Saw VT at GSC...only VT will understand...

M for Malaysia! Will it be,
V for Berjaya?

https://g.co/kgs/UbuJHb

Key dates to lookout for any announcement from Bursa/BJLand:

6 ~ 10, October - 1 month from Bursa letter on non approval for application of extension to BJLand dated 6 September...

"Further to our announcements dated 2 August 2019 and 5 August 2019, the Board of Directors (“Board”) of Berjaya Land Berhad (“BLand” or “Company”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide its letter dated 6 September 2019, resolved not to approve BLand’s application for an extension of time to comply with its approved minimum public shareholding spread requirement of 15% (“Public Spread”).

As provided in the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”), Bursa Securities may:-

(a) impose any type of action or penalty pursuant to Paragraph 16.19 of the Listing Requirements; and

(b) suspend trading in the securities of BLand pursuant to Paragraph 16.02 of the Listing Requirements.

Currently, the public shareholding spread of BLand stood at 14.65%, a shortfall of about 0.35%.

In view of the current poor market condition and as the Company has not formulated any rectification plan to address the shortfall in the Public Spread but will explore all possible options to meet the Public Spread, the Board of BLand may contemplate an appeal on Bursa Securities’ decision on the extension of time to comply with the Public Spread.

This Announcement is dated 10 September 2019."

Was hoping Kasi kasi some more 2day?

If you observe carefully... BJCorp as 85% majority owner is the ultimate beneficiary in case of Privatisation as its share price has been maintained at 25.5/26 sens level come what may, even with a substantial loss declared for current qtr.!
Btw VT only owns about 56% of BJCorp, so whatever happens, the minority will still benefit...

Wah! macai open new account today just to comment?

No need to bother about the noise from VT's macais...just only need to remember Stockraider's advise...now is the time for VT Macais to collect on the low as they also wants to earn money like the Boss?

"I believe VT will still offer a reasonable price substantially higher price than the current price of rm 0.205 loh....but he will get his macai to collect as much as possible cheap cheap instead of buying on the up bland on the up, his macai will accumulate on the down loh...!!

If u have your have bland just hang on loh....try to follow VT macai accumulate on the down, in order to benefit fully on VT privatization play loh..!

Do not despair loh....even Bursa suspend....eventually VT will still offer u an exit privatization price, don forget VT macai also quietly collecting too...they also want to make monies together with his boss loh....!!"

So many macais in action 2day? Anyway there will be a response from South Korean Govt's on Berjaya Jeju Compensation before 17 October? before the 3 months deadline to enforce arbitration through the BIT.

"Berjaya Land Berhad (BLB), a subsidiary of Berjaya Group of Malaysia brought an ISDS case against South Korea, claiming damages of KRW 4.4 trillion (around 4.0 billion in USD). According to the Ministry of Justice, Berjaya’s Notice of Intent under the Korea-Malaysia BIT of 1989 was submitted on 17 July, 2019."

http://isds.bilaterals.org/?10th-isds-case-against-south-korea

Looks like VT will be visiting Berjaya Hills soon and the possibility of returning to the Casino project as a way of assisting in development of local tourism and hospitality industries to raise more funds to assist Govt. in it's development programs?

https://news.worldcasinodirectory.com/former-berjaya-group-boss-may-revisit-malaysian-casino-license-application-38500

When Macais t3t4 something's is up?

VT and his macais off course...

Sell BJToto 2 buy BJLand or pay dividends to own self as 85% majority owner? what an interesting trade-off...

More Macais at work? Looks more like lefthand to righthand buy/sales again in the absence of any news!

Maybe that's why BJLand has been monetising BJToto shares lately?

Must be on the right track to elicit a response from management...

Anyway any actions will definitely have a reaction, is it the signal we are looking for from VT?

Most probably to raise cash to restructure BJGroup by killing 3 birds (BJCorp, BJLand & BJMedia) with one stone in order to meet Bursa deadline on 20 October 2019 for BJMedia to enter into a definitive agreement with a white knight before BJMedia is delisted?

https://www.klsescreener.com/v2/announcements/view/29073146

Right! BJCorp & VT can only get the cash once BJLand announce dividend as now cash rich?

U can see the link here in previous announcement...

https://www.thestar.com.my/business/business-news/2011/04/30/bland-subsidiary-sells-btoto-shares/

Just wondering why VT's macais is so active this few days? Also the conversion ratio between BJLand & BJCorp is still maintained whatever the price? Already passed 2 months from BJLand's legal notice to South Korea on Berjaya Jeju Compensation/Negotiation dated 17 July...There should be a response coming anytime??? Is this the signal that the End is Near!

https://youtu.be/uS8R8fcC_OY

Just a small distraction, nothing to be excited about...sale of 1 million shares (0 2%) by BJLand 's wholly-owned subsidiary, Gateway Benefit Sdn Bhd. maybe just a normal buy & sell transaction which hasn't changed the fact that BJCorp & VT still owns more than 85% of shares in breach of Bursa's listing requirements. Also remember the hoard of BJLand held treasury shares not counted in the 85%？.

Notice that, there is no more unlimited shares on sale, VT's just maintaining a semblance of sufficient liquidity to satisfy Bursa before his next steps materialize.

https://www.thestar.com.my/business/business-news/2011/04/30/bland-subsidiary-sells-btoto-shares/

Maybe singing the same old songs? Anyway no worries as the volume of trading still indicate sufficient liquidity levels, only VT lose some brokers' fees..can still eat nasi lemak with peha aym kampung...

"Only Bursa Malaysia has the sole right to decide the listing status of companies that do not meet the public spread requirements. Bursa Malaysia may choose to keep such companies listed if it deems the liquidity level sufficient for trading...

The power to delist is in the hands of investors. “If they think that the offer price is too low, then they should not accept it. And when investors accept the offer, they [investors] are essentially facilitating the move by the company to leave the stock market, as once the offeror has a 90% acceptance rate, the offeror can proceed to compulsorily acquire the company and proceed to take it private”

http://www.sidc.com.my/about-sidc/news-room/in-the-news/2007/what-happens-when-the-public-spread-of-the-company

Yup it's a freeworld out there, only fools can't see it? Only just don't work overtime for the Boss? Btw just wondering why VT's macais so active lately? unless the End is Near!

https://youtu.be/uS8R8fcC_OY

Just be patient like VT...Behold the year of the Water Dragon! born 23 Feb. 1952 the birthday of VT...

To understand more on how he works, read link below:

https://www.fengshuiweb.co.uk/animals/waterdragon.htm

The higher the better... good for Malaysia"s economy and more spending power for BJGroup's services leads to higher profitability in the coming months...

https://www.nst.com.my/business/2019/04/479648/malaysias-economy-pick-2h-higher-oil-prices

That's why the opposite will be true if the Scrooge goes west?

Why work overtime for the Boss? Chill it! Go for your holidays there's a long break ahead, unless the End is Near!

https://youtu.be/uS8R8fcC_OY

You hit the nail! Btw Morvin when to China a few days ago to promote BJLand high-end properties in Malaysia to Chinese Buyers? while waiting for Govt's budget incentives to be announced? & currently in Macau to negotiate with prospective partners for Casino/Sports betting in Myanmar/Vietnam? On the Road2Billionaire...

"U don't Get paid for Ideas, U get paid for doing it Right!"

Ur right!!! Bye Bye..Don't stick around here anymore???

All BJLand shareholders are Brothers & Sisters, we grow & sink together so better stand United for a better deal from VT.

As said before, VT's last card is to offer to convert shareholders shares in BJLand to BJCorp preferably on the same ratio (30/38) as the earlier Penta/BJCorp deal in the event of a delisting. That's why BJCorp's share price at 25.5 - 26 sens has been maintained eventhough it reported a large impairment loss for current Qtr.

Old news!

What poker game? Remember out of 15% free-floating shares, about 11% still held by Institutional shareholders. Maybe VT wants your portion of the shares to add on to his 85% in order to trigger the 90% threshold for privatisation/delisting?

In the meantime... Property companies including BJLand with high-end projects such as Ritz Carlton, The Tropika Bukit Jalil is expected to benefit from Govt's move for HOC starting with Hong Kong/China to be announced with more details in the coming Budget?

https://www.theedgemarkets.com/article/putrajaya-aims-organise-home-ownership-campaign-china-or-hong-kong

https://www.edgeprop.my/content/1475250/berjaya-land-begins-2019-tropika-launch-bukit-jalil

When u consult Ur lawyer... remember to ask about Section 213 of the Companies Act 2016 (“Companies Act”) (formally section 132 of the Companies Act 1965) provides that directors must: at all times exercise their powers for a proper purpose and in good faith in the best interest of the company; and. exercise reasonable care, skill and diligence when directors of BJCorp/ BJLand made the Penta deal and also include Bursa/SC in Ur suit?

The dark horse and main beneficiary BJCorp with 85% majority shares in BJLand still defy gravity at 26 sens even after announcing a massive loss for this Qtr.? definitely something is brewing at Berjaya? Ini Kali lah!

No need for sweeping statement.

READ THE Notice of Intent dated 17 July 2019 from BJLand to South Korea Govt carefully..
"This Letter serves as a notice of dispute between BLB & S.Korea Govt. Pursuant to Art. 9 of Malaysia-Korea BIT...BLB invites S.Korea Govt to reach an amicable settlement with Korea within 3 months of this Letter..."

Means we will have an official response from S. Korea Govt to BJLand regarding amicable settlement of dispute before 17 October 2019?

https://ibb.co/ynmYgKq

Here's more news on BJLand Jeju ISDS case against South Korea...

https://www.bilaterals.org/?10th-isds-case-against-south-korea

Copy of BJLand's Notice of Intent
https://drive.google.com/file/d/1ZbyMaT_HLtVQq0tbQZVdHFeOz48mjDQL/view?usp=drivesdk

Water Dragon will rarely let an opportunity be missed, after so much efforts to get the shares cheap even risking Bursa/SC's actions?

Since VT already got so much money back and even more money after October for his planned activities, don't think he can afford a six months suspension as it will affect BJCorp as the 85% majority shareholder since VT's direct interest in BJLand is less the 2%,?

Don't think VT can afford to wait much...as there is no extension by Bursa and the money will be coming back soon from October to year end from... Compensation from Jeju Korea, GMOC Arbitration, Selangor Turf Club Compensation & Sale of FS Kyoto...also with the money coming from the Samurai Bonds from Japan...Govt will kick-off infrastructure projects related to Bandar Malaysia & HS Rail soon...very sure BJLand with extensive properties & land in the surrounding area will gain in substantial value and VT might get some related projects too?

Already worked so hard for so many years & spent so much money to push down the share price to this level...will he let this opportunity to be missed and share the benefits to be reaped soon with anybody?

Will VT let this golden opportunity be missed?

Characteristics of the Water Dragon: 1952, 2012

This type of Dragon is an intelligent, friendly and relaxed person. They will rarely let an opportunity be missed. The difference from the Water Dragon to the other types is that they are happy to wait for results to happen rather than see results straight away.

https://www.fengshuiweb.co.uk/animals/waterdragon.htm

You think sell 17.5 million shares can push down to 15.5 sens meh? from my observations need at least 5 million shares to push down even 0 5 sens, so 17.5 million shares can only yield a drop of 1.75 sens?

Be4 u can pop the question...SC/Bursa would have acted already on VT's current moves...

在旁观者之眼或欺骗者中是欺骗吗？

This is the Endgame...those who can't wait just sell ...what is a few months...compared to VT who has waited years for this golden opportunity...very sure someone will take Ur shares including VT...

Right! Sedikit-sedikit lama-lama jadi Bukit!
Btw VT will be meeting TunM at Kyoto Four Seasons later today...very sure he will be privy to the latest money making projects after the Samurai bonds to fund infrastructure projects like Bandar Malaysia development? High Speed Rail project? since very near to Selangor Turf Club land?

https://www.dbs.com/aics/templatedata/article/generic/data/en/GR/042019/190422_insights_malaysia_construction.xml

Maybank Investment Bank Bhd’s chief executive officer Fad’l Mohamed said that mergers and acquisitions (M&A) activity will be a recurring theme for Malaysian corporates in the second half of the year.

He said that M&As and privatisation had moved at a fast pace with ten attempts during the first half of the year (1H2019) as the broad market weakness had unlocked values.

“Companies in the Property (BJLand?), Steel, Plantation and Technology sectors are among those that may see further M&A activity, as these sectors are in the midst of a down cycle.

https://www.nst.com.my/business/2019/08/513810/malaysias-economy-be-driven-ongoing-mega-projects-2h-2019

Day traders is only a means for advancing...Why nasi lemak? when can eat Shashimi for desert and Wagyu & Truffles for the main course!

KFC sudah ada! boleh tambah Shashimi ala Kyoto FS?

Surprisingly...the main beneficiary & 85% shareholder, BJCorp remains @25.5 sens & defy gravity through all this even after announcing a high loss for current Qtr. Anybody noticed?

Will VT & Sons replicate Chen's success on the Road2Billionaire in Myanmar with their foothold in the public & mixed development project?

https://www.forbes.com/sites/muhammadcohen/2018/03/07/malaysias-richest-2018-how-accidental-casino-billionaire-chen-lip-keongs-cambodia-bet-paid-off/amp/