Posted by kmwong8711 > 2019-08-31 14:09 | Report Abuse

Buy BJLAND now otherwise you guys will regret cause big boss VT already accumulate around 85% surely later will up like no tomorrow if no privatised in sight at the moment

Posted by cqgan80 > 2019-08-31 14:11 | Report Abuse

https://www.klsescreener.com/v2/news/view/574140

Posted by freddiehero > 2019-08-31 14:20 | Report Abuse

vt should b bring all malaysian rich together.. then hus own share baru can fight with price rm100 each share...

Posted by freddiehero > 2019-08-31 14:20 | Report Abuse

wan do then do big dream....

Posted by freddiehero > 2019-08-31 14:20 |

Post removed.Why?

Posted by Bettyem > 2019-08-31 14:59 | Report Abuse

What KFC? The last around already eating Lobsters & Abalone..next round should be eating White Truffles & Wagyu...

Posted by leek > 2019-09-01 04:46 | Report Abuse

SAME STRATEGY LIKE VIETLOTT, I THINK MYANLOTT IS COMING BUT MAYBE AFTER PRIVATISATION... LOL....

Posted by leek > 2019-09-01 07:01 | Report Abuse

http://www.jejusori.net/news/articleView.html?idxno=305271

ANYONE KNOWS KOREAN CAN SUMMARISE THE JEJU DISPUTE NEWS PLEASE???

READING THE TRANSLATION GIVING ME HEADACHE...

Posted by Bettyem > 2019-09-01 07:45 | Report Abuse

A Better Translation?

Ministry of Justice, State Coordination Bureau, Ministry of Land, Infrastructure and Home Affairs, Ministry of Land, Infrastructure and Tourism, Jeju International Investment Dispute Response Team for Yerae Recreational Residential Complex

Malaysian nationals have submitted a letter of intent to arbitrate the Investor-State Dispute Settlement (ISDS) against the Government of the Republic of Korea regarding the Jeju Yeorae Recreational Residential Complex project. We decided to correspond.

Berjaya Land Berhad submitted a Notice of Intent to the Government of the Republic of Korea on the 17th under the Agreement on the Promotion and Protection of Korea-Malaysia Investment (BIT).

The Letter of Intent is a written notice stating that the claimant intends to file a mediation, not a formal arbitration.

In an arbitration intention, Berjaya agreed on the 'BIT on the Promotion and Protection of Korea-Malaysia Investment' by the Jeju Free International City Development Center (JDC) and the court of the Republic of Korea unfairly treating Berjaya during the development of the Jeju Recreational Residential Complex. Allegedly violated its investor protection obligations.

Berjaya said in a statement of arbitration that the company has incurred at least about KRW4.4 trillion (direct loss of about KRW300 billion and loss of about KRW4.1 trillion).

Berjaya was not informed in the arbitration of the lawsuit concerning the legality of expropriation of land for the land offered by the Jeju Free International City Development Center at the time of the joint venture agreement in April 2008. The court alleged that the Supreme Court's decision to cancel the acceptance of the settlement was incapable of proceeding with the project.

When formal mediations are filed, things get complicated. If the dispute is not resolved, the case shall be referred to arbitration. Regardless of the ongoing lawsuit, it is possible and our government cannot refuse it.

Arbitral awards are limited to the financial loss of the investor, the applicable interest, and the restoration of property. Once the arbitral award is concluded, it has its own strength. The petition itself is impossible, so it is impossible.

The government plans to actively respond by forming a joint response system by forming the 'International Investment Dispute Response Team (Director of the Ministry of Justice), which includes the Ministry of Land, Infrastructure and Transport, the Ministry of Strategy and Finance, the Ministry of Strategy and Finance, the Ministry of Foreign Affairs, the Ministry of Trade, Industry and Energy, and Jeju Island. .

The arbitration proceedings and disputes will be undertaken by the Ministry of Justice's International Legal Affairs Department, the General Affairs Bureau will be responsible for the BIT, and the Ministry of Land, Infrastructure and Transport will be in charge of the Jeju Island Development Project.

Yerae Recreational Residential Complex Project is a large-scale tourism development complex where Berjaya Jeju Resort invests 2.5 trillion won from 2008 to 2017 on the 74,1193㎡ site of Yerae-dong, Seogwipo-si.

The Supreme Court hit a turning point in March 2015, judging JDC's land acceptance decision on its business sites. The business ran into a wall when the court interpreted the defect as apparent until the disposal of the business.

Among the 9 phases of the project, from March 2013, the construction of the 149 households of Gotjawal Village with a total area of ​​39,9448㎡ on the business site was completed.

When the issue of land acceptance and the licensing process arose, Berjaya filed a lawsuit against the JDC on November 6, 2015, demanding an astronomical compensation of 350 billion won.

Posted by Bettyem > 2019-09-01 07:59 | Report Abuse

Berjaya said in a statement of arbitration that the company has incurred at least about KRW4.4 trillion (direct loss of about KRW300 billion (RM1.042 B) and loss of about KRW4.1 trillion (RM14.244 B) from loss in share values of BJLand/BJCorp shares.?

Posted by Bettyem > 2019-09-01 08:02 | Report Abuse

Appreciate Freetospeak to elaborate further on this?

Posted by freetospeak > 2019-09-01 08:24 | Report Abuse

This is old news ah...very clear already the translation.which part u dun understand? The indirect loss confirm includes loss of bjland share value.n reputation loss.interestnloss..profit loss etc.capital loss already amount to 5 billion.

Posted by freetospeak > 2019-09-01 08:26 | Report Abuse

Future profit loss might contain another big part becoz jeju development is huge.

Posted by Jeffreyteck > 2019-09-01 09:11 | Report Abuse

Looking at the share price in the past till now, one can judge the slcompany performance and management credibility and competencies. Anyway, good for trading as hopes remain, positive and negative news interval also create trading opportunities. Good luck.

Posted by bahai4453 > 2019-09-01 09:39 | Report Abuse

All just talks and guessing only. No fact. Before the Korean money to come. They already planning to dispose the money to Myanmar housing projects. VT rather throw his money to expand his empire than reward all the stupid funs of him. VT made tons of money in the CARING shares, from 1.96 to 2.30 now. Why he has to take care all the day dreamers here ??

Posted by Bettyem > 2019-09-01 11:21 | Report Abuse

That why it's purposely pressed low to justify the quantum of Berjaya's KRW4.4 Trillion or RM15.5 Billion claim against Korean Government for Berjaya's loss as a consequence of cancellation of the Jeju Development, that's why BJLand/BJCorp has been pressed so low!

After the mediation/arbitration dispute has been settled in October on a GtoG basis?, the price of BJLand/BJCorp will not be kept so low anymore...VT may not care for minorities in general but very sure he will care for the profits when it's finally comes as he is the biggest shareholder after all as his team has cleaned the balance sheets for BJGroup of companies lately through all the non monetary impairment provisions which will be written back as gains in the near future.

Posted by bahai4453 > 2019-09-03 04:11 | Report Abuse

VT like to eat nasi lemak especially with plenty of ikan bilis.

Posted by unorthodox > 2019-09-03 04:35 | Report Abuse

Those speculators who recently bought at 0.200 and above should start to worry! There is lack of buyers to support current market price!

No privatization by VT in the short and middle term time horizon!

Posted by Leong1982 > 2019-09-03 08:00 | Report Abuse

Unorthodox, are you worried? Or you are waiting?

Posted by William Ng > 2019-09-03 08:38 | Report Abuse

Wait wait wait

Posted by shortinvestor77 > 2019-09-03 08:47 | Report Abuse

Wait for these few days the decision by Bursa. If BJland is going to get all benefits of compensation, the substantial owner will want to privatize it fast.

Posted by bahai4453 > 2019-09-03 09:08 | Report Abuse

The same old stupid stories around for years, From vietnam to Korea and Japan. Even upto Iceland and latest Myamar. But still remain as a 20 cent counter. Wah hahaha...lol. Now PM is visiting Cambodia, and I think VT will come out some sorts of brilliant idea to spread rumour that Berjaya group will invest in Cambodia either in lottery or resorts ! Then Bjland share prices will shoot up for VT to clear his lots and make some money. After that no action and the price back to 20 cent. VT collect again. The same stupid story go on repeating for years and all the ikan bilis will get hooked and jump around half naked with only underwear attached. wah hahhahaha...lol !

Posted by Paulnga > 2019-09-03 09:13 | Report Abuse

VT from Story Teller upgrade to Fortune Teller.

Posted by Jeffreyteck > 2019-09-03 09:16 | Report Abuse

Most likely some sellers and buyers are the same gangs as bursa is likely not to check it as that will affect negatively the market sentiment, hence bursa bottom line. Casino anyway. Best for trading only. Long term fundamentals are missing for ages, ie consistent profit, reasonable dividend, reasonable cash flow etc.

Posted by Bettyem > 2019-09-03 10:06 | Report Abuse

Just wondering why there is still unlimited buying at 25.5/25 sens for BJCorp with 14.72 million buyers vs 1.94 million sellers unless something's brewing? Btw BJCorp just posted a notice of dealings in listed security under chapter 14 of VT interest to buy more BJCorp shares dated 30/8/19?

Posted by firehawk > 2019-09-03 10:27 | Report Abuse

he is playing himself ......

not sure he wants to play it up or play it down .... for time being, he plasy it flat, let all little fish longing ......

Posted by kahhoeng > 2019-09-03 12:21 | Report Abuse

Err... Probably just because NO fund manager is buying his 'new venture'...

Posted by bahai4453 > 2019-09-03 12:42 | Report Abuse

BJCorp more or less is a big retailing shop as VT has special liking on retailing business, from supermarts to fried chicken. I think quite alot of unlisted small retailing companies are still under his belt. It's just crazy !

Posted by Bettyem > 2019-09-03 14:02 | Report Abuse

Why so many active operatives 2day right after VT posted notice his intention to trade under chapter 14?

Posted by William Ng > 2019-09-03 15:41 | Report Abuse

Left hand to right hand

Posted by William Ng > 2019-09-03 15:41 | Report Abuse

What price he like, he can control it

Posted by tah16600 > 2019-09-03 15:57 | Report Abuse

Hold tight lol!

Posted by DickyMe > 2019-09-03 16:40 |

Post removed.Why?

Posted by nickleeson > 2019-09-03 19:26 | Report Abuse

2bn project in myanmar announced

Posted by shortinvestor77 > 2019-09-03 21:08 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6274693

AWARD FROM YANGON REGION GOVERNMENT FOR THE PROPOSED
DEVELOPMENT PROJECT IN YANGON, MYANMAR
The Board of Directors of Berjaya Land Berhad (“BLand”) is pleased to announce that BLand
had on 30 August 2019 received a Certificate of Award from the Yangon Region Government
for the proposed development of a public housing and mixed development project on a land
measuring approximately 183 acres located along Myanandar Road and Shweli Road, Dagon
Seikkan Township, Yangon Region, Myanmar (“Proposed Development”).
The Proposed Development comprises 14 parcels of mixed development including inter-alia
affordable housing, mid to high end condominiums, shop houses, retail spaces, the farmer’s
market, community hall, schools and infrastructure to be built over 3 phases. Based on the
preliminary plan of the Proposed Development, the estimated gross development value is about
USD624.00 million (approximately RM2.63 billion*).
* Based on the assumed exchange rate of USD1.00 to RM4.22
BLand will announce the details of the Proposed Development once the Group enters into the
definitive agreements with the relevant parties.
This Announcement is dated 3 September 2019.

Posted by bahai4453 > 2019-09-03 22:47 | Report Abuse

Myanmar is a new market. Risks factor not clear. But Myanmar's government is not in good term with Malaysian government because of the Myanmar's muslims at the border
Hopefully this time VT is true.

Posted by kahhoeng > 2019-09-03 23:00 | Report Abuse

err.. It's my understanding China, Thailand, and Malaysia are in pretty good terms with the Myanmar government when it comes to business dealing.

Posted by kahhoeng > 2019-09-03 23:04 | Report Abuse

and Singapore too

Posted by Bettyem > 2019-09-03 23:15 | Report Abuse

Good move by VT to get your foot in the door in Myanmar? Btw biz & politics don't mix, further Myanmar is part of ASEAN and maintains a embassy in KL, Malaysia.

"Although the relations become strained in late 2016 (previous BN Govt.) due to the Rohingya issues, the relations remained stable after the meeting between both countries armed forces chief to playing down the issues. Myanmar currently has an embassy in Kuala Lumpur, and Malaysia has an embassy in Yangon."

To enter a business organization at a low level, but with a chance of being more successful in the future"

Btw Myanmar Parliament, just passed The Gambling Law (“GL”) on 7 May 2019 to allow Casino & Gambling..

ttps://www.dfdl.com/resources/legal-and-tax-updates/myanmar-legal-alert-new-gambling-law-permits-casinos-to-operate-in-myanmar/

Posted by Jeffreyteck > 2019-09-04 07:54 | Report Abuse

Goreng again, later few years may announce loss making as like Philippines gambling. Anyway, good to have interval positive and negative news for trading opportunities. Myanmar, is it a corrupted country for business opportunity?

Posted by Bettyem > 2019-09-04 08:31 | Report Abuse

Don't worry VT will have plenty of business opportunities in Myanmar, esp in Casino & Gambling biz apart from property development in the near future :)

https://www.mmtimes.com/news/myanmar-works-improve-corruption-image.html

Posted by William Ng > 2019-09-04 08:53 | Report Abuse

Today up 0.05 cen

Posted by kasinathan > 2019-09-04 09:07 | Report Abuse

Alamak..not only without privatisation but with new plan asking shareholder for money via multi proposal....

Posted by kasinathan > 2019-09-04 09:07 | Report Abuse

Hopefully... This rumour is fake one...

Posted by tah16600 > 2019-09-04 09:36 | Report Abuse

With billion projects in Myanmar, this stock shd limit up lol! since the floating shares less then 15%.

Posted by tah16600 > 2019-09-04 09:52 | Report Abuse

Keep buying while it is extremely cheap with margin of safety abt 75%. So more to go up than down .

Posted by DickyMe > 2019-09-04 10:05 |

Post removed.Why?

Posted by Superb99 > 2019-09-04 10:14 | Report Abuse

have to put in the safety box at the moment till VT accumulate again...without him, this counter is dead

Posted by freetospeak > 2019-09-04 10:22 | Report Abuse

i am amaze with SC inaction on the spread issue...can really turn a blind eye ? already 1 month since breached of 85%.

Posted by leek > 2019-09-04 10:24 | Report Abuse

KEEP COMPLAIN TO SC