Posted by kahhoeng > 2018-05-17 19:45 | Report Abuse

still on an uptrend?

Posted by Bettyem > 2018-05-17 23:38 | Report Abuse

Vinhomes使用13亿美元的GIC投资购买越南的 Berjaya Land VIUT 项目？
https://www.vietmaz.com/2018/04/vinhomes-uses-1-3-billion-of-gic-investment-to-buy-berjaya-projects/
https://asia.nikkei.com/Business/Business-Deals/Vietnam-s-Vingroup-secures-GIC-s-1.3bn-for-property-investment

Posted by Bettyem > 2018-05-18 00:11 | Report Abuse

Vingroup从Berjaya购买两个庞大的项目
"Vingroup acquires two mammoth projects from Berjaya
16/APR/2018 INTELLASIA| VIR
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. Berjaya Vietnam 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 HCM 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 HCM 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 immobileand 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 HCM 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."

請參閱下面的報告的第53頁
https://www.hkbav.org/uploads/Intellasia/160418Intellasia_Finance_Vietnam%20.pdf

Posted by Beza > 2018-05-18 08:51 | Report Abuse

Old news. To be confirmed.

Posted by firehawk > 2018-05-18 09:09 | Report Abuse

still not announced in Bursa announcement :-(

Posted by gangnam > 2018-05-18 09:39 | Report Abuse

Lol...early bird gets the 'worm', once announced no more cheap..

"The money Vinhomes used to buy Berjaya’s two long-delayed projects may be part of the $1.3-billion investment that it received from GIC Private Limited. Vinhomes Imperia project in Haiphong According to newswire Cafef, Vinhomes, Vietnam’s leading real estate management company and the property management arm of Vingroup, signed an agreement with GIC. Accordingly, GIC will pour $1.3 billion into Vinhomes by buying part of Vinhomes’ stakes and by supplying a loan to help Vinhomes develop its projects.

The agreement came into effect on April 12, 2018. The information comes after Vingroup released that through Vinhomes it has recently acquired two long-delayed projects from Malaysian Berjaya Corporation. Notably, Vinhomes has completed the purchase of a 97.7 per cent stake in Berjaya Vietnam International University Township One Member LLC and Vietnam Berjaya Financial Centre. The first deal was VND11.75 trillion ($515.6 million) in value, while the capital contribution to Berjaya Financial Centre this March exceeded VND2 trillion ($89 million), which is equivalent to 67.5 per cent."

Posted by gangnam > 2018-05-18 11:48 | Report Abuse

Lol...malaysia's current account balance recorded a higher surplus of rm15.0 billion in q1 2018, once the rm2.4 billion from vietnam property sales by BJland comes, the surplus will be even more!
https://www.dosm.gov.my/v1/index.php?r=column/cthemeByCat&cat=86&bul_id=VVBtMFU1endmUURFQjQybDFiQk9DUT09&menu_id=azJjRWpYL0VBYU90TVhpclByWjdMQT09

Posted by leek > 2018-05-20 07:23 | Report Abuse

NEXT WEEK 1.00!!

Posted by leek > 2018-05-21 13:24 | Report Abuse

POTENTIAL RISK - TO INCREASE TAXES IN GAMBLING, CIGARETTES & ALCOHOL TO HELP PAY BACK THE 1T DEBT....

Posted by Beza > 2018-05-22 15:53 | Report Abuse

Bloomberg had confirmed on 13/4/18 the acquisition of Berjaya Vietnam International University Township Township One Member LLC by Vinhomes Real Estate Management LLC.

Posted by Beza > 2018-05-22 15:53 | Report Abuse

Berjaya Vietnam International University Township One Member LLC invests, develops, and manages real estate property. The company is based in Ho Chi Minh, Vietnam. As per the transaction announced recently, Berjaya Vietnam International University Township One Member LLC operates as a subsidiary of Vinhomes Real Estate Management LLC.
Merger/Acquisition
April 13, 2018
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=62630478

Posted by Beza > 2018-05-22 15:54 | Report Abuse

Now Berjaya Vietnam International University Township One Member LLC is a subsidiary of Vinhomes Real Estate Management LLC.

Posted by Sebastian Sted Power > 2018-05-22 15:55 | Report Abuse

31cents seem good price to enter blow job land

Posted by Beza > 2018-05-22 16:07 | Report Abuse

Berjaya (2) projects in Vietnam have become subsidiaries of Vinhomes:
https://media.vinhomes.vn/storage/vinhomes-2018/quan-he-co-dong/bao-cao-tai-chinh/2018/vinhomes-consolidated-fs-3132018-en.pdf

Evidences on Pages 52/53

Posted by Beza > 2018-05-22 16:08 | Report Abuse

And
https://media.vinhomes.vn/storage/vinhomes-2018/quan-he-co-dong/bao-cao-tai-chinh/2018/vinhomes-separate-fs-3132018-en.pdf
Evidences on Pages 27/28

Posted by Beza > 2018-05-22 16:15 | Report Abuse

Vinhomes have just public listed last week in Ho Chi Minh Stock Exchange, Vietnam. It has website:
https://ir.vinhomes.vn/en/financial-statements

Posted by kahhoeng > 2018-05-22 17:03 | Report Abuse

Really funny, and BJCorp or BJLand has no requirement to make relevant announcement?!? Sleeping SC?!?!?

Posted by Alex™ > 2018-05-22 17:04 | Report Abuse

my dad say vincent tan is old fox

Posted by kahhoeng > 2018-05-22 17:16 | Report Abuse

Real pissed off, I just emailed Berjaya for clarification:

Dear Lydia,

Attached you should find a copy of Vinhome's quarterly report. On page 29 of its report, Berjaya's two property projects have become Vinhome's. When I raised the issue to you in an earlier email, I was informed "there is no confirmed deal". How would a deal not confirmed resulted in Berjaya's subsidiaries become Vinhome's. Would you kindly investigate into it and make a public announcement to clarify the situation, or would you prefer I refer the document to SC for its investigation?
Thanks.

Best regards,

A real unhappy minority shareholder

Posted by bennychen > 2018-05-22 19:27 | Report Abuse

Why BJC is not disclosing material information to the shareholders?

Posted by shortinvestor77 > 2018-05-22 20:16 | Report Abuse

Tq kahhoeng. Can you help also to complain this issue to Bursa against BJCorp and BJLand?

Posted by shortinvestor77 > 2018-05-22 20:17 | Report Abuse

Good job, beza.

Posted by Jc Koay > 2018-05-22 20:48 | Report Abuse

Yes BJLAND should made announcement on these two land deal in Vietnam.

Posted by shortinvestor77 > 2018-05-22 21:14 | Report Abuse

It should be a group of angry retail investors, right, kahhoeng?

Posted by shortinvestor77 > 2018-05-22 21:39 | Report Abuse

Dear Sir/Madam,
Greetings. We are a group of very angry retail investors of BJCorp and BJLand
http://klse.i3investor.com/servlets/stk/3395.jsp

http://klse.i3investor.com/servlets/forum/800000666.jsp
(see the above forums)


We have found out with evidences that Our Companies had sold the two properties to Winhomes in Vietnam but have never announced it in Bursa. Instead, they cheated us that the news were not confirmed.
The news:
(https://www.vietmaz.com/2018/04/vinhomes-uses-1-3-billion-of-gic-inves...
https://asia.nikkei.com/Business/Business-Deals/Vietnam-s-Vingroup-sec...


Evidences
1. Bloomberg had confirmed on 13/4/18 the acquisition of Berjaya Vietnam International University Township Township One Member LLC by Vinhomes Real Estate Management LLC.

Berjaya Vietnam International University Township One Member LLC invests, develops, and manages real estate property. The company is based in Ho Chi Minh, Vietnam. As per the transaction announced recently, Berjaya Vietnam International University Township One Member LLC operates as a subsidiary of Vinhomes Real Estate Management LLC.
Merger/Acquisition
April 13, 2018
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcap...
Now Berjaya Vietnam International University Township One Member LLC is a subsidiary of Vinhomes Real Estate Management LLC.

2. Berjaya (2) projects in Vietnam have become subsidiaries of Vinhomes:
https://media.vinhomes.vn/storage/vinhomes-2018/quan-he-co-dong/bao-ca...

Evidences on Pages 52/53

3. https://media.vinhomes.vn/storage/vinhomes-2018/quan-he-co-dong/bao-ca...
Evidences on Pages 27/28


Take note that
Vinhomes have just public listed last week in Ho Chi Minh Stock Exchange, Vietnam. It has website:
https://ir.vinhomes.vn/en/financial-statements

As such, we would like Bursa to take very stern action against the Board of Directors that are not honest and intend to hide from us the amount of the money RM2.4 billion that supposed to be brought back to Malaysia and shared with us.

I look forward to hearing from you before a police report is made and a complaint lodged to our new Finance Minister. TQ.

Posted by shortinvestor77 > 2018-05-22 21:39 | Report Abuse

A complaint just lodged to Bursa.

Posted by Sebastian Sted Power > 2018-05-22 22:20 | Report Abuse

good job @shortinvestor77

Posted by Jc Koay > 2018-05-22 22:57 | Report Abuse

Thank you good job

Posted by bennychen > 2018-05-23 08:09 | Report Abuse

Thank you shortinvestor77 and kahhoeng for lodging the complaints. We look forward to the response from BJC and BJL.

Posted by kelvin17 > 2018-05-23 11:10 | Report Abuse

lau lau you are most inform about berjaya pl comment tq

Posted by Eddysurge > 2018-05-23 13:26 | Report Abuse

Thanks you kahhoeng!

Posted by leek > 2018-05-24 05:46 | Report Abuse

SMALL INVESTORS POWER!!!!

Posted by kahhoeng > 2018-05-24 09:11 | Report Abuse

Thank you for your email.

I will refer your query to the relevant department in charge and will revert once I have their response to this matter.


Best regards,

Lydia

Posted by Beza > 2018-05-24 10:28 | Report Abuse

Money has to be transferred back to Malaysia after our disposure. Just buy and hold.

Posted by Beza > 2018-05-24 10:28 | Report Abuse

TQ kahhoeng.

Posted by Beza > 2018-05-24 10:34 | Report Abuse

Vinhomes was hurry to be listed in Vietnam stock exchange. I think after getting cash, they will pay to BERJAYA. Transfer out of Vietnam also takes time.

Posted by Beza > 2018-05-24 10:34 | Report Abuse

Most important, the lousy Vietnam Projects has been sold.

Posted by Beza > 2018-05-24 10:39 | Report Abuse

Yes. Most important now the world know this deal. We will chase after TSVT. His best friend TM certainly follow rule of law, we will tell his best friend if needed.

Posted by Beza > 2018-05-24 10:43 | Report Abuse

While waiting, push forces to SC, Berjaya and the other authorities to investigate and announced. Make sure our money will be back.

Posted by gangnam > 2018-05-24 10:56 | Report Abuse

Lol...just wait for PH Government to declare a tax anmesty like Indonesia then Vt will bring back all his Billions asap...in the meantime just collect Berjaya counters and wait for the good news..

Indonesia tax amnesty brought back US$360 billion.. as for Malaysia...Bizman can bring back at least USD720 Billion? very sure Robert Kuok will start the ball rolling soon..Vt will follow suit?
http://www.freemalaysiatoday.com/category/world/2017/04/01/late-rush-to-join-indonesia-tax-amnesty-after-us360-billion-declared/
http://www.thesundaily.my/news/2017/04/28/consider-tax-amnesty-instead-imposing-harsher-penalties-irb-told
https://www.thestar.com.my/business/business-news/2017/05/06/a-forgiving-way-to-boost-revenue/

Posted by kahhoeng > 2018-05-24 21:39 | Report Abuse

With reference to your query below, kindly be informed that an announcement will be made in due course.

Thank you and kind regards,
Lydia

* err... hopefully within these 2 days, or I'll write them to learn what she meant by due course.

Posted by simon2020 > 2018-05-24 22:28 | Report Abuse

Since the acquisition by Vinhomes was only completed on April 13, 2018, BJland will make the announcement in due course. So buy while there are still doubtful Joes around..before it flys...

"Berjaya Vietnam International University Township One Member LLC invests, develops, and manages real estate property. The company is based in Ho Chi Minh, Vietnam. As per the transaction announced recently, Berjaya Vietnam International University Township One Member LLC operates as a subsidiary of Vinhomes Real Estate Management LLC."
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=62630478

Posted by gangnam > 2018-05-25 11:32 | Report Abuse

Lol...dow futures currently up 66 points to 24,869.00 & bursa also up 18.89 points today..as YB Lim has clarified on the actual debts & commitments and mentioned that Malaysia's economy is fundamentally strong with ample liquidity..once Vt announce the vietnam property sales in due course..1st tp is 42 sens followed by 60 sens and so on...

"He emphasised that the fundamentals of the economy remained strong and that the financial sector was stable, the banking sector was well-capitalised and there was sufficient liquidity in the market."

https://www.thestar.com.my/business/business-news/2018/05/25/total-national-debt-now-80-of-gdp/
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-splunk-veeva-ross-in-buy-zones-earnings-late/

Posted by Beza > 2018-05-25 14:47 | Report Abuse

Collected BJC 219 lots, BJL 1000 lots for investment. Waiting for announcement.

Posted by Beza > 2018-05-25 14:54 | Report Abuse

Open sesame!

Posted by gangnam > 2018-05-26 15:07 | Report Abuse

Lol...good news for Vt soon?

https://thecoverage.my/news/tun-dr-mahathir-mohamad-claimed-found-ways-wipe-rm200-billion-countrys-debt/?utm_source=englishsite&utm_medium=notification&utm_campaign=autopush

Posted by shortinvestor77 > 2018-05-27 21:45 | Report Abuse

Have faith with your investment here.

Posted by kahhoeng > 2018-05-28 22:58 | Report Abuse

After I read about the Vietnam Property Projects deal, I have decided to email BJCorp's investor relation for a reason, the share price doesn't seem to respond to such a 'good' news, as if its too good to be true.

The first response I received is "no confirmed deal" followed by "announcement will be made in due course" after proof presented by a few, including shortinvestor77. I believe as an investor, trading on this news is not wise. And if you are concerned over the truth over the matter, I would strongly suggest you email BJCorp's investor relation to seek further clarification and/or announcement in public.

I realize that one of us have already emailed BURSA in his own capacity. Though, given BJCorp investor relation's relatively prompt response, you may want to email them as well besides the ultimate option, SC and/or BURSA.

Posted by shortinvestor77 > 2018-05-29 09:47 | Report Abuse

Just forwarded last email to Bursa for this minority watchgroup attention:

Dear Sir/Madam, mswatch@mswg.org.my
Greetings.

After 7 days reported to Bursa bout the wrongdoing of BJCorp and BJLand for not disclosure of big deals in Vietnam, we minority shareholders till have yet to received any reply from Bursa as per the email below. Hence we seek your help in this matter. Kindly assist us.
Thank you in advance. We look forward to hearing from you.

A Shareholder of BJCorp and BJLand
https://www.mswg.org.my/enquiry

Posted by shortinvestor77 > 2018-05-29 09:47 | Report Abuse

Don't worry. Be happy. We will sort it out step by step!