sailang_now

sailang_now | Joined since 2017-07-29

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Stock

2021-06-15 21:16 | Report Abuse

py1818 Tks for your daily bulletin & confirmation on possible trend reversal.

py1818 *
@sailang_now
@earlyretirement
@Investor123456
BjLand
Highest price 0.52
Major Resistant 0.33
Major Resistant 0.31
Price 0.30
Support 0.29
Support 0.28
Support 0.26
Major support 0.25
Support 0.24
Support 0.22
Support 0.20

Verdict - Downtrend is about to be reversed provided price is able to stay above major resistant 0.31 and 0.33.

Stock

2021-06-15 21:13 | Report Abuse

py1818 Tks for your daily bulletin & confirmation of trend reversal.
ps. Disgruntled Berjaya employees & minority shareholders here is your chance to exit & let others take your tickets.

py1818 *
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Price 0.335
Major support 0.335
Major support 0.31
Support 0.29
Major Support 0.27
Support 0.23

Verdict - Yes. Downtrend reversed, provided price able to stay above major resistant 0.31 and 0.335.

Stock

2021-06-15 19:50 | Report Abuse

What is important is that there's now a plan compared to none previously.
Also note key initiatives:

Key Initiatives:
1. Streamline
ď‚· Identification of sub-segments & countries which we want to be in, divestment of nonďżľcore businesses and merger of overlapping (BJLand takeover) businesses.
2. Improve
ď‚· Succession Planning - developing a talent pipeline amongst management level staff
and a succession planning programme
ď‚· Compliance and Governance - addressing the cross-holding ownership structure (current trimming of non direct interest through sale of shares by various VT companies)

Stock

2021-06-15 19:48 | Report Abuse

What is important is that there's now a plan compared to none previously.
Also note key initiatives:

Key Initiatives:
1. Streamline
ď‚· Identification of sub-segments & countries which we want to be in, divestment of nonďżľcore businesses and merger of overlapping (BJLand takeover) businesses.
2. Improve
ď‚· Succession Planning - developing a talent pipeline amongst management level staff
and a succession planning programme
ď‚· Compliance and Governance - addressing the cross-holding ownership structure (current trimming of non direct interest through sale of shares by various VT companies)

Stock

2021-06-15 19:31 | Report Abuse

Looks like BJLand current biz will be broken up by BJCorp after takeover and placed under:
3. Property – Property Development, Investment Properties & Affordable Housing
4. Hospitality – Hotels & Resorts, Recreation Clubs
5. Services – Gaming (BJToto), Environment, Digital Services, Financial Technology

Key highlights:
ď‚· Divestments worth RM2 billion over 2 years and RM5 billion over 5 years
ď‚· Reducing BCorp debt level from RM5 billion to RM2.5 billion over 3 years
ď‚· Dividend policy for all operating companies

FOR IMMEDIATE RELEASE
15 JUNE 2021
BCORP GROUP CEO ANNOUNCES STRATEGIC TRANSFORMATION PLAN
Berjaya Corporation Berhad (“BCorp”) Group CEO, Jalil Rasheed today unveiled a 3-Year
Strategic Plan (2021-2024) to move the BCorp Group forward into an institutionalised high
performing organisation.
The strategic plan will transform the existing conglomerate into a consumer group with focused
core business segments, each led by respective sector heads with oversight from the Group
CEO. The five business segments will be reorganised as follows:
1. Retail – Consumer Marketing & Distribution
2. Food & Beverage – Food Franchises & Food Trading
3. Property – Property Development, Investment Properties & Affordable Housing
4. Hospitality – Hotels & Resorts, Recreation Clubs
5. Services – Gaming, Environment, Digital Services, Financial Technology
This reorganisation will see BCorp, as the holding company, led by the Group CEO and a
senior leadership team, playing a strategic role, and the operating companies taking on the
operational & administrative functions.
The Group’s strategic plan will anchor around Five (5) Key Pillars, to drive operational
efficiency and execution:
1. Profitability
2. Governance
3. Process
4. People
5. Digital
These pillars will be achieved through Four (4) Key Initiatives:
1. Streamline
ď‚· Identification of sub-segments & countries which we want to be in, divestment of nonďżľcore businesses and merger of overlapping businesses.
2. Improve
ď‚· Succession Planning - developing a talent pipeline amongst management level staff
and a succession planning programme
ď‚· Compliance and Governance - addressing the cross-holding ownership structure
ď‚· Business Empowerment - creating a self-sustainable business model within the core
business segments
3. Restructure
ď‚· Reassess existing operating model to realign with strategic objectives
ď‚· Corporate structure rationalisation to create a flatter organisation
4. Establish
ď‚· A Management Committee and Business Committee
ď‚· Define KPIs and performance monitoring deliverables
ď‚· Cost management and operational efficiency initiatives
ď‚· Digitalisation & sustainability frameworks
Besides this, some key headline numbers identified are:
ď‚· Divestments worth RM2 billion over 2 years and RM5 billion over 5 years
ď‚· Reducing BCorp debt level from RM5 billion to RM2.5 billion over 3 years
ď‚· Dividend policy for all operating companies
Commenting on the strategic plan, Jalil Rasheed said, “I’ve spent the past three months
studying the businesses in detail and this strategic plan is to address the gaps we have (focus,
discipline) and enhance the strengths (established brands in growth sectors).
“This process will optimise our resources better, improve synergies and efficiency within the
Group, and enhance corporate governance and transparency. This in turn, will transform
BCorp into a high performing organisation and realise the unlocked value of the business.”

Stock

2021-06-15 19:28 | Report Abuse

Looks like BJLand currently biz will be broken up by BJCorp after takeover and placed under:
3. Property – Property Development, Investment Properties & Affordable Housing
4. Hospitality – Hotels & Resorts, Recreation Clubs
5. Services – Gaming (BJToto), Environment, Digital Services, Financial Technology

Key highlights:
ď‚· Divestments worth RM2 billion over 2 years and RM5 billion over 5 years
ď‚· Reducing BCorp debt level from RM5 billion to RM2.5 billion over 3 years
ď‚· Dividend policy for all operating companies

FOR IMMEDIATE RELEASE
15 JUNE 2021
BCORP GROUP CEO ANNOUNCES STRATEGIC TRANSFORMATION PLAN
Berjaya Corporation Berhad (“BCorp”) Group CEO, Jalil Rasheed today unveiled a 3-Year
Strategic Plan (2021-2024) to move the BCorp Group forward into an institutionalised high
performing organisation.
The strategic plan will transform the existing conglomerate into a consumer group with focused
core business segments, each led by respective sector heads with oversight from the Group
CEO. The five business segments will be reorganised as follows:
1. Retail – Consumer Marketing & Distribution
2. Food & Beverage – Food Franchises & Food Trading
3. Property – Property Development, Investment Properties & Affordable Housing
4. Hospitality – Hotels & Resorts, Recreation Clubs
5. Services – Gaming, Environment, Digital Services, Financial Technology
This reorganisation will see BCorp, as the holding company, led by the Group CEO and a
senior leadership team, playing a strategic role, and the operating companies taking on the
operational & administrative functions.
The Group’s strategic plan will anchor around Five (5) Key Pillars, to drive operational
efficiency and execution:
1. Profitability
2. Governance
3. Process
4. People
5. Digital
These pillars will be achieved through Four (4) Key Initiatives:
1. Streamline
ď‚· Identification of sub-segments & countries which we want to be in, divestment of nonďżľcore businesses and merger of overlapping businesses.
2. Improve
ď‚· Succession Planning - developing a talent pipeline amongst management level staff
and a succession planning programme
ď‚· Compliance and Governance - addressing the cross-holding ownership structure
ď‚· Business Empowerment - creating a self-sustainable business model within the core
business segments
3. Restructure
ď‚· Reassess existing operating model to realign with strategic objectives
ď‚· Corporate structure rationalisation to create a flatter organisation
4. Establish
ď‚· A Management Committee and Business Committee
ď‚· Define KPIs and performance monitoring deliverables
ď‚· Cost management and operational efficiency initiatives
ď‚· Digitalisation & sustainability frameworks
Besides this, some key headline numbers identified are:
ď‚· Divestments worth RM2 billion over 2 years and RM5 billion over 5 years
ď‚· Reducing BCorp debt level from RM5 billion to RM2.5 billion over 3 years
ď‚· Dividend policy for all operating companies
Commenting on the strategic plan, Jalil Rasheed said, “I’ve spent the past three months
studying the businesses in detail and this strategic plan is to address the gaps we have (focus,
discipline) and enhance the strengths (established brands in growth sectors).
“This process will optimise our resources better, improve synergies and efficiency within the
Group, and enhance corporate governance and transparency. This in turn, will transform
BCorp into a high performing organisation and realise the unlocked value of the business.”

Stock

2021-06-15 16:56 | Report Abuse

Tks py1818 for your daily bulletin.
Can it decisively breaks & stays above 0.335 major resistance to confirm trend reversal?

Stock

2021-06-15 16:16 | Report Abuse

Sounds good to monetize some bigs assets & list telco biz Umobile through a backdoor listing after full takeover of BJLand?

VT can do it together with 7Eleven for Caring why not BLand as low hanging fruits with only 13% minority left to control all foreign & local assets & cash beneficial for Berjaya restructuring? A restructured & professional run Berjaya will be more attractive to foreign investors. The shell company after takeover can be used for backdoor listing of VT company like UMobile etc?

HuatAh8809 Heard some stafv this morning attended to Jalil meeting..

He said berjaya corporation is going to dispose a few big assets and then declare dividend..

Then will list telco business which can a few billions for the group..

This is going to be crazy

Stock

2021-06-15 15:43 | Report Abuse

Govt serious to reopen back Malaysian economy faster as more vaccines are approved like one dose vaccines Cansino & JJ Johnson & now Pfizer shots are approved for 12 years & above instead of previously only for 18 years & above.
Refer link above.

Stock

2021-06-15 15:17 | Report Abuse

Good news for BJCorp/BJLand gaming sector.
"Gaming companies such as casino operators as well as number forecast operators (NFOs) are seen as direct proxies to the upcoming reopening of the economy, taking cues from the recoveries seen in the United States and the United Kingdom after mass dispensation of Covid-19 vaccines there.

The acceleration of the vaccination programme in Malaysia gives hope that the country could potentially achieve similar economic recovery.
https://www.thestar.com.my/business/business-news/2021/06/15/earnings-recovery-likely-for-gaming-next-year
https://www.klsescreener.com/v2/news/view/841517

Stock

2021-06-15 14:27 | Report Abuse

Sounds good to monetize some bigs assets & list telco biz Umobile through a backdoor listing after full takeover of BJLand?

VT can do it together with 7Eleven for Caring why not BLand as low hanging fruits with only 13% minority left to control all foreign & local assets & cash beneficial for Berjaya restructuring? A restructured & professional run Berjaya will be more attractive to foreign investors. The shell company after takeover can be used for backdoor listing of VT company like UMobile etc?

HuatAh8809 Heard some stafv this morning attended to Jalil meeting..

He said berjaya corporation is going to dispose a few big assets and then declare dividend..

Then will list telco business which can a few billions for the group..

This is going to be crazy

Stock

2021-06-15 11:53 | Report Abuse

Already reached 2nd major resistance 0.335. Remember the key to unlock value is BJLand as all cashcows & money making assets are parked there. Grab some while still cheap.

paperplane agree with stockraider bro. He want to unlock value with new CEO in chair now.

Stock

2021-06-15 10:33 | Report Abuse

Looks like VT greenlighted the early release of restructuring plans to speed things up? Also no signs of major roadblocks today?

Stock

2021-06-15 09:34 | Report Abuse

py1818 Tks for your daily bulletin.
First Major Resistance 0.31 already broken. Can it break & stay above next major resistance 0.335 today?

@py1818*
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major Resistant 0.335
Major Resistant 0.31
Price 0.295
Support 0.29
Major Support 0.27
Support 0.23

Stock

2021-06-14 09:50 | Report Abuse

What VT has done is only trimmed his indirect holdings to friendly parties. 9 million shares is peanuts to VT as only valued at RM2.7 million @30 sens per share. He has not sold any of his direct shares of 1283 million while indirect shares 1211 million.

"Including today's transaction, he has cumulatively disposed of nine million indirect shares or 0.09% stake over the past two weeks."

At the moment VT hold Bjc as follows:
Directly...... 1283m
Indirect...... 1211m
Iculs 2022.....258m
Iculs 2026.....103m

Bland directly..96m

Number of Bjcorp share net of treasury 5020m

Thus current VT effective shareholding in Bjcorp is 1283m + 1211m = 2494m
VT shareholding As a % of overall Bjcorp shareholding 49.6% pa.

VT holding As a % of overall Bjcorp after iculs2022 matures 54.8%.

Stock

2021-06-12 12:55 | Report Abuse

py1818 Tks for your daily bulletin. Very useful tool for orderly exit & reentry.

Stock

2021-06-12 11:35 | Report Abuse

Congratulations to those who as taken profit earlier & now waiting to reenter at 18 sens. Here is the latest on VT sales.

BCorp boss Vincent Tan trims indirect stake in group
TheEdge Thu, Jun 10, 2021 10:51pm - 1 day ago

KUALA LUMPUR (June 10): Berjaya Corp Bhd (BCorp) non-executive chairman Tan Sri Vincent Tan saw his indirect interest in the group trimmed following the sale of one million shares on the open market on June 8.

In a stock exchange filing, BCorp said Tan’s deemed indirect interest held through his child dropped to 1.21 billion shares or a 23.86% stake, from 23.89% previously.

The prices at which the shares crossed were sold was not revealed. BCorp shares closed at 30 sen on June 8, at which price the block of shares was valued at RM300,000.

Meanwhile, Tan also has direct control over 1.28 billion shares in Bcorp, representing a 25.28% stake.

Including today's transaction, he has cumulatively disposed of nine million indirect shares or 0.09% stake over the past two weeks.

The group's bourse filings showed that he had disposed of 1.5 million shares on May 28, 3.5 million shares on May 31, two million shares on June 1, and one million shares on June 2.

BCorp shares closed unchanged at 31 sen today, for a market capitalisation of RM1.65 billion.

Stock

2021-06-12 11:33 | Report Abuse

Congratulations to those who as taken profit earlier & now waiting to reenter at 18 sens. Here is the latest on VT sales.

BCorp boss Vincent Tan trims indirect stake in group
TheEdge Thu, Jun 10, 2021 10:51pm - 1 day ago

KUALA LUMPUR (June 10): Berjaya Corp Bhd (BCorp) non-executive chairman Tan Sri Vincent Tan saw his indirect interest in the group trimmed following the sale of one million shares on the open market on June 8.

In a stock exchange filing, BCorp said Tan’s deemed indirect interest held through his child dropped to 1.21 billion shares or a 23.86% stake, from 23.89% previously.

The prices at which the shares crossed were sold was not revealed. BCorp shares closed at 30 sen on June 8, at which price the block of shares was valued at RM300,000.

Meanwhile, Tan also has direct control over 1.28 billion shares in Bcorp, representing a 25.28% stake.

Including today's transaction, he has cumulatively disposed of nine million indirect shares or 0.09% stake over the past two weeks.

The group's bourse filings showed that he had disposed of 1.5 million shares on May 28, 3.5 million shares on May 31, two million shares on June 1, and one million shares on June 2.

BCorp shares closed unchanged at 31 sen today, for a market capitalisation of RM1.65 billion.

Stock

2021-06-11 11:00 | Report Abuse

Much ado over nothing?
VT has direct control over 1.28 billion shares in Bcorp, representing a 25.28% stake which VT has never sold and still has 1.21 billion indirect shares or a 23.86% stake.

"KUALA LUMPUR (June 10): Berjaya Corp Bhd (BCorp) non-executive chairman Tan Sri Vincent Tan saw his indirect interest in the group trimmed following the sale of one million shares on the open market on June 8.
In a stock exchange filing, BCorp said Tan’s deemed indirect interest held through his child dropped to 1.21 billion shares or a 23.86% stake, from 23.89%."
https://www.klsescreener.com/v2/news/view/839849

Stock

2021-06-10 21:37 | Report Abuse

1 million shares is peanuts to VT when he has 1.36 billion direct shares in BCorp.
https://simplywall.st/stocks/my/capital-goods/klse-bjcorp/berjaya-corporation-berhad-shares#ownership

Stock

2021-06-10 09:27 | Report Abuse

Tks py1818 for you daily bulletin.
Already broken major resistance 0.31 let's see if trend reversal is confirmed by today?

py1818 *
@sailang_now Tks py1818 for your daily bulletin.
Touched 0.32 today. Can it close at 0.32 for the next tp?

A trend reversal is confirmed when price goes above and stays above a major resistant. In this case either 0.31 or 0.335.
And a major support is found at 0.27. Where price bounced back from lowest recently. Can see in 1 month chart

@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Major Resistant 0.335
Major Resistant 0.31
Price 0.31
Support 0.29
Major Support 0.27
Support 0.23

Stock

2021-06-09 19:49 | Report Abuse

py1818 Tks for your daily bulletin.

Let's see what's up tomorrow?

Stock

2021-06-09 16:09 | Report Abuse

Tks py1818 for your daily bulletin.
Touched 0.32 today. Can it close at 0.32 for the next tp?

py1818 @earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Resistant 0.335
Resistant 0.31

Closing price 0.305

Support 0.29
Support 0.27
Support 0.23

Stock

2021-06-09 15:06 | Report Abuse

Tks py1818 for your daily bulletin.

0.26 resistance already broken can we break 0.28 to confirm trend reversal?

py1818 @sailang_now
@earlyretirement
@Investor123456
BjLand
Highest price 0.52
Major Resistant 0.33
Resistant 0.31
Resistant 0.29
Resistant 0.28
Resistant 0.26

Price 0.26

Support 0.24

Stock

2021-06-08 09:14 | Report Abuse

If VT can do it together with 7Eleven for Caring why not BLand as low hanging fruits with only 13% minority left to control all foreign & local assets & cash beneficial for Berjaya restructuring? A restructured & professional run Berjaya will be more attractive to foreign investors. The shell company after takeover can be used for backdoor listing of VT company like UMobile etc?

Stock

2021-06-05 10:21 | Report Abuse

py1818 Tks for your daily bulletin.

Stock

2021-06-05 10:19 | Report Abuse

That could explain why?.. on the recent spade of indirect interest sales by VT & Son? For all we know their associates are collecting cheap from open market & why known VT macais are actively scaring minority not to buy before the announcement?

birkincollector just this year alone.....boustead, FGV, MMC ...these political linked companies has announced privatisation/restructuring....then BJcorp, who we all know linked to someone also gonna announce restructuring......seems like politicians getting ready for GE funds using creative methods.........so i think worth the bet to buy some for what ever VT gonna announce...who knows u get something like MMC :P

Stock

2021-06-05 10:09 | Report Abuse

py1818 Tks for your daily bulletin really helps for an orderly exit & reentry for many with no TA.

Stock

2021-06-03 18:20 | Report Abuse

py1818 Tks for your daily bulletin.

Stock

2021-06-02 19:20 | Report Abuse

py1818 Tks for your daily bulletin.
A combination of TA, FA & biz intelligence helps a lot in decision making. Let's see what's next tomorrow?

Stock

2021-06-02 16:33 | Report Abuse

Profit taking is well absorbed. Will Jalil make it a closing of at least 30 sens as a sign of trend reversal?

Stock

2021-06-02 15:11 | Report Abuse

Looking good, hardcore minority still holding 13.2% of BJLand vs BJCorp shareholding of 77.9%. Let's see what will happen after Berjaya Group restructuring exercise in late June.
Btw VT has increased his shareholding by 4.82% as of 19 April 2021 to 106.71million shares in BJLand.
Btw I have been monitoring the minority holdings of BJLand since last year. Previously it was only 10.5% but has increased to 13.3% in March. After the last selldown it only dropped 0.01% to 13.2%. There's not really much free floating shares left after Dimensional fund liquidated another 3% of BJLand held under PCM Ld last year.

Stock

2021-06-02 14:34 | Report Abuse

Tks py1818 for your daily bulletin update. Will see if it is technical rebound or trend reversal soon?

Stock

2021-06-02 13:32 | Report Abuse

Yes, the profit from automotive mainly from HR Owen in UK, after successful control of Covid 19 in UK after successful roll out of vaccinations over there.
https://www.am-online.com/news/dealer-news/2021/01/29/hr-owen-looks-to-expand-after-2020-coronavirus-setbacks

In Malaysia, 3 million people has been vaccinated so far. With more vaccine supply coming in June & July, more people will be vaccinated and the economy will be reopened in time for Berjaya recovery program after July?
https://www.nst.com.my/news/nation/2021/05/692061/malaysia-receives-another-batch-astrazeneca-coronavac-vaccines

Stock

2021-06-02 13:04 | Report Abuse

Bursa is up 8.6 points, Dow Jones also up 46 points today..why not? Reminds me last time of limit up request by Dr. Jor El.

wallstreetrookie can we make bjcorp limit up?

Stock

2021-06-02 11:44 | Report Abuse

First step restructuring of the BOD, next step restructuring of BJ Group with privatisation or takeover of assets & liabilities of BJLand (Ancom model) to start the ball rolling for BJCorp reorganization.

Stock

2021-06-02 11:35 | Report Abuse

You are right! Follow the Institutional funds (clever foreigners) which are still holding 6.5%. Last check below indicated these clever foreigners has not sold any shares this year even when price reached 50 sens in March/April this year.
Personally I think there are many chameleons from Interpacific masquerading as minority trying to influence ikan bilis to sell before the announcement of restructuring plans by Jalil & next moves by NCW Malaysia & Lena Tan.
Btw minority still holds 34.1% in BCorp.

Stock

2021-06-01 09:09 | Report Abuse

Guys when did BJCorp owns 48.34% of BJToto? As of 21 May, its current holding in BJToto is worth RM1.3 billion! If monetized by selling the controlling stake to NCW Malaysia should be worth more?
https://simplywall.st/stocks/my/consumer-services/klse-bjtoto/berjaya-sports-toto-berhad-shares#ownership

Stock

2021-05-31 01:07 | Report Abuse

Looking good, hardcore minority still holding 13.2% of BJLand vs BJCorp shareholding of 77.9%. Let's see what will happen after Berjaya Group restructuring exercise in late June.
Btw VT has increased his shareholding by 4.82% as of 19 April 2021 to 106.71million shares in BJLand.

Pls. note that VT is now the MD & CEO of BJToto after taking over from Nerine Tan.
Just wondering after retiring as Executive Chairman of BJCorp why VT took over as Managing Director & CEO of BJToto considering that BJLand holds 40% controlling shares in BJToto?
https://ibb.co/Z6x1tjQ
https://simplywall.st/stocks/my/consumer-services/klse-bjland/berjaya-land-berhad-shares#ownership

Stock

2021-05-30 00:06 | Report Abuse

Look carefully at link below:
https://ibb.co/Hx6JWGs
VT is a master illusionist, he gives people the impression that he is selling but as of 24 May, his direct holdings has actually increased by 4.6% to 27.33% in BJCorp.

Apart from privatization of BJLand, BJCorp can also adopt Ancom's restructuring model by taking over BJLand Assets & Liabilties based on nta of 80 sens. Since BJCorp already has 78% direct shares, only need to pay off the 13% minority & 9% indirect shares owned by VT & Co. via a combination of cash & new shares in BJCorp.

The listing of the shell company (BJLand shell co) after the takeover can be used for backdoor listing of VT other biz like Umobile?

https://simplywall.st/stocks/my/capital-goods/klse-bjcorp/berjaya-corporation-berhad-shares#ownership

Stock

2021-05-29 23:36 | Report Abuse

Look carefully at link below:
https://ibb.co/Hx6JWGs
VT is a master illusionist, he gives people the impression that he is selling but as of 24 May, his direct holdings has actually increased by 4.6% to 27.33% in BJCorp.
https://simplywall.st/stocks/my/capital-goods/klse-bjcorp/berjaya-corporation-berhad-shares#ownership

Stock

2021-05-29 12:30 | Report Abuse

You are right! Follow the Institutional funds (clever foreigners) which are still holding 6.5%. Last check below indicated these clever foreigners has not sold any shares this year even when price reached 50 sens in March/April this year.
Personally I think there are many chameleons from Interpacific masquerading as minority trying to influence ikan bilis to sell before the announcement of restructuring plans by Jalil & next moves by NCW Malaysia & Lena Tan.
Btw minority still holds 34.1% in BCorp. See link below.

https://simplywall.st/stocks/my/capital-goods/klse-bjcorp/berjaya-corporation-berhad-shares#ownership

Stock

2021-05-28 15:38 | Report Abuse

Since VT is also the Advisor to NCW Malaysia, he must be privy to their Mergers & Acquisplan for BJCorp. That's why he converts LD which carries only an annual I interest of 5% to mother share which has bigger potential return of 5% from LD after the restructuring exercise next month. Further BJCorp may issue more LD to BJLand shareholders including VT & Co. in return for full acquisition of their shares?

Why he want to convert the LD to mother share?

Stock

2021-05-28 14:51 | Report Abuse

Guys any update on New Capital World (NWCA Malaysia)? Apparently BCorp invested a cool billion in March this year for 40% share in this Investment Banking Group from UK headed by Lena Tan with office in Berjaya Times Square.

"NWCA Malaysia will be focusing on providing advisory services including mergers and acquisitions, strategy and operations advice to diversified businesses, corporations, and institutional investors in Malaysia as well as neighboring countries where they have a presence.

The NWCA Malaysia team will be led by Lena Tan as the chairman and managing director.

Tan is s currently a director at 7-Eleven Malaysia Holdings, Razer Fintech Holdings, Berjaya Fintech, Berjaya Retail and Berjaya Credit, and previously served as chairman at 7-Eleven Malaysia and Singer Malaysia."
https://www.thesundaily.my/business/berjaya-corp-new-world-group-to-launch-advisory-services-XC7316734
https://nwgp.com/#nwv

Stock

2021-05-27 23:05 | Report Abuse

How can it be old story when only in press release today and the restructure will only happen in late June? Anyway congratulations for exiting your positions in Berjaya earlier.

Stock

2021-05-27 22:24 | Report Abuse

Latest Press Release by Lydia today:
In addition, the Group is in the midst of embarking on a restructuring and rationalization process to transform the Group into a diversified consumer group comprising focused business sectors. This process will also entail clearly identifying core and non-core assets. The Directors envisage the transformation
exercise when completed will have a positive impact on the Group’s future prospects.

OTHERS | https://www.klsescreener.com/v2/announcements/view/3366549

Stock

2021-05-27 16:42 | Report Abuse

Entry price was 15 sens, already got back the principal. Only left the profit invested in Berjaya to see VT's hand by late June?

Posted by simon2020 > May 27, 2021 11:56 AM | Report Abuse

There are 5 categories of investors here...which are you?
1. Average acquisition price of 28 to 70 sens including VT.
2. Average acquisition price of 28 to 33 sens including Jalil.
3. Average acquisition price of 18 to 25 sens but exited at 40 to 50 sens, now waiting to reenter?
4. Average acquisition price of 18 sens to 25 sens but still waiting for VT/Jalil to showhand end June.
5. Those who has no position but waiting for a chance to enter at minimum price?

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2021-05-27 16:27 | Report Abuse

Entry price was 15 sens, already got back the principal. Only left the profit invested in Berjaya to see VT's hand by late June?

Posted by simon2020 > May 27, 2021 11:56 AM | Report Abuse

There are 5 categories of investors here...which are you?
1. Average acquisition price of 28 to 70 sens including VT.
2. Average acquisition price of 28 to 33 sens including Jalil.
3. Average acquisition price of 18 to 25 sens but exited at 40 to 50 sens, now waiting to reenter?
4. Average acquisition price of 18 sens to 25 sens but still waiting for VT/Jalil to showhand end June.
5. Those who has no position but waiting for a chance to enter at minimum price?

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2021-05-21 16:40 | Report Abuse

@py1818 Tks for your daily bulletin. Looks like some buyback?

Stock

2021-05-21 11:53 | Report Abuse

Correct, Jalil & VT need to learn to kill two birds with one stone from Siew Ka Wei restructuring model to save their hide now after using so much money to pump up BJ group share price to 50 sens earlier?