If the family members of Benalac does not have knowledge to manage the business anyone, better sell the business to Chinese investors who are hungry waiting tather than putting inexperience members to sit in board which is non productive at all.
Good opportunity for those who bought during IPO to average up n also for newbies to buy lelong stock. Feel free to buy, nothing wrong in the comp. Cash rich n got dividend. Treat this ctr as fixed deposit.
Next week will be show time. if continue have profit. i will buy more more more until 90 cents. Back to year 2014.. no more brothers problem for this company... after settled all the law sue case.. Cheers for a good company without greedy brothers... :)
THis is the reason for yesterday price high.. Surely will go up.. just wait for the right time.
As per disclosed in the Related Party Transactions (Section 8) of the IPO Prospectus , SSB had on 31 December 2008 entered into an agreement with the State Government of Melaka to reclaim and develop a piece of land measuring an area of 720 acres, and pursuant thereto, SSB had on 10 September 2010 entered into an agreement with BSB to appoint BSB to undertake the reclamation works for the said land ("Reclamation Agreement").
The Board of Directors wishes to inform that prior to the original date of completion under the Reclamation Agreement being 24 April 2016, BSB has been granted an EOT by SSB for a further period of four (4) years, up to 24 April 2020, to complete the requisite works under the said Reclamation Agreement.
The price for reclamation Land will increase significantly, since there are few luxury tourism project been undertaken on few parcel of that piece of land. timing....
Land in prime area is in short supply and therefore pricey. Also no one would reclaim land unless it is in or near the prime area. Weak rm means purchasing land is attractive to foreign investors.
2 years old sticky news written by one Mak also can drive the shares price up 2 sen? EOT also can push the shares price? All gaji buta do nothing just goreng old news here
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Hornet
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Posted by Hornet > 2017-06-14 08:46 | Report Abuse
solve the family issues first, regain the investors confidence then talk about investment