Posted by Wahlaueh > 2016-06-11 20:46 | Report Abuse

Tan Sri might ask for another 6 months extension...

Posted by RVI123 > 2016-06-13 12:45 | Report Abuse

Those shareholders remained are those who knew the real values of PJ Dev. That includes one Big Five accounting firm ex-partner. As the previous offer was extremely unreasonable, those who knew the real worth rejected the offer. Based on the present poor market condition, Tan Sri may find difficulties to place out shares to meet the requirement. His another option is to make another low offer. I think the remaining shareholders will not accept and may reject another low offer again.

Posted by socaisocai > 2016-06-17 15:53 | Report Abuse

at least 1.80 lo...1.60 also cant meh..dns

Posted by tssl74 > 2016-07-18 15:44 | Report Abuse

really hope gd news will come very very soon.

Posted by firehawk > 2016-07-18 15:47 | Report Abuse

very yam gong ctr ... vol=0 :(

Posted by firehawk > 2016-07-19 10:49 | Report Abuse

improvement, vol=1 :o

Posted by bone > 2016-07-19 12:24 | Report Abuse

there is not many shares left in the market, hence the low volume

Posted by leelc70 > 2016-07-19 16:47 | Report Abuse

as they willing to rise the privatise price,otherwise no point to buy and sell, just received therie regular dividend also not bad

Posted by bone > 2016-07-28 16:59 | Report Abuse

just make a higher offer than before and buy all the remainder shares

Posted by firehawk > 2016-07-29 16:13 | Report Abuse

drop like heck! holders can only hold it for dividend. once they sell, loss like heck!

Posted by bone > 2016-08-03 10:32 | Report Abuse

not many shares, so when people dump the share it will be a desperate sell, hence the drop

Posted by Invest33 > 2016-08-03 16:39 | Report Abuse

volume buiding up, something brewing???

Posted by bone > 2016-08-11 17:05 | Report Abuse

plenty of volume these days

Posted by firehawk > 2016-08-26 15:12 | Report Abuse

ya lor ... vol and price also building .....

Posted by bone > 2016-08-29 00:15 | Report Abuse

another 6 months extension to public shareholding spread

Posted by bone > 2016-08-29 16:27 | Report Abuse

volume coming

Posted by Wahlaueh > 2016-08-30 11:15 | Report Abuse

Tug-of-war...

Posted by Wahlaueh > 2016-08-30 11:16 | Report Abuse

89.3 vs 10.7

Posted by Garfield91 > 2016-08-30 11:23 | Report Abuse

going to get more share this week

Posted by enid888 > 2016-08-30 20:09 | Report Abuse

OSK Holdings Berhad offers to take over PJ Dev at RM1.50 per share n RM0.50 per warrant.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5194177

Posted by lkoky > 2016-08-30 20:32 | Report Abuse

haiz, a sad story.

Posted by enid888 > 2016-08-30 20:35 | Report Abuse

This time is still the same. I will again reject the offer.

Posted by abangadik > 2016-08-30 20:35 | Report Abuse

Tan sri is one of those boss, you don't want to work with. There are good fundumental company and bad company. But good fundemtal company with bad boss that don't care about the shareholders are also bad company.

Posted by kevin008 > 2016-08-31 11:19 | Report Abuse

Block comment?

Posted by enid888 > 2016-08-31 11:57 | Report Abuse

Based on the list of the Group's Top Ten Properties, almost all the properties in the book are not revalued and undervalued.

For example, the land in You City, the 10.71ac land is the most valuable in that area. The proposed future development will be directly facing the highway and directly connected to MRT1 which will be operational in 2017. On 5/7/2016, Guocoland bought from market the land which is exactly behind this piece of land at RM248/ sq ft. I think the You City land should reasonably worth RM350/sq. ft. as compared to RM60/sq ft in the book. The Revised Net Book Value should be RM163.3mil as compared to RM28.2mil in the book. There is a undervaluation of RM135.1mil just for this piece of land.

The link for recent transaction of the land behind PJ Development by Guocoland.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5143301

Posted by kevin008 > 2016-08-31 12:11 | Report Abuse

This round need to take over 99 percent only sucess?

Posted by FAIRnREASONABLE > 2016-08-31 12:43 | Report Abuse

Don't sell. The offers are worse than the previous offers.
We should not be bullied by this ridiculous take-over deal which is UNFAIR & UNREASONABLE.

Bear in mind that OSKH is DESPERATE in taking PJD private.

We together can actually hold this unfair and unreasonable plan to our advantage by NOT SELLING. We can then demand a more reasonable price together considering that there are much more values in PJD than reported.

As discussed by others, the almost all land are undervalued. The multi-billion Melbourne project alone is going to bring in huge profits, which the ongs what to take for themselves and not to share with us.

Offer price for Warrants is more ridiculous, since there is over 4 years maturity date.

Posted by FAIRnREASONABLE > 2016-08-31 17:22 | Report Abuse

I shall write to MSWG (Minority shareholders Watchdog Group) to request for a forum of minority shareholders of PJDEV.
We need to group together to demand a fair & reasonable offer - NOT worse and worse offer.

Posted by kevin008 > 2016-08-31 19:21 | Report Abuse

tmr gap up haha

Posted by bone > 2016-09-01 09:31 | Report Abuse

Just wondering, maybe those that are familiar with all the regulations can explain, is there any chance where they can force the remaining minority share holder to sell their share if they public spread has reach a certain percentage?

Posted by enid888 > 2016-09-01 09:48 | Report Abuse

I am still trying to get the terms and conditions of the offer. They have not given full terms and conditions yet.

Posted by bone > 2016-09-01 10:02 | Report Abuse

Yeah better be clear with the terms and condition. I know some of the guys here ask to hold and refuse to sell. Just don't want some to run into the stage where the shareholders have no choice but to force sell to them with a much lower price after that

Posted by enid888 > 2016-09-01 10:19 | Report Abuse

Kevin008, do u face the same problem? Comment can not go through.

Posted by socaisocai > 2016-09-01 10:45 | Report Abuse

old fox Mr ONg coming to town!!

Posted by RVI123 > 2016-09-01 11:44 | Report Abuse

FAIRnREASONABLE, you are right. The Melbourne Southbank is jewel of the crown of PJ Development. The first phase of the project will be launched in end of this year.

Posted by RVI123 > 2016-09-01 11:53 | Report Abuse

Kevin008 n enid888, I also face the same problem. a few of my comments can not be sent out. Is it blocked? Why?

Posted by kllow > 2016-09-01 12:06 | Report Abuse

What is your purpose of buying PJDEV shares ? To make $ from share price appreciation OR to fight with major shareholder ?

Posted by Invest33 > 2016-09-01 12:16 | Report Abuse

Any reason for people to buy above the offered price of RM1.50?? need advice.

Posted by kllow > 2016-09-01 12:50 | Report Abuse

According to last offer, record shows major shareholder is the one who aggressively buys above the offered price for first few days

Posted by NavinShah > 2016-09-01 14:08 | Report Abuse

Net assesst per is over RM2-50 per share. This is stealing
in the broad day light.

Posted by FAIRnREASONABLE > 2016-09-01 20:56 | Report Abuse

Please write to Mr Quah Ban Aik, the Head of Corporate Monitoring & Investor Complaints of MSWG (Minority Shareholder Watchdog Group) to ask MSWG to organise a forum for minority shareholders of PJD. When sufficient number write in, the forum will be organised.

His email is: banaik.quah@mswg.org.my

MSWG organized such a forum in 2014 and published its computation of PJD warrant at a value of 1.57 against offer at 0.60.

We were misled by directors of PJD & OSKH who had all along stated openly the desire to maintain the listed status of PJD. Many believed that and invested (not trading) for the long-term in PJD.

Posted by RVI123 > 2016-09-01 23:25 | Report Abuse

Ok. I will write to MSWG.

Posted by Happykoo > 2016-09-02 08:21 | Report Abuse

Better avoid ong pig pig company,he the same like politician ,the word out from his mouth can't even believe...in his mind only wanna to "eat"and "rob"....fxxxxxxxx

Posted by FAIRnREASONABLE > 2016-09-02 11:09 | Report Abuse

Great. Please write to MSWG.
Remember the case of MBF? Persistent minority shareholders finally managed to get an improved offer.

I believe OSKH minority shareholders will suffer the same fate. As value emerges, it will be taken private at lowest price possible.

Posted by bone > 2016-09-02 16:41 | Report Abuse

with all the volume, people are selling it to them anyway haah

Posted by NavinShah > 2016-09-02 17:28 | Report Abuse

Email address is wrong. I tried sending but cannot
go lah. Give the correct email address.

Posted by CFTrader > 2016-09-02 20:48 | Report Abuse

Lesson for today : Do Not Trust OLH... look at WILLOW and all his related-counter.

Posted by RVI123 > 2016-09-02 21:57 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5195829

On 1/9/16
OSKH bought 369,300shares of PJDev. Who are the buyer of the remaining 832,700shares.

Posted by FAIRnREASONABLE > 2016-09-02 23:09 | Report Abuse

email:

banaik.quah@mswg.org.my

should be correct, and I managed to contact him.

MSWG webpage with key persons is at this link:

http://www.mswg.org.my/page.php?pid=218&action=preview&menu=main

Posted by FAIRnREASONABLE > 2016-09-02 23:12 | Report Abuse

Interesting to know who bought the bulk.