Bursa is a place to feel the meaning of impossible! You still can potentially lose 50% capital even buying at the current rotten price when the bear rear it's ugly face until December this year
So many macais in action 2day? Anyway there will be a response from South Korean Govt's on Berjaya Jeju Compensation before 17 October? before the 3 months deadline to enforce arbitration through the BIT.
"Berjaya Land Berhad (BLB), a subsidiary of Berjaya Group of Malaysia brought an ISDS case against South Korea, claiming damages of KRW 4.4 trillion (around 4.0 billion in USD). According to the Ministry of Justice, Berjaya’s Notice of Intent under the Korea-Malaysia BIT of 1989 was submitted on 17 July, 2019."
On 25 July 2019, the presiding judge requested BJR to submit evidentiary evidence with respect to the total claims by BJR. The next hearing date has been fixed on 19 September 2019.
VT dare to press down until 5 cents becoz for him face and reputation not important. So , we need curse him die only bjland can rebound tp what it should worth.
one of the few , who talk sense here, worth listen to,
unlike many of the BJ gang here, who are just paid staff, spinning their "VT this, VT that tall tales", hahahaha..
LauLau, where are you ???
Sifu, Unorthodox must have taken profit already,...
unorthodox Misleading closing price at 0.195 yesterday! Without a doubt, BJLAND price would test the next support level at 0.180 in a very near future! Let me repeat again: No privatization by VT in short and medium term! 25/09/2019 3:52 AM
releasing 10% n loss money gao gao VS acquiring 5 % at cheap cheap price n then privatise at 38 sen ..which better le..? the most VT will only release is 0.6 % . Dun spread fear.
No need to bother about the noise from VT's macais...just only need to remember Stockraider's advise...now is the time for VT Macais to collect on the low as they also wants to earn money like the Boss?
"I believe VT will still offer a reasonable price substantially higher price than the current price of rm 0.205 loh....but he will get his macai to collect as much as possible cheap cheap instead of buying on the up bland on the up, his macai will accumulate on the down loh...!!
If u have your have bland just hang on loh....try to follow VT macai accumulate on the down, in order to benefit fully on VT privatization play loh..!
Do not despair loh....even Bursa suspend....eventually VT will still offer u an exit privatization price, don forget VT macai also quietly collecting too...they also want to make monies together with his boss loh....!!"
no other corporate rich can buy over if privatization ? Since NTA so high. :) buy liao sell whole company also rich since all say cheap mah. . tipu makan de all...
nta just a rough guide how the company is valued in the case of privatisation or taking over. the trade chart is indeed more and more interesting now. today high volume with price depress , so is a strong sell but also a catching the falling dagger period.
if privatization below price, bursa no rulz open for other party for higher offer incase listed company purposely press down the price and etc play busuk ?
If you observe carefully... BJCorp as 85% majority owner is the ultimate beneficiary in case of Privatisation as its share price has been maintained at 25.5/26 sens level come what may, even with a substantial loss declared for current qtr.! Btw VT only owns about 56% of BJCorp, so whatever happens, the minority will still benefit...
As there is no intention to maintain DeGem's listing status on the Main Market of Bursa Malaysia , the offeror will not address any shortfall in the company's public shareholding spread — currently at 16.91% — at the close of the offer.
Unless otherwise defined herein, the abbreviations used in this announcement is the same as those previously defined in the Announcement.
The Company had on 15 August 2019 submitted an application to seek the approval of Bursa Securities for an extension of time to address and to resolve the non-compliance with public spread requirement.
The Board of Directors of DeGem wishes to announce that Bursa Securities, vide its letter dated 29 August 2019, granted the Company an extension of time of three (3) months until 8 October 2019 to comply with the public shareholding spread requirement.
Based on the Record of Depositors as at 31 July 2019, the public shareholding spread of DeGem is 16.91%, which is below the minimum public shareholding spread requirement.
The Company will use the extension of time granted by Bursa Securities to work on a rectification plan to address the shortfall in the required public shareholding spread. The Company will make the necessary announcements in relation to the status of its effort to comply with the public shareholding spread requirement.
As such, the Company does not comply with the public shareholding spread requirement of 25% pursuant to Paragraph 8.02(1) of the LR of Bursa Securities. The percentage represents a shortfall of 8.09% from the minimum required percentage of 25% of the total listed shares (excluding treasury shares) to be in the hands of public shareholders. DeGem will be applying to Bursa Securities for an extension of time to rectify the shortfall in the public shareholding spread in due course.
As at the date of this announcement, the Company has yet to formulate any rectification plan to address the shortfall in the public shareholding spread requirement.
The Company will make the necessary announcements in relation to the status of its effort to comply with the public shareholding spread requirement.
This announcement is dated 13th August 2019
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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....
kasinathan
967 posts
Posted by kasinathan > 2019-09-25 11:11 | Report Abuse
Wait and see!