Posted by stahl2017 > 2019-01-17 11:16 | Report Abuse

so Uncle Tan will expedite the privatise so he can eat this 4.1b

Posted by WongZhenKang > 2019-01-17 11:17 | Report Abuse

any advice for this counter?

Posted by Beza > 2019-01-17 11:26 | Report Abuse

Buy and keep for 1 year.

Posted by lching > 2019-01-17 11:29 | Report Abuse

and you find yourself keep it forever.

Posted by Beza > 2019-01-17 11:40 | Report Abuse

Then don't need to come and talk at this counter loh!

Posted by stahl2017 > 2019-01-17 13:39 | Report Abuse

anyway this is not news, they talked about this project since 2016

Posted by 1431599283521664 > 2019-01-17 14:46 | Report Abuse

he keep saying the company is under valued and he is right. the main problem is without paying good dividend to share holders , no funds will invest in this company.

Posted by Eddysurge > 2019-01-17 14:59 | Report Abuse

All eyes are barely naked see how he fled away by sold 14% bjland shares to bjcorp, but not immediately take bjland privatise. Why!

Posted by gangnam > 2019-01-17 17:10 | Report Abuse

Lol...Profit from Vietnam sale for the special dividend for all BJLand shareholders including BJCorp with 80% ownership followed by privatisation with money from Kyoto sale?

Posted by kahhoeng > 2019-01-17 17:12 | Report Abuse

real 'monk' stock, market up, no movement, market down, no movement, sigh!

Posted by ChanZheKang > 2019-01-17 17:18 | Report Abuse

calm before the storm maybe? probably not but one can dream

Posted by Paulnga > 2019-01-17 17:35 | Report Abuse

Misai man day dreaming again!

Posted by kahhoeng > 2019-01-17 18:10 | Report Abuse

actually, I start buying bjland only mid of last year when it fell below 0.30. BJCorp, on the other hand, been a few years since it said it's getting the Vietlott license.

Posted by gangnam > 2019-01-17 18:43 | Report Abuse

Lol...the Lou Ma factor is a big incentive for Uncle Tan to cash in & also payback time to his backers after all these years... otherwise, why the urgency on Kyoto assets sale?

Posted by shortinvestor77 > 2019-01-17 22:28 | Report Abuse

（吉隆坡17日訊）成功機構（BJCORP，3395，主板工業股）創辦人丹斯里陳志遠表示，目前正探討將成功置地（BJLAND，4219，主板消費股）除牌，並讓酒店業務在新加坡上市的計劃。

他早前披露，有意將成功置地從大馬交易所除牌，並脫售5至6項資產，以讓酒店業務到新加坡上市。

「我們作出這項決定，主要是因為上市條例限制。」

另外，他也確認脫售旗下京都四季酒店的意願，並表示，「我們仍在與數名夥伴洽商中。」

不過，他沒有透露明確的出售價格，僅表示，京都四季酒店是該集團的旗艦資產，因此希望可以以高價出售。

「作為一名生意人，若價格合適就可考慮賣出資產，目前考慮出售國外酒店業務，但將保留大馬酒店業務，如時代廣場酒店，以作為一項長期投資。」

他是在出席時該集團與四季酒店及度假酒店簽署合作協議共同發展日本沖繩四季酒店及私人住宅時，如是指出。

詢及英國脫歐是否會影響在英國的業務造成影響時，他表示，英國脫歐後，當地經濟增長放緩，但他並不打算脫售英國的豪華車業務。

http://www.orientaldaily.com.my/s/275732

Posted by shortinvestor77 > 2019-01-17 22:35 | Report Abuse

陈志远指出，该公司在冲绳的发展计划预计花费4亿美元（约16亿4600万令吉）发展成本，发展总值料达10亿美元（约41亿令吉），预计4年内完工。“发展成本将通过银行贷款筹获。”
http://www.sinchew.com.my/node/1831586/16%E4%BA%BF%E5%86%B2%E7%BB%B3%E5%BB%BA%E9%85%92%E5%BA%97%EF%BC%8E%E9%99%88%E5%BF%97%E8%BF%9C%EF%BC%9A%E8%8B%B1%E8%84%B1%E6%AC%A7%E5%BD%B1%E5%93%8D%E8%BD%BB%E5%BE%AE

Posted by shortinvestor77 > 2019-01-17 22:37 | Report Abuse

陈志远说：“受当地政策影响，酒店最高仅建4楼，而我们还剩70英亩的土地，能够建设更多三星级和四星级的酒店或商场，而一切还需看四季酒店建成后再做打算。”

他表示，冲绳四季酒店每晚房价至少在1000美元（约4114令吉）。

Posted by bonescythe888 > 2019-01-18 04:40 |

Post removed.Why?

Posted by williamyong8822 > 2019-01-18 04:44 | Report Abuse

对于酒店业务，陈志远指出，该公司有意将酒店业务于新加坡上市，还在与伙伴洽商中

if vt seriously follows his plan and buy some hotels from bjland and then finally get listed in singapore, it may take quite a long time .may be more than 1 year .after that ,he can privatise bjland. those who believe VT need to hold the stock for medium term.

Posted by kahhoeng > 2019-01-18 09:55 | Report Abuse

VT needs to privatize BJLand before he can list hotels in Singapore, at least that's my understanding

Posted by gangnam > 2019-01-18 10:06 | Report Abuse

Lol...Uncle Tan's own words.

."he said BLand had issues in complying with Bursa Malaysia’s listing requirement of having at least 25% public shareholding spread.

Hence, it would make sense to delist BLand from the local stock exchange.

“We will delist BLand because BLand is so undervalued, and also not many people buy its shares, so by delisting, maybe it will help the existing minority shareholders to get a better deal,” Tan said, adding that the Berjaya group owns about 80% of BLand

As at end-July 2018, the company’s net assets stood at 81 sen per share.

According to Tan, the proposed delisting of BLand would take place after the listing of his hotel business on Singapore’s stock exchange.

“We plan to list our hotel business on SGX, instead of listing it in Malaysia because under the current rule we cannot list it here. The hotels are owned by BLand, so that will go against the chain listing requirement,” Tan said, adding that the listing on SGX would likely involve five or six hotels owned by BLand.

According to Tan, the valuation of the hotels had yet to be finalised, but the planned initial public offering (IPO) would see the group releasing 25% shareholding of the business to meet the minimum public spread requirements of SGX.

He said proceeds raised from the proposed IPO of the hotels would be ploughed back into the business for working capital."

Read more at https://www.thestar.com.my/business/business-news/2018/12/20/vincent-tan-makes-his-move/#DQkHcMq177mzGKAk.99

Posted by miniminer > 2019-01-18 10:21 | Report Abuse

IPO hotel business in Hong Kong should be a better choice. BJCorp should explore both options concurrently. hehehe....

Posted by Eddysurge > 2019-01-18 12:20 | Report Abuse

My view is bjland considered assets rich at old valuation, if privatise,maybe will trigger Malaysia company listed laws.

Posted by gangnam > 2019-01-18 12:30 | Report Abuse

Lol...Will Uncle Tan add some royal touch to BJland's hotel biz by divesting 25% to Royalty in order to meet SGX's listing requirements in exchange for BJAssets/7- eleven shares after making it syariah compliant?

According to Tan, the proposed delisting of BLand would take place after the listing of his hotel business on Singapore’s stock exchange.

“We plan to list our hotel business on SGX, instead of listing it in Malaysia because under the current rule we cannot list it here. The hotels are owned by BLand, so that will go against the chain listing requirement,” Tan said, adding that the listing on SGX would likely involve five or six hotels owned by BLand.

According to Tan, the valuation of the hotels had yet to be finalised, but the planned initial public offering (IPO) would see the group releasing 25% shareholding of the business to meet the minimum public spread requirements of SGX."

http://www.theedgemarkets.com/article/johors-sultan-ibrahim-ups-berjaya-assets-stake

Posted by williamyong8822 > 2019-01-18 14:36 | Report Abuse

According to Tan, the proposed delisting of BLand would take place after the listing of his hotel business on Singapore’s stock exchange.

my goodness .still need to wait long .maybe more than 1 year.

Posted by gangnam > 2019-01-18 15:07 | Report Abuse

Lol...Uncle Tan needs to privatise first after declaring special dividend with profit from the Vietnam property sales before can delist...so privatise can be short term followed by delisting in the medium term?

Posted by kahhoeng > 2019-01-18 21:38 | Report Abuse

if VT to privatize BJLand after floating hotels in Singapore, the cost will be much higher, given that the hotels value are reflected in the stock market. My best guess would still be privatizing BJLand before listing in Singapore. If there's anything to worry, it would be VT has no intention to privatize BJLand or listing in Singapore. These 'views' are anything but to prop up share price in the short term.

Posted by williamyong8822 > 2019-01-18 22:59 | Report Abuse

according to my understanding ,vt is short of cash to privatise bjland.he needs to sell some hotels to get listed in singapore. after the ipo in singapore , then he can afford to privatise bjland.another issue is that the hotels are not wholly owned by bjland.have to get the approval of all the shareholders first.do not expect to get angpow from vt within six months.it should be much much longer.maybe more than a year.

Posted by gangnam > 2019-01-19 00:50 | Report Abuse

Lol...apart from the cash from Vietnam & Kyoto property sales within 60 - 90 days... don't forget about the compensation money from Jeju Korea, Selangor Govt. for Sungai Besi racecourse & oh yes, the RM599 million recoverable from great China mall sale? All this impairment will be written back as profit in BJLand accounts sooner or later? That's why the urgency to privatise apart from the Lou Ma factor..

http://www.theedgemarkets.com/article/berjaya-land-unit-submits-arbitration-notice-recover-sum-china-mall-sale

Posted by Eddysurge > 2019-01-19 11:03 | Report Abuse

Can I simply & ignorant query why hotels under bjland for such long-term but financial contribution to the group no that significant? How Singaporean investors will looks to the matter?

Posted by stockraider > 2019-01-19 15:25 | Report Abuse

people buy this hotels as a trophy investment...where return is ranked loh as a criteria loh...!!

Posted by Eddysurge > Jan 19, 2019 11:03 AM | Report Abuse

Can I simply & ignorant query why hotels under bjland for such long-term but financial contribution to the group no that significant? How Singaporean investors will looks to the matter?

Posted by Eddysurge > 2019-01-19 15:50 | Report Abuse

Acceptable, hotels business can treats as GRO purposes.

Posted by Eddysurge > 2019-01-19 16:17 | Report Abuse

Negative comments I try to avoid, divestment big bussiness and ended up loss but still enjoy all the trophy.. How sour to the dreamer.

Posted by leek > 2019-01-20 05:58 | Report Abuse

0.87 to privatise?

Posted by gangnam > 2019-01-20 10:50 | Report Abuse

Lol...this is good news since the site has been acquired by the Tianyang Holding Group (SkyOcean?) for new development: together with Sanhe Municipal Govt?

"At the same time that the Yanjiao West Exit will be greatly transformed, the Berjaya Grand Plaza has been successfully acquired by Tianyang Holding Group. To this end, the Sanhe Municipal Government has also held a Tianyang·Innovation Center project briefing." Since there is a valid contract of Sale & Purchase with Tianyang Group guaranteed by the group's major shareholder, the arbitration process will ensure that the RM599 million be recovered by BJLand sooner or later as coming to 2nd year...

http://inews.ifeng.com/50749025/news.shtml?srctag=pc2m&back&back&back

Posted by Richard Lee > 2019-01-20 10:51 | Report Abuse

seem like every week Fox Tan also will wayang a bit and a bit. He start to "kan cheong" liao

Posted by gangnam > 2019-01-20 10:58 | Report Abuse

Lol..since the land is located at a strategic economic area located at the entrance to the Yanjiao Tongyan Expressway to
Yanjiao West Export Integrated Hub Project!

"In the future, the Yanjiao Tongyan Expressway entrance will soon usher in a new and lively scene!"

Posted by gangnam > 2019-01-20 14:13 | Report Abuse

Lol...great potential for development of Berjaya Grand Plaza site to support Yanjiao Economic & Technological development by Tianyang Group...

Current Tianyang Future City project developed by Tianyang Group (SkyOcean) and build by CRC in Yanjiao..

http://gac-en.cnydsci.com/html/zhaocai/101.html
http://www.usachina.org/english/developzone/dz12.htm

Posted by gangnam > 2019-01-20 21:02 | Report Abuse

Lol .Updates on Yanjiao development!

十年一转运，

燕郊早已今非昔比，
但如果你还留在燕郊
明天起，你的身价将暴涨！
一大波好消息将改变120万燕郊人的生活。

https://m.sohu.com/a/217864773_660964/?pvid=000115_3w_a

Posted by Eddysurge > 2019-01-21 12:29 | Report Abuse

燕郊早已今非昔比, 成功股东们反而欲哭无泪..

Posted by Eddysurge > 2019-01-21 12:33 | Report Abuse

济洲也如此，越南也如此.Okinawa boleh tah,!

Posted by Eddysurge > 2019-01-21 12:36 | Report Abuse

Japan hotel if sold, May be few sen dividend..

Posted by gangnam > 2019-01-21 13:14 | Report Abuse

Lol...一条可怜的鱼可能会哭，没有眼泪，但富有的投资者很快就会高兴地哭...since Yanjiao land has appreciated significantly with new developments...天阳迟早要支付燕郊土地到berjaya的余额...

Posted by Eddysurge > 2019-01-21 13:20 | Report Abuse

Already received half, another a half. The amount sum is too big...after discounted, still few I guess.

Posted by Eddysurge > 2019-01-21 14:03 | Report Abuse

You mean bjland want strike lottery..

Posted by Eddysurge > 2019-01-21 14:11 | Report Abuse

If you mean so, of course have to bet a bit..

Posted by Eddysurge > 2019-01-21 14:14 | Report Abuse

Too much I also frightening,since the past record shown.

Posted by gangnam > 2019-01-21 14:22 | Report Abuse

Lol...already received Ang Pau from Uncle Tan...to strike lottery will be a bonus...

"Shamrahayu also pointed to Section 4(2)(b) of the Third Schedule, which states that when “there is a change in the ruler of a state then on the list, that state shall be transferred to the end of the list”.

She said in accordance with this provision, there was a possibility that Pahang might find itself being put at the end of the election list as Tengku Abdullah was only proclaimed the sixth Sultan of Pahang on Jan 15.

“There is a possibility that Pahang, which is currently on top of the election list, will be placed at the end of the list due to the change in the state’s ruler."

https://m.malaysiakini.com/news/461069

Posted by ivan9511 > 2019-01-22 14:31 | Report Abuse

bjland normally will down back after cannotb break 30 again
this counter is like that ,
no people belive already

Posted by leek > 2019-01-22 14:42 | Report Abuse

Privatise BJLAND AT 0.88?