholders.

And last week, Chen Zhiyuan sold 40 million shares or 0.7% of the company's shares to his son-in-law Farid Nasmuddin at a price of RM10 million or 25 cents per share.

https://www.klsescreener.com/v2/news/view/1097305

Stock

2023-01-13 04:44 | Report Abuse

Just wonders what BJLand &:VT has to say to Bursa in the coming announcement after BJCorp & VT's buying spree as BJLand public spread has fallen as low as 6.5%! Instead of a Rectification Plan to address the issue of public spread, they are making it worse...

Further to our announcement dated 25 August 2022, the Board of Directors of Berjaya Land Berhad (“BLand”) wishes to announce that Bursa Malaysia Securities Berhad has, via its letter dated 20 September 2022, granted BLand a further extension of time of 6 months until 22 March 2023 to comply with the approved public shareholding spread of 20% (“Approved Public Spread”).



Currently, the public shareholding spread of BLand stands at 16.50%, a shortfall of 3.50%. The Management of BLand will continue to explore and identify a feasible rectification plan to address the shortfall in the Approved Public Spread.



This Announcement is dated 21 September 2022.

Stock

2023-01-11 07:10 | Report Abuse

@Sslee think it shouldn't be long now as timing is just right since VT is increasing his shares in BJLand almost everyday after collecting more than 130 million cash from sale in BJCorp? as latest update at Simply_Wall _St indicates that general public spread only left 6.9% with institutions holding another 4.5%. The top 15 shareholders already controls 93.11%! BJCorp alone controls 80.2% not counting VT & VT controlled entities?? Also VT divestment in BJCorp to 19.6% and increase stakes in BJLand & BJAsset (BJAsset public spread now also falls below 20%) recently could be catalysts for mergers & restructure of VT's empire?

Sslee

Stockraider,
I bought back some bjland. Waiting for Bjcorp to offer VGO

Stock

2023-01-10 10:08 | Report Abuse

VT confirms BJCorp in negotiations to acquire a Financial Services Provider under FSA...could it be a licensed Bank or Insurer? Anyway BJCorp already has 30% share in Berjaya Sompo...so why buy another Insurer when a Banking License offers better Synergy to Berjaya Goup? Expect the Unexpected!

https://www.klsescreener.com/v2/news/view/1094639

Stock

2023-01-07 13:50 | Report Abuse

Update on Making sense of Vincent Tan’s moves in BJCorp/BJLand/7Eleven.

The possibility of Berjaya Corporation Bhd acquiring a financial services company had sent the stock in a frenzy and was one of the top active counters on Bursa Malaysia on Dec 28 adding as much as 1.5 sen to an intraday high of 31 sen. Profit taking has been well absorbed and probably anticipated as some investors were skeptical on the potential deal.

According to news report, Berjaya Corp founder and major shareholder Vincent Tan Chee Yioun intends to pare his stake in the company to 19.6% from 26% in order to comply with Section 92 of the FSA.

Apparently, Tan has been making several share disposals to reduce his stake in Berjaya Corp. He sold 400 million shares via direct business transaction on Dec 22. He owns a 12.95% direct interest and a 13.29% indirect interest after the share sales.

Interestingly, Kossan Rubber Industries Bhd's founder and managing director Tan Sri Lim Kuang Sia emerged as a substantial shareholder of Berjaya Corp after acquiring 400 million shares or a 7.16% stake in the company. Is Lim holding the shares on Tan’s behalf or is Lim looking to diversify its investments to be part of this conglomerate looking to restructure itself into a financial services provider?

On Jan 6, Vincent Tan Chee Yioun divested another 40 million shares or 0.7% stake in the group to his son-in-law SM Faliq SM Nasimuddin for RM10 million or 25 sen per share. SM Faliq, who is deputy group executive chairman of Naza Group, is married to Vincent Tan’s daughter Chryseis Tan Sheik Ling.

Bursa filings show that Chryseis Tan, who is also BCorp’s and BJLand's non-executive director, acquired the shares in two tranches (34.52 million shares and 5.48 million shares) through her spouse. Subsequent to the divestment, Vincent Tan is left with 12.25% direct interest and 13.29% indirect stake in BCorp. In order to meet S92 FSA requirements, Tan needs to sell another 2.25% direct interest or 129 million shares in BJcorp. The FSA does not allow any individual to own more than 10% stake in a financial institution.

The divestment seems to be part of a bid for the billionaire to pare down his shareholding in BCorp, and pave the way for the group’s potential acquisition of a financial institution. Shares of BCorp closed half a sen or 1.7% higher at 30.5 sen while BJLand closed at 26.5 sen on Friday (Jan 6).

Berjaya Corp current activities includes stockbroking, asset & land management and lottery operations under Berjaya Land. Berjaya Corp is also involved in provision of insurance via its 30% stake in Berjaya Sompo Insurance Bhd. Sompo Holdings (Asia) Pte Ltd owns the remaining 70% stake. In addition, it wholly owns a stockbroking arm — Inter-Pacific Securities Sdn Bhd.

For sure, Tan’s cashing out his 440 million shares in Berjaya Corp would help make up the loss of steady income from its 10-year warrants, which have expired. With the cash from the share sale, Tan can buy more shares in Berjaya Land. Infact, disclosures to Bursa indicated Tan has been acquiring BJLand shares almost on a daily basis through Berjaya Retail Berhad which is controlled by Tan and operates the 7-Eleven chain of convenience stores in Malaysia and markets consumer durable products under the Singer Group. It is also of interest Tan has been agressively acquiring 7Eleven shares recently together with BJLand, which now is a substantial shareholder with more than 5% shares in 7Eleven.

Why Berjaya Land?

If Berjaya Corp becomes a financial services provider, it can’t hold a banking license and at the same time, a gaming licence under its major subsidiary, Berjaya Land. As such, Berjaya Corp may have to hive off Berjaya Land's 40% interest in Berjaya Toto to another entity probably under Tan’s control. Investors are probably better off putting their money in Berjaya Land for better upside compared with Berjaya Corp. Currently BJLand is trading at 26.5 sen a discount of 13% to BJcorp closing price of 30.5 sen on Jan 6.

There are plenty more speculations on Tan’s next moves and investors would likely place their bets on the tycoon once the deal has been firmed up and viewed as a beneficial move. Latest moves by Tan includes appointing Farhash Wafa Salvador, Anwar's former Political Secretary and Loyalist as Chairman of 7Eleven, replacing Vincent Tan's son, Robin Tan Yeong Ching who is the current Chairman of STM Lottery (Formerly BToto).

Stock

2023-01-07 13:23 | Report Abuse

Update on Making sense of Vincent Tan’s moves in BJCorp/BJLand/7Eleven.

The possibility of Berjaya Corporation Bhd acquiring a financial services company had sent the stock in a frenzy and was one of the top active counters on Bursa Malaysia on Dec 28 adding as much as 1.5 sen to an intraday high of 31 sen. Profit taking has been well absorbed and probably anticipated as some investors were skeptical on the potential deal.

According to news report, Berjaya Corp founder and major shareholder Vincent Tan Chee Yioun intends to pare his stake in the company to 19.6% from 26% in order to comply with Section 92 of the FSA.

Apparently, Tan has been making several share disposals to reduce his stake in Berjaya Corp. He sold 400 million shares via direct business transaction on Dec 22. He owns a 12.95% direct interest and a 13.29% indirect interest after the share sales.

Interestingly, Kossan Rubber Industries Bhd's founder and managing director Tan Sri Lim Kuang Sia emerged as a substantial shareholder of Berjaya Corp after acquiring 400 million shares or a 7.16% stake in the company. Is Lim holding the shares on Tan’s behalf or is Lim looking to diversify its investments to be part of this conglomerate looking to restructure itself into a financial services provider?

On Jan 6, Vincent Tan Chee Yioun divested another 40 million shares or 0.7% stake in the group to his son-in-law SM Faliq SM Nasimuddin for RM10 million or 25 sen per share.
SM Faliq, who is deputy group executive chairman of Naza Group, is married to Vincent Tan’s daughter Chryseis Tan Sheik Ling.

Bursa filings show that Chryseis Tan, who is also BCorp’s and BJLand's non-executive director, acquired the shares in two tranches (34.52 million shares and 5.48 million shares) through her spouse. Subsequent to the divestment, Vincent Tan is left with 12.25% direct interest and 13.29% indirect stake in BCorp. In order to meet S92 FSA requirements, Tan needs to sell another 2.25% direct interest or 129 million shares in BJcorp. The FSA does not allow any individual to own more than 10% stake in a financial institution.

The divestment seems to be part of a bid for the billionaire to pare down his shareholding in BCorp, and pave the way for the group’s potential acquisition of a financial institution.
Shares of BCorp closed half a sen or 1.7% higher at 30.5 sen while BJLand closed at 26.5 sen on Friday (Jan 6).

Berjaya Corp current activities includes stockbroking, asset & land management and lottery operations under Berjaya Land. Berjaya Corp is also involved in provision of insurance via its 30% stake in Berjaya Sompo Insurance Bhd. Sompo Holdings (Asia) Pte Ltd owns the remaining 70% stake. In addition, it wholly owns a stockbroking arm — Inter-Pacific Securities Sdn Bhd.

For sure, Tan’s cashing out his 440 million shares in Berjaya Corp would help make up the loss of steady income from its 10-year warrants, which have expired. With the cash from the share sale, Tan can buy more shares in Berjaya Land. Infact, disclosures to Bursa indicated Tan has been acquiring BJLand shares almost on a daily basis through Berjaya Retail Berhad which is controlled by Tan and operates the 7-Eleven chain of convenience stores in Malaysia and markets consumer durable products under the Singer Group. It is also of interest Tan has been agressively acquiring 7Eleven shares recently together with BJLand, which now is a substantial shareholder with more than 5% shares in 7Eleven.

Why Berjaya Land?

If Berjaya Corp becomes a financial services provider, it can’t hold a banking license and at the same time, a gaming licence under its major subsidiary, Berjaya Land. As such, Berjaya Corp may have to hive off Berjaya Land's 40% interest in Berjaya Toto to another entity probably under Tan’s control. Investors are probably better off putting their money in Berjaya Land for better upside compared with Berjaya Corp. Currently BJLand is trading at 26.5 sen a discount of 13% to BJcorp closing price of 30.5 sen on Jan 6.

There are plenty more speculations on Tan’s next moves and investors would likely place their bets on the tycoon once the deal has been firmed up and viewed as a beneficial move. Latest moves by Tan includes appointing Farhash Wafa Salvador, Anwar's former Political Secretary and Loyalist as Chairman of 7Eleven, replacing Vincent Tan's son, Robin Tan Yeong Ching who is the current Chairman of STM Lottery (Formerly BToto).

Stock

2022-09-02 18:14 | Report Abuse

VT acquired 30million BJLand shares in direct biz transaction.

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN | https://www.klsescreener.com/v2/announcements/view/3604599

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2022-08-31 11:14 | Report Abuse

FOR IMMEDIATE RELEASE 30 AUGUST 2022BCORP REGISTERS HIGHER REVENUE WITH A PRE-TAX PROFIT OF RM225.2MILLION AND AN ATTRIBUTABLE PROFIT TO SHAREHOLDERS OF RM54.4MILLION FOR FY2022For the 4th Quarter ended 30 June 2022 Berjaya Corporation Berhad (“BCorp”) posted higher revenue of RM2.35 billion, representing an increase of 34% from RM1.75 billion in the corresponding quarter of the previous year. The higher revenue is in line with the increased revenue in all business segments following the resumption of international and domestic travel and further relaxation of the COVID-19 standard operating procedures. In the non-food retail segment, H.R. Owen Plc ("HR Owen") generated higher revenue arising from the higher sales recorded from both new and used car sectors upon the gradual recovery in supply volume after the earlier supply chain disruption.Meanwhile, the food retail segment also contributed higher revenue mainly due to higher same-store-sales growth particularly from Starbucks cafe outlets as well as from the opening of new Starbucks cafe outlets during the financial year. The property segment reported higher revenue driven by higher property progress billings reported from its local project at The Tropika, Bukit Jalil, and higher sales from its overseas residence unit. The hospitality segment also delivered higher revenue as a result of the higher overall occupancy and average room rates reported by the hotels and resorts business, in particular from the hotels in Iceland after the easing of travel and social restrictions during the current quarter under review. The higher revenue in the services segment is driven by STM Lottery Sdn Bhd (formerly known as Sports Toto Malaysia Sdn Bhd) ("STM Lottery"). The higher number of draws conducted, which was forty two (42) draws in the current quarter under review as opposed to only twenty eight (28) draws in the previous year’s corresponding quarter contributed to the increased revenue by STM Lottery. The Group's profit from operations surged by about 779% to RM186.2 million from RM21.2 million in the previous year corresponding quarter, which was in tandem with the higher revenue reported by all the business segments. The pre-tax loss for the quarter under review narrowed by 92% to RM 16.72 million from RM 208.10 million loss in the corresponding quarter of the previous year with the overall improved performance from the Group’s operations. The loss was due to the provision of partial impairment on balance sale proceeds of the Great Mall Project (“GMOC”) amounting to RM197.8 million in view of the prolonged and arduous enforcement procedures of the arbitration award. Notwithstanding the partial impairment made, GMOC is vigorously pursuing enforcement in both jurisdictions in the PRC and Hong Kong. Excluding the partial impairment of RM197.8 million, the Group would have reported a pre-tax profit of about RM181.1 million.Page 1 of 3For the financial year ended 30 June 2022The Group reported higher revenue at RM8.21 billion from RM7.46 billion in the previous financial year, representing an increase of 10%. The better revenue for the financial year under review was mainly contributed by the retail and hospitality segments. The non-food retail segment’s higher revenue was bolstered by stronger sales registered by HR Owen resulting from the strong demand with the gradual supply volume recovery and pre-mix tailwinds leading to strong used car profit margin due to the earlier supply chain disruption in the new car sector.The food retail segment reported a higher revenue mainly due to higher same-store-sales growth particularly from Starbucks cafe outlets as well as from the opening of new Starbucks cafe outlets during the financial year. The hospitality segment posted higher revenue as the hotel and resorts business reported higher overall average occupancy and room rates during the financial year under review with the easing of international travel restrictions. The property segment registered lower revenue due to lower overall property progress billings and lower sales from the overseas residence unit in the current financial year under review. On the other hand, the services segment reported lower revenue mainly due to lower revenue reported by STM Lottery and the financial services business. For the current year under review, the cancellation of thirty seven (37) draws has resulted in STM Lottery's drop in revenue.The Group achieved pre-tax profit of RM225.21 million versus RM260.39 million pre-tax loss in the previous financial year. The pre-tax profit reported for the current year under review was mainly contributed by the retail and hospitality segments. In addition, the higher net investment-related income and the share of better results from associates and joint ventures also further improved the Group's results.

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2022-08-02 12:33 | Report Abuse

BCorp bought 44M BLand shares at 25 sens each on 1/8.

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings During Closed Period | https://www.klsescreener.com/v2/announcements/view/3588527

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2022-08-02 12:33 | Report Abuse

BCorp bought 44M BLand shares at 25 sens each on 1/8.

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings During Closed Period | https://www.klsescreener.com/v2/announcements/view/3588527

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2022-07-29 00:56 | Report Abuse

BJland coming QTR report may be similar to Pavillion with properties & Biz in golden triangle, KL?
https://www.klsescreener.com/v2/news/view/1023707

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2022-07-14 06:25 | Report Abuse

Bjland to list Singapore Instute of Advanced Medicine in Singapore?
https://www.klsescreener.com/v2/news/view/1017367

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2022-06-18 14:26 | Report Abuse

6 月 15 日从 VT 以每股 22 美分的价格购买 140,000,000 股股票的大买家是谁?
当 bjasset 已经 28.5 美分时,为什么 bjland 这么便宜?

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2022-05-24 21:05 | Report Abuse

Quarterly rpt on consolidated results for the financial period ended 31/03/2022 | https://www.klsescreener.com/v2/announcements/view/3552613

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2022-04-28 16:25 | Report Abuse

Go go VT go....we all have a dream so make true....
https://youtu.be/xl_FfF53Wec

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2022-03-27 10:20 | Report Abuse

Berjaya Land Bhd is collaborating with Sabapak Eco Sdn Bhd to jointly develop a Sustainable Tourism Destination in Sabah. The two parties inked an MoU for this purpose on Friday, under which they will jointly formulate a comprehensive sustainable plan to develop and transform part of Gaya, Sapi and Bohey Dulang Islands into a prime destination for eco-tourism.