BERJAYA LAND BHD

KLSE (MYR): BJLAND (4219)

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Last Price

0.325

Today's Change

0.00 (0.00%)

Day's Change

0.315 - 0.325

Trading Volume

1,900,600


3 people like this.

12,378 comment(s). Last comment by Royce Chan 3 days ago

Anaconder

1,031 posts

Posted by Anaconder > 2020-07-30 11:49 | Report Abuse

Look like coming lol !!!, top up quick

tahong

536 posts

Posted by tahong > 2020-07-30 11:50 | Report Abuse

Can sailang mah ??

wantanmi

309 posts

Posted by wantanmi > 2020-07-30 11:57 | Report Abuse

Yup!...update on legal proceeding announced today on Settlement Ageement on Jeju Compensation with JDC on 23 June 2020 announce today. JDC to pay BJLand RM444 million as compensation incurred as JV partner of JDC and RM363.19 nett of relevant taxes & expenses as compensation for JVA Damages & Land SPA. Total compensation from Jeju Project RM807 million!

https://www.klsescreener.com/v2/announcements/view/3184783

Anaconder

1,031 posts

Posted by Anaconder > 2020-07-30 12:14 | Report Abuse

By now VT could have collected ard 86 % BJ.LD. I am very cock sure he will go for GO .if not why he keep buying ? VT eyes big money in BJ Land lol !!!!

Anaconder

1,031 posts

Posted by Anaconder > 2020-07-30 12:17 | Report Abuse

Buy more before the sudden announcement

hng33

20,157 posts

Posted by hng33 > 2020-07-30 12:27 | Report Abuse

sold all bjland at 19.5sen, swap all to supermax

Sansing

1,028 posts

Posted by Sansing > 2020-07-30 12:28 | Report Abuse

My sixth sense is telling me somethings good news are coming

sonata18

87 posts

Posted by sonata18 > 2020-07-30 12:31 | Report Abuse

Run. It is a trap.

wantanmi

309 posts

Posted by wantanmi > 2020-07-30 12:43 | Report Abuse

Yup! More cash coming soon.

MALAYSIA
Malaysian group wins claim against Chinese company

Beijing SkyOcean was ordered by a HKIAC tribunal to pay almost (RM594 million) US$ 140 million to a subsidiary of Malaysian group Berjaya Land (BL Subsidiary). The guarantors of Beijing SkyOcean –Zhou Zheng and another company he owns, SkyOcean Group Holdings– were hold jointly and severally liable with Beijing SkyOcean for the amounts due.

The dispute relates to the purchase of the Berjaya (China) Great Mall Recreation Centre by Beijing SkyOcean from the BL Subsidiary in 2016 for approximately US$ 290 million. Half of thb) e purchase price was paid in advance, while the rest was to be paid in 2017. Then upon the failure of Beijing SkyOcean to pay the second instalment, the BL Subsidiary initiated its claim against the Beijing SkyOcean in 2018."

https://www.garrigues.com/en_GB/new/international-arbitration-newsletter-june-2020-regional-overview-asia-pacific

gangnam

753 posts

Posted by gangnam > 2020-07-30 14:42 | Report Abuse

Lol...Uncle Lim has done good and now Topglove is Topdog in Bursa!...surely Uncle Tan can do the same as belly already full of cash?

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2020-08-01 10:27 | Report Abuse

"Why should I pay high to privatise it?" Trading play at best.

stockraider

31,556 posts

Posted by stockraider > 2020-08-01 11:20 | Report Abuse

Pay better price to privatise bland bcos bcorp will make alot of profit privatizing bland mah....!!

Posted by Jeffreyteck > Aug 1, 2020 10:27 AM | Report Abuse

"Why should I pay high to privatise it?" Trading play at best.

Anaconder

1,031 posts

Posted by Anaconder > 2020-08-05 00:16 | Report Abuse

Want to make money ,u must live longer than VT lol !!!!

stockraider

31,556 posts

Posted by stockraider > 2020-08-05 08:02 | Report Abuse

Just buy loh....!

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-08-05 17:25 | Report Abuse

Pulse less. ICU!

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-08-05 17:32 | Report Abuse

Why should I pay high for privatisation? Trading play at best when ICU?

kahhoeng

3,937 posts

Posted by kahhoeng > 2020-08-06 10:53 | Report Abuse

If there is one reason bcorp is paying a high price to privatise bland, it would be because VT is holding a large number of bland shares at his own capacity

kahhoeng

3,937 posts

Posted by kahhoeng > 2020-08-06 10:54 | Report Abuse

The only worry would be the offer is only extended to VT but not other minorities while bursa and SC keeping a silent mouth

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-08-06 11:17 | Report Abuse

ICU likely.

Eric Lim

508 posts

Posted by Eric Lim > 2020-08-06 17:44 | Report Abuse

Kahhoeng don't make people laugh ok, how can someone pay oneself to privatised it's own company and ignore the minorities?

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-08-06 18:53 | Report Abuse

My guess is both bjcorp and VT are pawning bjland shares to banker for launching mega projects.and neglected minority shareholders interest by no paying dividends and continuing let's the shares price unsustainable.

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-08-06 19:24 | Report Abuse

Using company money bought owns subsidiary shares and maybe pawning again.

kahhoeng

3,937 posts

Posted by kahhoeng > 2020-08-07 17:17 | Report Abuse

Eric Lim, BCorp offered to buy from Penta and VT earlier at 0.60 (or slightly higher?) before that's not extended to other minorities, go check Bursa...

Eric Lim

508 posts

Posted by Eric Lim > 2020-08-07 23:57 | Report Abuse

You mentioned about privatization isn't it?

kahhoeng

3,937 posts

Posted by kahhoeng > 2020-08-08 09:47 | Report Abuse

Eric Lim, there's an earlier transaction before the one you are mentioning here, read the following:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=2631793

On behalf of the Board of Directors of BCorp, Maybank Investment Bank Berhad wishes to announce that BCorp and Juara Sejati Sdn Bhd, a wholly-owned subsidiary of BCorp, have today entered into separate conditional share sale agreements with Tan Sri Dato’ Seri Vincent Tan Chee Yioun and Penta Investment Advisers Limited for the Proposed Acquisition.

Eric Lim

508 posts

Posted by Eric Lim > 2020-08-10 14:39 | Report Abuse

that's great, lets hope they will privatize the company for the same price!

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-08-10 15:38 | Report Abuse

kahhoeng last hope from you Eric Lim since you are big supporter or related to VT , now broken ready. Trading continuing oversold waiting stimulant packages for long time that's seem nothing gonna to happen besides privatisation or delisted. Well done! Eric Lim.

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-08-10 15:47 | Report Abuse

https://youtu.be/7ans5aerPe4

Eric Lim

508 posts

Posted by Eric Lim > 2020-08-11 00:09 | Report Abuse

wow that's scary

Anaconder

1,031 posts

Posted by Anaconder > 2020-08-11 11:12 | Report Abuse

Buy n hold tight .Do not let VT buy till 90%.More than 90 we don"t have bargain power. ok

Anaconder

1,031 posts

Posted by Anaconder > 2020-08-11 11:22 | Report Abuse

If u have make a lot money few days ago , can sailang tis counter lol ! Privatization not far from now
11/08/2020 11:16 AM

Leong1982

544 posts

Posted by Leong1982 > 2020-08-14 10:07 | Report Abuse

BJCorp Singer deal is aborted, boss is gonna privatise BJLand???

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2020-08-14 16:09 | Report Abuse

Strong support at this level for few months. No chance to privatise at a lower cost.

miniminer

503 posts

Posted by miniminer > 2020-08-23 17:48 | Report Abuse

Expect special devidend this quarter, some good news else no excitement, people also tired of comments liao.......hehehe....................

firehawk

4,782 posts

Posted by firehawk > 2020-08-26 22:10 | Report Abuse

mati !

Eric Lim

508 posts

Posted by Eric Lim > 2020-08-26 22:24 | Report Abuse

run ....

Eddysurge

2,057 posts

Posted by Eddysurge > 2020-08-26 23:06 | Report Abuse

Don't need to run lah! Waiting Eric privatisation.

Timercheng

733 posts

Posted by Timercheng > 2020-08-27 10:54 | Report Abuse

Chipet counter

Sansing

1,028 posts

Posted by Sansing > 2020-08-27 11:14 | Report Abuse

A lot of rotten stocks go up to sky, tis counter still sleeping ..
Timercheng ,u r right to call tis ctr "CHIPET"

RockerArm

542 posts

Posted by RockerArm > 2020-08-27 11:42 | Report Abuse

A lot of uncles n unties kena con

kahhoeng

3,937 posts

Posted by kahhoeng > 2020-08-28 18:25 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3083854

Reference is made to the earlier announcements of Berjaya Land Berhad (“BLand”) dated 6 November 2015, 23 March 2016 and 30 June 2020 in relation to the JDC Lawsuit.
The Board of Directors of BLand wishes to announce that the resolution of the JDC Lawsuit involving the settlement of all claims and disputes in relation to the Project (“Settlement”) has been completed today and accordingly, BJR ceased as a subsidiary of the BLand Group.
The Settlement sum after taxes and expenses is about KRW102.1 billion (equivalent to about RM361.0 million). The BLand Group is expected to record an estimated gain of RM59.1 million during this current financial year ending 30 June 2021.
BLand proposes to utilise the net cash proceeds from the Settlement in the following manner:
(i) KRW51.1 billion (equivalent to RM180.5 million) to repay part of the existing bank borrowings of the BLand Group; and
(ii) the remaining sum to fund its overseas projects and for working capital of the BLand Group.
This Announcement is dated 28 August 2020.

simon2020

441 posts

Posted by simon2020 > 2020-08-28 21:46 | Report Abuse

Reduction in RM180.5M bank borrowings means less provision for loan expenses to increase future profit. Also balance of RM180 million cash goes a long way as working capital to earn more profit?

Since BJCorp already announced dividend in specie of 40 shares for every 1k shares held, will BJLand do the same with its Treasury Shares or better, declare its 40% shareholding in BJToto as dividend for BJLand shareholders?

Eric Lim

508 posts

Posted by Eric Lim > 2020-08-31 22:17 | Report Abuse

Crazy idea

firehawk

4,782 posts

Posted by firehawk > 2020-09-01 07:29 | Report Abuse

all are eager for dividend ... vt knows what to do!
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GIVES AN ON HEAD HAMMER!

firehawk

4,782 posts

Posted by firehawk > 2020-09-01 07:30 | Report Abuse

to wake them up!

Leong1982

544 posts

Posted by Leong1982 > 2020-09-01 10:08 | Report Abuse

Share dividend won't be given to BJLand miniorities.
Susah susah accumulate then easily give to us? Don't dream!

Posted by sailang_now > 2020-09-01 10:52 | Report Abuse

Why not? BJCorp already owns 76% and balance held by TSVT associates & minority.. cheaper way to immediately monetize BJLand assets as machais already accumulated so much shares mah!

kahhoeng

3,937 posts

Posted by kahhoeng > 2020-09-02 08:40 | Report Abuse

Deadline is fast approaching on the liquidity issue, wonder what's BCorp plan?

wantanmi

309 posts

Posted by wantanmi > 2020-09-02 09:34 | Report Abuse

Yup! Looking good..since BJCorp is giving out its 7-8% treasury shares as dividend shares to shareholders...BJCorp has room to issue additional shares like Penta deal for share swap exercise with BJLand minority by next Qtr to address liquidity issue meeting Bursa 20% PSS?

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