skyu, today you will know whether vt can press down or the other way up.

AirAsia is a world brand. Those not datisfu can sell. Imagine which counter is so generous to give good special dividends

sell your shares

Well, go to dream vt to stop buying, and no privatisatuon. Share your shares thus. Dpnt waste your time and energy here

Saya sokong. unorthodox jual semua saham BJLand dan keluar forum ini. Jangan mimpi di sini.

Good123 orang yang tak percaya boleh jual kepada mereka yang percaya. new Muslim ceo tak mau murtad haha
10/08/2019 6:41 AM

Guys, below statement are from Bursa, some comments in reply to me:

In relation to BJLAND, the Exchange has granted Acceptance of Lower Spread of 20% and subsequently upon further application, of 15% in accordance with the MMLR after having considered all the facts and circumstances of the Company as presented to the Exchange.



We take note that BJLAND has announced that the Company Public Spread has fallen below the allowed threshold of 15%. The Exchange also takes note that the Company intends to submit an application for an extension of time to comply with the Public Spread. Please be assured that we are looking into the matter and will take the relevant action, including where applicable the relevant enforcement actions where the Company is found to be in breach of the MMLR.

Resolve BJLand into a few portion for sell lah: Toto, Properties, Hotels and automotives. How much does it worth?

Leong, you story is very funny.

unorthodox, quickly sell your shares as no privatization. Dont wait here.

That's why we need to speed up the process by complaining with justifiable statements to Bursa and his chairman and all parties. One of these statement is retail investors benefits are jeopardized by TSVT.

What did your friend say?

Posted by skyu > Aug 8, 2019 9:45 PM | Report Abuse

the above 25% to 10% rules is wht I learned from a investor banker , a friend of mine which i asked him yesterday.

Bursa will make the decision to either extend lower public shareholding spread of 10% for BJLand or TSVT will be instructed by Bursa to acquire the rest of the remaining shares not owned by him (delisting) most hopefully. Let's wait and see.

Unorthodox has no shares here. Don't need to be with us here.

Mee too. A little bit more than a year. Not yet 2 years I hold.

You hold it for how long already?

May be not positive enough.

Be positive, kahhoeng. Tahun ini lah.

Ya. He is running out of time to accumulate to a max.

Ha ha

Or 0.5 cents

So fast. no more 15, 15.5 and 16 cents. i am still waiting at 5 cents.

I have my pay cut, you take my debt lah. Every move is a business move.

Don't worry lah. Time will come soon. Wait and see how Bursa response after many (how many, only a handful; many just talk cannot do as a team) complains lodged.

No share don't need to be here lah. The way you say shows you are not a shareholder. Ha Ha!

So no wrong to assume the offer price to be 0.38. If durian runtuh, offer price could be higher.

If no body complain, then everything the request will have no objection from Bursa.

That's why we need to complain that TSVT has been against rules and regulations about public shareholding spread, then Bursa has to be serious in approving their request.

Only Bursa rules and regolations lah. Not law.

We will wait and see.

TQVM to SSLee for taking action

Positive thinkers stay. Negetive thinkers just sell your shares and leave

We will for his offer.

1.694% (direct) + 83.298% (indirect) + 0.02% (bought today) = 85.008% confirmed exceeded 85% limit means only left with 14.992% public shareholding spread.

Wait at 0.005. Ha ha! Stingy sellers dont seen to sell at 0.155 with huge volume.

Be positive lah. If negative, just sell and leave

Many investors in the world are full of cash lah. You don't buy, they will buy lah! Afterall, what's the use of keeping cash?

Reply from Bursa: Anybody can follow up:

Dear Sir/Madam,



Reference is made to your email on the above matter.



We have escalated the complaint to our line department concerned for their further action and we will revert to you with the findings upon receipt of the same from the division.



In the meantime, should you have any queries, please do not hesitate to contact us at +603-2732 0067.



Thank you.





Bursa 2U

Bursa Malaysia Berhad

Our Ref: CB/19/19

I have been waiting at 0.005 lah.

https://www.thestar.com.my/business/business-news/2019/08/06/oil-price-falls-3-as-trade-war-concerns-hit-demand-outlook#cxrecs_s

We only need to help VY speed up the process of privarization. Ha ha! Try our best

he can easily do a 10% private placement to friendly party to fulfill that? What price can he offer? Higher than 0.16 ? Then he does not need to buy at 0.16 loh!

Has VT ever sold back to market BJland?

Well done.

markmark I have written to Bursa Malaysia complain about Public share spread. Hoping all minority shareholders will write in also.
05/08/2019 10:34 AM

So cap at 10% minimum also possible. Better work together to lodge complaints to all related parties. Retail investors, let's united to block the approval of lower shareholding spread of 10%.

http://customer.bursamalaysia.com:8080/MainLR/Pages/MainPracticeNote19.aspx

5.0 Suspension where the public shareholding or unit holding spread is 10% or less and related disclosure requirements
​ ​
​5.1 Pursuant to paragraph 16.02(2) of the Listing Requirements, where the public shareholding or unit holding spread of a listed issuer is 10% or less of the total number of listed shares (excluding treasury shares) or listed units ("Threshold"), a suspension will be imposed by the Exchange.
​ ​
​5.2 The suspension in trading imposed by the Exchange under paragraph 5.1 above will only be uplifted upon full compliance with the Required Public Spread or as may be determined by the Exchange.

http://customer.bursamalaysia.com:8080/MainLR/Pages/FAQ%208.2.aspx
Read the example: 9%
(b)

On 30 August 2009, D Bhd's public shareholding spread is 9% of its total listed shares (excluding treasury shares). What is D Bhd's additional obligation in regard to its public shareholding spread of 9%?

​ ​
In addition to the disclosure obligations under Question (a) above, D Bhd must immediately announce to Bursa Securities the information set out in paragraph 5.4 of Practice Note 19.

​ ​ ​
​
​(c)

When will the trading of securities of D Bhd be suspended after its announcement in Question (b) above?

​ ​
Pursuant to paragraph 16.06(2)(a) of the Main LR, Bursa Securities shall suspend trading of securities of D Bhd upon expiry of 30 market days from the date of D Bhd's announcement. However, if the public shareholding spread of D Bhd increases to above 10% before the expected date of suspension, D Bhd should immediately inform Bursa Securities of its improvement in its public spread and seek its confirmation on whether the suspension will still be imposed.

​ ​
In addition, where appropriate, Bursa Securities may also take such enforcement action as it deems fit against D Bhd pursuant to paragraph 16.19 of the Main LR.

My aim is to speed up Bursa rejecting BoD of BJLand to apply for acceptance of a lower public shareholding spread of 10% and thus make the substantial shareholders to offer us immediately. Could be just after 6 Sept. 2019, Bursa would not extend and would not approve anymore the acceptance of lower public shareholding spread. You all can copy and paste all thta I have given and make the similar complaints to all parties including Bursa Malaysia too. TQ. Good luck.

Dear Sirs/Madams,
Further to my complaint above, I need to insert the details of how BoD of BJLand and its substantial shareholders BJCorp and Tan Sri Dato’ Seri Vincent Tan Chee Yioun have never explored all possible options to meet the Public Spread within the extended period and worse still have never formulated any formal rectification plan to address the shortfall in the Public Spread since 18 August 2010 (Bursa Malaysia started approved BJLand application for acceptance of a lower public shareholding spread of 20%) through 20 December 2018 (Bursa Malaysia Securities Berhad had approved a minimum public spread of 15% AGAIN) AND NOW ON 2 AUGUST 2019 the public shareholding spread of BLand is 14.86% PROVE THAT IT HAS NO INTENTION TO COMPLY with the required shareholding spread.
During these 9 years time, BURSA MALAYSIA does not follow up closely and does not care about this matter. We as shareholders (minority) feel very disappointed as it has jeopardize our benefits, what more it shares price has been decreasing till 16 cents on 2 August, 2019 with its market capital of RM 800 million only which is far less than RM 1 billion.

I have sent an e-mail to Bursa Malaysia (aduan@bursamalaysia.com, Chairman
Datuk Shireen Ann Zaharah binti Muhiudeen
(603) 2034 7338
Chairman@bursamalaysia.com AND SID
Datuk Karownakaran @ Karunakaran a/l Ramasamy
(603) 2297 2101
karu.kr@gmail.com) The rest, please cooperate and send it to other parties accordingly)

Dear Sirs/Madams,
Greetings.
We as shareholders of BJLand have been complaining against Bursa Malaysia that allowed public shareholdings spread from a minimum of 25% down to a minimum of 20% and then down to a minimum of 15%. We hope God will judge between us and Bursa for not protecting the benefits of retail investors and not upholding the right standard rules and regulations of Bursa Malaysia.
Today, we see that from the link: http://www.bursamalaysia.com/market/listed-companies/company-announcem...
the public shareholding spread of BLand is 14.86% following the acquisition of shares in BLand by Tan Sri Dato’ Seri Vincent Tan Chee Yioun, a substantial shareholder of BLand on 2 August 2019.
We really hope no bribery and corruption happen in Bursa Malaysia. Bursa should not once again allow lesser public spread shareholding to cap at lower than 15% after this. We hope Bursa shall immediately order the substantial shareholders, Tan Sri Dato’ Seri Vincent Tan Chee Yioun and his companies to buy back all shares from us with a good price as it has triggered MGO already.
Thank you. We look forward to hearing from you soon

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6244125

The Board of Directors of Berjaya Land Berhad (“BLand”) wishes to announce that the public shareholding spread of BLand is 14.86% following the acquisition of shares in BLand by Tan Sri Dato’ Seri Vincent Tan Chee Yioun, a substantial shareholder of BLand on 2 August 2019. Bursa Malaysia Securities Berhad had on 20 December 2018 approved a minimum public spread of 15%. BLand will consider appropriate steps to rectify the shortfall in public spread.

This Announcement is dated 2 August 2019.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6087465
With reference to Berjaya Land Berhad’s (“BLand”) announcement made on 20 December 2018, the Board of Directors of BLand now wishes to announce that following the completion of the acquisition of 230 million ordinary shares representing 4.61% equity interest in BLand by Juara Sejati Sdn Bhd, a subsidiary of Berjaya Corporation Berhad on 5 March 2019, the public shareholding spread (“Public Spread”) of BLand was reduced accordingly from 19.67% as earlier announced to 15.06%.

In addition, the Board of Directors of BLand wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved BLand’s application for acceptance of a lower Public Spread of 15% in compliance with Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Securities (“Approved Public Spread”).

Pursuant to the Approved Public Spread, BLand is required to notify Bursa Securities immediately, if in conjunction with the preparation of its semi-annual returns and/or when it becomes aware of the following:-
1. any decrease in issued share capital of BLand; and
2. any decrease in the percentage of Public Spread below 15%.
Based on the above, BLand has complied with the Approved Public Spread.

This Announcement is dated 5 March 2019.