If bursa disagree, Bursa will tell VT they need to reduce the shareholding back to 75% from 85% loh...!!
But VT already want to delist....so bursa no choice loh....give VT a time limit if not suspend the share trading loh...!!
Vt will keep buying bland....until deadline reach loh...!! By then say VT have 88% .....Bursa can temporary extent....at that time VT will launch its GO loh.....!!
Posted by shortinvestor77 > Aug 8, 2019 10:17 PM | Report Abuse
What did your friend say?
Posted by skyu > Aug 8, 2019 9:45 PM | Report Abuse
the above 25% to 10% rules is wht I learned from a investor banker , a friend of mine which i asked him yesterday.
That's why we need to speed up the process by complaining with justifiable statements to Bursa and his chairman and all parties. One of these statement is retail investors benefits are jeopardized by TSVT.
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD
BERJAYA LAND BERHAD TypeAnnouncementSubjectDEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIODDescriptionDIRECT INTEREST
Further to our announcement dated 26 July 2019 on the above and pursuant to Paragraphs 14.03 and 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in relation to dealings in the securities by Directors/Principal Officer of a listed issuer during the closed period, we wish to inform that,Tan Sri Dato' Seri Vincent Tan Chee Yioun ("TSVT"), a Director of Sports Toto Malaysia Sdn Bhd, a major subsidiary of Berjaya Land Berhad ("BLand") has dealt in the shares of BLand as set out in the table below.
DIRECT INTEREST - acquired through open market Name of Affected PersonDatePrice per shareNo. of shares acquired% of Ordinary sharesTan Sri Dato' Seri Vincent Tan Chee Yioun8.8.2019RM0.17500,0000.01
Announcement Info
Company NameBERJAYA LAND BERHADStock NameBJLANDDate Announced08 Aug 2019CategoryGeneral Announcement for PLCReference NumberGA1-08082019-00076
most probably sc will grant a 6 month extension in 2 wks time. but this ceo is useless...when he assume ceo bjland is 60 sen.when he leave 0.17...he had left a true legacy indeed...good to go.
I am wondering since when The Edge newspaper is interested with the CEO appointment? Ok, now back to bjland business, I do also think that it is not that easy for privatisation.
But, don't worry about this ceo, I believe he has no power in corporate decision, as vincent tan and his children are still the ultimate controller behind. This company is different from other more reputable listed companies which they really hired the best person with high price to run a company.
Bjland bjcorp or any other bjcock are still run by vincent tan and his children.
there is a rumour Kyoto sales is in the making, mean there is a buyer agree with the price.buyer from China. now, it might come to me , in order to fully benefit with the cash earned, vincenynbestnmove is to privatise bjland before they announce the news.
but, gearing in bjland is still quite high and the debt stood at 3 billions.
I just realise actually not just all minorities keep speculating what really going happen to bjland, but a investment house also followingbclosely as well. we cantndeny some corporate action is in the brewing.
Anybody realised the Syndicate placed a big 25.3 million buy order for BJCorp @ 25.5 sens. It has not been broken since last month? Anything to do with the conversion ratio for BJLand should delisting/privatisation comes?
One thing funny about stock market is that retail investors like us are like the Monkeys caged in a zoo. When the Bosses throw bananas to the monkeys. Monkeys always over react. Hahaha
Bjland on uptrend loh....!! From Rm 0.15 to Rm 0.155 near all time low....it everyday up 0.5 sen mah.....!! Also VT is buying everyday with more than 85% holding, privatization is imminent loh....!!
Just be brave buy & hold, u will be well rewarded soon mah...!!
Raider say TP for GO Rm 0.43 loh....!!
Raider say fair value Rm 0.70 and Icon value Rm 0.92 bland in 2016 loh..!!
CORRECT LOH...IT IS DEFINITELY A GOOD INVESTMENT MAH....!!
U WILL MAKE ALOT OF MONIES IF U BUY LOH...!!
Bjland on uptrend loh....!! From Rm 0.15 to Rm 0.155 near all time low....it everyday up 0.5 sen mah.....!! Also VT is buying everyday with more than 85% holding, privatization is imminent loh....!!
Just be brave buy & hold, u will be well rewarded soon mah...!!
Raider say TP for GO Rm 0.43 loh....!!
Raider say fair value Rm 0.70 and Icon value Rm 0.92 bland in 2016 loh..!!
Posted by kmwong8711 > Aug 9, 2019 11:31 AM | Report Abuse
Don't be too happy, vincent just need 30k lots to push the price down and we all kaw beh kaw bu again. Then , there will definitely some genius will come and said he or she bought many lots at 0.14and sold 0.19 and earned lots of money.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 629 views | 4 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 13520 views | 12 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
stockraider
31,556 posts
Posted by stockraider > 2019-08-08 22:31 | Report Abuse
If bursa disagree, Bursa will tell VT they need to reduce the shareholding back to 75% from 85% loh...!!
But VT already want to delist....so bursa no choice loh....give VT a time limit if not suspend the share trading loh...!!
Vt will keep buying bland....until deadline reach loh...!! By then say VT have 88% .....Bursa can temporary extent....at that time VT will launch its GO loh.....!!
Posted by shortinvestor77 > Aug 8, 2019 10:17 PM | Report Abuse
What did your friend say?
Posted by skyu > Aug 8, 2019 9:45 PM | Report Abuse
the above 25% to 10% rules is wht I learned from a investor banker , a friend of mine which i asked him yesterday.