Hi Jay..nice to find this article while surfing and learn few pointers...Do you still trade CW? may be catch up few sharing as this market correction is best time picking?? u may pm me under Tan BL.TQ

On Monday, Prime Minister Datuk Seri Anwar Ibrahim, speaking at the launch of "Karnival Segalanya Felda Wilayah Mempaga" in Felda Chemomoi, said, he had this week approved financial assistance of RM300 million for BHB and is looking for another RM2 billion to support LTAT from making losses.
https://www.nst.com.my/business/corporate/2023/10/963207/ltat-proceed-general-offer-boustead-plantations-rm155-share
So wait for the money to come from ???

So next time who ever want to buy GLC company,better ask ther BOD to give personal guarantee that they will not change their mind on the agree deal,no excuse of arahan dari atas bla bla bla !!!!

insider trading ?? 7 April buy ,news out price rally, sell on 9 June..

Hi..any idea what the warrant exercise price? Thk

what the penalty if BJ land not comply? delist?

Thk Mr SS Lee..btw what the penalty if BJ land not comply? delist?

notice there are 5549 joker RSS today..

BJLand...
Thk Mr Lee Soon Sheng for taking action..btw how many time it has been extended..Any other company granted the same amount of time previously??

Posted by hanna20 > Jun 17, 2021 3:39 PM | Report Abuse
What is Jalil's next strategy?

May be he should get some venture capital to come to participate the restructuring, and reduce the debt, same time give away some stake..cut loss 1-2 company as collateral damage

Posted by scanluver > Jun 16, 2021 2:58 PM | Report Abuse
He sell some bjcor,p bcos of cross holding of associates & bcos he wants to prevent GO when his Loan Stock mature in 2022 mah!

Just curious..what is VT cost on the loan stock ?? what he balance now have ? hmmm

Posted by cunoldfox > Jun 16, 2021 12:06 PM | Report Abuse

each selling block is very huge, not from retailer

That i puzzle as well who is the buyers? Since no fund manager interest VT counters, is it VT proxy??

still puzzle who are the big buyers since VT indirectly been selling block??? If left to right pocket,need declare also

just puzzling,VT son selling big,but who are the big buyers???hmmm

Thk Mr Albert Yek..so this collectuon will give some cash flow..

Hi new here ..some kind expert can help...
1.Is the highway partially open and collecting toll?Or need to wait the final section ( 30 months complete) to collect toll ..
2.The conversion of RCPS..Read the additional listing shares issue price is 0.28..are they related ? how much IJM and rest others paid for for the conversion? Asking this to gauge whether the management is practising good governance since investor need to commit with them for the next 3 years.
3. Any comments on their warrant..WF and PA( over value??) ?
TQVM

Hi Mr Ben Tan,you did well comb thru the short seller data.After receiving the BURSA email replied,I have followed up with request them to publish daily the RSBB ( regulated securities buy back !!! ) ,since we have RSS( now in trading platform daily ),Net short position ( daily annoucement ond day delay) for transparency and level playing filed to all.The "One shot" return of borrow securities accumualate many days is tantamount ambush shooting the retailers. If the off market deal by major shareholders need announce, then the short sellers off market deal should not be an exception !!! If pump and dump is a illegal, then the dump ( short sell together with bad write up /rumours legally or illegally) and pump isnt it illegal as well? Hope all can write to BURSA to make the requests and give them pressure and urgency to do that ...The short sell Game stop here !!! Good luck !

These are their stores to boycott ...Adidas G2000
Topshop BCBGMAXAZRIA i.t
Uniqlo Burton Menswear London Karen Millen
Wallis Dorothy Perkins Miss Selfridge
Warehouse Fox Kids and Baby Topman

ya..boycott their business also!!!

My respect to Mr. Koon Yew Yin for apologising to Mr KC Chong for in-advertently written some mis-statement unitentionally. There is no right or wrong or best method ,FA vs TA ,and FA+TA, Quantum FATA,HF Trading etc,etc as market is dynamic.Same like TaiChi vs Shaolin vs Brue Lee-which one is better? Depend how one master the skill and where is the fighting ground.The saying go, there is no holy grail in the market.

But good thing about FA is if one is good & sharp,can find some cockroaches in the previous report and tell tale about the integrity of the management.So,even the share price run up but likely not sustainable.It will drop when game over.One pitfall of FA is the value trap but can easily be avoided if one know ( FA again) what is the current & oncoming strong sector.TA is the safety net when FA fail,eg due to some fraud,may not by Director but by the Senior Management or some thing unforseeable-eg policy change,etc.The above just my humble opinion.

Then experience and wisdom like Mr Koon have, will help as well in one investment decision.
Hope both and other experts can continue contribute holistically for benefits of the readers to make money,or less mistake, in this hard time.
Happy investment,trading,success & good health !
TQVM

Hi Mr Yeo,
you must be then hard working & smart (at your young age) able to do the back test...i heard in one share talk by Singaporean some where about back testing of technical indicator for reliability by Sing Exchange..could not find the article.....you may wish to check it out for sharing or do the back the your self from the soft ware..
..i not so good at IT :(..
Appreciate share the outcome
Thank you.

i dont get it..the major shareholders been selling like no tomorrow....

TQ for sharing..unfortunately unable to fully digest the insight

Can anyone enlighten whether the multiple proposal/merger of OSK/OSKP/PJD/OLH/OLH FLY conditional with the RHB/CIMB merger ?What if it is called off? Head he win, tail we lose?? TQ

another of my concern what if he withdraw his proposal or lower his offer giving excuse of bearish market, another free falling for PJD ???..read the proposal CONDITIONAL..yet to find out what conditions..?? any one can enlighten?

whether intentionally or unintentionally, ttb not taking any action to tackle the discount as per spelt out in the prospectus, there by giving hope to retailers that they are buying icap at under value..?? But keeping cash waiting for market crash, the NAV would fall as well...I am one of the very earliest subscriber of Icap,..drop off after few years as as he still taking of Parkson..which is not doing well in China( used to)..with Alibaba the game changer..so he got lost of the new investment structure and without doing anything?? ..but to show sincerity,he should give rebate of his fund fees...since what is is doing as mostly PR, even at his expense ( look good?) but the source is from the million fees he charge...He should get some retired fund manager to sit in the board to brain storm investment idea and stock picks since he is going global, not a polis ( with due respect) to catch stocks??

The 70% of the significant minority contributed money as share capital for PJD to employ the staff. OLH only 30% and same time almost whole family collecting director fees and benefits.
Forgot to rebut him when he said the NTA of PJD would be lower when the WC converted to the share and share base increase.He did not mention same time PJD would collect Rm 1 cash upon the conversion !!! When shareholder criticise and condemn his action,he caution share holders not to give him threat.He miss the good opportunity to give share holders to explain his game plan.

Hi all,

Yesterday the Minority Shareholder Watchdog Group ( MSWG) organised the OSK/OSKP/PJD take over forum due to the 60+ ( fortunately??) complaints received. The news appear in Sinchew Newspaper today.

Suggest everyone write to the MSWG (web : www.mswg.org.my ) people in charge to "motivate" them to take the issue further. and keep the momentum...the more BEES,(see quote at the end) the better....Just my huimble thought...

Mr.Chong Chee Fern,
General Manager,Corp. Monitoring Div : chongcf@mswg.org.my

Mr.Lee Chee Meng,
Manager, Corp. Monitoring Div : chee.meng@mswg.org.my

Mr.Quah Ban Aik,
Head,Corp Monitoring Div : banaik.quah@mswg.org.my

RE: OSK/OSKP/PJD TAKE OVER ISSUE-COMPLAIN ON UNFAIR AND UNETHICAL PRACTICE

Thank you to MSWG for your concern and effort to orgainse forum on 5th Nov 2014 to look into our complains.
We hope you would take up this matter further and escalate to higher level of authority to investigate and rectify the matter for the benefits of minority shareholders, confidence and reputation of the market at large

We are sure upon successful restoration of fair practice, many retailers would join and support MSWG in many activities to come.

Thank you..


** you may edit your own words..


Also encourage to write to SC as follow:

Investor Affairs & Complaints Department
Securities Commission Malaysia
No 3 Persiaran Bukit Kiara
Bukit Kiara
50490 Kuala Lumpur
Tel: 603 6204 8999
Fax: 603 6204 8991
E-mail: aduan@seccom.com.my

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Float like a butterfly, sting like a *bee. ..
Muhammad Ali

*as a minority shareholders ?? see how many bees he can tahan..

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Hi

a victim has complained to Security Commission & cc to Minority Watchdog Group on the following events:

Event 1.
On 10th Oct 2014 –appear in Star Online: PJD-OSK Property merger ‘quite soon’, no privatisation of merged company

http://www.thestar.com.my/Business/Business-News/2014/10/10/PJDOSK-Property-merger-quite-soon-Ong-No-intention-to-privatise-merged-company/?style=biz

The contents of the news:
KUALA LUMPUR: A merger and consolidation exercise between PJ Development Bhd (PJD) and OSK Property Holdings Bhd is expected to materialise soon. Veteran stockbroker TSOLH said the exercise “will be quite soon”….

….Meanwhile, he expects PJD’s net profit to grow by 20% for the financial year ending June 30, 2015. “This will be backed by the advancement of certain projects, with the majority of it coming from YOU City @ Cheras, among others,” he said.

…..Yesterday, PJD received unanimous shareholder approval to purchase about 2ha of freehold land in Melbourne, Australia for RM432.1mil, equivalent to RM21,307 per sq m

Question No. 1:
Is the news and announcement misleading to the public? Now is not merger but tri-party private agreement. And announcement of merger and 20% grow, does it give false confident to the market?
Market response on 10th Oct 2014: PJD CLOSE + 1CENTS UP AT 1.80, OSK PROP + 10 CENTS UP AT 2.45, but FBMKLCI down -21 POINTS & most counters down.

Has the major shareholder declared the oncoming private tri-party Share Sale Agreement (SSA) before the AGM voting on the purchase of land in Australia, the outcome could have been different. The SSA was announced on 15th Oct 2014 and it is not ink over night.

Event 2.
On 14th Oct 2014, 6.32pm, BURSA web announcement:
Changes in Director's Interest (S135) - Ong Ju Xing
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1765141

The Director is believed to be closely related to the major shareholder. Further study note that the changes is by his spouse purchase made in year 2013.

Question No. 2:
Why the Director made announcement for purchase made in 2013? Does it give false market confident again if one did not study in detail of the purchase?

Event 3.
On 15th Oct 2014, 7.22pm announcement of Multiple Proposal as per the subject of this letter. The market response with the counter OSK property & PJD gap down.

Question No.3:
Does this proposal contradict what is being said on 10th Oct 2014,as it is different takeover offer : mandatory take-over for OSK Property but voluntary take over for PJ Development.


SC is to scrutinise the events and whether the proposal is in breach of any regulation, and check who are the buyers and sellers before and after the events.

The action of the major shareholder has disrupted free market mechanism and able to manipulate market price...and able to outsmart the minority share holders at his mercy with paper shuffling,.

.... dangerous precedent will be made by major shareholder of this modus operandi in future by depressing market prices to his advantage,... even if the security counter has good fundamental.

& what will happen to the market if the major shareholder aborts his SSA abruptly?......

***********************************************************************************************************************
"Victims " are strongly encourage to write to the authority on the unfair action etc.. at your own extra points...
For the benefits of those miss the details( TQ to Mr Ravi Kumar and many others help to compile the contact)

Investor Affairs & Complaints Department
Securities Commission Malaysia
No 3 Persiaran Bukit Kiara
Bukit Kiara
50490 Kuala Lumpur
Tel: 603 6204 8999
Fax: 603 6204 8991
E-mail: aduan@seccom.com.my

& CC to

Lya Rahman
General Manager, Corporate Services
MINORITY SHAREHOLDER WATCHDOG GROUP (MSWG)
11th Floor EPF Building
Changkat Raja Chulan
Off Jalan Raja Chulan
52000 KUALA LUMPUR
Tel: (603) 2070 9090
Fax: (603) 2070 9107



& btw MSWG would be organising a forum where the issues can be discussed. The event will be held as follows:

Date: 5 November 2014
Time: 2.00 pm
Venue:
MSWG Training Centre, Minority Shareholder Watchdog Group
11th Floor, Bangunan KWSP, No. 3, Changkat Raja Chulan\
Off Jalan Raja Chulan, 50200 Kuala Lumpur

2 pm registration
2.30 to 3.45 pm PJDEV and OSKP (Takeover)

Contact the following to register via phone or email
Ms.Zairina zairina@mswg.org.my
Mr.Vinodth vinodth.ram@mswg.org.my
Ms.Sharon sharongoh@mswg.org.my

Time to make your voice heard.
Good luck.!!

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"The Only Thing Necessary for the Triumph of Evil is that Good Men Do Nothing "-Edmund Burke
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