2021 SEM share price is about MYR 1.30 but BJland only decided buy SEM shares from VT at Avg of RM1.80 per SEM Share. Siapa untung ~ 30%? and after news announced to Public BJland share dropped !! "The Acquisitions are not detrimental to the interest of the minority shareholders of BLand wor". Can I push up my share then use another company to buy from me? Who is Fatt Chaiii" now??? ....... hehehe............................. The Unity government should not allow this, but this happens under their watches.
I'm hoping for a 0.38/0.30 exchange into bcorp shares plus 0.01-0.10 special dividend for the delay, and that's a don't know how many years dream already. Lost hope for a deal coming soon, could be years into future. Best don't touch if that's the reason buying into bland
Whole day selling down ahead of deadline announcement, what this mean? Hope Unity government and the puteri can really do something to help the retailer investors from being tyrant by the super rich ........hehehe................
This bjland's sickness worsen every second whenever minority bought. Best don't touch ever in future. Many old investors loss until pants drops also still do bad habiit inter trade among themselves. No medical treatment can cures ready.
i think the mode of operasi is to wear you out, when retail given up the waiting game , VT will privatise it cheaply. Depend on your age group, if u less than 55 , can bet on this old horse, slowly but surely.
How should BCorp address the BLand Dilemma similar to Boustead? In order for new BCorp all women BOD to address the minimum shareholding spread required by Bursa by 23 March, BCorp should make an offer of at least 38 sen a share for the remaining 12.26% stake in BLand it didn’t already own. While the privatisation has been speculated on for some time, the offer of 38 sen is 30% premium to current market price of 28 sen — is only about 50% of BLand's net asset value per share of 77 sen. All minority shareholders including VT benefits from the deal.
Bursa Deadline on 22 March approaching... let's quietly watch this space as VT's a sensitive fox!... Btw VT has been cashing out his shares in BJCorp & SEM lately...flushed with cash... guess who is his next target for acquisition?...
ocbc
actions needed by 22 March 2023. compress spring needs to be released.
It's must be a good deal for VT to keep buying BJLand and selling BJCorp lately? Anyway privatisation is a bonus as BJLand already gives a ROI better than FD.
@kahhoeng
You guys must be crazy to bet on bland privatisation... Unless you're VT close buddies or family members
After VT is believed no to be only major shareholders of bjcorp. @ ocbc, you said major shareholder buying still 90%. I found it misleading. Bjcorp officially announced at media want MCiS, Kept bjland will be a problems. Secondly new bjland board, is totally Robin's? So, many issues no clarification from bjcorp. And I think bursa also open one eye.
@Simon 2020,it's been so long for VT buying bjland at current low price, I believed even 38 cents offer, maybe harder to get control above 90%. Maybe kahhoeng is right , privatization is never the options. VT always loves left right deals . Otherwise , he already announced given the share to Robin . If this no the case, how Robin want to be boss of bjland that recently announced?
Let's say general public only 6.8%. From next Monday onward, please focus how volume of 1.68% trading achieves. As the same time, when the deadlines announcement by bursa ? Can extend?? For major shareholder to compress minorities.
I doubt all top 15 shareholders aligned to VT unless offer price is right to reached 90% acceptance from shareholders. Remember don't sell cheap to VT. Waiting game.
If you're interested to bet bjland, is quite risky. Only let's current minorities strives for their right. Who's hand share want to sell for you ? VT? Minorities? Bjcorp?
VT wants money and helps Robin's? Minorities wants out from loss or stay for profit? What bjcorp want? Keep listing.. or privatization ( second choice ) I believed.
VT keep buying Bjland bcu he will sell Bjland to Bjcorp at a good price later n yet able to control back of Bjcorp for sure. Many hidden gems inside, just need professional manager like batikman to unlock it. If u below 55 , can wait, if u need money urgently, go somewhere else..... Bcu this counter is slowly ....but surely type.
Further to our announcement dated 24 November 2022 in relation to the public shareholding spread of Berjaya Land Berhad (“BLand” or “Company”), the Board of Directors of BLand wishes to announce that the public shareholding spread of the Company as at 22 February 2023 was 12.26%.
Bursa Malaysia Securities Berhad had, vide its letter dated 20 September 2022, granted BLand further extension of time of 6 months until 22 March 2023 to comply with the approved public shareholding spread of 20% (“Approved Public Spread”).
The Board of Directors and the Management of BLand are continuing to explore options to address the shortfall in the Approved Public Spread.
@ sailang_now, are you takes things that simple? That's why smart white collars are called in to adjust, negotiating to complete a task . Furthermore, it's is necessary to do so , I believed. Otherwise, the company will end up whether handsome or stink way.
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS ACQUISITIONS OF SHARES IN 7-ELEVEN MALAYSIA HOLDINGS BERHAD BERJAYA LAND BERHAD
Type Announcement Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS Description ACQUISITIONS OF SHARES IN 7-ELEVEN MALAYSIA HOLDINGS BERHAD
Berjaya Groups. After reached bjland, only less to none. Bjland a elephant share flooded. Should settle the restructure with bjcorp and internal benefit. Then can focus only.
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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....
bulldog
12,157 posts
Posted by bulldog > 2023-03-08 19:09 | Report Abuse
Accumulation in progress
Huat chaiii