bjland is involved in major project in okinawa n myanmar now. and also in many oversea court case. It will surely impact their reputation n also legal issue might arise.so going into suspension is really not the wise thing to do now.
Vt is jus buying time...from now til sc issue warning...then reprimand..then fine..then suspension still got sometime.i still beleive he will do something after jeju case this september next wk i think. So watch out for news nex wk.
Bjland start the fall from rm1 after jeju went into suspension. So if jeju compensate nicely. Prepare for it to rise bak .may b vt is weighing whether wanna privatise...or release his share when at rm1.
READ THE Notice of Intent dated 17 July 2019 from BJLand to South Korea Govt carefully.. "This Letter serves as a notice of dispute between BLB & S.Korea Govt. Pursuant to Art. 9 of Malaysia-Korea BIT...BLB invites S.Korea Govt to reach an amicable settlement with Korea within 3 months of this Letter..."
Means we will have an official response from S. Korea Govt to BJLand regarding amicable settlement of dispute before 17 October 2019?
Also go to complain on the macc that SC, MACC, bukit aman on VT cheat minorities. Ask UTUSAN to make big issue on that. Tun M machai cheating shareholders
The dark horse and main beneficiary BJCorp with 85% majority shares in BJLand still defy gravity at 26 sens even after announcing a massive loss for this Qtr.? definitely something is brewing at Berjaya? Ini Kali lah!
DON'T USE NEGATIVE WORDS LA... PLAN FOR THE WORST MA... I ALREADY ENGAGED & PREPARED TO PAY A LAWYER TO NEGOTIATE WITH BJLAND LO... TECHNICALLY A PRIVATISATION OFFER SHOULD BE MADE WHEN THE PUBLIC SPREAD IS LESSER THAN 25%...THEN VT/BJCORP DONE A DEAL With PENTA TO PURCHASE BJLAND SHARE VIA SHARE SWAPS AT THE PRICE OF $0.38... WHEN THIS OFFER MADE THE PUBLIC SHARE SPREAD ALREADY LESSER THAN 25%...SO IT IS ARGUABLE LEGALLY VT NEEDS TO OFFER MIN OF 0.38 PER SHARE TO BUY THE REMAINING BJLAND SHARES FROM THE PUBLIC... THERE IS A STRONG CASE TO FIGHT HERE IF YOU WANT TO BRING THE DISPUTE TO COURT... =D MY COST IS ABOUT 0.18...WORTH PAYING TEN OF THOUSANDS TO SELL THE SHARES BACK TO VT AT 0.38 LO... =D
stockraider Don be stupid...once bland....suspend...VT will wait 6 mths...then offer u lower rm 0.215 privatization loh.....!!
When u consult Ur lawyer... remember to ask about Section 213 of the Companies Act 2016 (“Companies Act”) (formally section 132 of the Companies Act 1965) provides that directors must: at all times exercise their powers for a proper purpose and in good faith in the best interest of the company; and. exercise reasonable care, skill and diligence when directors of BJCorp/ BJLand made the Penta deal and also include Bursa/SC in Ur suit?
In the meantime... Property companies including BJLand with high-end projects such as Ritz Carlton, The Tropika Bukit Jalil is expected to benefit from Govt's move for HOC starting with Hong Kong/China to be announced with more details in the coming Budget?
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....
shortinvestor77
5,487 posts
Posted by shortinvestor77 > 2019-09-11 12:13 | Report Abuse
He has never sold BJLand. If he sells, malulah. Do you think not shame?