Posted by freetospeak > 2018-04-25 17:38 | Report Abuse

and 30 sen seems a reasonable price to me if current price remains til august....

Posted by Eddysurge > 2018-04-25 18:34 | Report Abuse

freetospeak, so unconditional mandatory offer now can achieve his goals? To achieve 90% with 30 cents offers seem like a dream? Then, what else TSVT is doing now

Posted by kahhoeng > 2018-04-25 18:43 | Report Abuse

my guess is to table what's offered to VT to the rest of BJLand shareholders. Its easier to push through, but I could be wrong...

Posted by freetospeak > 2018-04-25 19:03 | Report Abuse

The easiest way fot vt to privatise bjland is to swap share with bjcorp...that way minority will gladly sell to him....coz they will participate in the future growth of bjcorp after privatising bjland...and not much cash required by him too...

Posted by freetospeak > 2018-04-25 19:04 | Report Abuse

Or he can press down the price to below 20 sen....n offer 30 sen after auguest

Posted by bennychen > 2018-04-26 08:30 | Report Abuse

Possibly syndicates are mopping up the shares and preparing to goreng goreng it knowing the shares floating in the market are limited less than 20% and TSVT wont sell his shares if he is intended to privatized BJLand.

Posted by Eddysurge > 2018-04-26 11:35 | Report Abuse

My view is bjland operator is gaining back his control position. Beware for those newbie buying! You're welcome to sell back if price uprising.

Posted by Eddysurge > 2018-04-26 11:42 | Report Abuse

The losser now is bjcorp before take over complete.

Posted by Eddysurge > 2018-04-26 12:00 | Report Abuse

Once the newbie buying exceeds the purpose, then the bottom fishing will begin or bigger picture, you're waiting TSVT mercy.

Posted by Eddysurge > 2018-04-26 12:28 | Report Abuse

Some ppl said why TSVT don't have to take over bjland? The story begins when 20% bjland share bought from TSVT. Bjcorp paid
steep price for bjland share with none return. Somemore, the cost & capital stuck. Better use the money to settle the loan without wasting. Restructure is necessary.

Posted by Eddysurge > 2018-04-26 12:43 | Report Abuse

The investment considered OK, but bad business deals.

Posted by simon2020 > 2018-04-26 13:03 | Report Abuse

Suspect the earlier selling is almost done by proxy share owners to fund the election campaign.
btw just wondering why Dimensional Fund Advisors LP a US based Investment firm suddently increase their stake to 19,846,999 BJland shares just recently? Is it because they know something is brewing?
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=3182643

Posted by kahhoeng > 2018-04-27 17:32 | Report Abuse

guess I'm right, hope there will be a privatization deal announced soon...


http://www.bursamalaysia.com/market/listed-companies/company-announcements/5775917

1 24 Apr 2018 3,664,800 Acquired Deemed Interest

2 25 Apr 2018 5,000,000 Acquired Deemed Interest

Posted by Alex™ > 2018-04-30 10:28 | Report Abuse

aiyo...like that, tsvt really berjaya lar~ minor shareholder tak berjaya....

Posted by simon2020 > 2018-04-30 15:11 | Report Abuse

Suspect something big is coming after election but definitely not privatisation...

Btw Since VT's direct shares in BJLand didn't increase at all even after 6 months of share purchase from November 2017 - April 2018?

16/11 (1.37% direct shares)
27/4 (1.37% direct shares)

Posted by Alex™ > 2018-04-30 15:13 | Report Abuse

mahathir old fox...my dad say tsvt also old fox...haha

Posted by leek > 2018-04-30 15:42 | Report Abuse

Limit up soon... BJC coming too

Posted by freetospeak > 2018-04-30 16:01 | Report Abuse

something is brewing

Posted by Eddysurge > 2018-04-30 16:10 | Report Abuse

Good effort to buy back bjland .

Posted by freetospeak > 2018-04-30 16:34 | Report Abuse

wow ...up a lot

Posted by Alex™ > 2018-04-30 16:39 | Report Abuse

alex check out liao.... tq tsvt boss.... i scare liao next time

Posted by kahhoeng > 2018-05-02 01:07 | Report Abuse

for real?!?

http://english.vietnamnet.vn/fms/business/199098/business-in-brief-19-4.html

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.

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.

Posted by freetospeak > 2018-05-02 07:50 | Report Abuse

Today limit up

Posted by kahhoeng > 2018-05-02 08:00 | Report Abuse

saw this on i3investor's bjcorp site, sure hope this is true....

Posted by freetospeak > 2018-05-02 08:12 | Report Abuse

Its true...

Posted by freetospeak > 2018-05-02 08:12 | Report Abuse

Vinhomes is a big company in vietnam

Posted by Bettyem > 2018-05-02 09:51 | Report Abuse

领先的多功能综合企业Vingroup最近收购了马来西亚Berjaya集团的两个项目。

越南领先的房地产管理公司和Vingroup的物业管理部门Vinhomes已完成从马来西亚Berjaya公司购买Berjaya Vietnam International Township One Member LLC 97.7％的股权。

这笔11.75万亿越南盾（515.6百万美元）的交易旨在收购拖延很久的越南国际大学城（VIUT）项目。
http://www.4-traders.com/BERJAYA-CORPORATION-BHD-6496990/news/Berjaya-Bhd-Vingroup-acquires-two-mammoth-projects-from-Berjaya-26337046/
https://www.sportbreakingnews.com/2018/04/hcmc-projects-get-new-investors/

Posted by kahhoeng > 2018-05-02 10:11 | Report Abuse

if its true, how come bjcorp or bjland haven't made any announcement? Its unbelievable!

Posted by simon2020 > 2018-05-02 10:18 | Report Abuse

I think that's why Dimensional Fund Advisors LP a US based Investment firm suddently increase their stake to 19,846,999 BJland shares just recently? It is because they already know something is brewing...

More published facts on BJLand deals that speaks for itself...

http://www.focusmalaysia.my/Property/berjaya-land-s-tall-order
http://www.focusmalaysia.my/CMS/Documents/pdf/Berjaya%20Land%E2%80%99s%20current%20projects.pdf
http://www.theedgemarkets.com/article/berjaya-land-targets-rm1b-sales-annually

Posted by freetospeak > 2018-05-02 10:46 | Report Abuse

not complete yet the...soon to be announced..

Posted by freetospeak > 2018-05-02 10:51 | Report Abuse

its confirmed by the ceo of berjaya vietnam..but still in progress...

Posted by freetospeak > 2018-05-02 11:12 | Report Abuse

Vinhomes uses $1.3 billion of GIC investment to buy Berjaya projects?
https://www.talkvietnam.org/2018/04/vinhomes-uses-1-3-billion-of-gic-investment-to-buy-berjaya-projects/

Posted by hng33 > 2018-05-02 15:15 | Report Abuse

bought back bjland at 32.5sen

Posted by simon2020 > 2018-05-02 15:31 | Report Abuse

On top of the rm 2.4 billion from vietnam + rm 500 million from great mall, don't forget the other RM2.27 billion sales from BJland Malaysia projects and BJland 0nly worth only RM1.35 billion?

1. BJland unbilled sales (means haven't been recorded in BJland account yet) as of 31/12/17 RM1.3 billion
2. Ritz-Carlton RM1.21 billion (GDV) for 288 units, out which 188 units already sold left only 100 units worth RM650 million
3. Link 2 (4 shops) worth RM70 million
4. The Peak, Ampang - 15 bungalow lots worth RM100 million
5. Kensinton Gardens, Penang - 24 bungalow lots worth RM100 million

That's why there should be something big coming after election?

Posted by kahhoeng > 2018-05-02 15:36 | Report Abuse

Ritz-Carlton Residences is BJCorp project lah...

What shock me is that the news is a April 19th news, and yet there's no announcement. An aborted deal?

Posted by hng33 > 2018-05-02 15:44 | Report Abuse

use all margin line capital, all in bjland at 32.5sen and more bjcorp at 30sen

Posted by simon2020 > 2018-05-02 15:48 | Report Abuse

BJland owns the land for Ritz-Carlton Residences and responsible for its sales, Wangsa Tegap subsidiary of BJcorp only contractor for the project..the 188 units of "Unbilled Sales" (RM1.3 billion?) are sold to different high networth individuals so there should be188 different S&Ps and not only one deal...
http://www.theedgemarkets.com/article/berjaya-land-targets-rm1b-sales-annually
annuallyhttp://www.focusmalaysia.my/Property/berjaya-land-s-tall-order

Posted by hng33 > 2018-05-02 16:51 | Report Abuse

Closed at 34sen :D)

Posted by lwyy60 > 2018-05-02 17:02 | Report Abuse

when great news come, ppl post about it, forgot about previous setback drop from 80c. when it drop around 50c and i planned to average until 20c but only manage only 25c. People with no holding power just need to be careful. I alwys buy nta stock. Now acc 30% in my portf. Conglat to those keep on it and average down. Good luck guys.
02/05/2018 17:00

Posted by kahhoeng > 2018-05-02 17:43 | Report Abuse

phew, another 9.2 million shares...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5781813

1 26 Apr 2018 4,200,000 Acquired Direct Interest
2 27 Apr 2018 5,000,000 Acquired Direct Interest

Posted by Eddysurge > 2018-05-02 18:04 | Report Abuse

Good efforts!

Posted by freetospeak > 2018-05-02 18:04 | Report Abuse

Wow bjcorp keep increasing shareholding...vt wanna privatise thru bjcorp?

Posted by simon2020 > 2018-05-03 11:29 | Report Abuse

Something big is definitely coming after Election but don't think VT is after privatization as not really of much benefit to him since he is already in control of BJland using a pyramid structure of cross shareholdings, actually VT's effective ownership interest in BJland is only 2.25%?, for a bigger picture see the maths below:

For the 10 months period between 14/6/17 to 27/4/18, BJcorp after buying so much BJland shares, it's direct interest still remained at 3.84% while indirect interest actually decreased by 2.17% (this is not like the action of a company going to privatize BJland?, it's more likely the earlier sell down was a distribution of BJland shares by Proxy share owners to raise funds for the Election?

BJcorp (27/4/18):
Direct interest in Bjland is 3.84%
Indirect interest in BJland is 69.1%
Total interest is 72.94%

BJcorp (14/6/17):
Direct interest in BJland is 3.84%
Indirect interest in BJland is 71.27%
Total interest is 75.11%

VT direct interest in BJland is 1.37% as of 27/4/18
BJcorp direct interest in BJland is 3.84% while the balance of 69.1% are actually indirect/deemed interest (as of 27/4/18)
VT direct interest in BJcorp is 22.85% as of 23/4/18

So, VT's effective ownership interest in BJland is, 1.37% + (22.85% x 3.84%) = 1.37% + 0.87744% = 2.25%

That's why VT's is agressively buying more shares under his own name to increase his effective ownership interest in BJland in order to enjoy more benefits from the monetization of Vietnam & Malaysia land, since the share price is still low if you have extra reserves you can't go wrong by following VT closely behind..

For examples on what is direct interest, effective ownership interestand deemed/indirect interest refer link below:
http://whatsbehindthenumbers.blogspot.my/2016/06/direct-interest-deemed-interests.html

Posted by freetospeak > 2018-05-03 12:24 | Report Abuse

releasing of shares in 2017 to push down bjland price...then in 2018 buying bak...why wanna push down the shares? mayb for privatisation at cheaper price...may b not...raising fund for election is not really possible as the amount raise is really peanuts...may b wanna push down the price for jeju compensation...may b got other reason...

Posted by freetospeak > 2018-05-03 12:31 | Report Abuse

the only thing i am sure that bjland gonna get a lot of cash coming this 3 yrs...this 3 billion from vietnam...may b abother 5 billion from jeju compensation next 1-2 yrs...or may b jeju project restart with casino license awarded...bjland gonna be busy

Posted by freetospeak > 2018-05-03 12:32 | Report Abuse

bjland n bjcorp gonna debt free and interst saved will be huge...

Posted by freetospeak > 2018-05-03 12:33 | Report Abuse

gonna saved few hundred million interest each yr...bjcorp n bjland gonna be making decent profit from then onwards...

Posted by Eddysurge > 2018-05-03 14:45 | Report Abuse

Overall, bjcorp is weaker, if you are TSVT , you wish to see mother of all Berjaya affected? Only one thing I believed, He is collecting bjcorp share with many practices
. Bjland ,definitely bjcorp duty to undertake.

Posted by hng33 > 2018-05-03 14:57 | Report Abuse

Momentum coming :D)

Posted by Bettyem > 2018-05-03 15:03 | Report Abuse

最近Kenanga Research和Public Invest等投资银行家已经开始对BJland进行报道，迄今为止，Public Invest的分析是正确的。 Kenanga Research最近的分析结果是否也会被证明是正确的？

Kenanga Research & Investment
https://klse.i3investor.com/blogs/kenangaresearch/155497.jsp
PublicInvest Research
https://klse.i3investor.com/blogs/PublicInvest/152638.jsp