Posted by Bettyem > 2018-05-30 10:25 | Report Abuse

于2018年4月向Vinhomes出售24亿令吉的BJland项目以尽快收到款项？

"Vinhomes raises $1.35bn in Vietnam’s biggest share offer"
https://www.ft.com/content/4d260776-51c4-11e8-b3ee-41e0209208ec
https://www.talkvietnam.org/2018/04/vinhomes-uses-1-3-billion-of-gic-investment-to-buy-berjaya-projects/
http://www.4-traders.com/BERJAYA-CORPORATION-BHD-6496990/news/Berjaya-Bhd-Vingroup-acquires-two-mammoth-projects-from-Berjaya-26337046/

Posted by kahhoeng > 2018-05-30 18:22 | Report Abuse

quite frankly, if the vinhome deal is like what's suggested, BJLand and BJCorp share prices won't be at this level. To those having high hope on this, you better contact BJCorp or BJLand investor relation for clarification before investing to protect your investment. The news is goreng for sometime with no price adjustment reflecting this too good to be true deal...

If you have invested believing in something else, that would be a different story...

Posted by kahhoeng > 2018-05-30 18:23 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5809381


Name of Affected Person Date of Transaction Price per share No. of shares acquired


Tan Sri Dato' Seri Vincent Tan Chee Yioun 30.5.2018 RM0.2933 2,000,000


The above shares were acquired through MOL.com Sdn Bhd, a company where TSVT is deemed to have an interest.

Posted by Beza > 2018-05-31 09:16 | Report Abuse

The number of shares for BJLand for daily trading will be lesser and lesser if keep buying by TSVT. One day, he will sapu all.

Posted by Beza > 2018-05-31 09:18 | Report Abuse

kahhoeng , we will see if the deals were recorded in the coming two QRs, one by one.

Posted by shortinvestor77 > 2018-05-31 20:51 | Report Abuse

TSVY continue to upload shares today. We can guess his intention

Posted by shortinvestor77 > 2018-05-31 20:52 | Report Abuse

Hold it tight but can load more if you can afford.

Posted by shortinvestor77 > 2018-05-31 22:17 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5812313

Posted by superbear2020 > 2018-06-04 10:23 | Report Abuse

OMG! Today just open market, but this counter already start to drop ....

Posted by Bettyem > 2018-06-04 11:58 | Report Abuse

BJland在10区出售越南金融中心（VFC）和越南国际大学城（VIUT）
Nguyen Hoai Nam, general director of Malaysia’s Berjaya Viet Nam, told Dau tu (Invesment) newspaper that his company had sold its two projects in the city to another investor. The Viet Nam Financial Centre (VFC) in District 10 and the Viet Nam International University Township (VIUT) in Hoc Mon District have register capital of US$930 million and $3.5 billion.

“We cannot disclose detail information because the two sides are on the discussion and all might finish soon,” he said. The 7ha VFC, licensed in 2008, would have a five-star hotel, apartment and shopping mall. The 925ha VIUT was also licensed in 2008. It needs to build a university on 100ha, while the remaining can be used for commercial, amusement, and residential facilities. Nam said both projects face challenges and have thus been delayed. “Following the sale, work will soon begin.”
http://english.vietnamnet.vn/fms/business/199695/business-in-brief-2-5.html
http://tradingandpsychology.blogspot.com/2018/02/part-2-bjland-could-be-due-for-hugh.html

Posted by kahhoeng > 2018-06-04 17:55 | Report Abuse

Finally, its out!

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=...

Proposed disposal of Berjaya Vietnam Financial Center for RM 154.86 million with an estimated RM 25.1 million losses.

Together with BVIUT disposal, BJLand is also in negotiation to dispose another Vietnamese subsidiary with an expectation to record significant gain and improve consolidated net asset of BJLand.

Posted by kahhoeng > 2018-06-04 19:28 | Report Abuse

http://www.theedgemarkets.com/article/berjaya-land-exits-longdelayed-v...

KUALA LUMPUR (June 5): After nearly a decade of delays in project execution, Berjaya Land Bhd (BLand) decided to call it a day. The property group is divesting its investment in a Vietnamese financial centre project at a loss.

In a filing today, BLand said it is selling off the entire 32.5% of total capital contribution in Berjaya Vietnam Financial Center Ltd (BVFC Ltd) to local firms Vinhomes Joint Stock Co and Can Gio Tourist City Corp for 884.93 billion Vietnamese Dong (RM154.86 million) cash.

BLand said a capital transfer agreement was signed between its subsidiary Berjaya Leisure (Cayman) Ltd (BLeisure Cayman) with the purchasers. BLand’s capital contribution in BVFC Ltd originally amounted to 967.31 billion Vietnamese Dong. “The proposed disposal will result in an estimated loss of about RM25.1 million,” it said.

The multi-billion ringgit Berjaya Vietnam Financial Center (BVFC) project was licensed in 2008, but faced multiple hiccups which hindered the project from being executed. The development, said BLand, would have comprised an office building, five-star hotel, service residences and shopping mall on a 6.64-hectare land located at 3/2 Street, District 10, Ho Chi Minh City, Vietnam.

However, BLand clarified that BVFC Ltd has not commenced operations.

“The consideration for the proposed disposal was arrived at on a willing buyer willing seller basis taking into consideration, amongst others, the business valuation, earnings potential and future prospects of BVFC,” it added. The proposed disposal, said BLand, is subject to the approvals from the Department of Planning and Investment in Ho Chi Minh and any other relevant authority.

BLand said the proceeds will be used by the group for working capital, adding that the proposal is expected to conclude during the second half of this year. Vinhomes, a subsidiary of the Vigroup Joint Stock Co, is involved in real estate trading, consulting, brokerage, auction of real estate and auction of land use rights.

Similarly, Can Gio — a 99.05%-unit of Vinhomes — is also involved in real estate trading, real estate brokerage and real estate services. In relation to the disposal, Vinhomes will also potentially purchase Berjaya Vietnam International University Town One Member Ltd Liability Co (BVIUT) from BLeisure Cayman, having injected capital into the unit and effectively raising its stake in the firm to 99.2%

BLeisure Cayman, which is left with 0.8% stake in BVIUT, plans to dispose of the stake in the near future.

“Together with the proposed BVIUT Disposal, the BLand group is also in negotiations on the potential sale of another of its Vietnamese subsidiaries,” said BLand, but did not elaborate on the details.

“Barring any unforeseen circumstances, the proposed disposals of all these three Vietnamese subsidiaries upon completion are expected to record significant gain and improve the consolidated net assets of BLand,” it added.

Shares of BLand closed unchanged at 31 sen apiece, giving it a market capitalisation of RM1.55 billion.

Posted by sniper8 > 2018-06-04 19:38 | Report Abuse

Huat ah!

Posted by shortinvestor77 > 2018-06-04 20:44 | Report Abuse

Ya, for sure all had been disposed already. Just wait for substantial cash to come back. Announcement has to made upon our complaints to Bursa and minory watchgroup.

Posted by shortinvestor77 > 2018-06-04 20:45 | Report Abuse

Wait for more announcements, piece by piece. In deed, the whole world already knew. Drama!

Posted by Hello99 > 2018-06-04 22:07 | Report Abuse

what is the status of the great wall settlement? another 600m.

Posted by gangnam > 2018-06-04 22:28 | Report Abuse

Lol..don't forget about this..even though Selangor Govt. has appealed last year...I think the judicial review will be upheld in favour of BJland..now that PH is the Federal Government & Selangor no more Pas..the substantial cash coming back could be used to develop more projects?

http://www.theedgemarkets.com/article/berjaya-land-wins-judicial-review-proceed-construction-new-selangor-turf-club

Posted by shortinvestor77 > 2018-06-05 11:51 | Report Abuse

Ambitions in Vietnam

In February 2007, Vincent Tan's Berjaya became the first Malaysian corporation to receive a license to invest and develop real estate in Vietnam. The company's projects spread from the north to the south and carried enormous funding. So far, the company has invested in nine large-scale projects in Vietnam, with a registered capital of $9.98 billion.

The corporation now has controlling stakes in three big hotels: Intercontinental hotel in Hanoi (75 per cent ownership), Sheraton hotel in Hanoi (70 per cent), and Long Beach Resort in Phu Quoc Island (70 per cent).

Berjaya Corporation has a range of other big projects in Vietnam, such as Thach Ban New Urban Zone in Hanoi (also known as Hanoi Garden City, $320 million), Vietnam Financial Center in Ho Chi Minh City ($930 million), five-star hotel/residential/shopping centre complex Bien Hoa City Square ($100 million), and Nhon Trach New City Center ($2 billion). Most recently, the company announced plans to look into resort projects in central Da Nang province.

There is also Saigon Bank Berjaya Securities company (SBBS), a joint venture between Saigon Bank and Ky Hoa Ltd., with a registered capital of VND300 billion ($13.2 million). Berjaya also holds a 49 per cent stake in fund management comnpany Thep Viet Capital, an equivalent of VND24 billion ($1.1 million).

Berjaya also entered a joint venture with several Vietnamese companies, such as Berjaya-D2D Ltd., a JV between Berjaya Leisure (Cayman) Limited (75 per cent ownership), a subsidiary of Berjaya Land Berhad, and Industrial and Urban Development JSC No. 2 (D2D). Another joint venture is Berjaya-Handico12 Ltd, between Berjaya Leisure (Cayman) Limited (80 per cent ownership), a subsidiary of Berjaya Land Berhad, and Hanoi Housing Development and Investment JSC No. 12 (Handico12), where the subsidiary holds20 per cent.

Although entering Vietnam with confidence, Berjaya faces a few challenges, such as a sluggish real estate market, which caused delays in its multibillion-dollar projects Vietnam Financial Center and Vietnam International University Township (VIUT) in Ho Chi Minh City.

Despite owning mega projects, Berjaya does not have good business results. Apartments and villas in Hanoi Garden City did not sell well due to the project’s less-than-ideal location, whereas the $3.5-billion VIUT in Ho Chi Minh City risks having its investment certificate revoked due to delays.

Vietnam Financial Center is still on paper only and has not been started: it is mainly used as a parking lot for nearby restaurants. Meanwhile, Nhon Trach Urban Area had its license revoked by the southern province of Dong Nai one year after the project's announcement because the investor did not start building or applying for an extension of the license.

Berjaya won the bid over five other international companies to become the first foreign investor to tap into Vietnam’s lottery market. Accordingly, Berjaya and Vietnam Lottery One-member Limited Liability Company (Vietlott), the only company in Vietnam allowed to sell computerised lottery, were awarded a $210.58-million contract to exclusively invest in and operate a computerised lottery project in Vietnam for 18 years. The deal was estimated to be worth $210.6 million.

The Vietnamese lottery market is worth about $3 billion. Although a newcomer, Vietlott aims to conquer 30 per cent of the market within a few years, which will bring in billions of dollars in revenue.

Posted by shortinvestor77 > 2018-06-05 11:51 | Report Abuse

Berjaya looks like is going to sell its assets one by one.

Posted by gangnam > 2018-06-05 12:55 | Report Abuse

Lol..don't forget the USD4.2 Billion compensation due from the stopped Berjaya Jeju Korea Project?

http://www.koreatimes.co.kr/www/news/nation/2016/01/116_195432.html

Posted by shortinvestor77 > 2018-06-05 13:34 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5816417

Posted by bennychen > 2018-06-05 15:20 | Report Abuse

Ya...but price same same...

Posted by tw01 > 2018-06-05 15:30 | Report Abuse

Wow...something gonna move..

Posted by abc333 > 2018-06-05 18:41 | Report Abuse

cross trade. coming soon...

Posted by Beza > 2018-06-06 09:08 | Report Abuse

Recently, BLand announced the sale of its entire 70 per cent stake in Berjaya Long Beach Limited Liability Company to Vietnam’s Sulyna Hospitality Hotel Restaurant Travel Service Company Ltd for $14.65 million (MYR65.32 million) in cash.

Read more at: https://www.dealstreetasia.com/stories/malaysias-berjaya-land-sells-vi...

Posted by kahhoeng > 2018-06-07 18:46 | Report Abuse

err... only320,000 BJLand shares are traded today and 220,000 shares are due to VT buying

Posted by shortinvestor77 > 2018-06-08 11:00 | Report Abuse

Right. He was the only person bought.

Posted by Hello99 > 2018-06-08 21:14 | Report Abuse

人生短短几十年 我决定赌身价RM700k来买BJLAND 期待TSVT私有化！！！ 赌一场！！！

Posted by Hello99 > 2018-06-08 21:14 | Report Abuse

就算私有化 20%也是值得的

Posted by shortinvestor77 > 2018-06-09 17:33 | Report Abuse

Posted by Hello99 > Jun 8, 2018 09:14 PM | Report Abuse

人生短短几十年 我决定赌身价RM700k来买BJLAND 期待TSVT私有化！！！ 赌一场！！！

This is not a bet. I think this is really a good investment!

Posted by Hello99 > 2018-06-10 09:46 | Report Abuse

let's see.

Posted by 1y0099 > 2018-06-13 20:09 | Report Abuse

BJLAND私有化,how target price?

Posted by shortinvestor77 > 2018-06-13 20:13 | Report Abuse

NTA is 0.86.

Posted by shortinvestor77 > 2018-06-13 20:14 | Report Abuse

When money come back from Vietnam and China, it will worth more than NTA.

Posted by gangnam > 2018-06-14 11:18 | Report Abuse

Lol...BJland holds 540 mil shares in BJtoto, representing equity interest of 40%. The 40% stake is worth RM1.37 billion based on BJtoto's today price of RM2.54.

Based on BJtoto's curent market capitalization of 1.55 billion.. don't tell me the rest of BJland assets only worth 180 million?

https://klse.i3investor.com/blogs/icon8888/99940.jsp http://www.theedgemarkets.com/article/berjaya-sports-toto-3q-net-profit-24-pays-4-sen-dividend

All these assets in Vietnam also belongs to BJland?

1. Berjaya University Vietnam (BVIUT) Project
In February this year (2018), Berjaya transferred a 99.2% stake in Berjaya Vietnam International University Ltd to Vinhomes, totaling VND11,748 billion equals RM2,054,666,460

This project was licensed in July 2008, 5 months after BVFC. As planned, Berjaya will build BVIUT on an area of ​​925 hectares in Tan Thoi Nhi commune, Hoc Mon district with a total investment of $ 3.5 billion. The representative of the Malaysian Group said the company is also in the process of negotiating a divestment in another project in Vietnam, but did not specify which project and which partner.

2. This mysterious project? which is unfinished...
Berjaya contributed 75% capital to Joint Development Industrial City 2 (D2D) established Berjaya - D2D Limited. Berjaya-D2D is implementing Bien Hoa City Square project in Bien Hoa City, Dong Nai.

The project has a total investment capital of US$230 million or RM919,379,000, covering an area of ​​2.6 ha, including a five-star hotel, Bien Hoa City Mall, 20-storey office building and Topaz Twins and Amber luxury apartments. Court. Berjaya - D2D has completed Amber Court and sold 100% of its units. New Topaz Twins started work on January 13.
https://vietnambiz.vn/berjaya-con-lai-gi-sau-khi-ban-2-du-an-ty-do-cho-dai-gia-viet-56171.html

Posted by shortinvestor77 > 2018-06-14 12:15 | Report Abuse

Yes, it belongs to BJLand indeed.

Posted by bennychen > 2018-06-14 13:11 | Report Abuse

That is the reason why TSVT is holding almost 80% shares of BJL.Perhaps this is the hidden treasure kept by him so quietly and so long.....

Posted by shortinvestor77 > 2018-06-15 09:31 | Report Abuse

https://www.propertyguru.com.my/property-news/2018/6/172638/berjaya-corporation-adds-a-touch-of-luxurious-elegance

Posted by shortinvestor77 > 2018-06-15 09:37 | Report Abuse

Ritz-Carton Residences in Kuala Lumpur.

With prices starting from MYR2.71 million, the global hospitality brand’s first residential property in Malaysia clearly targets high-net-worth-individuals and boasts the onsite facilities to match. Amenities include the Sky Lobby, complete with an outdoor garden terrace and pool, fitness centre and spa treatment rooms. Privacy is also prioritised. Each residence has its own exclusive lift and floor-to-ceiling windows with layouts that maximise the space and views.

Housed in the prestigious Berjaya Central Park building, the luxury appointed 228 units have been fitted out by world-renowned interior design firm Peter Silling & Associates. The integration of green features has also been carefully considered.

“The use of low volatile organic compounds paints to reduce health hazards and carbon dioxide exchange, installation of energy-conserving lifts, voltage-modulated temperature controls and heat and noise insulated double-glazed structural glass make this upscale project a deserved winner of Best Green Development (Malaysia),” according to the Awards’ judges.

The Residences benefits from one the Kuala Lumpur’s most choice locations. Its neighbours include the corporate business and commercial centre, premium shopping districts,

international hotels, world-renowned tourist and entertainment centre, as well as cultural and historical districts.

Consumers can expect to hear more from the super luxury property’s developers in the coming months as Berjaya Land gears up to launch of mixed-use project The Tropika and the four-tower condominium development The Botanika, both in Bukit Jalil, as well as the Shah Alan-Based MYR650 million Timur Bayu.

Posted by Sebastian Sted Power > 2018-06-19 10:17 | Report Abuse

Old fox Tan target enter Top10 malaysia Forbes list again. We will huat also.. hahahah!

Posted by Sebastian Sted Power > 2018-06-19 10:22 | Report Abuse

https://www.forbes.com/malaysia-billionaires/list/#tab:overall

But seem like need Viagra only ca climb from 25th to Top10

Posted by shortinvestor77 > 2018-06-22 21:29 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5833221

Posted by shortinvestor77 > 2018-06-22 21:31 | Report Abuse

TSVT prefers BJLand. Buy it from time to time.

Posted by issac99289928 > 2018-06-25 17:00 | Report Abuse

http://malaysiandigest.com/frontpage/29-4-tile/744052-guess-who-became-a-shareholder-of-one-of-ecrl-contractors-after-ph-wins-election-a-timely-coincidence.html

all VT's stocks will be in uptrend soon.

Posted by Sebastian Sted Power > 2018-06-26 09:28 | Report Abuse

my grandfather told me the only way you can earn money from Vincent Tan is go toto buy 4D. Bet RM1 can win RM2500 if buy Vincent Tan's berjaya group counter will lose RM2500. hAhahaahah

Posted by Beza > 2018-06-27 09:25 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5835989
Buy and buy. Must well take over the remaining shares about 20%.

Posted by freetospeak > 2018-06-27 16:14 | Report Abuse

Did i c wrongly no lot done today for bjland..lol

Posted by kahhoeng > 2018-06-27 17:43 | Report Abuse

Err... a quarterly loss of 76.4 million and yearly loss of 189.5 million for FY 2018

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5836977

1 Revenue
1,585,027 1,676,859 6,365,275 6,371,366

2 Profit/(loss) before tax
-19,394 111,121 71,112 576,321

3 Profit/(loss) for the period
-76,486 72,201 -123,626 411,221

4 Profit/(loss) attributable to ordinary equity holders of the parent
-92,148 88,573 -189,525 294,738

5 Basic earnings/(loss) per share (Subunit)
-1.85 1.78 -3.80 5.91

Posted by kahhoeng > 2018-06-27 19:27 | Report Abuse

well, at least BJLand is expecting a better next year from the Vietnam project disposal and removal of GST...

http://www.theedgemarkets.com/article/berjaya-land-ends-fy18-red-forex...

For the full year, Berjaya Land fell into the red with a net loss of RM189.53 million, versus a net profit of RM294.74 million in FY17, though revenue only fell marginally to RM6.365 billion from RM6.371 billion.

“In spite of the comparable revenue, the group registered a significantly lower pre-tax profit for the current year under review, mainly due to impairment made on certain available-for-sale investments, assets held for sale and property, plant and equipment amounting to approximately RM223.8 million,” said the group.

There was also a lower share of profits from its associated companies. It noted Berjaya Kyoto Development (S) Pte Ltd sold lower number of units at its Four Season Residences during the year.

In addition, Berjaya Land had also recognised a one-off gain in FY17 on settlement for surrendering certain assets and lease interest by a subsidiary to the relevant authorities, which amounted to RM184.6 million.

Going forward, the group expects the interim tax holiday following the zero rating of the goods and services tax (GST) to augur well for the group, especially its hotels and resorts business, though it expects the property market to remain lukewarm.

The group also expects to record a significant gain upon the successful disposal of Berjaya Vietnam International University Town One Member Limited Liability Company (BVIUT), and another Vietnam subsidiary, in due course.

At market close today, shares in Berjaya Land slipped one sen to settle at 29 sen, valuing the group at RM1.5 billion.

Posted by gangnam > 2018-06-27 19:50 | Report Abuse

Lol...if u observe carefully..most of the so called "losses" were due provisions for impairment for assets/ quoted equity/ reversal of impairment of gaming rights.. which can be reversed in subsequent quarters "hence the so called Magic Accounting" practised by Vt?

For BJcorp the profit treatment may be different, as BJcorp sold an 85% stake in DSG Holdings Ltd, comprising 8.5 million shares, for RM265.99mil in cash and expected a RM108.29mil pre-tax gain to be recognised in this coming quarter (as DSG disposal has been completed on 25 June 2018)
http://www.malaysiastock.biz/Company-Announcement.aspx?id=1067955
https://www.thestar.com.my/business/business-news/2018/03/07/berjaya-corp-sells-entire-dsg-stake-for-rm266mil/
https://klse.i3investor.com/servlets/staticfile/332837.jsp

Refer A3, provision of impairment on assets held for sale of RM60,345,000 (which can be reversed in subsequent quarters), B5 - (Loss)/Profit before tax is stated after charging Impairment of available-for-sale of quoted equity investments RM16,850,000; Impairment loss on assets held for sale RM30,246,000 ; Impairment of property, plant and equipment RM11,818,000 , Note B6 - Taxation charges of RM57,092,000 (The disproportionate tax charge of the Group for the financial quarter and year ended 30 April 2018 was mainly due to certain expenses being disallowed for tax purposes, the non-availability of the Group tax relief in respect of losses incurred by certain subsidiary companies and the resultant additional deferred tax arising from the reversal of impairment of gaming rights.

RM'000
Revenue 1,585,02
Net Operating Expenses (1,508,711)
Profit from Operations, *Note A3 76,316

* Note A3 - Investment related (expenses)/income (44,218)
Share of results from associated companies (4,982)
Share of results from joint ventures (624)
Finance costs (45,886)

* Note B5 (Loss)/Profit Before Tax (19,394)
* Note B6 Taxation (57,092)

(Loss)/Profit Net of Tax (76,486)

Attributable To:
- Owners of the parent (92,148)
- Non-controlling interests 15,662