old news:

Tuesday, 21 July 2015 | MYT 7:42 PM
Berjaya Corp raises stake in Berjaya Kyoto’s RM1.05b Japan project
BY ZUNAIRA SAIEED



KUALA LUMPUR: Berjaya Corp Bhd will advance over RM152mil to Berjaya Kyoto Development (S) Pte. Ltd (BKyoto) and subscribe for a 50% stake in the latter which is undertaking a billion-ringgit property project in Kyoto, Japan.

Under the corporate exercise, BCorp said on Tuesday it was subscribing for the 50% stake in the enlarged paid-up of BKyoto for S$34.66mil cash (RM97.28mil) cash.

BCorp would then advance up to RM152.74mil to the BKyoto Group for the purposes of working capital and proportionate settlement of the inter-company loan with Berjaya Land Bhd.

BKyoto is undertaking a commercial development in Kyoto with a estimated development cost of 33.69bil yen (RM1.05bil).

The group is involved in developing resort hotel and residences. It owns five acres of freehold land about 2km from the Kyoto station, the main transportation hub for Kyoto.

The BKyoto Group is developing the said land into a commercial development comprising a 123-room hotel and 57 units of residences known as the Four Seasons Hotel & Residences.

The estimated development cost (inclusive of the land) of about 33.69bil yen (RM1.05bil).

The Four Seasons Project will be managed by Four Seasons Hotel, Inc. and is expected to be completed by the third quarter of 2016. Presently, about 45% of the construction works of the Four Seasons Project has been completed.

BCorp said the proposed subscription of S$34.66mil was based on the adjusted unaudited net assets of the BKyoto Group, the open market valuation of the Four Seasons project of 36.50bil yen (RM1.14bil) and potential earnings of the Four Seasons project.

“The proposals will provide an opportunity for BCorp to invest directly and own the Four Seasons Project, an iconic luxury hotel and residences in Japan thereby increasing its landbank and portfolio of the properties owned which also include the luxury residences ‘The Ritz-Carlton Residences’ in Malaysia to be marketed and managed by Ritz-Carlton Hotel,” it said.

Calvin, please adjust your direction or position... to do heavy promotion in counters like SAM, Tguan, Tekseng, BPplas, Liihen, Poh Huat, Hevea, KESM, Rubberex, Comfort , Comcorp, Mikromb, JHM (a bit high ) & etc. There are so many good stocks for you to promote in an effective way.

Calvin seems outdated or ignoring the current trend. What has really happened to him? People are mostly focusing in export theme in selective industry ie packaging, electronic and furniture stocks. He still keep promoting plantation counters. Plantation theme is most likely has gone with the El Nino.

Moneysifu. you have strike gold mones in your portfolio. i bought some Poh Huat WB to earn coffee money.

Liquidity is low. Wallop more at this price before uncle Koon buying like no tomorrow.

ignissimia. It's highly likely to arrange in that way you mentioned.

This is the cheapest growth stock in packaging industry with PER 8.6x only.

FA (growth stock) + FA (up trend) + PER low + Good Dividend + Temasek back-up = 搖錢樹. Simply whack only.

RM 1 million/mt is possible due to hyperinflation. It is just like what happened in venezuela.

To win an exclusive lottery license in Vietnam is not easy task. I suppose they have to pay a lot behind the scene. It could be channeled through properties project in Vietnam. But the easiest and legalized way is to let them earn profit from goreng shares. VT, with additional RM 65 in his war chest, can buy at least 150 million BJcorp shares.

No worry. BJcorp has received cash from disposal of shares RM 991.6 from 1 Feb 16 to 30 Apr 16 (including RM 374.5 million from JDC Korea).

RM 17 billion for the claim??? If BJCorp can get RM 1.7 billion is good enough la.

Hopefully, Other 3 counters wont keep dragging down overall performance. Haha

we usually take diluted EPS to work out PER for conservative reason. It doesn't matter whether the holders of iCULs convert or let it stay until the expiry date.

Dividend is more appealing than interest earned from iculs in SAM case. No point holding iculs since the default risks is very low until the expiry conversion date. Temasek won‘t be able to enjoy higher returns when the company has announced higher dividends.

Soojinhou. You are right. My mistake. ....anyway, with RM 170 million in the bank, paying 50 cents dividend is not an issue to SAM since it requires RM 45 million only for the payout.

Jtiasa's borrowing is ballooning to record level. If the ended extreme Elno was unable to help the company generating more cash to repay the debt. Jtiasa would probably make another cash call soon to pare down its loan. If you make a comparison between TAAN and Jtiasa, you would know which one is a blood sucker......keep screwing minority shareholders.

Congrats. You guys are so good to pocket more profit from exiting late.

Retailers wants fast fast money. They like to see a penny shot up by 30% in a single day. It's very difficult for Tguan to break 30% in such a short time. The possibility is higher only if Tguan were traded at 33 cents after share split and bonus issues.

I buy its growth story. 3 more additional lines with an increasing about 50% capacity put into operation in coming months.

Fair value gain from revaluation of investment properties RM 25.1 million has contributed a big portion to its profit.

I am waiting Datuk to pull down the price to 30 cents so that I can top up more.

Why the share price up again? 30 cents..Make it happen la.

Another decent way to boost EPS through revaluation of investment property to fool investors. Not creative enough to woo educated investors.

Tguan seems pricey to ikan bilis even though trading at low multiple PER. The management is expected to undertake corporate exercise like share split and bonus issues to enhance share liquidity.

No more El Nino. El Nina is on the way which may give a boost to FFB production and resulting lower CPO price. Be prepared.

Triple is better bet between Puncak and Triplc at least within 3 months.

Property development and Mall operation were still suffering losses. It may take few years to normalize higher rental yield from Imago Mall. Short and mid term prospect is bleak .

Yeoh is a very good salesman and closely connected with politicians. That's why he was able to acquired Kian Joo with the help of EPF.

Write an article to punish the share price to lower level is much better. VT doesn't like BJCorp share price up up. He is glad to see down down and squeeze the margin players.

King Koil is a US based company. Not easy to sell more matress since the quality is really good.

Can One management must be kidding with its shareholders....for goreng share price? No branding....F&B is obviously over priced at ridiculous level.

Kingkoil matress's quality seems very good. It can last for 20 years. Lol

Share price over hyped. Revenue growth has started showing down trend since 2 quarters ago. May consider to buy when the price drop to 1.6.

Its business growth is supported with additional installed machines. Top up more at low price.

locked some profit first and come back later.

Sell on news?

Most likely the profit will grow in the next few quaters due to savings in material costs.

Heavy Promotion activities were done by medias. Go go go

（吉隆坡28日讯）捷铵科技（JHM，0127，创业板）看好汽车发光二极管（LED）讯号灯业务，将录得双位数增长率，并计划在未来2年转至马交所主板交易。

财经日报《The Edge》报道，捷铵科技执行主席兼董事经理拿督陈庆成指出，汽车LED讯号灯业务目前贡献80%的营业额，展望今年，该业务料可取得1.8亿令吉的工作订单。

“目前，我们LED讯号灯供应给日本与北美自由贸易协定（NAFTA）国家的一级汽车业者。如今，我们放眼进军欧洲市场。”

陈庆成续称：“除此，我们也会生产商用飞机的内部灯具，以在今年第四季进军航空市场。一名潜在客户会在下月，审核公司的资格。”

审核完成后，公司有意取得AS9100全球航空认证，让公司能够竞得长达30年的合约。

他也预期，汽车与航空灯具业务的营业额贡献，将在3年内达到50：50比例。

明年投资1000万

此外，捷铵科技将在航空灯具业务稳定发展后，可能在明年拨出1000万令吉资本开销，扩展至航空领域设备制造业务。

陈庆成指出，汽车LED讯号灯业务和进军航空市场的机会，将确保捷铵科技有能力在3至5年内，取得2000万令吉的净利。

“在3至5年内净赚2000万令吉，是转至马交所主板交易的条件之一。随着去年业绩良好和汽车市场需求强劲，我们目标在明年底或后年初，升级到马交所主板交易。”

Top and bottom line growth haven't stopped here. It is still a good choice to join the bandwagon.

This is the lowest PER logistics in the town now. Hope no more impairment provision for its vessel in coming months.

Imagine if you serve 150 ikan bilis clients and earning 150k in a year. Is it worthwhile to work around the clock?

Serving ikan bilis is really troublesome...Somemore earn peanuts from them through working around the clock. It is not worthwhile to do such dongkey job. Better re-strategise his direction.

With such a wonderful track records. He should consider setting up a biggest funds management company in Msia since his performance is able to beat almost all funds managers in the world.

A sifu who has managed to strike a handsome returns more 100% per annum for the past 3 years. 7 more months to go. Don't play play.

Datuk, Where is the new low price? I am waiting to top up at 30 cents.

Why the price drops so slow one. 30 cents....make it happen faster la.

Weak top and bottom line. It seems that contribution from 2 additional lines to raise capacity of capsules was not encouraging. High PER 22x. Target price 35 cents.

this stock stages in the other way round. Sold on rumour buy on facts.