KLSE (MYR): BJCORP (3395)
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cyphua
976 posts
Posted by cyphua > 2016-09-25 19:29 | Report Abuse
Announce selling a land to BJLand at Bukit Tagar zoned(871.01 acres x RM177,954/acres = RM154,999,713.54 ),check back BJCorp annual report (Annual Report 2016 pg.237) , only have Sungai Tinggi and Batang Berjuntai 15+8 lots ( 3,200.76 Acres at RM 249,176,000 , RM77,849/acre )record, This few area is vary near to Universiti Selangor. No sure is the same or not?
Using RM177,854/acres to calculate, the book value 3,200.76 acres can be revalue to RM569,267,969.04, meam value increase RM320M/= from book value RM249,176,000.
Can we consider like this? BJCorp try to sell asset release the value.
Not sure Universiti Selangor is ok or not. So much university coming out.