simon2020

simon2020 | Joined since 2017-02-27

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Stock

1 week ago | Report Abuse

Yes! When times are bad! Cash is King! Lowest for BJland was 16 sen, so 20 sen already a premium for VT. If still in profit, better cashout first rather then let VT cashout first since gaming no longer profitable as it used to be with many opposition States not renewing BToto business license? Just my 2 sens.

@yongyong88

Me too, like you was a shareholder many years ago. Now cautious about its news, MOUs, connection. No doubt vt n his family n partners going to make money and you will most probably be the contributors! haha.

Stock

1 week ago | Report Abuse

Was a shareholder before. Anything to do with VT better approach with a long pole? If really want to buy BJland, 20 sen is a good entry point later?

@yongyong88

With all the good news and optimism, we would expect the stock to shoot up with high volume but why did it now fall 2.94% with low volume? Why did MRCB pull out of the HSR consortium? Is there something they know that we don't????

Stock

1 week ago | Report Abuse

@limch
China Railway as new partner?
The money saved from postponing earlier HSR project by Government already used to buy new ETR3 rolling stock and upgrade existing Rail Infrastrucure in Malaysia to support SJSEZ. Let VT do some charity for taxpayers and find his own funds from China Partners for the project which is already a No Go? Will VT embark on a sure loss HSR project like Indonesia? should learn from Malaysian government is wise to save taxpayers money to ask private sector to fully fund the proposed RM100B KL-Singapore HSR. The Jakarta-Bandung high-speed railway, also known as Whoosh, is facing losses: 

First year of operation
In its first year, Whoosh is expected to have a deficit of Rp 3.15 trillion (US$200 million). This is due to the cost of operating the service, paying down loan interest, and meeting tax obligations. 

2023 losses
In 2023, Whoosh and PT Pilar Sinergi BUMN Indonesia (PSBI) recorded significant annual losses. WIKA, a shareholder in PSBI, also experienced losses in 2023. 

H1 2024 losses
Indonesian state-owned enterprises (SOEs) reported Rp 3.53 trillion (US$221.8 million) in losses related to Whoosh in the first half of 2024. 

To close the gap, the consortium responsible for the project, Kereta Cepat Indonesia China (KCIC), is seeking cash deficiency support (CDS). Experts say this will likely come from bank loans. The deficit may continue for decades and could affect the SOEs behind the project.

Stock

1 week ago | Report Abuse

The money saved from postponing HSR already used to buy new ETR3 rolling stock and upgrade existing Rail Infrastrucure in Malaysia to support SJSEZ. Let VT find his own funds for the project which is a No Go? Indonesia should learn from Malaysia to ask private sector to fully fund the proposed RM100B KL-Singapore HSR as the Jakarta-Bandung high-speed railway, also known as Whoosh, is facing losses: 

First year of operation
In its first year, Whoosh is expected to have a deficit of Rp 3.15 trillion (US$200 million). This is due to the cost of operating the service, paying down loan interest, and meeting tax obligations. 

2023 losses
In 2023, Whoosh and PT Pilar Sinergi BUMN Indonesia (PSBI) recorded significant annual losses. WIKA, a shareholder in PSBI, also experienced losses in 2023. 

H1 2024 losses
Indonesian state-owned enterprises (SOEs) reported Rp 3.53 trillion (US$221.8 million) in losses related to Whoosh in the first half of 2024. 

To close the gap, the consortium responsible for the project, Kereta Cepat Indonesia China (KCIC), is seeking cash deficiency support (CDS). Experts say this will likely come from bank loans. The deficit may continue for decades and could affect the SOEs behind the project.

Stock

1 week ago | Report Abuse

It's a wise choice by Government to spend public funds to upgrade to ETS3 with max speed of 160 km/h (cost RM587M) over HSR (cost RM10B) as ROI is better for every RM spent to support SJSEZ? Let VT worry on how to get money to spend on his pet projects.

https://www.nst.com.my/news/nation/2021/12/754580/wee-crm-appounted-procurement-gemas-jb-ets-after-22-pct-price-reductuon

High-speed rail (HSR) trains can travel at speeds of over 200 km/h. Some HSR trains can reach speeds of up to 355 km/h
Explanation
HSR trains use specialized rolling stock and dedicated tracks to travel faster than traditional rail trains.
Lines that can handle speeds of over 250 km/h are considered high-speed.
HSR networks are found in more than 20 countries, mainly in Asia and Europe.
Examples of HSR speeds
China: High-speed trains on PDLs can reach speeds of 300–350 km/h.
Taiwan: The Taiwan High Speed Rail has a top speed of 300 km/h.

Stock

1 week ago | Report Abuse

The price difference between Bjland & Ekovest is not much?. Both has extensive landbank in Johore & connections to Royalty. As an old shareholder, we would think Ekovest has better upside?

The Government is very wise to prioritize public funds to develop & improve existing transportation & rail infrastrucure to support SJEZ. Why settle on a low-end HSR like Indonesia when we already has higher speed ETS3 capable of 160 km/hr?
i.e. Travel time between KL to JB is only 120 mins via ETS3 vs 90 mins via HSR costing as much as RM100B?

Berjaya's Vincent Tan seeks new partner in KL-Singapore HSR bid
By Kok Leong Chan / Bloomberg
10 Jan 2025, 03:54 pm

The rail line, which seeks to cut travel time between the two cities to 90 minutes from more than four hours by car, was earlier estimated to cost as much as RM100 billion as a government-funded project.

The project will now have to be fully funded by the private sector and be financially viable, as the government focuses on developing “public utilities and public goods”, Economy Minister Mohd Rafizi Ramli told a forum in Kuala Lumpur on Thursday. “The determinant is very much the dollars and cents,” Rafizi said.
https://theedgemalaysia.com/node/740556

Stock

1 week ago | Report Abuse

The Government is very wise to prioritize public funds to develop & improve existing transportation & rail infrastrucure to support SJEZ. Why settle on a low-end HSR like Indonesia when we already has higher speed ETS3 capable of 160 km/hr?
i.e. Travel time between KL to JB is only 120 mins via ETS3 vs 90 mins via HSR costing as much as RM100B?

Berjaya's Vincent Tan seeks new partner in KL-Singapore HSR bid
By Kok Leong Chan / Bloomberg
10 Jan 2025, 03:54 pm

The rail line, which seeks to cut travel time between the two cities to 90 minutes from more than four hours by car, was earlier estimated to cost as much as RM100 billion as a government-funded project.

The project will now have to be fully funded by the private sector and be financially viable, as the government focuses on developing “public utilities and public goods”, Economy Minister Mohd Rafizi Ramli told a forum in Kuala Lumpur on Thursday. “The determinant is very much the dollars and cents,” Rafizi said.
https://theedgemalaysia.com/node/740556

Stock

2024-09-10 09:22 | Report Abuse

Managed to grab some at 52 weeks low! Let's treat it as FD and see how it goes after Budget & HSR Winner 🏆 Announcement?

Stock

2024-02-29 09:46 | Report Abuse

Zetrix is now trading at 15.32 compared to USD11.82 one month ago. Buy on any dips as proposed Final Dividend is 1.78 cents per share,with a strong Balance Sheet & steady income from E-Services to Government, Myeg is well positioned to tap China's Growing market in 2024 & Malaysia Government's push for Digital Economy in which Myeg is one of the main beneficiary for E-Services in Malaysia & Ztrade Exports to China. Don't let EPF & Mr. Wong sapu all. That's why I want to repeat everyone has a chance to make profit as Patience has its virtues. Investing in Myeg has earned benefits such as:
* Annual dividend income & dividend reinvestment plan for many long term investors
* Capital appreciation for medium term holders and
* A steady monthly income for short term & day traders
Where else can you enjoy such benefits which is better than FD?

Stock

2024-02-02 12:19 | Report Abuse

Yes for stragglers. Better take this lull to run before VT unleash his full power. Can always come back later to fight another day. Happy CNY!

Stock

2024-01-31 11:50 | Report Abuse

Oh yes, tip for those already made profit at Bjland can invest some in laggard technology stock like Myeg? EPF & KWAP are substantial shareholders. Maybe more Green Packets for Raya?

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2024-01-31 11:27 | Report Abuse

As a long time shareholder. We should thanks VT for lifting the long-term blocks on tightly controlled Bjland which allowed many trapped retailers to leave. Better late than never to take profit before he does like the last major pump in April/May 2021. There will be many rounds to swing in & out with profit as usual. Just be patient as from experience there will be more shows from time to time until YDP makes his policy & intentions known for the next 5 years. Also not forgetting to thank the hardworking promoters who helped make the exit happened for old shareholders of Bjland. Keep up the good work.

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2024-01-29 16:43 | Report Abuse

Wise move. 20 sens profit for this round is good enough since cost only 28 sens similar to VT's 27 sens. As a long time shareholder. We believe VT is up to something when his promoters appear & allows tightly controlled Bjland to rise, so take profit before he does like last major pump. There will be many rounds to swing in & out with profit as usual. Just be patient as from experience there will be more shows from time to time until new YDP comes next month? Keep up the good work.

Stock

2024-01-24 14:32 | Report Abuse

Zetrix is now trading at USD11.82. When others are fearful or getting their positions liquidated by bankers is best time to buy. With a strong Balance Sheet & steady income from E-Services to Government, Myeg is well positioned to tap China's Growing market in 2024 & Malaysia Government's push for Digital Economy in which Myeg is one of the main beneficiary for E-Services in Malaysia & Ztrade Exports to China. Don't let KWAP & Mr. Wong sapu all. That's why I want to repeat everyone has a chance to make profit as Patience has its virtues. Investing in Myeg has earned benefits such as:
* Annual dividend income & dividend reinvestment plan for many long term investors
* Capital appreciation for medium term holders and
* A steady monthly income for short term & day traders
Where else can you enjoy such benefits which is better than FD?

Stock

2024-01-16 17:11 | Report Abuse

For those who missed it. Click on the link 'Check out our latest analysis for My E.G. Services Berhad' in the above report for all the information on Myeg Valuation. Can't post the link directly as blocked by Klse Forum for reasons unknown?

Stock

2024-01-16 16:55 | Report Abuse

Here's a write-up on Myeg's Valuation for anyone interested to read before making investment.
https://finance.yahoo.com/news/investing-e-g-services-berhad-020458280.html

Stock

2024-01-16 16:07 | Report Abuse

Anyone can have opinions but Market is the best judge. Government is pushing for Digital Economy in which Myeg is one of the main beneficiary through E-Services in Malaysia & Exports to China. CNY Rally coming soon so don't miss the show. According to Bursa, Net Short Position already dropped to 9M from 12M previously. Don't let KWAP & Mr. Wong sapu all. That's why I want to repeat everyone has a chance to make profit as Patience has its virtues. Investing in Myeg has earned benefits such as:
* Annual dividend income & dividend reinvestment plan for many long term investors
* Capital appreciation for medium term holders and
* A steady monthly income for short term & day traders
Where else can you enjoy such benefits which is better than FD?

Stock

2024-01-02 12:19 | Report Abuse

What a sad day for VT when everyone including the strong supporters has abandoned ship? Let's see how low can it go? Still remembers when BJLand felled as low as 16 cents!

miniminer

Adooi.... where are the Huatt Chaii !!! Dog & S**** Raider, ask people to buy, halfway missing the direction pulak itu. Ong Heng Huat time mari liao + big block ahead, come out work harder la. ........hehehe..................

Stock

2023-12-28 13:01 | Report Abuse

Patience has its virtues. Investing in Myeg has earned benefits such as:
* Annual dividend income & dividend reinvestment plan for many long investors
* Capital appreciation for medium term holders and
* A steady monthly income for short term & day traders
Where else can you enjoy such benefits which is better than FD?

Stock

2023-11-20 09:43 | Report Abuse

For those who wants more clarification on Zetrix. Can ask here.
https://www.linkedin.com/company/zetrix

Stock

2023-11-19 16:03 | Report Abuse

@moneySifu Here's some of the answers to your questions which I asked on your behalf at Zetrix Official Telegram.

Hello ser! Such a nice friend of you haha come ask him and join our tg or discord!

1)for the seed round we can't disclose who are the parties that purchase, due to privacy issues. for seed phase started quite some time ago around 2020/21

2) people who staked with Zetrix tokens are only entitled to the block reward .basicaly due to consensus, The elected witnesses receive the transaction fees from the validated block, and that reward is then shared with users who pooled their tokens in the successful delegate’s pool.

3)Zetrix has been live since 26 Mar 2022. which means this supply includes Total Genesis Block and ZTX mined in consensus.

Our Consensus reward block rate = 44ZTX per 10s if non-empty block or per 60s if empty block.

4) not necessary, but it depends on the project consensus algorithm& blockchain solution, I would say Mining the words, refers to the process of validating transactions on a blockchain network by solving complex mathematical equations

5) of course, running on Blockchain doesn't mean we don't need manpower, R&D, and so on.

Stock

2023-10-15 11:10 | Report Abuse

Don't main tembak! Pls. elaborate with details.
https://theedgemalaysia.com/node/686075

Stock

2023-10-10 14:41 | Report Abuse

@Eddysurge as an insider & someone close to VT, please advise him to implement Batikman's Reorganization & Restructuring Plan, after having paid so much for his services at Berjaya, it's a waste if just thrown down the drain. If it's still business as usual with no support from local & foreign institutions, VT can only expect gamblers who will only hit & run. Just my 2 cents. Very sure @Sslee will also agrees?

Eddysurge

@simon2020, this bjland full of uncertainty. Can i know, as bjland old investors, whats should they do? I only hope they bjland can merge with bjcorp, then follow by reevaluate and restructure? Whats your?

Stock

2023-10-10 13:48 | Report Abuse

Also BJLand has a high Debt to Equity ratio of 59.3%, where current Debts about 3.55B vs Equity of 5.98B? With depreciation of RM to RM4.71 to USD1, how much more interest BJland will have to pay for its Debts?
#Debt Level: BJLAND's net debt to equity ratio (42.9%) is considered high.
#Reducing Debt: BJLAND's debt to equity ratio has increased from 51.5% to 59.3% over the past 5 years.
#Debt Coverage: BJLAND's debt is not well covered by operating cash flow (12.4%).

Stock

2023-10-10 13:47 | Report Abuse

Key information
Debt to equity ratio 59.3%
Debt RM3.55B
Equity RM5.98B
Total liabilities RM8.40B

Stock

2023-10-10 10:36 | Report Abuse

@miniminer I think most of those old BJLand investors already left long ago or maybe dead? Only left day traders who's waiting for VT to dump? Good entry point is 20 sens & below as you may never know what other impairment loss VT might spring on you? A good example is the recent 99 million impairment loss from sale of GMOC. I believe the arbitration award is about 600 million? If it is not recoverable since the Guarantor for GMOC already declared bankrupt, there's another 500 million impairment loss hiding in plain sight?

miniminer

Ahhhaaa, there you go !!!
Robert Kouk is really taking care of their so call "valuable" investors. Thus, we celebrated his 100 years birthday.
For old BJland investors that lost most of their $$ and become B40, they only can wait and make sure they live longer than those who bullied them while pray for justice. .......hehehe...................

Stock

2023-05-31 09:18 | Report Abuse

Constructive criticisms is always welcome to the Forum. According to Dato' Yeo, Asiaply made profit when MMA raw materials for manufacturing Asiaply's cell cast products dropped from USD2,750 Mt to USD1,400-USD1,350 Mt. Asian MMA price had dropped from USD2,257 Mt in December 2022 to current price of USD1,499 Mt as of May 2023? With increased exports to India, Middle East & US Market and improved company results in latest Qtr., Asiaply should start recording profit from coming Qtrs. in 2023 after economies of scale from Asiaply's new production lines & factory?. Also cashflow will be improved with cash receipt in June for balance of RM10.2 million from sale of 15% shares in Cyprium Wire Technology S/B for RM12 million. Latest Qtr. 4 Report indicated FD of RM14 million with Cash & Bank balance of RM10.35 million, so cashflow is not an issue.

https://www.chemanalyst.com/NewsAndDeals/NewsDetails/methyl-methacrylate-prices-show-bullish-trend-in-the-usa-and-asia-16938
https://theedgemalaysia.com/article/asia-poly-overlooked-stock-amid-pandemic

Stock

2023-04-05 09:58 | Report Abuse

It's good that VT has been selling down his Berjaya shares to a Strategic Partner who could turnaround Berjaya Group's fortunes since none of his children has the business acumen to run his business and can only trade daily at Inter Pacific and talk bad about the company.

Stock

2023-03-24 22:26 | Report Abuse

It's must be a good deal for VT to keep buying BJLand and selling BJCorp lately? Anyway privatisation is a bonus as BJLand already gives a ROI better than FD.

@kahhoeng

You guys must be crazy to bet on bland privatisation... Unless you're VT close buddies or family members

Stock

2023-02-25 14:26 | Report Abuse

Good Qtr with 85M profit. Anybody can explain where the 105.9M dividend income came from?

https://www.theedgemarkets.com/node/656581

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2023-02-17 10:17 | Report Abuse

How to trust VT when Cakap tak serupa bikin? Walk the talk! announce the Definitive agreement on Purchase of MCIS then things could be different? Anyway thxs for the profit...might buy back later once it goes back to son in law price?

Stock

2023-01-26 21:44 | Report Abuse

Yes all the newspapers missed this important announcement by BJLand today on cessation of 80.1% ownership by BJCorp, but who's the new owner?

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD
BERJAYA LAND BERHAD

Subject Dealings During Closed Period
Date of announcement made for "Intention to Deal During Closed Period" 19 Jan 2023

No Salutation Name Designation Description Of "Others" Designation
1 TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN Others Director of STM Lottery Sdn Bhd, a major subsidiary of the Company
Type of Transaction Others
Description of "Others" Type of Transaction Cessation
Date of Transaction 25 Jan 2023
Description of Securities Ordinary Shares
No of Securities Transacted 3,981,782,496
% of Securities Transacted 80.922
Consideration Malaysian Ringgit (MYR) 0.000


Remarks :
*Cessation of deemed interest held through Berjaya Corporation Berhad (the holding company of Berjaya Group Berhad and the ultimate holding company of Teras Mewah Sdn Bhd, Juara Sejati Sdn Bhd, Bizurai Bijak (M) Sdn Bhd, Prime Credit Leasing Berhad, Inter-Pacific Securities Sdn Bhd, Inter-Pacific Capital Sdn Bhd, Rantau Embun Sdn Bhd and Redtone Digital Berhad) and Berjaya Sompo Insurance Berhad pursuant to Section 8(4) of the Companies Act 2016.

Stock

2022-12-25 11:12 | Report Abuse

Guess most of the weak BJLand shareholders has been flushed out including most of the short term day traders? Also I like what VT mentioned during BJCorp's a latest AGM related to BJland's activities which are crucial for BJCorp's successful restructuring:
"BJCorp is getting approval from BNM to turn itself into a financial holding company and will restructure itself into a financial services provider" BJCorp current activities includes stockbroking, asset & land management (BJLand) , lottery operations (BJLand), insurance (BJCorp's share in Berjaya Sompo already sold?), and credit leasing. Incidentally BJLand's core business includes - operations of Toto betting, leasing of online lottery equipment, and the manufacture and distribution of computerized lottery and voting systems, motor vehicle dealership, repairs and maintenance and aftersales services. It also provides development of residential and commercial properties, management and operations of hotels and resorts operations of recreational clubs, vacation timeshare and air charter business. All this activities are crucial for BJCorp's plan to turn into a financial holding company?

At the same time, Berjaya Corp remains in talks to sell several non-core assets (will VT sell part of BJToto's biz in Philippines parked under BJLand (leasing of online lottery equipment, and the manufacture and distribution of computerized lottery and voting systems) proposed by Jalil as mentioned in his restucturing plan) as part of an ongoing effort to cut its debt and exit non-performing businesses, he said.

“There are proposed disposal of BJLand properties e.g. like Berjaya Makati Hotel in Philippines, Berjaya Hotel Colombo in Sri Lanka, Berjaya Beau Vallon Bay Resort & Casino and Berjaya Praslin Resort in Seychelles, Berjaya Hotel Colombo in Sri Lanka, Sheraton Hanoi Hotel in Vietnam (70% owned by BJLand?) which are still in the midst of negotiations (and) are expected to be divested in the coming months," he noted.

On its property development business, Berjaya Corp through BJLand is planning a mixed development project in Iceland under the Four Seasons brand, Tan said. "Iceland has been a good investment for us," he said, without disclosing gross development value for the project.

Berjaya Corp has also secured development order for its Berjaya Hills Resort for the construction of 3,000 houses by BJLand?, he added.

Stock

2022-09-21 19:59 | Report Abuse

Looks like VT's into reverse gameplay..just hold tight..treat as FD and wait for his next moves..VT's going to list a subsidiary in Singapore...maybe BJLand is next?

Currently, the public shareholding spread of BLand stands at 16.50%, a shortfall of 3.50%. The Management of BLand will continue to explore and identify a feasible rectification plan to address the shortfall in the Approved Public Spread.

skynet2000
Presently VT have revert the game play, he dispose off the 140mil shares to "friendly party" or "Proxy Player".
with one more round of 140mil shares disposal, Bj Land will back to liquitable position.
Then MEGA plans could be in place immediately afterward.
As what have been happened on Bj Land, at 2008, after price boosted, only declares plenty of MEGA projects at oversea.

Stock

2022-09-02 16:19 | Report Abuse

Correct! Just collect quietly on any dips since BJCorp has turnaround, treat as FD & wait for VT to make his moves.

ocbc
@Simon2020
That why TSVT own close to 80% of Bjland than Bjcorp mah. Good stuffs keep more.

Stock

2022-08-31 15:42 | Report Abuse

Very interesting. Looks like BJCorp's turnaround is mainly due to businesses parked under BJLand?

"The higher revenue is in line with the increased revenue in all business segments following the resumption of international and domestic travel and further relaxation of the COVID-19 standard operating procedures. In the non-food retail segment, H.R. Owen Plc ("HR Owen") generated higher revenue arising from the higher sales recorded from both new and used car sectors upon the gradual recovery in supply volume after the earlier supply chain disruption. The property segment reported higher revenue driven by higher property progress billings reported from its local project at The Tropika, Bukit Jalil, and higher sales from its overseas residence unit. The hospitality segment also delivered higher revenue as a result of the higher overall occupancy and average room rates reported by the hotels and resorts business, in particular from the hotels in Iceland after the easing of travel and social restrictions during the current quarter under review. The higher revenue in the services segment is driven by STM Lottery Sdn Bhd (formerly known as Sports Toto Malaysia Sdn Bhd) ("STM Lottery"). The higher number of draws conducted, which was forty two (42) draws in the current quarter under review as opposed to only twenty eight (28) draws in the previous year’s corresponding quarter contributed to the increased revenue by STM Lottery. The Group's profit from operations surged by about 779% to RM186.2 million from RM21.2 million in the previous year corresponding quarter, which was in tandem with the higher revenue reported by all the business segments.

Stock

2022-08-16 10:23 | Report Abuse

There's a RM600M arbitration award due anytime to BJLand.
Once paid the previous impairment losess attributed will be reversed into gains for BJLand.

https://www.theedgemarkets.com/article/berjaya-land-wins-rm595m-arbitration-award-against-chinese-mall-buyer

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2022-08-14 14:09 | Report Abuse

Since VT is not sharing his moves, let's share the key events to lookout for on BJLand.
1. QTR. 4 result will be out by 24 August next week. BJLand should show improved results with opening of Covid restrictions & economy.
2. VT needs to sell another 2.948% or 14.74M shares to meet Bursa's 20% Liquidity spread by 22 Sept.
3. So far VT has only sold BJLand shares via direct biz transactions to friendly parties or proxies and not in open market. VT's apparently trying to convince minority he's meeting 20% liquidity spread or is he selling BJLand shares to a proxy in preparation for a GO sooner or later since all the money making assets is hidden in BJLand?

Either way there should be exiting times for BJLand shareholders before GE15?

skynet2000
Presently VT have revert the game play, he dispose off the 140mil shares to "friendly party" or "Proxy Player".
with one more round of 140mil shares disposal, Bj Land will back to liquitable position.
Then MEGA plans could be in place immediately afterward.
As what have been happened on Bj Land, at 2008, after price boosted, only declares plenty of MEGA projects at oversea.

Stock

2022-08-10 12:51 | Report Abuse

We like VT's gameplay. Once he dispose another 1.36% or 66.6M BJLand shares via direct Biz Transaction to a friendly party of proxy player, VT will meet Bursa's minimum requirements of 20% liquidity float...then history may repeats as what happened in 2008...

@skynet2000
Presently VT have revert the game play, he dispose off the 140mil shares to "friendly party" or "Proxy Player".
with one more round of 140mil shares disposal, Bj Land will back to liquitable position.
Then MEGA plans could be in place immediately afterward.
As what have been happened on Bj Land, at 2008, after price boosted, only declares plenty of MEGA projects at oversea.

1)Direct interest
Tan Sri Dato' Seri Vincent Tan Chee Yioun
Direct (units) 66,660,400
Direct (%) 1.355
Indirect/deemed interest (units) 4,003,370,372
Indirect/deemed interest (%) 81.361
Date of notice 05 Aug 2022

Stock

2022-08-10 10:34 | Report Abuse

VT has more then one political masters...being a shrewd bizman he's friendly with whoever can further his biz interests...just look at Johor, Pahang, Sabah & Selangor you'll understand.

Stock

2022-08-09 16:21 | Report Abuse

If really rectified... let's wait for official announcement? Btw VT has been selling BJCorp via direct biz transaction to bankers for goreng purpose since GE15 is around the corner and is expected to fund his political masters?

Stock

2022-07-26 09:34 | Report Abuse

Any compressed spring, rusty or not will bounce back once released! Just look at BJAssets.

Stock

2022-07-24 17:55 | Report Abuse

Goodtimes coming to BJLand's 100% owned Icelandair Hotels, the largest hotel operator in Iceland.
"Revenue from non-Icelandic tourists during the first quarter of 2022 was just over 52 billion ISK compared with the same period last year when it was 7.9 billion ISK. Revenue from non-Icelandic tourists has increased by 337% in the last 12 months when compared with the same period the year before, from 56.8 billion ISK to 248.2 billion ISK.

Turnover according to VAT reports in Icelandic tourism sectors was just over 60.2 billion ISK in January to February, an increase of almost 122% from the previous year.

Estimated overnight stays in hotels in April were 290,000 compared with 49,624 in April 2021. The number of overnight stays by Icelanders were 99,000 (+178%) and the number of overnight stays by foreign guests were 191,000 (+1260%). In April, there were 389,967 departures of passengers from Keflavik airport compared with 18,868 in April 2021. Departures of passengers with foreign citizenship were 102,788 compared with 45,785 in March 2021"
https://www.statice.is/publications/news-archive/tourism/tourism-short-term-indicators-in-may-2022/

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2022-07-19 09:41 | Report Abuse

Nta of BJLand is 76 sens and BJCorp purchased BJLand shares from Penta at 38 sens should be an indicator? Btw BJLand has 35.6M shares in 7Eleven compared to 19.6M shares held by BJCorp...if Caring is sold for RM1.6B to Japanese buyers, BJLand will get a bigger windfall...Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN | https://www.klsescreener.com/v2/announcements/view/3578395

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2022-07-18 13:21 | Report Abuse

Juara Sejati still holds 45.52% shares in Redtone International...that makes it a major shareholder of Redtone?
https://klse.i3investor.com/web/insider/detail/SBSH_543891_2930861111

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2022-07-17 10:22 | Report Abuse

We believe any takeover offer will be initiated by Juara Sejati. Johor Royalty is on BOD of Redtone International?

Stock

2022-07-17 10:13 | Report Abuse

Apparently Juara Sejati & BJCorp acquired BJLand shares from Penta Fund in 2019 for 38 sens per shares
Google search says that Juara Sejati is currently a subsidiary of Redtone International? https://www.edgeprop.my//content/1467250/bcorp-acquire-461-berjaya-land-rm87m

Stock

2022-07-17 10:08 | Report Abuse

Juara Sejati currently holds 1.4B shares in BJLand. Anyone has more details?
3) Juara Sejati Sdn Bhd 1,399,360,850