Posted by TheContrarian > 2022-06-15 20:03 | Report Abuse

Who attacking?

Posted by ignissimia > 2022-06-17 00:24 | Report Abuse

Off-market transaction done on 15 June 2022 involving 140 million shares at 22 sens per unit.

Posted by ignissimia > 2022-06-17 00:28 | Report Abuse

Value of transaction : RM30.8 million

Posted by ignissimia > 2022-06-17 00:55 | Report Abuse

About time we see some action, hopefully of the positive kind. VT is the contrarian type, when markets are falling around your ears, his counter flies big time. Hoping, cautiously.

Posted by Bettyem > 2022-06-18 14:26 | Report Abuse

6 月 15 日从 VT 以每股 22 美分的价格购买 140,000,000 股股票的大买家是谁？
当 bjasset 已经 28.5 美分时，为什么 bjland 这么便宜？

Posted by kahhoeng > 2022-06-19 09:17 | Report Abuse

what's so impressive about the deal? If I were not wrong, BJCorp bought the last batch of BJLand shares at 0.38 per share through issuance of BJCorp shares, and BJCorp is selling BJLand at 0.22 per share? BJCorp a philanthropist gifting whom???

Posted by kahhoeng > 2022-06-19 09:19 | Report Abuse

thinking about writing to SC to investigate into this...

Posted by Sslee > 2022-06-19 09:37 | Report Abuse

VT instead of using Bjcorp to offer VGO to take over Bjland as promised by former CEO Jalil is now going backward to sell Bjland to comply with the public shareholders spread of 80%.

Posted by skynet2000 > 2022-06-19 09:57 | Report Abuse

Another 140 million to sell, beside for Bj Land. Once Sport Toto was sold, debts will be settled.
New show is when the said sales is on.

Posted by simon2020 > 2022-06-19 21:23 | Report Abuse

After sale of STM, Bjland will be cash rich as 40% STM owned by Bjland & halal compliant to focus on Hotel REIT & property development? Wondering who bought VT's 140M shares at 22 cents. Johor Royalty still owns shares in Bjasset thats why still high at 28.5 cents eventhough making loses. Interestingly Johor Sultan just appointed son as Regent to take a rest from Royal duties to focus on biz interests?
https://investingmalaysia.com/shareholder-dymm-sultan-ibrahim-johor/

Posted by skynet2000 > 2022-06-19 21:24 | Report Abuse

Is the 140 mil shares translate, and part of strategic partner purchase?
Will the partner further buy another 140 mil?
Then will appear to be major share holder, >5%.
Will the new partner enjoy the windfall of disposal of 40% STM?
Interesting story to follow.

Posted by bulldog > 2022-06-29 16:46 | Report Abuse

Bjasset bjland Rally


Huat chaiii

Posted by kahhoeng > 2022-06-30 20:38 | Report Abuse

it's just a MOU... Unless it's announced a deal that'll benefit both Sabah state and BJLand in the long run, guess the impact is minimal. It would be great to have SC investigating into who's buying into the 140 mil and the rationale behind BJCorp's disposal at loss.

Posted by simon2020 > 2022-07-01 11:19 | Report Abuse

Second half of 2022 already here. VT may announce something exciting for BJLand? Also BJCorp's 140m loss from sale of BJLand maybe to a new strategic partner like Johor Royalty in preparation for STM sale & listing of Hotel REIT in Singapore according to VT's plans. Also VT's sale of 103m shares in BJCorp to cash out money to invest in more BJLand shares? That's why there is sudden spike in buying lately?
"The owner of Icelandair hotels is Berjaya Land Berhad. The sales agreement with Icelandair was finalized at the beginning of 2021, but the first part of the contract went through already in 2019. The chairman of the board of directors in Iceland is Tryggvi Þór Herbertsson.

The company will introduce rebranding and name changes to the parent company and the Icelandair Hotels chain in the second half of 2022."

Posted by simon2020 > 2022-07-01 22:43 | Report Abuse

The ball has started rolling?
2022-07-01
BJCorp Board Member
Non Executive Director Appointment - TUNKU TUN AMINAH BINTI SULTAN IBRAHIM ISMAIL on 01-Jul-2022.
https://www.klsescreener.com/v2/news/view/1012601

Posted by ocbc > 2022-07-05 12:10 | Report Abuse

long long term investment

Posted by simon2020 > 2022-07-06 06:30 | Report Abuse

What magic is this? Is it a mistake or true that BJCorp has secretly transferred 60% of its BJLand shares to another strategic partner? According to Simply Wall St., BJCorp now only left with 19.7% shares in BJLand from 79.7% previously as of 15 June, 2022.
https://i.postimg.cc/jd0fphgF/IMG-20220705-235031.jpg

Posted by bulldog > 2022-07-07 06:55 | Report Abuse

Accumulation in progress


Huat chaiii

Posted by firehawk > 2022-07-07 08:38 | Report Abuse

when to sell sport Toto? .... already changed the name months ago .....

Posted by Eric Lim > 2022-07-07 12:25 | Report Abuse

better distribute toto share as dividend to shareholders

Posted by firehawk > 2022-07-09 01:04 | Report Abuse

BJ Land holding BERJAYA SPORTS TOTO BERHAD
Direct (units) 221,528,997
Direct (%) 16.4890
Indirect/deemed interest (units) 323,718,874
Indirect/deemed interest (%) 24.0950
Total no of securities after change 545,247,871
Date of notice 6-Jan-21

For the direct holding portion, each BJ Land contains 0.044 SToto share, equivalent to 8sen per share (assume SToto@1.80)

Posted by Bettyem > 2022-07-14 06:22 | Report Abuse

https://www.thestar.com.my/business/business-news/2017/09/29/bland-to-lift-stake-in-singapore-medical-services-firm-to-34pt3-pc

Posted by Bettyem > 2022-07-14 06:25 | Report Abuse

Bjland to list Singapore Instute of Advanced Medicine in Singapore?
https://www.klsescreener.com/v2/news/view/1017367

Posted by roundcateye > 2022-07-15 22:01 | Report Abuse

Curious. The SIAMH's announcement was made on BJCorp but not BJLand. Berjaya Leisure has been secretly transferred to BJCorp? Who owns Berjaya Leisure? Urgently need investigation.

Posted by roundcateye > 2022-07-15 22:07 | Report Abuse

Based on the annual report 2019, Berjaya Leisure was still under BJLand. " On 1 March 2019, BLand announced that TPC Development Ltd (“TPCDev”), a wholly-owned subsidiary company of Berjaya Leisure (Cayman) Limited (“BLCL”), which in turn, is a wholly- owned subsidiary company of BLand..... page 11"

Posted by roundcateye > 2022-07-15 22:08 | Report Abuse

If the report is correct, then someone could be quietly transfering the shares of SIAMH to BJCorp........

Posted by roundcateye > 2022-07-15 22:19 | Report Abuse

Based on the BJLand financial report 2017 ( https://docplayer.net/228105985-Berjaya-land-berhad-company-no-a-table-of-contents-condensed-consolidated-statement-of-financial-position-1-2.html ), BJLand was still holding the share of SIAMH. Really curious why no announcement being made by BJLand.

Posted by roundcateye > 2022-07-15 22:20 | Report Abuse

I hope is not VT magic show.

Posted by skynet2000 > 2022-07-15 23:31 | Report Abuse

BjLand hold 34.6% SIAMH, as an associate company; however plus BjCorp other subsidiary holding shares up to 51%, made SIAMH become subsidiary company of BjCorp. Therefore, announcement made at Bj Corp instead of Bj Land.

Posted by simon2020 > 2022-07-16 09:49 | Report Abuse

Thxs for clarifying. So BJLand holds 34.6% in SIAMH and BJCorp holds another 51%. Once listed BJLand should also benefit right? Btw can anybody clarify how come BJCorp's holding in BJLand dropped to 19.7%, a drop of 74% from 79.7 previous. There were no announcement yet, apart from the 140m shares which BJCorp sold in direct biz transaction. Refer screenshot from Simply Wall St.
https://i.postimg.cc/bYTbDXQT/Screenshot-20220716-091631-1.jpg

Posted by roundcateye > 2022-07-16 10:46 | Report Abuse

Thanks for the info. Not sure why VT still have no desire to privatize BJLand? He should have holding about 90 to 95% of the stock (including many that have been transferred undisclosed party) by now. What is he waiting?

Posted by skynet2000 > 2022-07-16 13:09 | Report Abuse

@simon2020, It is not as you thought, BjLand holds 34.6%, plus Bj Corp holds 16.4% (via other subsidiaries), total is 51.0%. Not 16.4% + 51.0% = 67.4%.

Posted by skynet2000 > 2022-07-16 13:15 | Report Abuse

@simon2020, we shall always follow the announcement from Bursa;
or refer to Bj Land Portal , -> Investor Relations -> Bursa announcement, -> 5. Changes in shareholding.
There always give the first hand information on share changes.
I believe the screenshot from Simply Wall St. may have error, or only pick up partial of holding of Bj Land shres.

Posted by skynet2000 > 2022-07-16 13:16 | Report Abuse

Circumstances by reason of which change has occurred Deemed interested by virtue of its 100% equity interest in Berjaya Group Berhad, the holding company of Teras Mewah Sdn Bhd
- Disposal of shares via direct business transaction
Nature of interest Deemed Interest
Direct (units) 374,500,000
Direct (%) 7.611
Indirect/deemed interest (units) 3,354,422,496
Indirect/deemed interest (%) 68.172
Total no of securities after change 3,728,922,496
Date of notice 15 Jun 2022
Date notice received by Listed Issuer 17 Jun 2022

Posted by skynet2000 > 2022-07-16 13:16 | Report Abuse

Remarks :
Indirect Shareholdings No. of shares
------------------------------ --------------------
1) Berjaya Group Berhad 105,786,400
2) Teras Mewah Sdn Bhd 969,288,914
3) Juara Sejati Sdn Bhd 1,399,360,850
4) Bizurai Bijak (M) Sdn Bhd 606,686,220
5) Prime Credit Leasing Berhad 14,528,532
6) Inter-Pacific Capital Sdn Bhd 81,000,000
7) Inter-Pacific Securities Sdn Bhd 100,000,000
8) Rantau Embun Sdn Bhd 40,000,000
9) Berjaya Sompo Insurance Berhad 35,771,580
10) Redtone Digital Berhad 2,000,000
---------------------
3,354,422,496
=============

Posted by skynet2000 > 2022-07-16 13:18 | Report Abuse

Circumstances by reason of which change has occurred Deemed interested by virtue of his interest in Berjaya Corporation Berhad, the ultimate holding company of Teras Mewah Sdn Bhd
- Disposal of shares via direct business transaction
Nature of interest Deemed Interest
Direct (units) 75,892,400
Direct (%) 1.542
Indirect/deemed interest (units) 3,994,770,372
Indirect/deemed interest (%) 81.186
Total no of securities after change 4,070,662,772
Date of notice 15 Jun 2022
Date notice received by Listed Issuer 17 Jun 2022

Posted by skynet2000 > 2022-07-16 13:22 | Report Abuse

Latest at 17-06-2022, VT still holds 1.542% + 81.186% = 82.728% of Bj Land shares.
Need to dispose at least 2.8% to meet the public spread barrier.
I believe this move is in the pipeline, as the hanging public spread on Bj Land have held back the retailers interests on Bj Land.
It is not good for Bj Land, and effect on Bj Corp too.

Posted by skynet2000 > 2022-07-16 13:57 | Report Abuse

@roundcateye,
The criteria of MGO of the market float is of, 90% acceptance from the market retailers.
For Bj Land scenario, Bj Corp have to recover at least 90% of the balance 15% shares from the retailers; which means if 1.5% of retailer not accepting the offer, the MGO will fail.
1.5% of Bj Land is equal to 75 million shares, if any sizable player set the barrier, the MGO will hang.
Believe VT's Think Tank have study and brief VT that the chance to get MGO pass may not be very high.
Therefore, MGO does not take place till now.

Posted by skynet2000 > 2022-07-16 14:03 | Report Abuse

Presently VT have revert the game play, he dispose off the 140mil shares to "friendly party" or "Proxy Player".
with one more round of 140mil shares disposal, Bj Land will back to liquitable position.
Then MEGA plans could be in place immediately afterward.
As what have been happened on Bj Land, at 2008, after price boosted, only declares plenty of MEGA projects at oversea.

Posted by roundcateye > 2022-07-16 15:22 | Report Abuse

Hehe. Offer the price RM1, VT will get 100% acceptance anytime. : )

Posted by simon2020 > 2022-07-17 00:51 | Report Abuse

Thxs for the info. Looks like Teras Mewah with 969M & Bijurai Bijak with 607M holds the most shares in BJLand. Anybody has more details of these companies? I believe Teras Mewah is an unlisted subsidiary of BJCorp? Direct shares of BJCorp/BJGroup only 106M in BJLand? I believe Simply Wall St only took cognizance of BJCorp's direct shares of 106M in BJLand?

@skynet2000
Remarks :
Indirect Shareholdings No. of shares
------------------------------ ----------
1) Berjaya Group Berhad 105,786,400
2) Teras Mewah Sdn Bhd 969,288,914
3) Juara Sejati Sdn Bhd 1,399,360,850
4) Bizurai Bijak (M) Sdn Bhd 606,686,220
5) Prime Credit Leasing Berhad 14,528,532
6) Inter-Pacific Capital Sdn Bhd 81,000,000
7) Inter-Pacific Securities Sdn Bhd 100,000,000
8) Rantau Embun Sdn Bhd 40,000,000
9) Berjaya Sompo Insurance Berhad 35,771,580
10) Redtone Digital Berhad 2,000,000
---------------------
3,354,422,496
=============

Posted by simon2020 > 2022-07-17 09:58 | Report Abuse

This the info that could be found on Bijurai Bijak. Apparently they are in the biz of loaning company shares to other companies for RSS? Anybody can volunteer more information?

Bizurai Bijak Sdn Bhd is based in Malaysia. The head office is in Kuala Lumpur. The company operates in the Finance and Insurance industry. The enterprise was incorporated on December 26, 1974. In 2021, the company reported a net sales revenue drop of 24.66%. Over the same period, its total assets grew by 5.9%.

Headquarters
Level 12 Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala Lumpur Wilayah Persekutuan
Kuala Lumpur; Federal Territories; Postal Code: 55100

Posted by simon2020 > 2022-07-17 10:03 | Report Abuse

More info on Bijurai Bizak, company controlled by VT?Subject was incorporated on 26 December 1974 in Malaysia under the name BIZURAI BIJAK (M) SDN. BHD. with registration number of 197401004147 (21243-W). BIZURAI BIJAK (M) SDN. BHD.'s business includes INVESTMENT HOLDING AND PROVISION OF SECURITIES TO RELATED COMPANIES FOR SECURING LOAN FACILITIES.

BIZURAI BIJAK (M) SDN. BHD. is a private limited company and has been existed for 48 years.

Posted by simon2020 > 2022-07-17 10:08 | Report Abuse

Juara Sejati currently holds 1.4B shares in BJLand. Anyone has more details?
3) Juara Sejati Sdn Bhd 1,399,360,850

Posted by simon2020 > 2022-07-17 10:13 | Report Abuse

Apparently Juara Sejati & BJCorp acquired BJLand shares from Penta Fund in 2019 for 38 sens per shares
Google search says that Juara Sejati is currently a subsidiary of Redtone International? https://www.edgeprop.my//content/1467250/bcorp-acquire-461-berjaya-land-rm87m

Posted by simon2020 > 2022-07-17 10:22 | Report Abuse

We believe any takeover offer will be initiated by Juara Sejati. Johor Royalty is on BOD of Redtone International?

Posted by skynet2000 > 2022-07-18 12:34 | Report Abuse

Juara Sejati shall not be related to Redtones.
They are finance house direct under Bj Group.
Pg 291, Ann Report of Bj Corp

Posted by simon2020 > 2022-07-18 13:21 | Report Abuse

Juara Sejati still holds 45.52% shares in Redtone International...that makes it a major shareholder of Redtone?
https://klse.i3investor.com/web/insider/detail/SBSH_543891_2930861111

Posted by skynet2000 > 2022-07-18 14:26 | Report Abuse

@simon2020, yes.

Posted by ocbc > 2022-07-18 22:18 | Report Abuse

what is the true value of bjland ?