SUBANG (Feb 6): The proposed Subang Airport Regeneration Plan (SARP) prepared by Malaysia Airport Holdings Berhad (MAHB) has been approved by the Cabinet on Feb 2 after careful consideration, said Transport Minister Anthony Loke Siew Fook.
He said it will focus on the development of the aerospace ecosystem, general aviation/business aviation and city airports (city airport/secondary airport).
Loke said among the main changes proposed in the plan is the reintroduction of scheduled passenger flights and belly cargo flights by using narrow-body jets up to the size of A320/B737 or equivalent aircraft, at Sultan Abdul Aziz Shah Subang Airport.
“The plan aims at the premium and business passenger market segment by taking full advantage of LTSAAS' strategic location in the heart of Greater Kuala Lumpur.
Loke said among the main changes proposed in the plan is the reintroduction of scheduled passenger flights and belly cargo flights by using narrow-body jets up to the size of A320/B737 or equivalent aircraft, at Sultan Abdul Aziz Shah Subang Airport.
“The plan aims at the premium and business passenger market segment by taking full advantage of LTSAAS' strategic location in the heart of Greater Kuala Lumpur.
“Scheduled flights using turboprop aircraft (Berjaya Air) will be maintained as market demand for these services is expected to continue and be positive,” he said at a press conference at Subang Airport here on Monday.
He added that through SARP, Subang Airport will be transformed into a regional aviation hub with a maximum capacity of eight million annual passengers, in addition to generating thousands of high-value job opportunities for Malaysians.
Loke said it will also boost the air transport industry chain and the aerospace industry, in line with the government's aspiration to make Malaysia the leader in the aerospace industry in Southeast Asia by 2030.
Instead of privatize, another option is to bring in strategy investor (by selling 10%+ ) and became low cost carrier like AirAsia - "Now everyone can fly berjayaly" : )
You could be right as BJCorp currently owns 80.2% shares in BJLand. If BJCorp sells 10% BJLand shares to a strategic investor, it will kill 2 birds with one stone. As BJCorp will be able to monetize it's investment in BJLand while BJLand will get the necessary cash injections to launch new services under Asia Jet & Rafflesia Airways which are new entities under BJLand and BJLand will meets the minimum shareholder's spread as required by Bursa. No wonders VT is acquiring lots of BJLand at 0.28 in his personal capacity lately...
Lol... Believe it or not? Better buy some BLand as Uncle Tan's really serious in blocking the price at 0.28 for what purpose? Who knows Uncle Tan may spring a surprise soon?
Sun Tzu already said "All warfare is based on deception."
The 105.9mil dividend was came from an associate company of BJL group.
Among the many of associate companies, Berjaya Kyoto Development (S) Pte Ltd ("BKDS") is the only major enough to have such capacity for "Dividend distribution received in excess of its carrying value"
Now u know why VT bought so many BJland. Damn profitable company. Crown jowel of BJCorp.... Heheheee. Dont be suprise yearly profit can hit 300million ( or privatize first to makan those who sell cheap to him at 27.5/28 ....heheeee
BJLand has reported a profit for 2 consecutive Qtrs. with RM84 million profit for current Qtr with potential to grow post Covid with opening of world economy? VT already set a benchmark at 0.28 so don't expect lower price, Better book your tickets soon... anyway the Resistant is 0.29...once broken it should fly once the new owner for BJCorp's 80.1% share in BJLand is known? We think they are trying to keep price low for MGO/privatize?
Tks py1818 for your daily bulletin. BJLand at 0.28 should play catch-up with BJCorp's price of 0.315, a 3.5 sens price difference once a definitive agreement on Purchase of a Financial Services Provider such is announced by BJCorp and the new 80.1% majority owner of BJLand is known?
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
Lol...Yes literally the best bet in town! as Uncle Tan can't wait already..sell low, people will grab if haven't booked tickets for the show..forget BCorp Atm..as VT focus's on BLand?
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....
stockraider
31,556 posts
Posted by stockraider > 2023-01-29 11:19 | Report Abuse
can accumulate loh!