Another big name in the board is Abang Johari's son (the premier only has a son and a daughter). https://www.nst.com.my/business/2023/08/941409/sarawak-premiers-son-abang-abdillah-joins-berjaya-land-board. Not sure what significant role will he play that positively contribute to Berjaya Land development. My imagination may stretch too far: why not grant Berjaya the online numbering license in Sarawak. The far more secular and progressive state government will welcome any income to fund its infrastructure projects.
Sarawak has a big land to develop and just a neighbour to the capital of Indonesia 🇮🇩 so mega projects are awaiting to be implemented in Borneo and of course VT & Premier Swk 🤝🤝 go go go ⬆️⬆️⬆️ BJLAND ✌️
An initial plan to develop the HSR was suspended in 2018 and later terminated in 2021, resulting in Malaysia paying RM320.27 million to Singapore as compensation for costs incurred for the development of the HSR project, and in relation to the extension of suspension of project.
The project’s revitalisation will “foster a new era of connectivity”, said Berjaya Corp founder and advisor Tan Sri Vincent Tan Chee Yioun on Tuesday.
Tan said he is confident that Berjaya Rail can play a leading role in shaping the future of the rail industry.
“This interconnectedness will not only stimulate economic growth and tourism for Malaysia but also cultivate cultural exchanges and enrich people’s lives by reducing travel time and enhancing accessibility,” he said.
Berjaya Rail, which is led by its chief executive officer Farizul Baharom, will focus on five strategic areas, namely advancing HSR development, delivering integrated rail solutions, driving transit oriented development (TOD)/transit adjacent development (TAD), elevating user experience and harnessing synergistic partnerships.
Pity bjland! Bjland wants fund from big investors ( which can move up / down share price) and small minority investors (which can indicate trust) .With Hsr project, but already downgraded interest by created BjRail. All cake inside bjRail. But somehow maybe side land development or jobs can benefits bjland. Better estimate how much revenue and profits, dividend periodically can goes to bjland more realistic. No tipu investors when other same bidder companies already moved up market price.
Bjcorp bought expensive from VT but sold cheap at market by using so called insider bjsampo . Maybe placement left and right to fulfil minimum public share spreading!! No need minimum public share spreading requirement better lah !!
the public shareholding spread of the Company as at 24 August 2023 is 17.83% following the disposal of 221.42 million BLand shares by a substantial shareholder of BLand namely Teras Mewah Sdn Bhd on 24 August 2023.
PSS is 2.17% above limit of 80%, 108.5 million shares to be dispose off. As PSS is combined VT & Bjcorp interest. However, it shall be easily disposed, like to previous 221mil case.
No more cronyism , project is too big , no single company can take all , these companies must have cash or strategic lands to be considered. YTL+IWcity(Ekovest)+UEMS+ BJland+++ fit these requirements
High volume of shares change hand these few days without price shooting up much! Adooiiii, buta punya pun tahu la ...... hasbis, may be share spread issue already met. if so easy, why have to extend so many times ya ??? Anyway, mana itu promised punya dividend? .......hehehe..............................
@birkincollector It's well known somethings need to be done on or before 30Sept to meet listing requirements. All the best assets park here but undervalue now due to organisation structures. Compressed spring will have to be released. All my others heavy loaded stocks above 100% now except this VT group. ( thanks for waiting ). Cheers ! But please dont all in, diversify please !
Ok, 110m just crossed DBT. Spread has been met. But we all know where the shs hv been parked. Anyway, real spread only <680m shs, easily mop up. Get ready for action. No more worries of suspension :-) super undervalued stock
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....
speakup
27,061 posts
Posted by speakup > 2023-09-16 13:02 | Report Abuse
Analyst all say Ytl get Hsr that's why Ytl up, Bjland down. I guess analysts all know Ytl dah kasi dedak to PH