Bursa has replied to their concerned:
In respect of your statement pertaining to the deterioration of BJLAND’s share price over the years, we are concern with the appropriateness of your allegation and basis that this was due to the public shareholding spread.

Right hand to left hand, left hand to right hand transactions are for VT to buy cheap cheap.

We have our way. Not going to be bullied by you, machai of VT.

Machai of VT appears again. No point to talk us. You talk to your Master lah, Soi Toi.

So My team's target now is a durian runtuh offer price. I SEEK YOU ALL COOPERATION.

Done, everyone? If you want a durian runtuh, based on RNAV.

TAN GIM GUAN
Senior Manager, Issuers
Listing, Regulation

and CC to Tan Gim Guan (Main person in charge of complaints) with email address:
tangimguan@bursamalaysia.com

Email to

:Date: Fri, Aug 16, 2019
Subject: Requesting Bursa Malaysia to take immediate actions against BJLand
To: <Chairman@bursamalaysia.com>
Cc: <karu.kr@gmail.com>

Kenn Ong, you all can copy and paste this piece.

Just a piece of example (They are a few in deed) Kenn Ong:

Dear Sirs,

Greetings. I am a small shareholder of BJland.

I would like you to perform you duty to protect the benefits of small shareholders and thus immediately take stern actions against BJLand application of lower public shareholding spread to a lower of 15% and also ordering TSVT and its controlled Companies (BJCorps and others) to offer minority (small) shareholders at the price of at least its NTA RM0.85.

Tracking the history of Bursa Malaysia has been approving and granting lower public shareholding spread for BJLand for 25% (standard procedure during IPO) down to 20% and then down to 15% without concerning the benefits of small shareholders, and the BoD of BJLand keep promising to explore all possible options to meet the Public Spread within the extended period and formulate formal rectification plan to address the shortfall in the Public Spread but never never done, I am therefore very sad to see these things to reoccur in the near future. The stock price has incurred a downward trend from more than 80 cents to about 20.5 cents as per yesterday price. Many of small shareholders incurred a loss due to these approval actions by Bursa Malaysia during these 9 years.

Now it is the right juncture for Bursa Malaysia to take a wise decision to really protect the benefits of small shareholders. Now the substantial shareholders have been accumulating shares with very cheap price and expecting they are going to continue so as this is a lucrative business for them. Please stop their immoral actions of sacrificing the benefits of small investors/shareholders by commanding them to buy back shares not owned by them immediately at least at the NTA RM 0.85. Don't let them benefits more with lower than this price.

Thank you. Hope to hear a very good new from you soon.

Small Shareholder,

Pls refer to my old comment before: The contents are in. TQ.
Kenn Ong Shortinvestor pls phase a copies of ur Bursa complaint letter so we can follow...
05/10/2019 9:15 AM

Stock: [BJLAND]: BERJAYA LAND BHD

Sep 17, 2019 4:42 PM | Report Abuse

That's why we small shareholders dont allow VT to continue buying till 90% holding lest VT decides the price he wanted to offer. Now we have better chance of getting better price offer soon. Wait and see. Btw, no shares pls leave us alone. We have a target to complete. We wanted to do it our way.

VT machais are confirmed to be here. Always threathening and fighting with us, small shareholders that lodge tonnes of complaints to Bursa and SC. They are bought by VT to harass and bully us.

Those have never lodged complaints to Bursa are not (small) shareholders of BJLand. They are VT machais.

Right now, congratulations o all complainants here that we made a success:
1. Bursa since August has not allowed easily for approval of lesser public shareholding spread as you all can see for the cases of KBunai and Degem. Before that, Bursa just approved it. I had emailed Bursa by criticising Bursa help substantial shareholders to cheat the small shareholders.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6301557

So kahhoeng, what is BJLand RNAV?

For us to read the independent adviser (appointed by Bursa) circular (IAC) for the case of SEB. We will follow up IAC for Kbunai case and Degem case soon.

Based on RNAV also to decide offer price by independent consultant. Terms fair and reasonable also are very interesting for us to consider to accept the offer or not.

Good step to read first the IAC.

Stupid comment. MGO at 50 cents damn good.

Too much oil discovery: World will be Over supply soon
https://www.enanyang.my/news/20191004/%E5%82%A8%E9%87%8F%E8%BE%BE%E5%8D%83%E4%BA%BF%E6%96%B9%E7%BA%A7-br%E5%A1%94%E9%87%8C%E6%9C%A8%E5%8F%91%E7%8E%B0%E8%B6%85%E7%BA%A7%E5%A4%A7%E6%B0%94%E7%94%B0/

Less world demand oil price will drop to 40 lah.

Buy GDB better, with order book more than RM1 billion and going to main board. Dividends 2 cents annually. Strongly recommended.

https://www.esports.com/video

After accumulating enough, will booast to 0.60.

Up coming. Stop laisei.

Credit Sussie TP will boost foreigners to invest at this price next week.

Ho Sei. Can make money of RM479781285.

That will only happen when the offer is very attractive till small shareholders are willing to sell for him to accumulate till 90%. NOT 30 CENTS LAH.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6302549

Boasting factors all come.

Are you independent consultant? You are not qualify at all. Let independent consultant to decide. Machai of VT always acting.

Next week more boasters.

https://www.gamesofthroneslife.com/?sub1=SRC1T3GOT77&sub3=EAIaIQobChMIrq_o9Z-C5QIV1wRyCh1HwQZwEAAYAiAAEgKBmPD_BwE&gclid=EAIaIQobChMIrq_o9Z-C5QIV1wRyCh1HwQZwEAAYAiAAEgKBmPD_BwE

We will make it our way.

Before those VT machai said no offer at all. Now can offer but unlikely cash. All kind of bullshit! SLAVE OF VT.

In an email Bursa replied to me has mentioned about in case of general offer, an independent consultant will be appointed to evaluate and propose the fair offer price.

Let's wait and see lah.

30 cents GO no problem. 38 cents biasa lah. 50% harga pasaran. 80 cents reasonable. RM1 got premium. American dream.

Jangan kita dapat RM1 GO sebagai durian runtuh!

Revalued Net Asset Value

So what is BJLand RNAV, kahhoeng?

该独立顾问表示，考虑到芙蓉机械工程修订后的资产净值（RNAV）约为3520万令吉，或每股44仙，意味着献购价溢价13.64%，因此献议是公平的。
https://www.klsescreener.com/v2/news/view/586166/%E8%8A%99%E8%93%89%E6%9C%BA%E6%A2%B0%E5%B7%A5%E7%A8%8Bmgo%E5%85%AC%E5%B9%B3%E4%B8%94%E5%90%88%E7%90%86
Based on RNAV also to decide offer price by independent consultant.

0.80 X 750 000 000 shares (15%) = RM 600 mil only for TSVT. While BJLand has more than RM 700 mil cash.

But better RM0.80 NTA.

Good.

Yes. Of course.

TQ paktua. Wait for take off.

Morning paktua. Today will up.