Lol...Will Uncle Tan add some royal touch to BJland's hotel biz by divesting 25% to Royalty in order to meet SGX's listing requirements in exchange for BJAssets/7- eleven shares after making it syariah compliant?

According to Tan, the proposed delisting of BLand would take place after the listing of his hotel business on Singapore’s stock exchange.

“We plan to list our hotel business on SGX, instead of listing it in Malaysia because under the current rule we cannot list it here. The hotels are owned by BLand, so that will go against the chain listing requirement,” Tan said, adding that the listing on SGX would likely involve five or six hotels owned by BLand.

According to Tan, the valuation of the hotels had yet to be finalised, but the planned initial public offering (IPO) would see the group releasing 25% shareholding of the business to meet the minimum public spread requirements of SGX."

http://www.theedgemarkets.com/article/johors-sultan-ibrahim-ups-berjaya-assets-stake

Lol...the news on Berjaya as it unfolds..."Ini Kali lah!"

Berjaya counters attracts trading interest; BLand jumps 22.2%
Read more at https://www.thestar.com.my/business/business-news/2018/12/20/berjaya-counters-attracts-trading-interest-on-restructuring-plans/#eTpEK6OUBGLC3FmU.99

Lol...Uncle Tan's own words.

."he said BLand had issues in complying with Bursa Malaysia’s listing requirement of having at least 25% public shareholding spread.

Hence, it would make sense to delist BLand from the local stock exchange.

“We will delist BLand because BLand is so undervalued, and also not many people buy its shares, so by delisting, maybe it will help the existing minority shareholders to get a better deal,” Tan said, adding that the Berjaya group owns about 80% of BLand

As at end-July 2018, the company’s net assets stood at 81 sen per share.

According to Tan, the proposed delisting of BLand would take place after the listing of his hotel business on Singapore’s stock exchange.

“We plan to list our hotel business on SGX, instead of listing it in Malaysia because under the current rule we cannot list it here. The hotels are owned by BLand, so that will go against the chain listing requirement,” Tan said, adding that the listing on SGX would likely involve five or six hotels owned by BLand.

According to Tan, the valuation of the hotels had yet to be finalised, but the planned initial public offering (IPO) would see the group releasing 25% shareholding of the business to meet the minimum public spread requirements of SGX.

He said proceeds raised from the proposed IPO of the hotels would be ploughed back into the business for working capital."

Read more at https://www.thestar.com.my/business/business-news/2018/12/20/vincent-tan-makes-his-move/#DQkHcMq177mzGKAk.99

Lol...“The current negativity is excellent for investors. We should be happy that the item we bought at the supermarket six months ago is at a 50% discount at the moment, this golden opportunity comes once every decade"

Lau said he would not be surprised to see more companies being taken private in 2019.

“The cheaper pricing is making it compelling for owners. Furthermore, with the tough business environment, it becomes a challenge to deliver good earnings every quarter. Now is the best time to take the company private, build it up and eventually list it at a better valuation,” said Lau.

Could BJCorp/ BJLand be next?

https://www.thestar.com.my/business/business-news/2019/01/02/its-time-for-bargain-hunting/

Lol...the Lou Ma factor is a big incentive for Uncle Tan to cash in & also payback time to his backers after all these years... otherwise, why the urgency on Kyoto assets sale?

Lol...Profit from Vietnam sale for the special dividend for all BJLand shareholders including BJCorp with 80% ownership followed by privatisation with money from Kyoto sale?

Lol...Uncle Tan is warming up with another RM4.1 billion project in Okinawa after the success of Kyoto 4 Seasons...more to come?

https://www.thestar.com.my/business/business-news/2019/01/17/berjaya-land-plans-four-seasons-resort-in-okinawa-costing-us$400m/

Lol..."BERJAYA CONTINUES TO EXPAND ITS GLOBAL FOOTPRINT IN JAPAN WITH NEW DEVELOPMENT ON THE ISLAND OF OKINAWA IN PARTNERSHIP WITH FOUR SEASONS HOTELS AND RESORTS"

The Board of Directors of Berjaya Land Berhad wishes to inform that its wholly-owned subsidiary, Berjaya Okinawa Development Co. Ltd., had entered into a hotel management agreement with Four Seasons Hotels and Resorts for the development of the Four Seasons Resort and Private Residences Okinawa on the island of Okinawa.

Please refer to the attached press release for further details.

This Announcement is dated 17 January 2019.

Lol...此举将是快速而激烈的！

Lol...不要错过这条船!

Lol... there's a silver lining in every cloud...buy while still cheap... before the rainbow & proverbial pot of gold appears in the horizon soon?
Read carefully on Uncle Tan's moves especially on BJLand below...
https://www.thestar.com.my/business/business-news/2018/12/20/vincent-tan-makes-his-move/

Lol...不要错过这条船!

Lol... there's a silver lining in every cloud...buy while still cheap... before the rainbow & proverbial pot of gold appears in the horizon soon?

https://www.thestar.com.my/business/business-news/2018/12/20/vincent-tan-makes-his-move/

Lol...Now watching from the sidelines for the Battle Royale as already got Ang Pow money...thxs 2 Uncle Tan...:)

"It's Now or Never!"
https://m.malaysiakini.com/news/459657

Lol...one thing that is certain.. Uncle Tan & BJ Group has been selling foreign assets for big profit lately...latest being Vietnam & Kyoto assets to bring home for what? Also the plan to delist from Bursa & relist in Singapore stock exchange. It's payback time for his backers in the new govt? So how to payback??? Your guess is as good as mine... :) :) :)

Lol...with new govt. market manipulators better beware after this?

http://www.theedgemarkets.com/article/ancom-chairman-siew-ka-wei-remanded-over-rm100m-tourism-contract

Lol...:)

Lol...not BJLand meh?

Lol...very smart move after Uncle Tan's Macai has given hints on Boss's intentions here & there?

Lol...dun have 2 wait Eoy to Huat! these 2 mths. period is a window of opportunity for Uncle Tan & BJ Group shareholders...just before cash comes from sale of Kyoto Assets & appointment of new Agong, be4 Lou Ma calls it a day n Bro Anwar takes over next year?

Lol...loves it when Uncle Tan's macais talks in riddles...anyway 50 sens is only the first Tp?

Lol...it's win-win for Uncle Tan & BJGroup shareholders...why block when can make 300% profit in Singapore stock exchange?

Lol...more upside coming? as average price in Sing dollars for BJLand only 10 cents! If listed in Singapore stock exchange will get payback of at least 300%!

Lol...smart move by Uncle Tan to delist BJLand from Bursa and relist again in Singapore stock exchange...with current exchange rate of 1:3 times from SGD to RM...even if he lists BJLand at SG 30 cents it's already worth 90 sens to current shareholders including BJCorp with 80% shares in BJLand! Wow imagine... a 300% profit?

https://www.thesundaily.my/business/vincent-tan-plans-to-list-u-mobile-by-2020-to-delist-berjaya-land-MA288970

Lol...smart move by Uncle Tan to delist BJLand from Bursa and relist again in Singapore stock exchange...with current exchange rate of 1:3 times from SGD to RM...even if he lists BJLand at SG 30 cents it's already worth 90 sens to current shareholders!

Lol...with so much cash in hand...Kyoto assets sale by Uncle Tan & BJ Group to Japanese buyer is a confirmed case liao...

https://www.thestar.com.my/business/business-news/2019/01/07/with-us$890b-in-cash-japan-ma-set-for-biggest-year-ever/

Lol...a match made in heaven for Uncle Tan & BJ Group?

https://www.freemalaysiatoday.com/category/nation/2019/01/06/pahang-johor-or-perak-nation-awaits-next-agong/

Lol..yup resting well as Uncle Tan & Family is already back from Kyoto Four Seasons after serious negotiations with prospective buyer?

Lol... since RM is getting weaker vs USD & Yen...Uncle Tan & BJ Group will get even more RM for sale of Kyoto & Vietnam Assets!

Lol... Actually 7-11 is a profitable Biz all these years, if Kyoto assets sell for RM2.93 billion, BJCorp & BJLand owns Kyoto assets on a 50:50 basis will have cash on hand of RM1.465 Billion each based on ownership %. At current value 7-11 only worth RM1.56 Billion...so there is still RM1.37 billion cash left to distribute to BJCorp/BJLand shareholders as dividends etc...this is not counting the RM222.18 million cash attributable to BJLand from sale of Vietnam assets...and BJLand current market value only worth RM1.225 Billion? not counting the 40% ownership of BJToto worth RM1.16 billion!

https://www-nst-com-my.cdn.ampproject.org/v/s/www.nst.com.my/node/444834/amp?amp_js_v=a2&amp_gsa=1&usqp=mq331AQECAFYAQ%3D%3D#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.nst.com.my%2Fbusiness%2F2018%2F12%2F444834%2Fberjaya-land-divest-vietnamese-asset

Lol...GongXi GongXi from Uncle Tan?

http://www.theedgemarkets.com/article/vincent-tan-restructure-his-business-empire

Lol... don't forget about Uncle Tan's plan to list BJLand's hotel biz in Singapore..anyway anything good for Uncle Tan will be good 4 BJCorp shareholders as 7% & 73% owners of BJLand respectively..

Lol..in a sea of red BJ group rises like a phoenix?

Lol... it's time 4 bottom fishing with BJ Group..while the family holidays in Oxford?

https://www.thestar.com.my/business/business-news/2018/12/27/berjaya-assets-shares-possible-for-bottom-fishing/

Lol...looking good today?

Lol..so free to speak u don't need multiple accounts just 2 cry wolf!

Lol..looks like a favourable quarter coming soon?

Lol.. good try at damage control from the family/syndicate...anyway don't try too hard as playing ping pong can be costly if there are too many buyers at current low price..guess Uncle Tan jumped the gun...amitabha buddha...his see fu..must have mellowed him down?

Lol.. Quote "Case in point is Berjaya Land Bhd
(BLand). The hotel businesses under the group are clear and the market has a valuation for such assets that are uniform throughout the world.

Tan’s plan to float his hotel business on the Singapore Exchange will unlock the value of the properties owned by BLand.

The steady business of the hotel industry makes it an attractive proposition for investors who look at the business more favourably, given the dynamics of the industry."

Read more at https://www.thestar.com.my/business/business-news/2018/12/22/tan-has-penchant-for-getting-the-top-dollar/#uieP3fEZqCDjl56p.99

Lol.. it's good 2 note that u are long term investor...btw care 2 identify the fake news pls? what can be seen atm is that some syndicate are trying doubly hard 2 make people sell cheap by talking bad about the boss/share concerned..noticed this phenomenon with PriceWorth beginning of the year just before the share price tripled when they brought in a Rashid Hussain as a new substantial shareholder..

Lol..sometimes one wonders whose side are u from? Anyway all those things mentioned above has been accounted for as impairment losses in the previous quarters...now that BJLand's previous loses has been wiped clean and the latest quarter has shown significant improvement in profitability...just like a rainbow after the storm...we see gold at the end of this journey...any compensation due from Korea, China, Vietnam & Selangor Govt. is actually a bonus. Finally, as 40% owner of BJSports, BJLand has financially assisted BJCorp through the 4% dividend s received from BJSports instead of the other way round?

https://www.thestar.com.my/business/business-news/2018/12/22/tan-has-penchant-for-getting-the-top-dollar/?fbclid=IwAR1qVhsXpWrYy82co8ZKKoP3niT__RFr_JlS0UTPGEl6idY4g0b5Am0oVmw#3Y3V38wdx0FXwT9M.41

Lol... BJCorp will be around as got cashcow BJToto for funding...but can't say too much about the controlling shareholders when margin comes calling due to their other external business setbacks.

https://www.thestar.com.my/business/business-news/2018/12/22/when-margin-comes-acalling/

Lol..so it begins?

Lol... corrections BJCorp owns 80% of BJLand not Uncle Tan but is controlling shareholder with 49% of BJCorp, BoD only a rubber stamp so what is good for him is good for other BJCorp shareholders including minority that's why the recent buyback..so just follow closely behind..

Lol..the longer Uncle Tan takes the better as time is not on his side...for those who waited for this moment what is 3 to 6 months? only thing the old man cannot wait since got expiry date :)

Lol...30 sen or 40 sen also still profit..since now can buy only around 20.5 sen :)

Lol..the facts and urgency is there for BJland while 7-11 is a distraction..after all u think a fox will tell the whole truth? So just quietly accumulate on any dips..

Lol.. privatisation of 7-11 is just a proposal by Uncle Tan..not a reality yet..u think a fox will publicly announced his intentions loudly to the whole world?...4 all we know it's just a distraction for a bigger things to come 4 BJ Group...

Lol...time is the essence for Uncle Tan...since Bursa has approved BJLand's public listing with 19.76% public spread..there is need to privatise BJland quicky w the money from Kyoto sales before the compensation/sales from Korea, Vietnam, China, Selangor Govt. coming anytime..any fall back is time to accumulate at cheaper price..7-11 can still wait as the stakes are much higher with BJLand..why share with royalty?

Lol...what is good for Uncle Tan is also good for BJCorp shareholders as BJcorp owns 80% of BJLand... anyway Bursa has accepted BJland's 19.76% in announcement dated 20/12 as meeting public spread requirements for public listing in Bursa..