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2020-02-07 16:09 | Report Abuse
BINACOM the next TIMECOM! :)
2020-02-05 06:31 | Report Abuse
Huawei--Maxis--Binacom
Maxis boss met with Finance Minister yesterday... Good news coming to Binacom?
https://m.facebook.com/369244243546/posts/10157330994578547/
2020-02-04 16:36 | Report Abuse
OPCOM and BINACOM will rise side by side... :) OPCOM & BINACOM are next Timecom. :)
2020-02-04 16:35 | Report Abuse
OPCOM and BINACOM will rise side by side... :) OPCOM & BINACOM are next Timecom. :)
2020-02-04 15:49 | Report Abuse
Maybe, other similar syndicates are in already
2020-02-04 15:47 | Report Abuse
I'm buying, Friday will fly once Jeju case announce on Thursday. :)
2020-02-04 15:47 | Report Abuse
No worries. :) I'm buying, Friday will fly once Jeju case announce on Thursday. :)
2020-02-04 14:52 | Report Abuse
OPCOM & BINACOM probably target of KY2 soon
2020-02-04 14:52 | Report Abuse
OPCOM & BINACOM probably target of KY2 soon
2020-02-04 12:45 | Report Abuse
Binacom the next Timecom
2020-01-31 16:06 | Report Abuse
Yeah, volumes up, Jeju case won?
2020-01-31 15:08 | Report Abuse
Everytime market slump, BJCORP and bjland will skyrocket up. Let's see if this time the same
2020-01-31 15:08 | Report Abuse
Everytime market slump, BJCORP and bjland will skyrocket up. Let's see if this time the same
2020-01-31 03:21 | Report Abuse
https://elevenmyanmar.com/news/ygn-government-to-build-squatter-housings-in-twanty
New toto license coming soon from Myanmar?
2020-01-31 03:20 | Report Abuse
https://elevenmyanmar.com/news/ygn-government-to-build-squatter-housings-in-twanty
New toto license coming soon from Myanmar?
2020-01-31 03:20 | Report Abuse
https://elevenmyanmar.com/news/ygn-government-to-build-squatter-housings-in-twanty
New toto license coming soon from Myanmar?
2020-01-30 15:47 | Report Abuse
NETX behind is Fintec Global... Many hidden orang kaya are accumulating, using its small companies to goreng...
2020-01-29 15:43 | Report Abuse
1.00 coming... After privatise BJLAND will be 2.00...
2020-01-21 03:54 | Report Abuse
Got money to privatise after winning the court case
2020-01-20 15:29 | Report Abuse
Small shareholders cash out for CNY?
2020-01-20 11:00 | Report Abuse
What about Nextx's parent Fintec? Can buy?
2020-01-17 16:32 | Report Abuse
If compensation close to RM1Bil share price no move... Then really Dalailama lo
2020-01-17 16:06 | Report Abuse
If it is real then BJLAND and BJCORP will be in TOP 3 of the TOP GAINERS lo
2020-01-17 13:27 | Report Abuse
Huh? Any news source about the court case won?
ALL previous Korea news published were the court dismissed the claim...
2020-01-17 12:07 | Report Abuse
2020-01-16 11:37 | Report Abuse
What happens if BJCORP lose the case?
2020-01-15 16:37 | Report Abuse
https://finance.yahoo.com/news/global-chestnuts-market-cagr-almost-164926208.html
Berjaya Corp manufacture chestnuts?
2020-01-15 06:32 | Report Abuse
Latest news in July 2019- only submit letter of intent to arbitrate...
http://www.jejusori.net/news/articleViewAmp.html?idxno=305271
The government's response organization 'launched'
Ministry of Justice, State Affairs Office, Ministry of Land, Infrastructure and Home Affairs, Ministry of Homeland, Jeju Island, 'International Investment Dispute Response Team'
2019-07-26 By Lee Seung-rock
Recreation
Recreation
Malaysian nationals have submitted a letter of intent to arbitrate the International Investment Dispute Settlement (ISDS) against the Government of the Republic of Korea regarding the Jeju Yeorae Recreational Residential Complex project. We decided to correspond.
Berjaya Land Berhad submitted a Notice of Intent to the Government of the Republic of Korea on the 17th under the Agreement on the Promotion and Protection of Korea-Malaysia Investment (BIT).
The Notice of Arbitration is a written notice by the claimant stating that he or she intends to file the arbitration.
In an arbitration intention, Berjaya agreed on the 'BIT on the Promotion and Protection of Korea-Malaysia Investment,' including the Jeju Free International City Development Center (JDC) and the Korean court unfairly treating Berjaya. Allegedly violated its investor protection obligations.
Berjaya said in a statement of arbitration that the company has suffered at least about KRW4.4 trillion (direct loss of about KRW300 billion and loss of about KRW4.1 trillion).
Berjaya was not informed in the arbitration intent of the lawsuit concerning the legality of the disposal of land to be offered by the Jeju Free International City Development Center at the time of the joint venture agreement in April 2008. The court alleged that it was damaged due to the inability to proceed with the business due to the Supreme Court's decision to cancel the acceptance settlement.
When formal mediations are filed, things get complicated. If the dispute is not resolved, the case shall be referred to arbitration. Regardless of the ongoing lawsuit, it is possible and our government cannot refuse it.
Arbitral awards are limited to the financial loss of the investor, the applicable interest and recovery of property. Once the arbitral award is concluded, it has its own strength. The petition itself is impossible, so it is impossible.
The government plans to actively respond by forming a joint response system by forming the 'International Investment Dispute Response Team (Director of the Ministry of Justice), which includes the Ministry of Land, Infrastructure and Transport, the Ministry of Strategy and Finance, the Ministry of Strategy and Finance, the Ministry of Foreign Affairs, the Ministry of Trade, Industry and Energy, and Jeju Island. .
The arbitration proceedings and disputes will be undertaken by the Ministry of Justice's International Legal Affairs Department, the General Affairs Division will be in charge of the BIT, and the Ministry of Land, Infrastructure and Transport will be in charge of the Jeju Island Development Project.
Yerae Recreational Residential Complex Project is a large-scale tourism development complex where Berjaya Jeju Resort invests 2.5 trillion won from 2008 to 2017 on the 74,1193㎡ site of Yerae-dong, Seogwipo-si.
The Supreme Court hit a turning point in March 2015, judging the JDC's land acceptance decision on the business site. The business ran into a wall when the court interpreted the defect as clear until the disposal of the business.
Among the 9 phases of the project, from March 2013, the construction of the 149 households of Gotjawal Village with a total area of 39,9448㎡ on the business site was completed.
When the issue of land acceptance and the licensing process arose, Berjaya filed a lawsuit against the JDC on November 6, 2015, demanding an astronomical compensation of 350 billion won.
© Sound of Jeju
2020-01-15 06:16 | Report Abuse
BJCORP vs Korea Government? Jialat lo
2020-01-14 15:15 | Report Abuse
Dear sifus,
Do anyone know if BJLAND has write down the losses of their BJJEJU project in the last few years financial?
Genting Jeju sold to Landing International Ltd back in 2015/2016 now the company is suffering in revenue....
https://www.asgam.com/index.php/2019/09/01/jeju-gaming-decline-sees-landing-international-fall-into-loss-in-1h19-2/
2020-01-14 12:16 | Report Abuse
DLLM... Dalailama lo... Korea Government bully MNC...
2020-01-14 12:16 | Report Abuse
http://www.ijejutoday.com/news/articleView.html?idxno=214561
Thanks Kahhoeng...
Google translated the Korean news
Jeju Island wins damages between Jeju Island and Berjaya Group
By Kim Kwan-mo 2019.04.18 16:01 Comments 0Facebook
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Cacao story
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The Seoul Central District Court Berjaya Jeju Resort dismissed claims
seem to have affected 3,500 one hundred million won lawsuit against JDC
Jeju Island prevailed after a lawsuit for compensation for damages with the Berjaya Group in Malaysia regarding the suspension of the construction of Yeorae Recreational Residential Complex. The settlement of one of the biggest issues, the resolution, will also affect JDC's litigation.
Bird's-Eye View of Recreational Residential Complex that Berjaya Resort has promoted
The Seoul Central District Court's 33-party civil affairs dismissed a claim for damages against Jeju Island on January 18 by Berjaya Jeju Resort (BJR), a Jeju corporation of the Malaysian Berjaya Group.
The Tribunal dismissed the plaintiff's claim for Berjaya Jeju Resort and ruling the plaintiff to pay the litigation costs.
On March 20, 2015, the Supreme Court judged that the land reclamation complex of the traditional recreational residential complex was invalid and was found to be an illegal administrative disposition due to intentional negligence of public officials.
As a result, BJR, which was a business operator, suffered damages in the amount invested, such as construction cost, and Berjaya Jeju Resort filed a claim of 350 billion won against JDC on November 6, 2015.
In addition, on March 19 of last year, it claimed that Jeju Island and JDC were responsible for the suspension of the construction of the Yerae-dong complex and filed a claim for damages of 210 million won to Jeju Island. JDC has filed a lawsuit of $ 350 billion in damages.
Meanwhile, the Yerae-gu recreational complex development project will invest 2.5 trillion won by 2017, with a land of 74,193㎡ in Yerae-dong, Seogwipo-si, casino town, spa resort, landmark with condominium, 5-star hotel, shopping center, etc. The plan is to build a tower, medical center, spa auditorium and museum. The project has been suspended since July 2015 since it started in 2013.
2020-01-13 15:57 | Report Abuse
https://www.theedgemarkets.com/article/malaysias-shadow-economy-21-gdp-%E2%80%94-lim#.XhwZFTfx7w0.facebook
Time to Legalise sports gambling...
2020-01-13 15:55 | Report Abuse
https://www.theedgemarkets.com/article/malaysias-shadow-economy-21-gdp-%E2%80%94-lim#.XhwZFTfx7w0.facebook
Time to Legalise sports gambling...
2020-01-13 13:29 | Report Abuse
http://www.jejusori.net/news/articleView.html?idxno=305271
Did BJLAND lie? It's just a Letter of Intent to the Korea Government? DLLM
Stock: [BINACOM]: BINASAT COMMUNICATIONS BERHAD
2020-02-07 16:11 | Report Abuse
OPCOM won't be as powerful as BINACOM because the syndicates like orang Cina company... HENGYUAN, JAKS, DAYANG.... now BINACOM... Shooting up!!! :)