KUALA LUMPUR: Malaysia’s largest renewable energy power plant at Bukit Tagar Enviro Park (BTEP), Hulu Selangor, Selangor with a capacity of 12 megawatts (MW) has commenced operations.
The Waste to Energy (WtE) plant is one of the methods for treating solid waste while generating new renewable energy.
BTEP can convert methane gas from solid waste at the landfill into renewable energy, channelling approximately 339 million kilowatt-hours (kWh) of electricity to the national grid.
Minister of Local Government Development Nga Kor Ming said BTEP is the largest power generation plant from landfill gas in Malaysia.
"This energy production can reduce 2.7 million tonnes of carbon under the Clean Development Mechanism, equivalent to planting 43.6 million trees over ten years, reducing the consumption of 296 million litres of petrol and reducing 570,000 driven vehicles in a year,” he said in a statement in conjunction with his visit to BTEP to officiate the power plant today.
BTEP is an initiative by the Ministry of Local Government Development (KPKT) through the National Solid Waste Management Department (JPSPN) and Berjaya Enviro Parks Sdn Bhd (BEPSB) to ensure a more sustainable solid waste management system in Malaysia.
Nga said the initiative is in line with the country’s goal of achieving 40 per cent renewable energy contribution to national power generation by 2035, of which solid waste is one of the contributors to the goal through WtE technology.
BERJAYA CORPORATION BERHAD [Registration No. 200101019033 (554790-X)] (Incorporated in Malaysia)
NOTIFICATION TO SHAREHOLDERS TWENTY-SECOND ANNUAL GENERAL MEETING (“22ND AGM”) Dear Valued Shareholders of Berjaya Corporation Berhad (“Company”)
We are pleased to invite you to participate in the 22nd AGM of the Company, which will be conducted on a virtual basis through live streaming via Remote Participation and Voting (“RPV”) facilities, to be held as follows:
Date and Time : Thursday, 14 December 2023 at 10.00 a.m. Broadcast Venue : Manhattan V, Level 14, Berjaya Times Square Hotel Kuala Lumpur, No.1 Jalan Imbi, 55100 Kuala Lumpur Online Meeting Platform : Securities Services e-Portal at https:/
On behalf of the Board of Directors of BCorporation, Mercury Securities Sdn Bhd is pleased to announce that PrimePartners Corporate Finance Pte. Ltd., being the Sponsor and Issue Manager for the Proposed Listing had on 23 November 2023, lodged the preliminary Offer Document of SIAMH in connection with the Proposed Listing with the SGX-ST, acting as agent on behalf of the Monetary Authority of Singapore.
VT started to focus on bjcorp probably. share buyback non-stop.. sold a subsi to son-in-law. focus on related core biz,,,, unrelated biz sold to others
FY: 30-Jun-2024 Amount 6.0000 : 100.0000 Ex Date 10-Jan-2024 Entitlement Date 11-Jan-2024 Description Distribution of share dividend on the basis of six (6) treasury shares for every one hundred (100) existing ordinary shares
About BERJAYA CORPORATION BHD Berjaya Corp Bhd is a Malaysia-based conglomerate that is engaged in financial services, consumer products marketing, property investment, hotel operation, gaming, restaurant operation, and others. The consumer products marketing segment and the gaming segment are the two largest segments by revenue contribution, jointly accounting for the majority of the company?s sales. The company?s marketing businesses are carried out through marketing company Cosway and organic product provider Country Farms. The gaming and related services businesses are primarily carried out through Toto-betting-business operator Sports Toto Malaysia and Berjaya Philippines. The company generates the majority of its revenue from the Malaysian domestic market.
How to be entitled To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.
On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
KUALA LUMPUR (Dec 29): Berjaya Corp Bhd (BCorp) said the group is seeking an extension of the deadline to complete the transfer of its shares in its waste management unit, Berjaya Enviro Holdings Sdn Bhd (BEnviro), to Naza Corp Holdings Bhd.
In a bourse filing on Friday, BCorp said BEnviro had sought from the Public Private Partnership Unit in the Prime Minister’s Department and Sustainable Energy Development Authority Malaysia (SEDA) an extension of time from Dec 31 to a later date, or after obtaining approval from the Energy Commission of Malaysia.
BCorp had announced the sale of its 100% stake in BEnviro to Naza Corp for RM700 million cash in July.
The price tag is based on a valuation of forward 18.4 times price-earnings ratio (PE) on the back of an estimated three-year profit guarantee of RM38 million per annum and price-to-book value of 3.6 times.
However, BCorp is selling BEnviro at a PE of more than 45 times based on BEnviro’s pre-tax profit of RM15.4 million on the back of RM47.7 million in revenue in 2022.
BCorp had acquired the 40% stake it did not own in BEnviro from KUB Malaysia Bhd for RM80 million cash in 2020. Based on back-of-the-envelope calculations then, the deal valued BEnviro at almost RM200 million, indicating that BCorp had raked in more than RM500 million from the disposal of the asset.
BCorp said it would need to obtain its shareholders' approval for the disposal of BEnviro.
The disposal is deemed a related party transaction, as Tan’s daughter Chryseis is married to businessman SM Faliq Nasimuddin, who is the deputy group executive chairman of Naza Corp.
BCorp's share price closed up 0.5 sen or 1.75% to 29 sen, giving the group a market capitalisation of RM1.73 billion.
net assets per share Rm1.06... should be p/b =0.5 at least.... 53sen... dividend should be consistent... share or cash dividend... VT should focus on boosting bjcorp price the parent... bjfood was a success.. after share split, bonus shares... above 60sen even now
Cash RM1.5bil+++ BERJAYA CORPORATION BERHAD Registration Number: 200101019033 (554790-X) UNAUDITED INTERIM FINANCIAL REPORT FOR THE PERIOD ENDED 30 SEPTEMBER 2023 CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS 3 months ended 30/09/2023 30/09/2022 RM'000 RM'000 CASH FLOW FROM OPERATING ACTIVITIES Receipts from operations 2,682,837 2,418,827 Payments for operating expenses (2,545,105) (2,134,257) Payment of taxes (73,339) (71,146) Other (payments)/receipts (including tax refunds) (13,010) 10,492 Net cash generated from operating activities 51,383 223,916 CASH FLOW FROM INVESTING ACTIVITIES Disposal of property, plant and equipment and non-current assets 318 15,494 Disposal of investments in subsidiary companies 97,599 35,126 Disposal of investments in associated companies and joint venture 7,345 22,630 Disposal of other investments and short term investments 68,359 54,918 Disposal of a foreign hotel business operations 64,423 - Acquisition of property, plant and equipment and non-current assets (62,774) (132,740) Acquisition of investments in subsidiary companies (114,887) (72,371) Acquisition of investments in associated companies and joint venture (6,544) (45,282) Acquisition of other investments and short term investments (144,413) (96,368) Acquisition of treasury shares by subsidiary company (23,551) (39,891) Interest received 7,611 12,780 Dividend received 10,964 40,869 Net repayment from joint ventures and associated companies 7,254 2,857 Other receipts/(payments) 47,855 (7,608) Net cash used in investing activities (40,441) (209,586) CASH FLOW FROM FINANCING ACTIVITIES Issuance of share capital to non-controlling interests of subsidiary companies 1,289 14,898 Issuance of medium term notes by subsidiary companies 58,640 6,630 Redemption of medium term notes by subsidiary companies (6,630) (8,180) Dividends paid to non-controlling interests of subsidiary companies (17,268) (17,862) Interest paid (101,360) (88,800) Drawdown of bank and other borrowings 504,947 573,030 Repayment of bank and other borrowings (373,418) (339,315) Payment of lease liabilities (61,600) (79,216) Net placement with banks as security pledges for borrowings (11,184) (40,132) Net cash (used in)/generated from financing activities (6,584) 21,053 NET CHANGE IN CASH AND CASH EQUIVALENTS 4,358 35,383 OPENING CASH AND CASH EQUIVALENTS 1,548,515 1,085,172 Effect of exchange rate changes 16,401 23,522 CLOSING CASH AND CASH EQUIVALENTS 1,569,274 1,144,077 Cash and cash equivalents carried forward comprise: RM'000 RM'000 Deposits with financial institutions 921,983 702,645 Cash and bank balances 793,245 751,932 Bank overdraft (included under short term borrowings) (51,762) (57,459) 1,663,466 1,397,118 Less : Remisiers' deposit held in trust (12,796) (10,937) Cash and cash equivalents restricted in use (102,797) (242,104) 1,547,873 1,144,077 Including: Cash and cash equivalents classified as held for sale 21,401 - 1,569,274 1,144,077
bjcorp is undervalued... sell off non-core biz... tidy up the biz segments.. Rm1++ should be feasible.. VT saleman background, apa pun mau buat,,,, bjcorp macam rojak je... tidy up, declutter, rm1++ boleh jadi... dividen konsisten balik, terpenting
Ada banyak treasury syer untuk dividen for years to come terbaik
3395 BJCORP BERJAYA CORPORATION BHD Notice of SBB by a Company Pursuant to Section 127 (16) of CA 2016 Date of Buy Back : 26/12/2023 to 29/12/2023 No. of Shares Purchased : 13,718,000 shares Minimum Price Paid For Each Share Purchased : RM 0.285 Maximum Price Paid For Each Share Purchased : RM 0.290 Total Amount Paid For Shares Purchased : RM 3,958,540.19 Shares Were Purchased Through : Bursa Malaysia Securities Berhad No. of Shares Purchased Retained in Treasury : 13,718,000 shares Total No. of Shares Retained in Treasury : 451,287,527 shares Total Issued Capital as Diminished : Date Lodged With Registrar of Company : 03/01/2024 Lodged By : Tham Lai Heng Michelle Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By:
The Group is a diversified entity engaged in the following core businesses: Consumer Marketing, Direct Selling & Retail Financial Services Hotels, Resorts, Vacation Timeshare & Recreation Development Property Investment and Development Gaming & Lottery Management Environmental Services and Clean Technology Investment Motor Trading and Distribution Food & Beverage Telecommunications and Information Technology-related Services and Products
Why would a company pay stock dividends instead of cash dividends? Stock dividends are thought to be superior to cash dividends as long as they are not accompanied by a cash option. Companies that pay stock dividends are giving their shareholders the choice of keeping their profit or turning it to cash whenever they so desire; with a cash dividend, no other option is given.
Summary from 30/03/2009 to 22/12/2023 Highest Price 1.8300 First Occurred on 20/04/2010 Lowest Price 0.1100 First Occurred on 27/12/2021 Highest Volume 352.600m First Occurred on 09/01/2012
INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO DATE PRECEDING YEAR CORRESPONDING PERIOD 30 Sep 2023 30 Sep 2022 30 Sep 2023 30 Sep 2022 $$'000 $$'000 $$'000 $$'000 1 Revenue 2,567,320 2,243,190 2,567,320 2,243,190 2 Profit/(loss) before tax 101,989 107,587 101,989 107,587 3 Profit/(loss) for the period 41,118 37,997 41,118 37,997 4 Profit/(loss) attributable to ordinary equity holders of the parent 15,767 -16,415 15,767 -16,415 5 Basic earnings/(loss) per share (Subunit) 0.28 -0.29 0.28 -0.29 6 Proposed/Declared dividend per share (Subunit) 1.44 0.00 1.44 0.00
AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END 7 Net assets per share attributable to ordinary equity holders of the parent ($$) 1.0600 1.1021
3395 BJCORP BERJAYA CORPORATION BHD Notice of SBB by a Company Pursuant to Section 127 (16) of CA 2016 Date of Buy Back : 26/12/2023 to 29/12/2023 No. of Shares Purchased : 13,718,000 shares Minimum Price Paid For Each Share Purchased : RM 0.285 Maximum Price Paid For Each Share Purchased : RM 0.290 Total Amount Paid For Shares Purchased : RM 3,958,540.19 Shares Were Purchased Through : Bursa Malaysia Securities Berhad No. of Shares Purchased Retained in Treasury : 13,718,000 shares Total No. of Shares Retained in Treasury : 451,287,527 shares Total Issued Capital as Diminished : Date Lodged With Registrar of Company : 03/01/2024 Lodged By : Tham Lai Heng Michelle Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By:
Boleh labur & simpan. Uptrend dah bermula. VT perlu fine tune sedikit je dah boleh fly dengan laju, RM1+ pun takda isu. Nilai aset bersih per syer rm1.06 @30/9/23
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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