Yup! Last call before the fireworks begins?

Yup! Better to move up little by little to prevent profit making by day traders...and don't worry as collateral held on behalf of BJLand by Beijing Court is RMB20 Billion (RM12.16 Billion) worth of Beijing SkyOcean's assets Vs RMB 974 million (RM600 million) compensation to be paid to BJLand.

"In January 2018, the Chenggong Group filed an arbitration with the Hong Kong International Arbitration Center, but the trial has not yet been held, but the Beijing Third Intermediate People ’s Court has ruled that some assets of the Tianyang Group should be preserved.
The equity value of several companies such as the Sherd Group, which was preserved by the court, reached more than 20 billion yuan, exceeding the disputed amount. Tianyang Group is applying for reconsideration to release the over-preserved assets, and intends to release the 70% stake in the Shed Group through guarantees."

Quote:
"The willing wine industry plummeted because of a rotten building dispute in Yanjiao
Morgan Stanley Finance2019-11-19 23:53
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Tianyang Group dilemma
Writer | Qiao Ke
Produced by | Damoland (ID: damoland)
On the east bank of the quiet Chaobai River, Yanjiao, Sanhe City, with an area of ​​only 105 square kilometers, was once a paradise for "Renjing" speculators. The house prices here started from an average of less than 5,000 yuan / square meter in 2015, and reached a maximum of 40,000 yuan / square meter in early 2017, and then fell below 20,000 / square meter in a roller coaster trend.
Located in the southeast corner of the intersection of Yanjiao 102 National Road and Chaobai River, adjacent to the first stop of Tongyan Expressway, the orange rotten tail tower once became a special presence in the Yanjiao real estate market.
This successful grand plaza, called "unsuccessful" by local residents, was invested and developed by Malaysian gaming giant Success Group. It covers an area of ​​310,000 square meters, with a total construction area of ​​1.73 million square meters, including an indoor theme park, with a total investment of more than 50 100 million yuan, known as "the world's largest commercial project."
The Grand Plaza of Success started in 2005, but it was not completed as scheduled in 2008, but became the largest commercial rotten building in Yanjiao. At the end of 2015, Tianyang Holding Group (hereinafter referred to as Tianyang Group), which had just become the controlling shareholder of Shede Wine (600702.SH), took over the project with 2.08 billion yuan. In 2017, in order to cooperate with the local traffic reconstruction project, the successful Grand Plaza was demolished and abandoned, and the Tianyang Innovation Center project will be replaced in place.
What is interesting is that this abandoned building, which has been forgotten, is finally related to the willing wine industry. On November 18, 2019, the willing wine industry fell by 9.05% because of the news that "Yes The real shareholder of the wine industry, Tianyang Group, holds the Tuo Pai Shede Group's equity, which has been frozen by justice. "
Shed Wine issued a clarification announcement that evening, which was because the controlling shareholder Tianyang Group was arbitrated by a successful group in Hong Kong due to commercial contract disputes, which led to the preservation measures of assets such as 70% equity of the Shed Group held by Tianyang Group.
The announcement disclosed that at the end of 2015, Tianyang Group successfully took over the Grand Plaza with 2.08 billion yuan and paid the initial payment of 1.015 billion yuan on time, and the final payment was adjusted to 974 million yuan. Tianyang Group has not paid the final payment. In January 2018, the Chenggong Group filed an arbitration with the Hong Kong International Arbitration Center, but the trial has not yet been held, but the Beijing Third Intermediate People ’s Court has ruled that some assets of the Tianyang Group should be preserved.
The equity value of several companies such as the Sherd Group, which was preserved by the court, reached more than 20 billion yuan, exceeding the disputed amount. Tianyang Group is applying for reconsideration to release the over-preserved assets, and intends to release the 70% stake in the Shed Group through guarantees."

https://xw.qq.com/cmsid/20191119A0PX1T00?f=newdc

Yup! BJLand was 33.5 sens at the time Arbitration for GMOC was filed...now already won should be at least status quo...so don't wait until compensation from Jeju Korea comes or it will be too late to catch the train to Jeju.... :)

Yup!
Flashback...Berjaya Land unit submits arbitration notice to recover sum from China mall sale
Ahmad Naqib Idris

theedgemarkets.com

January 19, 2018 20:41 pm +08

Berjaya Land had proposed the disposal in December 2015, when the mall was still under construction to raise cash to repay borrowings, creditors, contractors and to defray taxes on sale of the mall and incidental expenses.

Berjaya Land's share price rose 0.5 sen or 1.51% to 33.5 sen for a market capitalisation of RM1.67 billion.

https://www.theedgemarkets.com/article/berjaya-land-unit-submits-arbitration-notice-recover-sum-china-mall-sale

"

Yup! The main problem is that Joker is still the Chief Financial Officer holding the purse strings buying left & right at BJCorp...Btw already 5.58% shares buyback, only 4.42% left to go? After that what's next?

https://www.bloomberg.com/profile/person/15876587

Yup! Just wondering why the focus on spending cash to buy 7-Eleven shares by BJGroup instead of paying dividend to shareholders? Is it something to do with successful privatization of Caring on 8 May, to pave the way for VT to use BJCorp to buy over his 7-Eleven shares at inflated price to bale himself out from setbacks in his personal investment overseas especially in UK to the detriment of minority again?
Btw Tan Thiam Chai the Chief Financial Officer at BJCorp just resigned as Executive Director at BJLand. Is it because his position already redundant due to comng corporate restructuring by VT?

https://www.bloomberg.com/profile/person/1587658

Date of change 08 May 2020
Name MR TAN THIAM CHAI
Designation Executive Director
Type of change Resignation
Reason In line with the current austerity measures undertaken by the Group.

Yup! The money was never paid to VT as the transaction was called off?

Now back to the present, will VT execute his earlier plan to sell his stake in 7-Eleven to BJCorp at inflated price to the detriment of minority now that his personal investments in UK & elsewhere are having problems during the Pandemic!

"In 2010, Tan had planned to inject his 70% stake in Ascot Sports into Berjaya Corp Bhd (BCorp) for RM525 million cash. But he called off the plan when then Prime Minister Datuk Seri Najib Razak decided to backtrack on the government's decision to issue the betting licence"

Yup! What BJCorp sports betting license? when it has been revoked. Maybe thats why International funds are selling down BJCorp since no future?

"But the licence renewal approval was revoked on Oct 5, 2010 and the security deposit of RM10 million, in the form of bank guarantee, was returned entirely to Ascot Sports, said MoF."

https://www.theedgemarkets.com/article/no-plan-reissue-sports-betting-licence-putrajaya-says

Yup! If VT gets the online gambling license due to the need for contactless gambling & social distancing needs to minimise Covid-19 infections, it will be parked under BJToto (which holds Berjaya's gambling license) which is 40% owned by BJLand as the main beneficiary?

Yup! Keep it up...Sedikit2...Lama2 Jadi Bukit....already 5.56% shares buyback...left only 4.44% to go? Almost there?...

Yup! Let the report speaks for itself..

https://ibb.co/25dNSdc
https://ibb.co/RjXCn4g

Yup! Company investing in shares of profit making companies is like you & me...better than keeping cash in the bank when interest is so low...when the need arises those shares can be sold for cash profit. Anyway the end game is not dividend but the Jackpot on the way.

Yup! Reason why VT is defending BJCorp thru share buyback?

"Tan will sell his majority 46% stake in 7-Eleven Malaysia Holdings to BCorp, which will then launch a takeover offer to buy out the convenience store chain operator. Based on yesterday’s closing of RM1.27, 7-Eleven Malaysia Holdings’ market capitalisation stood at RM1.56 billion. Tan’s stake is valued at RM756.8 million.

Meanwhile, BCorp may carve out the hotel assets from BLand, in which it controls a 70.32% stake, and float the assets in Singapore. BLand, which is trading at a sharp 77.8% discount to its net asset per share of 81 sen, will be taken private."

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

Yup!

Recap...
"Berjaya Group’s proposed restructuring, as announced by founder and substantial shareholder Tan Sri Vincent Tan, is expected to provide more clarity to investors and fund managers on the value of each business within the conglomerate.

Tan said the proposed corporate exercise would see the privatisation of convenience chain store operator 7-Eleven Malaysia Holdings Bhd and property and hotel business arm Berjaya Land Bhd (BLand).

https://themalaysianreserve.com/2018/12/21/berjayas-proposed-restructuring-to-give-clearer-business-valuation/

Yup! If that's the analogy, same goes to BJCorp minority. Company investing in shares of profit making companies is like you & me...better than keeping cash in the bank when interest is so low...when the need arises those shares can be sold for cash profit. Anyway the end game is not dividend but the Jackpot on the way.

Yup! The shares dumped in March could be proxy shares held on VT's behalf by Macquirie & Goldman Sachs known VT financiers....anyway. the worse is over as no more shares to dump. Now the same thing is happening again to BJCorp?

Yup! Don't forget the compensation in cash & kind coming to BJLand from JDC Jeju & GMOC, Beijing SkyOcean...BJCorp needs the money for sustainability...
BTW SEM & Caring are profitable exchange candidates for hotel biz in a share swap... more so during Pandemic as essential services.

Yup! Thxs for the heads up from mgt...after Caring MGO & delisting from 8 May...guess who is next?

Yup! Even international funds like BlackRock & Dimensional funds are dumping in open market lately. Only saving grace is the daily shares buyback by BJCorp...

Yup! But the heat is more on BJCorp due to current dumping ...price only up temporary due to BJCorp shares buyback everyday...savvy investors should sell BJCorp on strength and buy BJLand on any weakness...If there is a share swap. U still wins like Penta deal with BJCorp...

Yup! Keep it up...Sedikit2...Lama2 Jadi Bukit....already 5.37% shares buyback...left only 4.64% to go? Almost time...

Yup! Actually VT couldn't resist when he saw many buyers grabbing the cheap shares sold out by Macquarie & Goldman Sachs in March....

Now the same thing is happening to BJCorp, whose shares are sold down by BlackRock & Dimensional Fund with BJCoro shares buyback almost everyday...

Yup! Except not much shares left in market as free float only remain at 11.2 to 14% with strong hands...don't think VT collaborators have much share left to sell cheap when there are buyers as short selling already suspended at Bursa...that's why they try to discourage buyers when price are cheap!

https://www.nst.com.my/business/2020/04/588159/short-selling-suspension-extended-june-30

Yup! But are you speaking on behalf of VT? :)

Yup! MGO with share swap? since parity with BJCorp, as he needs the cash coming soon from Jeju Compensation by JDC & GMOC Arbitration by Beijing SkyOcean due wholly to BJLand anytime now as coming to 3 years already...

https://youtu.be/m-PQTIIVlwA

Yup! Keep it up...Sedikit2...Lama2 Jadi Bukit....already 5.08% shares buyback...left only 4.92% to go?

Yup! Don't worry so much for the Boss. Let Bursa deals with repeat & known offenders. It's interesting to note a new Bursa Chairman & a new Public Interest Director will be coming in May.

https://www.nst.com.my/business/2020/04/585282/wahid-heads-bursa-new-chairman

An MGO is a matter of time...only problem is BJCorp & related VT parties only managed to grab 86% and not 98.5% to do a Caring style takeover. Looks more like a Cosway style delisting & MGO through shares swap with BJCorp since share price parity already?

Yup! Looks like VT Biz reorganization plan as highlighted by VT earlier is falling in place?

"7-Eleven, via its unit Convenience Shopping (Sabah) Sdn Bhd (CSSSB), has satisfied the conditions of the Capital Markets and Services Act 2007 to issue the notice to dissenting shareholders.

As at March 27, CSSSB and the parties acting in concert — namely 7-Eleven, Tan Sri Vincent Tan, Jitumaju Sdn Bhd and U Telemedia Sdn Bhd — had obtained 215.04 million Caring shares representing a 98.77% stake as at March 25, 2020....paving the way for compulsory acquisition of minority shares and privatization...is BJLand next??

https://www.theedgemarkets.com/article/7eleven-issues-notice-compulsory-acquisition-dissenting-caring-shareholders

Yup! Also money saved is money earned as BJLand made a savings of USD10 million or RM43.6 million (which could useful as dividends for shareholders?) on its purchase of 75% of IcelandAir's prime hotels assets in Iceland, one of those countries least affected by the Pandemic. Whose economy is well placed to return to biz in the medium term.

Only just wondering why VT's in a hurry to complete the assets purchase on 4 April instead of originally planned on 31 May?

https://www.globenewswire.com/news-release/2020/04/03/2011319/0/en/Icelandair-Group-hf-Completion-of-the-sale-of-Icelandair-Hotels-to-Berjaya.html

https://www.reuters.com/article/iceland-rates-idUSL8N2B423J

https://www.theedgemarkets.com/article/berjaya-land-fulfils-all-conditions-icelandair-hotels-stake-buy-deal

Yup! It's about time to get rid of all the "surplus staff" aka macais & implement VT's long delayed restructuring plan for BJGroup after sales of FSKyoto, while still got cash?

BJGroup already sold FSKyoto for cash profit, now using cash to acquire cheap 7-Eleven shares from market & 7-Eleven in process of privatizing Caring Pharmacy...After that BJCorp will buyout 7-Eleven & take BJLand private?

Sounds familiar right?

"After the sale of the hotel in Kyoto, BCorp will have an expanded war chest to buy out 7-Eleven Malaysia Holdings, whose share price has slipped to a 15-month low of RM1.27.

Meanwhile, BCorp may carve out the hotel assets from BLand, in which it controls a 70.32% stake, and float the assets in Singapore. BLand, which is trading at a sharp 77.8% discount to its net asset per share of 81 sen, will be taken private."

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

Yup! It's about time to get rid of all the "surplus staff" aka macais & implement VT's long delayed restructuring plan for BJGroup after sales of FSKyoto, while still got cash?

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

I rest my case....

Use ur intuition to know who are VT's Macais in sheep's clothing, always claiming to be minority while trying to discourage others from investing through various means...but quietly helping VT to mop up cheap shares from market...

Yup! Anybody is free to do what they wishes as it's a free world...no need for any sort of verbal or nonverbal intidimation or discouragement like seeking anybody's permission or whatsoever...

But ultimately, what is the VT's end game with all these assets purchase & share buy backs? Any idiots can see he's planning something big! to restructure his biz empire?...delisting & privatization of BJLand soon? as planned after sale of FS Kyoto?

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

https://youtu.be/quosahdp8LM

Yup! Use ur intuition to know who are VT's Macais in sheep's clothing, always claiming to be minority while trying to discourage others from investing through various means...but quietly helping VT to mop up cheap shares from market...

BJLand even with aggressive shares buyback...is also investing big in2 7Eleven which is privatising Caring Pharmacy...Ultimately, what is the end game? VT to restructure his biz empire?...delisting & privatization of BJLand soon? as planned after sale of FS Kyoto?

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

Note: Both 7Eleven & Caring Pharmacy are listed as Essential Services are operating during MCO period and earning cash while others are not...

https://www.theedgemarkets.com/article/berjaya-land-seen-mopping-7eleven-malaysia-shares-lately

https://youtu.be/OAWLnNKmNZM

Yup! Thxs for the alert on a potential sneaky move by the majority...but since BJCorp & VT related companies already controls 85% of BJLand before commencements of share buyback on 8/4....can anybody confirm the majority needs to acquire 90% of the balance of 15% remaining minority shares I.e. 13.5% to be added to 85% = 98.5% control or a simple 90% control before can initiate compulsory acquisition?

Can @Stockraider or other stock market experts comment on this matter?

ignissimia It makes sense that BJLand continues shares buyback, for a song as the present market price is, to hold as Treasury Shares.

By the time the treasury shares reach a little over 5.1% of the outstanding number of shares issued, BJCorp's percentage of shareholdings of BJLand will reach 90% to trigger off a Compulsory Acquisition, without having to buy a single extra share over what they already own.

Current Treasury Shares in BJLand stand at just under 1.623%.

Looks Good! from first share buyback on 8/4 to latest shares buyback on 22/4. Cumulative treasury shares has increased to 79.8 million shares from 12.4 million on 8/4 representing 1.6% of total issued shares.

If BJCorp & VT related companies already holds 86%, excluding 1.6% treasury shares held by BJLand, free floating shares left only 12.4% in the market...if still undecided... it's Time to make your moves soon...

https://youtu.be/7xFlnKtmwAU

Yup! Will the carnage continues? if no changes in trajectory? or just as planned? mmm...mmm

https://themalaysianreserve.com/2020/04/22/berjaya-companies-miss-april-rally-effected-by-monetary-stimuli/

Yup! Remember the biggest shareholders are BJCorp & VT related companies with 87%, they will get the lion's share once the cash comes. Only thing... they don't want to share as much as possible with minority, while the Buyback in progress to mop up the cheap shares from market and getting Macais to discourage others from topping up...Also BJCorp share price almost parity for a share swap?

https://youtu.be/ajrSio-w23g

Yup!...only problem is Time Waits for Nobody...
JDC compensation should be settled with BJLand once MCO lifted by May & once the cash comes from JDC compensation & GMOC arbitration, share price may not be this cheap anymore as not much free floating shares left...

https://sisawasoseol.tistory.com/m/570
https://youtu.be/0NAlcdGzyUw

Remember BJCorp's deal with Penta for BJLand?

https://www.edgeprop.my/content/1467250/bcorp-acquire-461-berjaya-land-rm87m

Will history repeats itself? Have a good weekend to plan your moves to get a better exit offer than Cosway should it happens anytime now?

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=149637

Good job! Lydia. Already 4.49%...another 5.51% left to reach 10% buyback mandate...

Yup! Same goes for BJCorp...Apparently left hand has been selling to right hand for a long time. Only difference this time...instead of using hidden hands, VT is officially using BJCorp & BJLand for shares buyback, setting a benchmark price in the market for a purpose which is brewing...so book ur tickets as...It's Now or Never!

https://youtu.be/hli1fuk8zQQ

Yup! NTA is relative. What's matters is BJCorp needs the cash going to BJLand from Jeju Korea compensation & GMOC Beijing SkyOcean arbitration due anytime now... The only way to get the cash is through shareswap since almost parity with BJCorp.

Yup! ATM 2.3% are held by retail & 8.9% by institutions such as Macquirie Group (4.93%), Goldman Sachs (2.59%) & Credit Suisse (0.96%) Making a total of 11.2%.in public hands. The rest mostly held by VT related companies & individuals?

On the 21/3 just after MCO, there were 3% retail vs 2.3% now. Looks like most of the contra players & weak holders has been weeded out. The reduction of 0.7% retail went to public companies probably BJCorp & BJLand. Increase from 80% on 21/3 to 80.7% on 16/4 through sharesbuyback almost everyday.

Breakdown of BJLand shareholders 16/4
https://ibb.co/qdXHfbH

Breakdown of BJLand shateholders 21/3
https://ibb.co/tHZ65ZY

It's Now or Never!
https://youtu.be/tiODgYi0YRY

Yup!...It's Now or Never...

https://youtu.be/quosahdp8LM

Yup! Chirpy Chirpy Cheep Cheep!

https://youtu.be/gGyPrmbgan0

Yup! Sell high now & since got Buyback by Taiko...Buy cheap cheap later on. Don't think share price will hold at current level with almost no income for 30 days already with 14 or more days to go...Talk about the Game Changer even VT didn't anticipate...

Yup! American & European funds are selling...that's why...

https://ibb.co/3vJcPwK