http://www.bursamalaysia.com/market/listed-companies/company-announcements/590785 The Board of Directors of Berjaya Capital Berhad ("BCap" or "Company") wishes to announce that pursuant to paragraph 8.15(1) of the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the public spread of BCap is 19.77% as at 25 July 2007. As such, BCap did not comply with the required 25% public spread pursuant to paragraph 8.15(1) of the Bursa Securities Listing Requirements. In view of the above, BCap is not taking any action to rectify its non-compliance of the public spread under paragraph 8.15(1) of the Bursa Securities Listing Requirements.
Getting excited over VT purchased of 600K shares on 30/9 & 1/10? Is VT a generous guy who will help the minority shareholders of BJLAND and BJCORP? What does history tell us?
I hold BJCORP too.... Don't like share swap... Too much shares in both counters... It will further dilute BJCORP share value although NAPS will increase.. Better offer cash...
I am BJCorp shareholder too, what's offered to Penta must be offered to minorities, and to compensate the delayed offer to minorities another 0.05 - 0.20 special dividend/compensation should be considered seriously. To those not willing for the exchange, probably a similar cash deal can be structured. Meanwhile, since BJCorp is so dirt cheap compared to its NTA, BJCorp can always buy back and have them cancelled.
too much process?!? I don't see that an issue when BJCorp offering it to Penta lately, or another offer before this Penta's deal, which is offered to Penta + VT earlier...
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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....
freetospeak
5,867 posts
Posted by freetospeak > 2019-10-02 15:06 | Report Abuse
bjcorp drop to 0.235 means VT privatising at 30 sen. according to penta 0.38 to bjcorp 0.30 ratio.