Posted by leek > 2018-06-04 16:08 | Report Abuse

STRONG ACCUMULATING AT 0.305!!!! MOLLY COW IT IS GOING TO BE A WAVE OF SUNAMI BUYING UP SOON!!!!!

https://donovan-ang.blogspot.com/2018/06/funds-flow-analysis-of-berjaya.html

Posted by leek > 2018-06-04 16:14 | Report Abuse

LOL... THEN GO PROMOTE IN YTL & TM!!! I WON'T BUY FALLING DURIANS!!!

Posted by gangnam > 2018-06-04 16:16 | Report Abuse

Lol...Dr Mahathir’s return restored Japanese faith, says ambassador..with Japan's confidence in Malaysia's economy..very sure foreign investors & world credit agencies will take notice soon..maybe Vt will even accompany Tun M's business delegation to Japan considering BJ group got on-going projects in Kyoto & Okinawa?

"The Japanese ambassador to Malaysia, Makio Miyagawa, said Japanese industries had hesitated to make investments in Malaysia over the past three years due to risks in the country's political and economic circumstances. With the comeback of Dr Mahathir, I'm sure our industries will be very delighted to think positively of their engagement with Malaysia and its industries," he told Bernama today."

Japan is Malaysia's largest foreign direct investment (FDI) contributor. Last year, its FDI stock to Malaysia was approximately US$13 billion (RM51.7 billion).
https://www.themalaysianinsight.com/s/52368

Posted by abc333 > 2018-06-04 16:19 | Report Abuse

just cut loss, lose money but save your conscience。

Posted by calvintaneng > 2018-06-04 16:38 | Report Abuse

Cut loss?

Those who cutloss when Opcom was 35 sen?
What happened now?

Posted by tw01 > 2018-06-04 17:04 | Report Abuse

Green Hornet day !

Posted by Linus Kt > 2018-06-04 17:24 | Report Abuse

All SiFu, Should i cut loss???
I bought in when 0.377...haizzzzz

Posted by loonginv > 2018-06-04 17:32 | Report Abuse

be patient....

Posted by Linus Kt > 2018-06-04 17:34 | Report Abuse

Thanks, man

any other option for me to invest?

I am new player

Posted by DkNY > 2018-06-04 17:35 | Report Abuse

Accumulate

Posted by abc333 > 2018-06-04 17:43 | Report Abuse

If this week stay above0.315 . than confirm uptrend. should add bjc or bjland?

Posted by kahhoeng > 2018-06-04 17:54 | Report Abuse

Finally, its out!

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=87501&name=EA_GA_ATTACHMENTS

Proposed disposal of Berjaya Vietnam Financial Center for RM 154.86 million with an estimated RM 25.1 million losses.

Together with BVIUT disposal, BJLand is also in negotiation to dispose another Vietnamese subsidiary with an expectation to record significant gain and improve consolidated net asset of BJLand.

Posted by freetospeak > 2018-06-04 18:03 | Report Abuse

Yeah...good job kahheong...

Posted by freetospeak > 2018-06-04 18:04 | Report Abuse

2.5 billion get....soon...lol

Posted by freetospeak > 2018-06-04 18:05 | Report Abuse

Now left china 500 million...

Posted by freetospeak > 2018-06-04 18:05 | Report Abuse

No wonder today so many buyer....

Posted by abc333 > 2018-06-04 18:10 | Report Abuse

No monopoly. No more cronyism. No more racism,but respect to each others religion. If gov system run without corruption , illegal betting will lose its umbrella. If they really concern business friendly and integrity, they should approve the license very soon. 2nd casino and sport betting issue become a real indicator that reflect the maturity and integrity of Gov.

Posted by freetospeak > 2018-06-04 18:12 | Report Abuse

Vt is disposing vietnam assets to come bak malaysia....yeah

Posted by freetospeak > 2018-06-04 18:17 | Report Abuse

Wonder which vietnam subsidiary he is disposing

Posted by Linus Kt > 2018-06-04 18:22 | Report Abuse

Do you guys know this company?

https://www.thestar.com.my/news/nation/2018/05/31/massive-dubai-like-reclamation-project-planned-for-langkawi-by-bakun-dams-ting/

Posted by kahhoeng > 2018-06-04 18:34 | Report Abuse

Actually, based on the announcement, the Berjaya Vietnam International University, BVIUT, received VND 11.9 trillion cash injection, resulting in BJLand's shareholding diluted to 0.8% (with the 0.8% to be disposed in near future.) This is against what's previously suggested, i.e., a sale resulting in 600 million USD cash paid to BJLand.

Posted by kahhoeng > 2018-06-04 18:49 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5815957

1 31/05/2018 200,000 Acquired

Name of registered holder Hotel Resort Enteprise Sdn Bhd

Posted by kahhoeng > 2018-06-04 19:28 | Report Abuse

http://www.theedgemarkets.com/article/berjaya-land-exits-longdelayed-vietnam-financial-centre-project

KUALA LUMPUR (June 5): After nearly a decade of delays in project execution, Berjaya Land Bhd (BLand) decided to call it a day. The property group is divesting its investment in a Vietnamese financial centre project at a loss.

In a filing today, BLand said it is selling off the entire 32.5% of total capital contribution in Berjaya Vietnam Financial Center Ltd (BVFC Ltd) to local firms Vinhomes Joint Stock Co and Can Gio Tourist City Corp for 884.93 billion Vietnamese Dong (RM154.86 million) cash.

BLand said a capital transfer agreement was signed between its subsidiary Berjaya Leisure (Cayman) Ltd (BLeisure Cayman) with the purchasers. BLand’s capital contribution in BVFC Ltd originally amounted to 967.31 billion Vietnamese Dong. “The proposed disposal will result in an estimated loss of about RM25.1 million,” it said.

The multi-billion ringgit Berjaya Vietnam Financial Center (BVFC) project was licensed in 2008, but faced multiple hiccups which hindered the project from being executed. The development, said BLand, would have comprised an office building, five-star hotel, service residences and shopping mall on a 6.64-hectare land located at 3/2 Street, District 10, Ho Chi Minh City, Vietnam.

However, BLand clarified that BVFC Ltd has not commenced operations.

“The consideration for the proposed disposal was arrived at on a willing buyer willing seller basis taking into consideration, amongst others, the business valuation, earnings potential and future prospects of BVFC,” it added. The proposed disposal, said BLand, is subject to the approvals from the Department of Planning and Investment in Ho Chi Minh and any other relevant authority.

BLand said the proceeds will be used by the group for working capital, adding that the proposal is expected to conclude during the second half of this year. Vinhomes, a subsidiary of the Vigroup Joint Stock Co, is involved in real estate trading, consulting, brokerage, auction of real estate and auction of land use rights.

Similarly, Can Gio — a 99.05%-unit of Vinhomes — is also involved in real estate trading, real estate brokerage and real estate services. In relation to the disposal, Vinhomes will also potentially purchase Berjaya Vietnam International University Town One Member Ltd Liability Co (BVIUT) from BLeisure Cayman, having injected capital into the unit and effectively raising its stake in the firm to 99.2%

BLeisure Cayman, which is left with 0.8% stake in BVIUT, plans to dispose of the stake in the near future.

“Together with the proposed BVIUT Disposal, the BLand group is also in negotiations on the potential sale of another of its Vietnamese subsidiaries,” said BLand, but did not elaborate on the details.

“Barring any unforeseen circumstances, the proposed disposals of all these three Vietnamese subsidiaries upon completion are expected to record significant gain and improve the consolidated net assets of BLand,” it added.

Shares of BLand closed unchanged at 31 sen apiece, giving it a market capitalisation of RM1.55 billion.

Posted by Smart_invest > 2018-06-04 20:16 | Report Abuse

Bjcorp have how many % in Bjland?

Posted by calvintaneng > 2018-06-04 20:19 | Report Abuse

ALL SIGNS NOW POINT TO BASE BUILDING FOR BJ CORP

SO PREPARE FOR A COMING BULL RUN TIME IN

BOUNCING
JOYFUL
CORP

GOOD LUCK!!!

Posted by abc333 > 2018-06-04 20:22 | Report Abuse

72%

Posted by ozzie75 > 2018-06-04 20:22 | Report Abuse

Define base building, Calvin. Hope all's well, my friend

Posted by Smart_invest > 2018-06-04 20:27 | Report Abuse

I also on the boat dy xD Good Luck guys

Posted by calvintaneng > 2018-06-04 20:48 | Report Abuse

Oozie

Like this:

Bj Corp sold off Magni-tech, ATLAN AND B AUTO TO LOCK IN GAINS

DISPOSE THE GREAT WHITE ELEPHANT GREAT MALL OF CHINA. OVERSTATED LOSSES TO CAUSE SELL DOWN AND TSVT SCOOP UP CHEAP BJ CORP SHARES CAST OFF BY NAIVE FEARFUL WEAK HOLDERS.

SELLING OFF MANY ASSETS FOR CASH. ALSO DISPOSE LAND IN VIET FINANCIAL CENTER

TSVT TOOK UP ACTIVE LEADERSHIP AGAIN IN BJ CORP. LATEST TO FOLLOW IS ROBIN JOINING HIM IN BJ CORP

ROBIN?

THIS ONE SOUNDS FAMILIAR?

YES ROBINHOOD!!!

TSVT AND ROBINHOOD WILL FIRST CAUSE CONFUSION TO ALL...THEN MANY STUPIDLY SELL BJ CORP ON THE CHEAP.

AND THEY SCOOP UP ALL CHEAP CHEAP BJ CORP SHARES

FINALLY?

ZOOOOOM BJ CORP JUMPS OVER RM1.00!!! WAHAHA!!

AND THEN?

THEN EVERY TOM DICK AND HARRY WILL GO GAGA AND CHASE AND CHASE BJ CORP OVER RM2.00. AND RM3.00?

END OF STORY FOR NOW.

Posted by shortinvestor77 > 2018-06-04 20:51 | Report Abuse

Drama. The whole world already knew about the disposals. We have been waiting for huge cash to come back upon complaints we made to Bursa and minority watchgroup.

Posted by shortinvestor77 > 2018-06-04 20:52 | Report Abuse

Buy BJLand is worth more than BJCorp.

Posted by Solomon7 > 2018-06-04 20:55 | Report Abuse

A dream today could be reality of tomorrow... Your theory seemed is like the repeat of twenty years back....it is the same old story which I like

Posted by kahhoeng > 2018-06-04 21:15 | Report Abuse

alas, I have more BJCorp shares than BJLand shares... Anyway, hopefully the market will respond favourably towards this news tomorrow.

Posted by i3_julius > 2018-06-04 22:33 | Report Abuse

seem like many sheep on board calvin holland ship again......hahahahha

Posted by leek > 2018-06-04 22:53 | Report Abuse

kahhoeng Actually, based on the announcement, the Berjaya Vietnam International University, BVIUT, received VND 11.9 trillion cash injection, resulting in BJLand's shareholding diluted to 0.8% (with the 0.8% to be disposed in near future.) This is against what's previously suggested, i.e., a sale resulting in 600 million USD cash paid to BJLand

KAHHOENG CAN HELP CONTACT THEM AGAIN WHY THE FIGURES ANNOUNCED DID MATCH UP WITH THE NUMBER ANNOUNCED FROM VIETNAM STOCK EXCHANGE NEWS???? USD600MIL IS TOO FAR AWAY FROM RM155MIL!!!! TELL THEM DON'T BULLY SMALL INVESTORS YA!!!! WE KNOW WHERE TO FIND CREDIBLE NEWS!!!! DON'T BE LIKE MO1 WHO KEEPS ALL THE MONEY YA!!!!

Posted by kahhoeng > 2018-06-04 23:31 | Report Abuse

leek, based on the announcement, there are 3 BJLand's Vietnam subsidiaries that are involved:

(1) Berjaya Vietnam Financial Center, BVFC, sold 32.5% (the other 67.5%, if not wrong, is dilution from cash injection by Vinhomes) for RM 154.86 million with an estimated loss of RM 25.1 million.

(2) BVIUT, a cash injection of close to USD 600 million by Vinhomes, resulting a shareholding dilution to 0.8%. The 0.8% is yet to be disposed and that's probably why BJLand doesn't announce the profit/loss of the said investment.

(3) Another BJLand's subsidiary in Vietnam yet to be disposed but no name is disclosed. Together with BVFC and BVIUT disposal, BJLand is expecting a significant gain from these 3 projects disposal.

Hopefully, I have gotten the right picture from the announcement.

Posted by gangnam > 2018-06-04 23:31 | Report Abuse

Lol...Berjaya: from zero to hero

http://www.vir.com.vn/berjaya-from-zero-to-hero-47424.html

Posted by firehawk > 2018-06-04 23:38 | Report Abuse

Lol...Berjaya: from zero to hero

Does vt really gain significant profit from Vietnam? includes it so called golden mine Vietlott?

Posted by Market Player > 2018-06-04 23:58 | Report Abuse

2moro sure will be up up up!

Posted by gangnam > 2018-06-05 00:36 | Report Abuse

Lol..there are 2 parts in the sales & purchase confirmed by BJland today..
1. Berjaya Vietnam Financial Center (BVFC) project VND2 trillion (USD89 million) acquiring 67.5% fro BJland - already announced..
2. Berjaya Vietnam International University Township One Member LLC VND11.75 trillion (USD515.6 million) - no yet announced?

"Vingroup acquires two mammoth projects from Berjaya

Leading multi-functional conglomerate Vingroup has recently acquired two projects from Malaysian Berjaya Corporation which have been delayed for a long time.

Vinhomes, Vietnam's leading real estate management company and the property management arm of Vingroup, has completed the purchase of 97.7 per cent stake in Berjaya Vietnam International University Township One Member LLC from Malaysia’s Berjaya Corporation.

This VND11.75 trillion ($515.6 million) deal aims to acquire the long-delayed Vietnam International University Township (VIUT) project.

BerjayaVietnam International University Township One Member LLC is the investor of the long-delayed VIUT project.

The project, which received its investment certificate in July 2008, is located at Tan Thoi Nhi commune in Hoc Mon district. It has an area of 925 hectares and investment capital of $3.5 billion.

According to its design, Berjaya would have set aside 100 hectares for a university. The township was to have 20 schools offering education from kindergarten to high school. The remaining 15-ha area was going to be a multi-purpose complex with a commercial area, residential area, administrative and cultural area, and a healthcare centre that would have operated in conjunction with the university, as well as a gym and a park.

At the point of receiving the investment certificate in 2008, VIUT was the largest foreign direct investment project in Ho Chi Minh City. The city authorities pegged a lot of hope on the project, giving credit to Berjaya’s renown as a big real estate developer.

After ten years, however, the project is still a field of grass and the Ho Chi Minh City People’s Committee requested the city's Department of Planning and Investment to either resolve the difficulties that the Malaysian company is having in implementing the project or revoke the investment certificate.

The investor told VIR about a month ago that it plans to kick-off the construction of the project early this year, however, to date, the construction has been immobile—and has now been taken over by Vingroup.

After the VUIT acquisition, Vinhomes also finished its capital contribution of more than VND2 trillion ($89 million) to Vietnam Berjaya Financial Centre this March, acquiring 67.5 per cent from the investing company of this project.

Located in District 10 of Ho Chi Minh City, the $930-million Vietnam Financial Centre was proposed to have five 48-storey buildings with a total of 600,000sq.m of floor space. It has also been delayed for many years. The site is now used as a parking lot for nearby restaurants.

Berjaya has a series of real estate projects that came along slowly after receiving their investment certificates. In 2013, the authorities of the southern province of Dong Nai revoked Berjaya’s investment certificate for Nhon Trach New Urban Area project because the company failed to start implementation.

In addition, sales were lacklustre at the Bien Hoa City Square apartment complex in Dong Nai, and the Hanoi Garden City urban area in Hanoi.
http://english.vietnamnet.vn/fms/business/199098/business-in-brief-19-4.html

Posted by leek > 2018-06-05 06:33 | Report Abuse

Kahhoeng... THANK YOU BUT I DON'T LIKE THEIR MEDIA WRITTING TO MAKE IT SOUNDS NEGATIVE... MUST BE HIDING SOMETHING BIG THAT IS COMING ON IT'S WAY.... LIMIT UP 1.50!!!

Posted by freetospeak > 2018-06-05 07:54 | Report Abuse

the way they r phrasing jus wanna delay releasing the good news...but at least they r implying significant profit is coming...

Posted by freetospeak > 2018-06-05 08:07 | Report Abuse

but seems like Vt is trying to get out of vietnam to move bak to malaysia ..since no more najib around to prey on him

Posted by kahhoeng > 2018-06-05 08:40 | Report Abuse

gangnam Lol...Berjaya: from zero to hero

http://www.vir.com.vn/berjaya-from-zero-to-hero-47424.html

well, based on the above link, BJLand seems to enter into way too much property projects than it can handle in Vietnam...

Posted by gangnam > 2018-06-05 09:45 | Report Abuse

Lol...from the announcements yesterday plus the articles above..what it means is Berjaya Land Bhd (BLand) has decided to call it a day and the property group is divesting its investment in 3 major properties with substantial gains in Vietnam and bring back the Billions in cash as working capital to save in interest payments (RM400 million?) on loans for its projects in Malaysia..they are probably waiting for for the PH government to announce some kind of tax amnesty before making the big announcement to bring back the money..if u still have extra cash just sailang before the news is out..

Posted by bahai4453 > 2018-06-05 10:11 | Report Abuse

This counter is hard to make a upward surge. you know why ? the sole reason : who want to invest on something that just benefit to the host and not his investor ?

Posted by sniper8 > 2018-06-05 10:22 | Report Abuse

Sigh ... with the news out, price still not moving much.

Posted by Market Player > 2018-06-05 10:36 | Report Abuse

Dun worry... it will continue up

Posted by abc333 > 2018-06-05 10:37 | Report Abuse

please forget the 515m。 that is a capital injection, not payment to BJ. BJland will get about 16-26 millions from VUIT. But the amount is not included the land.

Posted by shortinvestor77 > 2018-06-05 11:35 | Report Abuse

Read carefully it will be significant gain and improve its NAV.