think atm BJLand is using its cash to help VT acquires 7Eleven (SEM) shares for a reason? I believe BJLand already has more than 5% shares in SEM under its subsidiaries etc. 5% of SEM at current market (65.5M shares x RM1.76 = RM115M) value. Maybe VT will use this cash hoard once BJLand is fully taken over sooner or later?
Name of registered holder Berjaya Land Berhad Address of registered holder Level 12 Berjaya Times Square, No 1 Jalan Imbi 55100 Kuala Lumpur Description of "Others" Type of Transaction Circumstances by reason of which change has occurred Acquisition of shares via married deal by Berjaya Land Berhad. Nature of interest Direct Interest Direct (units) 39,343,000 Direct (%) 3.493 Indirect/deemed interest (units) 26,065,369 Indirect/deemed interest (%) 2.314 Total no of securities after change 65,408,369 Date of notice 27 Jul 2022 Date notice received by Listed Issuer 29 Jul 2022
Remarks : Indirect interest:- - Berjaya Philippines Inc. ("BPI"): Deemed interested by virtue of its interest in BPI. - Bukit Kiara Resort Berhad ("Bukit Kiara"): Deemed interested by virtue of its interest Bukit Kiara. - KDE Recreation Berhad ("KDE"): Deemed interested by virtue of its interest in KDE. - Nural Enterprise Sdn Bhd ("Nural Enterprise"): Deemed interested by virtue of its interest in Nural Enterprise.
The interest (direct and indirect in terms of number of shares) of Berjaya Land Berhad further to the transactions are as follows:- (1) Berjaya Land Berhad - 39,343,000 ordinary shares (2) BPI - 7,892,175 ordinary shares (3) Bukit Kiara - 1,800,000 ordinary shares (4) KDE - 1,049,994 ordinary shares (5) Nural Enterprise - 15,323,200 ordinary shares
@Sslee think it shouldn't be long now as timing is just right since VT is increasing his shares in BJLand almost everyday after collecting more than 130 million cash from sale in BJCorp? as latest update at Simply_Wall _St indicates that general public spread only left 6.9% with institutions holding another 4.5%. The top 15 shareholders already controls 93.11%! BJCorp alone controls 80.2% not counting VT & VT controlled entities?? Also VT divestment in BJCorp to 19.6% and increase stakes in BJLand & BJAsset (BJAsset public spread now also falls below 20%) recently could be catalysts for mergers & restructure of VT's empire?
Sslee
Stockraider, I bought back some bjland. Waiting for Bjcorp to offer VGO
Just wonders what BJLand &:VT has to say to Bursa in the coming announcement after BJCorp & VT's buying spree as BJLand public spread has fallen as low as 6.5%! Instead of a Rectification Plan to address the issue of public spread, they are making it worse...
Further to our announcement dated 25 August 2022, the Board of Directors of Berjaya Land Berhad (“BLand”) wishes to announce that Bursa Malaysia Securities Berhad has, via its letter dated 20 September 2022, granted BLand a further extension of time of 6 months until 22 March 2023 to comply with the approved public shareholding spread of 20% (“Approved Public Spread”).
Currently, the public shareholding spread of BLand stands at 16.50%, a shortfall of 3.50%. The Management of BLand will continue to explore and identify a feasible rectification plan to address the shortfall in the Approved Public Spread.
Correct! BJCorp controls 80.2% shares in BJLand worth RM1.1 billion. While BJLand controls more than 40% shares in STM Lottery worth at least another RM1 billion with Gaming License. TS Lim & siblings from Kossan already controls more than 12% shares in BJCorp & may acquire more in future. TS Lim is no yesman being a self-made billionaire ranked 24 on the Forbes list. Being the 2nd largest substantial shareholders after VT, they may influence & chart new directions for BJCorp and monetize it's cashcows such as BJLand & STM Lottery sooner or later?
With VT's announcement on Intention to Deal During Closed Period...Let the countdown begins...just wait for more announcements...VT has been quietly accumulating BJLand shares from weak holders lately while actively discouraging day traders from taking short term positions with unusually large sell order from one or two big seller for a reason?...You just can't go wrong by following cashrich VT to accumulate more BJLand on dips at regular intervals with spare cash...
Tks py1818 for your daily bulletin. BJLand at 0.28 should play catch-up with BJCorp's price of 0.335, a 5.5 sens difference once a definitive agreement on Purchase of a Financial Services Provider such as Bank of China (M) & MCIS is announced by BJCorp?
py1818 @sailang_now @earlyretirement @Investor123456 BjLand Highest price 0.52 Major Resistant 0.33 Resistant 0.31 Resistant 0.29 Price 0.28 Verdict - Uptrend is still intact...
How to use buletin. If price go below support, downtrend. If price go above resistant, uptrend
BERJAYA LAND BERHAD Subject Dealings During Closed Period Date of announcement made for "Intention to Deal During Closed Period" 19 Jan 2023
No Salutation Name Designation Description Of "Others" Designation 1 TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN Others Director of STM Lottery Sdn Bhd, a major subsidiary of the Company Type of Transaction Others Description of "Others" Type of Transaction Cessation Date of Transaction 25 Jan 2023 Description of Securities Ordinary Shares No of Securities Transacted 3,981,782,496 % of Securities Transacted 80.922
KUALA LUMPUR (Jan 26): Berjaya Corp Bhd (BCorp) founder and major shareholder Tan Sri Vincent Tan Chee Yioun has now trimmed his stake in the diversified group to 19.061%.
Tan sold two blocks of shares in a direct business transaction on Wednesday (Jan 25). According to BCorp’s filings, he sold 110.08 million shares via Hotel Enterprise Sdn Bhd and another 15.92 million shares through B & B Enterprise Sdn Bhd.
Following the transactions, Tan's direct stake in BCorp now stands at 7.814%, while his indirect stake is 11.247%.
BCorp is currently in talks to acquire a 51% stake in life insurance company MCIS Life Sdn Bhd. To facilitate the acquisition, Tan, as chairman, intends to reduce his stake in BCorp to 19.6% from 26%.
The group is not new to the financial services business. It is currently in the insurance business through its 30% stake in Berjaya Sompo Insurance Bhd. Sompo Holdings (Asia) Pte Ltd owns the remaining 70% stake. The company also wholly owns a stock brokerage firm — Inter-Pacific Securities Sdn Bhd.
In January alone, Tan sold 417.3 million BCorp shares.
In a separate announcement from BCorp, Lim Kuang Wang acquired 80 million shares of BCorp via a direct business transaction.
This increased his stake to 6.627% from 5.194% on Dec 23. Lim is a former executive director of Kossan Rubber Industries Bhd.
At the time of writing, BCorp shares were trading up half a sen or 1.47% to 34.5 sen, translating into a market capitalisation of RM2.03 billion. Over the past year, the stock has risen 44%.
In a separate announcement to Bursa on 26 Jan, BJLand also announced that BJCorp has ceased to be BJLand's 80.1% substantial shareholder as of 25 Jan. Is this part of the restructuring exercise undertaken by BJCorp to meet requirements of FSA, as a holding company can't own both a Banking/Insurance license and at the same time owns a Gaming License (STM Lottery) held under its former subsidiary BJLand?
I want to read TSVT's action to continue buying BJland shares as buying signals. Hope he is not going to lead us to Hoholand again after so many years and extension. Harap Harapan ada harapan bagi retailers yang tertekan harga sahamnya selama ini. Steady la TSVT, kasi AngPow sikit baru ada "Gong Xi Fa Chai" sama-sama ONG HENG HUAT ma .........hehehe.................
Lol...what an irony, Uncle Tan keeps selling BJcorp from 0.25 and the price goes up to 0.345!. Meanwhile Uncle Tan keeps buying BJland at 0.28 and the price goes down? Anyway Uncle Tan is still in generous mood and still giving Ang Paus. Better grab all before Uncle Tan sapu all since no longer majority shareholder. Even BJasset also 0.32! Let's celebrate this joyous occasion! Huat Arrhh!!!
There is no change of Bj Land share holding by Bj Corp of 80.09%. Only VT has ceased to be the major share holding on all the subsidiaries via Bj Corp as his share holding in Bj Corp was below 20%. This means VT personnel link through Bj Corp to own shares under Bj Corp has broken. Bj Land, Bj Food, Sport Toto were immediately announced that VT's holding via Bj Corp's subsidairies were ceased.
bj Corp holding of Bj Land of 80.09% still hanging there, slightly above 80%, to be disposed to meet the public spread requirement. Or, go for delisting. This round, the MGO got to include VT's 7% Bj Land.
As Bj Corp still hold 80.09% Bj Land, which it still hold 40% Sport Toto; this means Gaming sector still under Bj Corp, which got to be dispose off to meet the FSA requirement. I will consider this could be the major restructuring coming fairy soon.
BJCorp holds 80% of BJLand were always moving in tandem. Previously, BJLand was even valued much higher (by the market) than BJCorp. Now no longer the case, BJLand is made a forgotten child stuffed with sleeping management.
Lol...Uncle Tan goes for maximum benefits so just follow closely behind if you have not booked any tickets. Meanwhile Uncle Tan keeps buying BJland at 0.28. Better grab some some tickets before Uncle Tan sapu all since no longer majority shareholder at BJcorp. With 7% shares in BJland, Uncle Tan will fight for a good deal for MGO which might be on the way with new shareholders BJcorp already 0.345 & even BJasset's 0.32! Let's celebrate this joyous occasion! Huat Arrhh!!!
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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....
Michael Kwok
6,445 posts
Posted by Michael Kwok > 2023-01-01 21:13 | Report Abuse
Price 26.5cents
Bjland Buy call 24-25
Tp retest 30 cents range
1/1/23 9.12pm