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2017-02-02 22:20 | Report Abuse
Japan casino play is influencing BJC.TSVT already acquired some land in Japan thru private vehicles and BJ Group of companies. The latest development being the opening of Four Season Hotel in Okinawa is well received and a major boost to BJC investment profit. Lately TSVT had been focusing closely in Japan business development. Recenthe years he attempted to bid for gaming license in Japan but was difficult due to local regulations that time. But now since the Japanese Government under the new PM had allowed gaming to be legalised and the Parliment had approved and enacted gaming for the first time. This allows TSVT to officially bid for the gaming license directly or via partnership. The market is reportedly to be valued higher than the peers in Singapore or Macau. TSVT already acquired substantial landbank in Japan in many years ago when the yen was very low and no revaluation till now. TSVT and BJC foray into the gaming industry in Japan is in focus!
Stock: [BJCORP]: BERJAYA CORPORATION BHD
2017-02-03 10:13 | Report Abuse
True enough that Japan casino is not immediate but interest has already started at ground level. Major international gaming stocks have rallied upon Japanese Government legalisation last December. Moreover BJC and TSVT have a strong foothold there already. Usually stock price moves before news.