Posted by Eddysurge > 2019-04-05 20:48 | Report Abuse

Cynically speaking, getting gov contract, share price will up,. Bjland mines already there, still will loss money.

Posted by ivan9511 > 2019-04-06 21:04 | Report Abuse

No surprise bjland back to 0.25sen again
The bosd just do normal strategy like he alwsys for the past 20 years.
So no need blamed him .
He is still normal and healthy just same all money must inside my pocket dun left any single 0.001sen .
Never

Posted by shortinvestor77 > 2019-04-08 09:35 | Report Abuse

So ivan don't come here as you get nothing. For us shareholders, we are fishing. Leave us alone. Don't disturb.

Posted by 129055444514385 > 2019-04-08 10:13 | Report Abuse

No catch up play on bjland share price as it holds 40%+ of bjtoto :)


https://www.thestar.com.my/business/business-news/2019/04/08/bjtoto-could-be-sector-catch-up-play-says-kenanga/

Posted by 129055444514385 > 2019-04-08 10:49 | Report Abuse

AMLA, online banking, etc.... easier to detect illegal gambling operators nowadays... good for bjland as it holds 40% of bjtoto :)

Posted by 129055444514385 > 2019-04-08 11:10 | Report Abuse

the govt wanted to receive more taxes = fighting illegal gambling activities to the maximum :) In fact, all illegal activities particularly involving tax evasion. :)

Posted by 129055444514385 > 2019-04-08 11:12 | Report Abuse

if you believe people will continue to gamble, then grab bjland shares as bjland holds 40%+ of bjtoto :)

Posted by 129055444514385 > 2019-04-08 11:17 | Report Abuse

For 2019, it should be much better than last financial year, period.

FINANCIAL RESULTS
For the financial year ended 30 April 2018, the Group registered a
revenue of RM6.36 billion which was comparable to that reported
in the previous financial year. In spite of a comparable revenue,
the Group registered a significantly lower pre-tax profit of
RM69.85 million during the financial year under review compared
to a pre-tax profit of RM576.32 million registered in the previous
financial year.
The comparable revenue was primarily attributed to higher
revenue reported by the property development and the hotels and
resorts business segments arising from higher property progress
billings and higher overall occupancy and average room rates
respectively. These were off-setted by the lower revenue reported
by Berjaya Sports Toto Berhad mainly due to the higher project
contract sales reported by International Lottery & Totalizator
Systems Inc., USA in the previous financial year. Despite having
lower number of draws during the financial year under review,
Sports Toto Malaysia Sdn Bhd’s (“Sports Toto”) revenue was on
par with the previous financial year.
The significantly lower pre-tax profit was mainly due to the net
impairment made on certain quoted investments, assets held for
sale, receivables and property, plant and equipment amounting to
approximately RM180.63 million, unfavourable foreign exchange
translation effect due to the strengthening of the Ringgit Malaysia
and lower share of profits from its associated companies. During
the year under review, Berjaya Kyoto Development (S) Pte Ltd, an
associated company of the Group, reported lower number of units
sold at the Four Seasons Residences, Kyoto, Japan compared to
the previous financial year. These were partly mitigated by the
improved profit contribution from the main business segments
of the Group resulting from lower prize payout reported by
Sports Toto, higher revenue and effective project cost reduction
measures by the property development business segment,
higher overall average room and occupancy rates reported by
the hotels and resorts business segment. Furthermore, in the
previous financial year, the Group recognised a one-off gain on
settlement for surrendering certain assets and lease interest by a
subsidiary company to the relevant authorities which amounted
to RM184.64 million.

Posted by 129055444514385 > 2019-04-08 11:20 | Report Abuse

SIGNIFICANT CORPORATE DEVELOPMENTS as per 2018 annual report :)

Following the previous year’s report, I wish to highlight the following
significant corporate developments:

1. As announced on 18 December 2012 and pursuant to the
Supplemental Agreement dated 13 August 2012 entered into
between Selangor Turf Club (“STC”) and Berjaya Tagar Sdn
Bhd (“BTSB”), STC granted extension of time to 18 January
2019 to fulfill the remaining conditions precedent pursuant to
the proposed acquisition of the Sungai Besi Land by BTSB.

2. On 16 December 2015, B-Land announced that Berjaya
(China) Great Mall Co. Ltd (“GMOC”), a 51%-owned
subsidiary of Berjaya Leisure (Cayman) Limited (“BLCL”)
had entered into a Construction Project Transfer Agreement
with Beijing SkyOcean International Holdings Limited
(“Beijing SkyOcean”) for the disposal of the Berjaya (China)
Great Mall Recreation Centre (“Contract”) located in Sanhe
City, Hebei Province, the People’s Republic of China for a
cash consideration of RMB2.08 billion (equivalent to about
RM1.39 billion), (“Disposal”). The cash consideration was
subsequenty revised from RMB2.08 billion to RMB2.039
billion.
The Disposal was completed on 16 December 2016 but the
balance of the revised consideration amounting to RMB974
million (“Final Instalment”) which was due in November 2017
was not paid.
SkyOcean Holding Group Limited which holds 100% stake
in Beijing SkyOcean, and its major shareholder, Mr. Zhou
Zheng (collectively, the “Guarantors”) had guaranteed
the performance of the obligations by Beijing SkyOcean
pursuant to the Contract.
On 7 December 2017, a notice of demand was issued to
the Guarantors for the Final Instalment and accrued late
payment interest. As announced on 19 January 2018,
GMOC submitted a Notice of Arbitration to the Hong Kong
International Arbitration Centre against Beijing SkyOcean
and the Guarantors to seek recovery of the Final Instalment
and accrued late payment interests as well as other reliefs.
The Board is confident that GMOC will prevail in the legal
proceeding to fully recover the Final Instalment amount.

3. On 15 February 2017, BLCL entered into a capital contribution
transfer for the disposal of its entire 70.0% stake in Berjaya
Long Beach Limited Liability Company to Sulyna Hospitality
Hotel Restaurant Travel Service Company Limited for a cash
consideration of VND333.25 billion (equivalent to about
RM65.32 million). The disposal is expected to be completed
by the end of 2018.

4. On 4 June 2018, B-Land announced that BLCL had
entered into a Capital Transfer Agreement for the proposed
disposal by BLCL of the entire remaining 32.5% of the
capital contribution in Berjaya Vietnam Financial Center
Limited (“BVFC”) to Vinhomes Joint Stock Company and
Can Gio Tourist City Corporation for a cash consideration
of VND884.93 billion (equivalent to about RM154.86 million)
(“Proposed BVFC Disposal”). The Proposed BVFC Disposal
is pending completion.

Posted by 129055444514385 > 2019-04-08 11:23 | Report Abuse

As per the annual report 2018 of bjland :) this biz segment should perform better in the current financial period as the government is fighting illegal gambling operators hard :)

OVERVIEW
Berjaya Land Berhad (“B-Land”) and its subsidiaries (“Group”) is
one of Malaysia’s leading companies with interest in gaming and
lottery management, motor retailing, hotels and resorts, recreation
development, vacation timeshare and property investment and
development.
PERFORMANCE REVIEW BY BUSINESS SEGMENTS
GAMING
The toto betting and related activities business segment of
B-Land Group is operated via Berjaya Sports Toto Berhad
(“BToto”). BToto is principally engaged in the operations of Toto
betting, leasing of online lottery equipment, and the manufacture
and distribution of computerised lottery and voting systems.
BToto’s other business segments include the operation of a
hotel in the Philippines and luxury motor retailing in the United
Kingdom.
BToto has four main operating subsidiary companies namely
Sports Toto Malaysia Sdn Bhd (“Sports Toto”), Berjaya Philippines
Inc., International Lottery & Totalizator Systems, Inc., USA (“ILTS”)
and H.R. Owen Plc, United Kingdom (“H.R. Owen”).
For the financial year under review, BToto reported a decline in
revenue of 1.2% to RM5.66 billion compared to RM5.73 billion
in the previous financial year mainly due to the higher revenue
contribution arising from the higher project contract sales reported
by ILTS in the previous financial year. Pre-tax profit increased
marginally by 0.3% to RM377.23 million mainly attributed to the
improved results reported by Sports Toto and H.R. Owen but
was offset by impairment in value for certain available-for-sale
investments and goodwill for the leasing of lottery equipment
business in the Philippines as well as the lower results reported
by Philippine Gaming Management Corporation (“PGMC”).
MALAYSIA
Sports Toto Malaysia Sdn Bhd (“Sports Toto”), the principal
operating subsidiary of BToto, has approximately 680 outlets
operating throughout the country, offering 7 games namely Toto
4D, Toto 4D Jackpot, Toto 5D, Toto 6D, Star Toto 6/50, Power
Toto 6/55 and Supreme Toto 6/58 which are drawn three days a
week. Grand Toto 6/63 was replaced by Star Toto 6/50 during the
financial year under review.
Revenue
For the financial year ended 30 April 2018, Sports Toto recorded
revenue of RM3.12 billion which is on par with the previous year’s
revenue despite the current year having two draws less than the
previous year. The company’s revenue for the financial year under
review has been stated net of Gaming Tax as well as Goods and
Services Tax (“GST”) on gaming supply.
Sports Toto continued to remain as the market leader among all
the Number Forecast Operators (“NFO”) in the country in terms of
total revenue for the financial year under review.
Profit Before Tax
Profit before tax increased by 9.2% to RM363.0 million compared
to RM332.5 million in the previous financial year. The higher profit
before tax was mainly due to a lower prize payout in the financial
year under review. Consequently, this led to a higher profit before
tax margin of 11.6% compared to 10.7% in the previous financial
year.
Profit After Tax
Profit after tax increased by 9.9% to RM253.5 million compared
to RM230.6 million in the previous financial year, in line with the
increase in the profit before tax. The higher profit after tax margin
of 8.1% compared to 7.4% in the previous financial year was due
to lower prize payout in the financial year under review.
Prospects
Effective 1 June 2018, the Government zerorised the GST, while
the Sales & Services Tax (“SST”) is re-introduced to replace GST
from 1 September 2018. Sports Toto does not foresee this would
have significant impact to its operation.
Sports Toto anticipates its business performance to be
satisfactory and is confident that it will continue to maintain its
market share in the NFO business for the financial year ending
30 April 2019.

Posted by 129055444514385 > 2019-04-08 14:23 | Report Abuse

:)

（吉隆坡22日讯）成功集团(BJCORP,3395,主板工业产品服务组)旗下飞机在梳邦机场发生与工程车相撞的致命意外之后，该集团周五股价一度重挫7.55%至5年新低水平。

该股周五以26.5仙平盘开市，之后便涌现卖压，股价直挫2仙或7.55%至24.5仙低位。

该股闭市报26.5仙，无期起落，成交量高居全场之冠，全日共有2亿4452万6300股易手。

该股的5年平均价为36.2仙，5年最高水平为2014年9月24日的36.2仙，至于1年平均价为29.1仙，52周新高为2018年5月14日写下的39仙水平。

成功集团大股东丹斯里陈志远昨日发文告表示，成功集团旗下成功航空（Berjaya Air）不是梳邦机场工程车司机去世的祸首，并将这归因于梳邦机场的管理不善。

3月18日凌晨，成功航空的飞机在梳邦苏丹阿都阿兹莎机场着陆时与机场工程车在跑道上相撞，导致工程车司机伤重死亡。

去年12月，陈志远公布集团重组计划之后，该股在今年1月初曾上涨至32仙的高位，但过后便开始走低。

陈志远有意将7-11控股(SEM,5250,主板消费产品服务组)和成功置地(BJLAND,4219,主板消费产品服务组)私有化，同时，成功集团有意脱售旗下京都四季酒店，希望整个计划能在未来60日内完成，并有望获利4亿美元。

不过，成功集团在12月20日表示对重组计划毫不知情。

成功集团在1月30日透过发股方式，以8740万令吉收购成功置地4.61%股权，持股增至76.89%，令成功置地私有化下市计划可能不再只听到楼梯响。

Posted by 129055444514385 > 2019-04-08 14:46 | Report Abuse

Hopefully, bjland will restart paying dividend before privatisation :) stopped paying from 2015 only and also in 2003.

02-Oct-2014 27-Nov-2014 DIVIDEND Final Dividend RM 0.01 Dividend Detail
30-Sep-2013 27-Nov-2013 DIVIDEND Final Dividend RM 0.01 Dividend Detail
02-Oct-2012 21-Nov-2012 DIVIDEND Final Dividend RM 0.01 Dividend Detail
29-Sep-2011 18-Nov-2011 DIVIDEND Final Dividend RM 0.01 Dividend Detail
29-Sep-2010 19-Nov-2010 DIVIDEND Final Dividend RM 0.02 Dividend Detail
02-Sep-2010 17-Sep-2010 BONUS_ISSUE Bonus Issue 1 : 1 Dividend Detail
02-Sep-2010 17-Sep-2010 STOCK_SPLIT Others 2 : 1 Dividend Detail
30-Sep-2009 19-Nov-2009 DIVIDEND Final Dividend 6% Dividend Detail
20-Jun-2008 11-Aug-2008 DIVIDEND Interim Dividend 5% Dividend Detail
24-Mar-2008 14-Apr-2008 DIVIDEND Interim Dividend 5% Dividend Detail
17-Dec-2007 09-Jan-2008 DIVIDEND Second interim dividend 5% Dividend Detail
26-Sep-2007 03-Dec-2007 DIVIDEND First Interim Dividend 5% Dividend Detail
03-Oct-2007 31-Oct-2007 DIVIDEND Final Dividend 6% Dividend Detail
25-Sep-2006 30-Oct-2006 DIVIDEND Final Dividend 5% Dividend Detail
30-Nov-2005 16-Dec-2005 DIVIDEND_IN_SPECIE Dividend in specie 65% Dividend Detail
15-Nov-2005 09-Dec-2005 BONUS_ISSUE Bonus Issue 3 : 2 Dividend Detail
15-Nov-2005 09-Dec-2005 CONSOLIDATION Others RM 0.8 Dividend Detail
15-Nov-2005 09-Dec-2005 BONUS_ISSUE Bonus Issue 1 : 1 Dividend Detail
29-Sep-2005 26-Oct-2005 DIVIDEND Final Dividend 5% Dividend Detail
22-Jun-2004 27-Aug-2004 DIVIDEND First Interim Dividend 5% Dividend Detail
30-Sep-2002 27-Nov-2002 DIVIDEND First and Final Dividend 2.5% Dividend Detail
04-Oct-2001 26-Nov-2001 DIVIDEND First and Final Dividend 2.5% Dividend Detail
27-Sep-2000 21-Nov-2000 DIVIDEND First and Final Dividend 3.5% Dividend Detail
20-Jan-2000 15-Feb-2000 OFFER_SALE Offer for Sale 3 : 2 Dividend Detail
19-Nov-1999 23-Nov-1999 DIVIDEND Final Dividend 5% Dividend Detail

Posted by 129055444514385 > 2019-04-08 15:40 | Report Abuse

just start with 1sen dividend per share .can use the treasury shares as share dividend too.. based on current super low price, dividend yield will be about 4% p.a. with just 1 sen div per share :)

Posted by 129055444514385 > 2019-04-08 16:02 | Report Abuse

Be patient..... it will become a reality soon :)


Vincent Tan plans to list U Mobile by 2020, to delist Berjaya Land

V. Ragananthini /

19 Dec 2018 / 18:54 H.

KUALA LUMPUR: Berjaya Corp Bhd’s (BCorp) founder and executive chairman Tan Sri Vincent Tan Chee Yioun (pix) today announced a slew of corporate exercises, including the potential listing of U Mobile Sdn Bhd and the delisting of Berjaya Land Bhd (BLand) from Bursa Malaysia.

Speaking at a press conference, Tan said the listing of U Mobile will take place either in 2019 or latest by 2020. He noted that U Mobile, which has transformed the local mobile space with competitive pricing, is ready for listing with its positive earnings before interest, taxes, depreciation and amortisation (ebitda) and good customer base.

The group is also weighing the possibility of delisting BLand on Bursa Malaysia, which will then be listed on the Singapore stock exchange.

As for Berjaya Media Bhd, Tan said a profitable private company will be injected into it as part of its regularisation plan to be uplifted from Practice Note 17 (PN17) status before considering a privatisation exercise.

Tan expressed his optimism on BCorp’s business outlook in the coming year.

“We have some good positive things going on. For example, we have the environmental business, our sanitary landfill (for which) we are making headway overseas. We are constructing one in the Philippines now and are going to be building several there. We are also looking at Vietnam and a few other countries,” he said, adding that the environmental business holds bright prospects for the group.

Tan also said that he is planning to sell a prime asset – the Four Seasons Hotel in Kyoto, Japan, which could bring in a gain of disposal of US$350-400 million (RM1.46-1.67 billion) if the deal materialises.

“I think in the next 60 days, we are going to conclude that. I think we will do very well in the investment, we will make a big profit. This is the plan (but it is) subject to confirmation.”

Meanwhile, BCorp, which is working with the Pahang state government via a joint venture to develop an airport on Tioman Island, is hoping to secure approvals from the government in the next few months.

Terming this as a viable business, Tan said this will transform the island’s tourism scene while bringing in more investments.

Commenting on the gaming industry, Tan noted that sales of Berjaya Sports Toto Bhd have increased and will double if the illegal bookies are weeded out. He added that being the sole operator in Vietnam, the long-term prospect for its gaming and lottery unit in the country is good.

Speaking of Berjaya Food Bhd, Tan said there will be more Starbucks stores to be opened and business for the chain has been profitable.

Meanwhile, the revamp of the menu of Kenny Rogers Roasters has turned out well, with the restaurant chain recognising better sales.

Posted by kahhoeng > 2019-04-08 20:16 | Report Abuse

VT can brag about future potential. However, if there's no earning reports that reflect these or dividends after asset disposal, what good is his words? Guess its equivalent to nothing but garbage.

Posted by Eddysurge > 2019-04-08 22:05 | Report Abuse

It's no points to screw up the minority leftover with 38 cents offer in term of valuable bjland and long enough being profitless.Some more how you put bjcorp in dire ( very poor quality ) when you issued additional sum of shares to purchase bjland. After all, no privatisation or equivalent happen.I have to say that bjasset only use 26~27 cents to increase stakeholders of bjcorp believing new issuance shares.

Posted by Eddysurge > 2019-04-08 22:14 | Report Abuse

If you look bjasset daily volume past 2 weeks, they able to sell sem by 2.45% through closed market I believed.

Posted by kahhoeng > 2019-04-08 22:56 | Report Abuse

It seems to me there's no fund interested to buy VT'shares for some reason right now. So, only option left is to have he himself or related companies buying...

Posted by 129055444514385 > 2019-04-09 09:50 | Report Abuse

Bjland holds 40%+ of bjtoto should rise also, right? Haha

BERJAYA SPORTS TOTO BHD

By Kenanga Research

Rating: Outperform (maintained)

Target price: RM2.95

BERJAYA Sports Toto (BToto) is seen as the most attractive sin stocks with its remarkable year-to-date (YTD) gain of 25%, mainly due to improving ticket sales.

This is a turn of fortune after having been suppressed in the past five years due to declining ticket sales.

Kenanga Research said that even with strong gains, BToto is still a laggard as it is the cheapest among sin stocks with its highest dividend yield.

It is offering more than 6% yield against the rest at more than 3% and as such, BToto can be a sector catch-up play.

The research house noted that enforcement efforts to combat illegal operators were healthy for number forecast operators (NFO) as the size for the black market is easily one to times bigger than licensed NFO volumes.

BToto saw a fairly encouraging rise in ticket sales by 5%.

Kenanga Research maintains its outperform call on BToto with an upgraded target price of RM2.95. It also raised its terminal growth from 1% to 2%, similar to Magnum Bhd.Meanwhile, non-Sport Toto contributions, which amount to around less than 20% of the group’s pre-tax profit, are still small and volatile. Philippine-based Prime Gaming Management Corporation continues to receive lower rental income until a new contract is sorted out while earnings from UK-based super sport cars dealer HR Owen were fairly volatile given the auto sales value and the volatility of pound sterling risk.

The group’s 10.2% owned Vietnamese NFO firm Berjaya GTI is still in the red and is unlikely to be profitable in the near future given the infant NFO market there.

Posted by 129055444514385 > 2019-04-09 09:55 | Report Abuse

With amla and cash deposited into banks exceeding rm20,000 must be reported to bank Negara by the banks will discourage gamblers buying tickets from illegal operators. People will be afraid of investigation performed by bnm in conjunction with irb. Predicting bjland will perform better this financial year as it holds 40%+ of bjtoto. :)

Posted by gangnam > 2019-04-09 11:33 | Report Abuse

Lol...who knows...as 85% majority owner of BJLand, BJCorp & Uncle Tan might just declare BJLand's 40% ownership in BJToto as dividend in specie in lieu of cash to make BJLand shariah compliant to enable cash rich royalty to invest in BJLand's property biz to alleviate the public float issue facing BJGroup? This will kill 3 birds with one stone for Uncle Tan on public perception for investibility of BJCorp, BJToto & BJLand by public & investment funds apart from Penta for a win win solution?

Posted by Eddysurge > 2019-04-09 12:41 | Report Abuse

Interesting! gangnam brother, can you illustration specific a bit, how is this plan affected the company above? We know uncle Tan smells the bjtoto can stay OK ,did he starting plans to own it?

Posted by gangnam > 2019-04-09 13:21 | Report Abuse

Lol..can follow the PriceWorth path...whose share price tripled last year from 10 sens to more than 30 sens!..just bring in a high net worth investor like Royalty/EPF to buy off market a substantial stake stake e g 10% of BJLand from BJCorp...but before that...as 60% majority shareholder of BJCorp, Uncle Tan needs to get BJLand to monetize it's 40% share in BJToto by declaring it as Dividend in Specie for all BJLand shareholders including BJLand, Uncle Tan etc. to make BJLand shariah compliant after getting out of the gambling biz...this way BJCorp/ Uncle Tan gets to own directly 85% of the 40% BJToto shares declared as dividend in specie without coming out with any cash since Uncle Tan already smells it OK... Once BJLand is shariah compliant big local funds like KWSP, Tabung Haji can invest in BJLand property/ land development biz to inclease it's liquidity...once that happens BJCorp, BJLand & BJToto will move upwards without resorting to the current practice of right-hand selling to the lefthand to influence the market...

Posted by Eddysurge > 2019-04-09 14:07 | Report Abuse

gangnam brother, 291,333,333 shares issuance by bjcorp to acquire 4.61% bjland, how to solve and what price to let 10% bjland?

Posted by Eddysurge > 2019-04-09 14:34 | Report Abuse

Direct own bjland by offer bjland 38cents or bjcorp shares exchange + few cents gap given. All will feel happy. Once done, bjcorp will shoot up.

Posted by gangnam > 2019-04-09 14:39 | Report Abuse

Lol...u need to look at the bigger picture just sell 10% of BJLand shares at the ratio of 38/30...same deal as Penta...pay RM4 million premium to lay hands on RM1.4 Billion worth of BJToto shares currently owned by BJLand(40,%) surely a win win situation for BJCorp, Uncle Tan and others as well? No need to be a 'dog in the manger' right?

Posted by stahl2017 > 2019-04-09 15:01 | Report Abuse

so far, VT only talked bout his plan on Bjland's prop & hotel assets on media, but he nvr mention the jewel , 40% Bjtoto.

Posted by Eddysurge > 2019-04-09 15:09 | Report Abuse

Without 40% bjtoto, bjland will become critical. Bjcorp loss 10%, chances for merger. Right?

Posted by Eddysurge > 2019-04-09 15:23 | Report Abuse

I think VT is consent about keeping bjland listed and how to benefits him?

Posted by Eddysurge > 2019-04-09 15:28 | Report Abuse

Bjcorp offered penta the deal for 4.61%, later sell 10% same. Bjcorp board anything unusual. This only illustration.

Posted by Eddysurge > 2019-04-09 15:30 | Report Abuse

This is something chinese drama I watched before.

Posted by Eddysurge > 2019-04-09 16:04 | Report Abuse

The new issuance of bjcorp shares, asked yourself, bjasset is the champions. Who is losser, bjcorp if nothing achieved.

Posted by gangnam > 2019-04-09 16:06 | Report Abuse

Lol...will hang around to watch Uncle Tan's drama...be it serious? comedy or a tragedy?

Posted by leek > 2019-04-09 16:19 | Report Abuse

IT WILL BE LIKE LION KING... DREAM COME TRUE... =D MINIMUM 0.60 OFFER!!! MAXIMUM 0.98!!! =D

Posted by leek > 2019-04-09 16:20 | Report Abuse

PENTA FINDING HARD TO COLLECT FROM THE MARKET! =D THEY MIGHT SELL SOME DOWN AND SCARE OFF THE WEAK HOLDERS!!! =D

Posted by kahhoeng > 2019-04-09 16:44 | Report Abuse

all could also possibly due to liar-mentality and crappy management drives away fund managers, resulting in VT having to buy himself or through his associated companies...

Posted by Eddysurge > 2019-04-09 17:07 | Report Abuse

So gangnam brother, you could'nt steal son wife, is no moral by offering cheap price. You admires bjtoto, let talk and unite as family. So , family will booming.

Posted by Eddysurge > 2019-04-09 17:12 | Report Abuse

What kahhoeng said, I quite agreed. It also not about syariah issue that simple.

Posted by stahl2017 > 2019-04-09 17:23 | Report Abuse

I have better hope on Kyoto hotel disposal and outstanding lawsuit case rather than VT privatize news

Posted by Eddysurge > 2019-04-09 17:46 | Report Abuse

If no privatisation, how to let bjland out of 15% issues. This is gangnam brother pointed out. Bjc let out 10% bjland.

Posted by kahhoeng > 2019-04-09 17:49 | Report Abuse

Bursa and SC have kept quite allowing the BJLand conversion of late, there's no more issue with shareholding spread concern right now. It will be only if VT decide to buy more...

Posted by Eddysurge > 2019-04-09 18:18 | Report Abuse

kahhoeng, don't forget VT direct interest at bjland so less, maybe he trying gain back 12% sold previously. How to do it?

Posted by Eddysurge > 2019-04-09 18:28 | Report Abuse

kahhoeng, can you give exactly percentage bjcorp owns bjland & indirect?

Posted by kahhoeng > 2019-04-09 20:30 | Report Abuse

BJCorp ownership in BJLand

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6087357

Direct (units) 191,564,000
Direct (%) 3.839
Indirect/deemed interest (units) 3,686,874,996
Indirect/deemed interest (%) 73.894
Total no of securities after change 3,878,438,996


Remarks :
Indirect Shareholdings No. of shares
------------------------------ --------------------
1) Berjaya Group Berhad 64,286,400
2) Teras Mewah Sdn Bhd 1,214,144,984
3) Juara Sejati Sdn Bhd 1,471,691,000
4) Bizurai Bijak (M) Sdn Bhd 659,100,000
5) Prime Credit Leasing Berhad 14,528,532
6) Inter-Pacific Capital Sdn Bhd 81,000,000
7) Inter-Pacific Securities Sdn Bhd 100,000,000
8) Rantau Embun Sdn Bhd 40,000,000
9) Berjaya Sompo Insurance Berhad 42,124,080
---------------------
3,686,874,996
=============

Posted by kahhoeng > 2019-04-09 20:32 | Report Abuse

VT ownership in BJLand

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6087369

Direct (units) 69,150,400
Direct (%) 1.386
Indirect/deemed interest (units) 4,156,086,872
Indirect/deemed interest (%) 83.298
Total no of securities after change 4,225,237,272

Remarks :
Indirect Shareholdings No. of shares
------------------------------ --------------------
1) Berjaya Corporation Berhad 191,564,000
2) Teras Mewah Sdn Bhd 1,214,144,984
3) Juara Sejati Sdn Bhd 1,471,691,000
4) Bizurai Bijak (M) Sdn Bhd 659,100,000
5) Prime Credit Leasing Berhad 14,528,532
6) Inter-Pacific Capital Sdn Bhd 81,000,000
7) Inter-Pacific Securities Sdn Bhd 100,000,000
8) Rantau Embun Sdn Bhd 40,000,000
9) Berjaya Group Berhad 64,286,400
10) Berjaya Sompo Insurance Berhad 42,124,080
11) Desiran Unggul Sdn Bhd 224,000
12) Hotel Resort Enterprise Sdn Bhd 56,600,000
13) Berjaya Times Square Sdn Bhd 55,881,000
14) Berjaya Bright Sdn Bhd 88,083,000
(Formerly known as Sublime Cartel Sdn Bhd)
15) B & B Enterprise Sdn Bhd 768,700
16) Berjaya VTCY Sdn Bhd 59,891,176
17) MOL.com Sdn Bhd 2,200,000
18) Berjaya Retail Sdn Bhd 14,000,000
----------------------
4,156,086,872

Posted by kahhoeng > 2019-04-09 20:35 | Report Abuse

Penta ownership in BJLand

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6087373

Name & address of registered holder (1) PCM Industrial LP, Craigmuir Chambers, Road Town Tortola, BVI - Disposed 40,000,000
(2) Penta Master Fund Ltd, Craigmuir Chambers, Road Town Tortola, BVI - Disposed 130,000,000 shares
(3) Penta Asia Long/Short Fund Ltd, Craigmuir Chambers, Road Town Tortola, BVI - Disposed 60,000,000 shares


No of securities disposed 230,000,000
Circumstances by reason of which a person ceases to be a substantial shareholder Direct Business Transactions to UBS Securities Malaysia Sdn Bhd. Penta Investment Advisers Ltd is adviser to the fund.

Nature of interest Direct Interest


Date of notice 05 Mar 2019
Date notice received by Listed Issuer 05 Mar 2019




Remarks :
Direct Interest No. of Shares
------------------- ------------------
(1) PCM Industrial LP 165,734,696
(2) Penta Master Fund Ltd 1
(3) Penta Asia Long/Short Fund Ltd 451,292

-----------------
166,185,989
==========

Posted by kahhoeng > 2019-04-09 20:57 | Report Abuse

While BJCorp owns only about 77.7% of BJLand, VT actually owns about 84.6% of BJLand. If Penta ownership is included, VT already controls about 88% of BJLand. With less than 600 million shares that's actually floating, its difficult to believe Bursa and SC have acted in the best interests of minorities when approving the transaction without informing minorities VT's next move.

Posted by Eddysurge > 2019-04-09 21:19 | Report Abuse

This is so details.kahhoeng, so lucky to be you in here. Needs to study before making confused comments. Tq

Posted by kahhoeng > 2019-04-09 21:22 | Report Abuse

You are welcome

Posted by nckcm > 2019-04-09 21:50 | Report Abuse

Why penta master invest in bjland ?