Posted by stockraider > 2020-06-02 22:55 | Report Abuse

It mean alot considering the market cap of bjc at 19 sen is only rm 991m now mah....!!

It will raise the valuation of bjcorp after taking over singer mah....!!

Posted by kahhoeng > Jun 2, 2020 10:42 PM | Report Abuse

What's 20 million profit to 6 billion shares?

Posted by Eddysurge > 2020-06-02 23:07 | Report Abuse

If SC can't see the deal is really a big jokes, all of us should be laughing.

Posted by kahhoeng > 2020-06-02 23:10 | Report Abuse

If bjcorp exchange valuing bjcorp at between 0.60 and 1.00, I won't be so pissed off

Posted by OceanSky > 2020-06-02 23:20 | Report Abuse

The best is to refer to Minority Shareholders Watch (MSWG)

Posted by kahhoeng > 2020-06-02 23:27 | Report Abuse

I have written in to BJCorp seeking the details of the MOU... wait till going through the MOU or if BJCorp refused to email me, I will seek SC intervention. Hopefully, SC will look into the deal and delay the deal until after the impact of covid-19 is clear where financial valuation is possible.

Posted by kahhoeng > 2020-06-03 00:29 | Report Abuse

I know one thing for sure, I will NEVER touch VT's shares FOREVER once my current holding are sold...

Posted by kahhoeng > 2020-06-03 00:31 | Report Abuse

SSlee, thanks, it's well written. I will wait for MOU details before any comment.

Posted by jetta > 2020-06-03 00:51 | Report Abuse

Sslee, appreciated for your job done, good job!

Posted by OceanSky > 2020-06-03 07:32 | Report Abuse

SSLee,
You may add one more point.
7. As VT has conflict of interest on both BjCorp and BjRetail. He shall abstain from corporate decision for the above deal. Even by regulation the deal may not require approval from shareholders, BjCorp shall call for EGM to seek minority shareholders acceptance while he and his related parties shall abstain from the voting right..

Posted by kasinathan > 2020-06-03 08:31 | Report Abuse

In view of the current weak consumers spending sentiment and the fat profit generated from the four seasons hotel, surely VT will ensure the cash from bjcorp to be channel to his pocket.

That's his proven reliable record....hmm minority shareholders would be treated "fairly".....

Don't wasting time here

Posted by Nepo > 2020-06-03 08:51 | Report Abuse

My opinion is that the deal is quite ok for BGroup shareholders who bought the Bjgroup's shares at RM 0.33 or below

Posted by BlackWhite > 2020-06-03 09:02 | Report Abuse

If 30sen something better sell n move on

Posted by shortinvestor77 > 2020-06-03 09:18 | Report Abuse

Yes. Those bought at below 33 cents will be benefited.

Posted by shortinvestor77 > 2020-06-03 09:18 | Report Abuse

But with extra 22% from selling singer, he will have 40% direct shares which is exceeded 33%
It will trigger MGO without approval from Bursa.

Posted by shortinvestor77 > 2020-06-03 09:19 | Report Abuse

VT will offer us 33 cents for the remaining shares IF the deal is successful AND Bursa does not approve any exemption of MGO.

Posted by shortinvestor77 > 2020-06-03 09:24 | Report Abuse

We should 1) let the deal go through 2) complain to Bursa not to approve VT application of MGO.

Posted by Sslee > 2020-06-03 09:25 | Report Abuse

Good morning Oceansky,
Refer:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3055489

3. SALIENT TERMS OF THE MOU

(iii) The Proposed Acquisition shall be conditional upon, amongst others:
(a) satisfactory due diligence on the Singer Group;
(b) the approval of the shareholders of BCorporation at an extraordinary general meeting to be convened;
(c) consent of the creditors and/or financiers of the Singer Group, if required;
(d) approval from Bursa Malaysia Securities Berhad(“Bursa Securities”)for the listing of and quotation for the Consideration Shares;
(e) approvals or waivers from any other relevant regulatory orgovernmental authorities (where applicable);and
(f) any other conditions which the parties may consider appropriate,

all of which shall be satisfied within six (6) months from the date of the definitive agreements to be entered into pursuant to the Proposed Acquisition (“Transaction Agreements”)or such other period as the parties may mutually agree

Posted by simon2020 > 2020-06-03 09:50 | Report Abuse

Looks like a Red Herring to me? To divert attention from the real target? Privatization of BJLand? since RM650 million is coming from Beijing SkyOcean? & more cash compensation from Jeju Korea?

For all we know the proposed MOU signed 2 June is not legally binding, to Acquire Singer may be aborted with 3 months before a Transaction Agreement is signed? This Transaction is also subjected to above mentioned conditions to be satisfied within 6 months by Dec.? Also Singer which was supposed to be injected into BJMedia to prevent delisting has not been resolved with SC by 20 June yet?

Posted by kahhoeng > 2020-06-03 10:05 | Report Abuse

Think we need SC intervention through lengthy investigation into both Singer and the proposed deal before an EGM is convened to seek approval. There's little chance minorities are able to fight through EGM.

Posted by Victor Yong > 2020-06-03 10:16 | Report Abuse

Tan will provide to BCorp a profit guarantee that Singer will achieve a profit after tax of RM20mil per year for 2020 and 2021.

PETALING JAYA: Berjaya CorpBhd has signed a memorandum of understanding (MOU) with Berjaya Retail Sdn Bhd (BRetail) and Tan Sri Vincent Tan, the major shareholder of both BCorp and BRetail, to acquire 100% stake in Singer (M) Sdn Bhd from BRetail for a net payment of RM388mil.

The deal is after the set-off of the inter-company debts of the Singer Group of RM148million against the purchase consideration of RM536 million.

As at Dec 31,2019, the unaudited net assets of the Singer Group was RM561mil.

In a statement, BCorp said the acquisition would involve the issuance of new BCorp shares at an issue price of 33 sen each.

This would represent a premium of 14 sen or about 74% over last Friday’s closing price of 19 sen per BCorp share.

“BCorp will issue about 1.2 billion BCorp shares for the net payment of RM388mil.

“In addition, Tan will provide to BCorp a profit guarantee that Singer will achieve a profit after tax of RM20mil per year for 2020 and 2021.

“Based on net payment of RM388mil for the 100% stake in Singer, this profit guarantee of RM20mil per year will translate to a net price-earnings multiple of 19.4 times, ” BCorp said.

Singer had an existing issued share capital of RM438mil.

Posted by Victor Yong > 2020-06-03 10:21 | Report Abuse

Steady


BJCORP (3395): BERJAYA CORP BHD - Overview | I3investor


BERJAYA CORP BHD
Last Price Today's Change
0.195 +0.005 (2.63%)

Board: MAIN
Sector: Industrial Products
Avg Volume (4 weeks): 13,661,006
4 Weeks Range: 0.19 - 0.21
52 Weeks Range: 0.17 - 0.275
Average Price Target: 0.60
Price Target Upside/Downside: +0.405
Berjaya Corp Bhd is a Malaysia-based conglomerate that is engaged in financial services, consumer products marketing, property investment, hotel operation, gaming, restaurant operation, and others. The consumer products marketing segment and the gaming segment are the two largest segments by revenue contribution, jointly accounting for the majority of the company’s sales. The company’s marketing businesses are carried out through marketing company Cosway and organic product provider Country Farms. The gaming and related services businesses are primarily carried out through Toto-betting-business operator Sports Toto Malaysia and Berjaya Philippines. The company generates the majority of its revenue from the Malaysian domestic market.
Date Close
02/06/2020 0.19
01/06/2020 0.19
29/05/2020 0.19
28/05/2020 0.195
27/05/2020 0.195
22/05/2020 0.19
21/05/2020 0.195
20/05/2020 0.20
19/05/2020 0.20
18/05/2020 0.195
15/05/2020 0.195
14/05/2020 0.20
13/05/2020 0.20
12/05/2020 0.20
08/05/2020 0.20
06/05/2020 0.20

Posted by Victor Yong > 2020-06-03 10:22 | Report Abuse

Very steady compared to other stocks

52 Weeks Range: 0.17 - 0.275

Posted by Victor Yong > 2020-06-03 10:25 | Report Abuse

Notice of Shares Buy Back by a Company Pursuant to Section 127 (16) of CA 2016
BERJAYA CORPORATION BERHAD

Date of buy back from 21 May 2020
Date of buy back to 29 May 2020
Currency Malaysian Ringgit (MYR)
Total number of shares purchased (units) 10,600,000
Minimum price paid for each share purchased ($$) 0.190
Maximum price paid for each share purchased ($$) 0.200
Total amount paid for shares purchased ($$) 2,074,644.74
The name of the stock exchange through which the shares were purchased Bursa Malaysia Securities Berhad
Number of shares purchased retained in treasury (units) 10,600,000
Total number of shares retained in treasury (units) 319,600,000
Number of shares purchased which were cancelled (units) 0
Total issued capital as diminished
Date of Notice 29 May 2020
Date lodged with registrar of companies 01 Jun 2020
Lodged by Tham Lai Heng Michelle

Posted by Victor Yong > 2020-06-03 10:25 | Report Abuse

29 May 2020 Immediate Announcement on Shares Buy Back
28 May 2020 Immediate Announcement on Shares Buy Back
27 May 2020 Immediate Announcement on Shares Buy Back
22 May 2020 Immediate Announcement on Shares Buy Back

Posted by Victor Yong > 2020-06-03 10:26 | Report Abuse

Undervalued?? Buyback continuously

Posted by Victor Yong > 2020-06-03 10:29 | Report Abuse

Issue shares to acquire singer based on 33sen per share... :)

Posted by Victor Yong > 2020-06-03 10:30 | Report Abuse

Why did VT accept bjcorp share valued at 33sen when the share was traded around 20sen ?

Posted by hongheng7 > 2020-06-03 10:40 | Report Abuse

A lots of seller, price can not move up.
Who are selling today?

Posted by wantanmi > 2020-06-03 10:42 | Report Abuse

Yup! Red Herring!!!
"Berjaya Media identified a white knight in the form of Singer (Malaysia) Sdn Bhd, a private vehicle of Berjaya tycoon Tan Sri Vincent Tan Chee Yioun.

But Singer was then embroiled in its own issues with companies commission Suruhanjaya Syarikat Malaysia (SSM) on its audited financial statements, a technical issue which is expected to be resolved by March 31. This would then allow Berjaya Media and Singer to enter a definitive agreement."

https://focusmalaysia.my/mainstream/berjaya-media-gets-extension-on-regularisation-plan/

Posted by Victor Yong > 2020-06-03 10:42 | Report Abuse

Could rise to prove VT was right for the deal

Posted by Victor Yong > 2020-06-03 10:44 | Report Abuse

VT preferred bjcorp shares to singer shares?

Posted by Victor Yong > 2020-06-03 10:45 | Report Abuse

NTA bjcorp rm1.2+

Posted by Victor Yong > 2020-06-03 10:52 | Report Abuse

any good news for bjcorp? VT preferred bjcorp shares to singer shares? guaranteed singer bagi RM20mil to bjcorp for 2020 & 2021? hungry for bjcorp shares....

29-May-2020 29-May-2020 Buyback 2,000,000 0.190 0.195 View Detail
28-May-2020 28-May-2020 Buyback 1,000,000 0.195 0.200 View Detail
27-May-2020 27-May-2020 Buyback 2,100,000 0.195 0.195 View Detail
22-May-2020 22-May-2020 Buyback 2,500,000 0.190 0.200 View Detail
21-May-2020 29-May-2020 Buyback 10,600,000 0.190 0.200 View Detail
21-May-2020 21-May-2020 Buyback 3,000,000 0.195 0.200 View Detail
20-May-2020 20-May-2020 Buyback 3,000,000 0.200 0.200 View Detail
19-May-2020 19-May-2020 Buyback 3,000,000 0.200 0.200 View Detail
18-May-2020 18-May-2020 Buyback 3,000,000 0.195 0.200 View Detail
15-May-2020 20-May-2020 Buyback 11,000,000 0.195 0.200 View Detail
15-May-2020 15-May-2020 Buyback 2,000,000 0.195 0.200 View Detail
14-May-2020 14-May-2020 Buyback 5,000,000 0.200 0.200 View Detail
13-May-2020 13-May-2020 Buyback 2,000,000 0.200 0.200 View Detail
12-May-2020 14-May-2020 Buyback 8,000,000 0.200 0.200 View Detail
12-May-2020 12-May-2020 Buyback 1,000,000 0.200 0.200 View Detail
06-May-2020 06-May-2020 Buyback 5,000,000 0.200 0.200 View Detail
05-May-2020 05-May-2020 Buyback 5,000,000 0.200 0.200 View Detail
04-May-2020 06-May-2020 Buyback 20,000,000 0.195 0.200 View Detail
04-May-2020 04-May-2020 Buyback 10,000,000 0.195 0.200 View Detail
30-Apr-2020 30-Apr-2020 Buyback 5,000,000 0.195 0.195 View Detail
29-Apr-2020 29-Apr-2020 Buyback 5,000,000 0.195 0.195 View Detail
28-Apr-2020 28-Apr-2020 Buyback 5,000,000 0.195 0.195 View Detail
27-Apr-2020 27-Apr-2020 Buyback 5,000,000 0.195 0.195 View Detail
24-Apr-2020 24-Apr-2020 Buyback 4,000,000 0.195 0.195 View Detail
23-Apr-2020 23-Apr-2020 Buyback 2,000,000 0.195 0.195
22-Apr-2020 22-Apr-2020 Buyback 1,000,000 0.195 0.195 View Detail
21-Apr-2020 21-Apr-2020 Buyback 3,600,000 0.195 0.200 View Detail
20-Apr-2020 30-Apr-2020 Buyback 35,600,000 0.195 0.200 View Detail
20-Apr-2020 20-Apr-2020 Buyback 5,000,000 0.200 0.200 View Detail
17-Apr-2020 17-Apr-2020 Buyback 6,000,000 0.195 0.200 View Detail
16-Apr-2020 16-Apr-2020 Buyback 6,000,000 0.195 0.200 View Detail
15-Apr-2020 15-Apr-2020 Buyback 4,000,000 0.200 0.200 View Detail
14-Apr-2020 14-Apr-2020 Buyback 1,900,000 0.190 0.200 View Detail
13-Apr-2020 17-Apr-2020 Buyback 25,900,000 0.190 0.200 View Detail
13-Apr-2020 13-Apr-2020 Buyback 8,000,000 0.190 0.195 View Detail
10-Apr-2020 10-Apr-2020 Buyback 2,500,000 0.195 0.200 View Detail
09-Apr-2020 09-Apr-2020 Buyback 2,500,000 0.200 0.205 View Detail
08-Apr-2020 08-Apr-2020 Buyback 4,000,000 0.205 0.215 View Detail
06-Apr-2020 06-Apr-2020 Buyback 3,900,000 0.215 0.215 View Detail
03-Apr-2020 03-Apr-2020 Buyback 5,600,000 0.210 0.215 View Detail
02-Apr-2020 02-Apr-2020 Buyback 5,500,000 0.210 0.215 View Detail
01-Apr-2020 10-Apr-2020 Buyback 27,000,000 0.195 0.220 View Detail
01-Apr-2020 01-Apr-2020 Buyback 3,000,000 0.215 0.220 View Detail
31-Mar-2020 31-Mar-2020 Buyback 1,400,000 0.220 0.220 View Detail
30-Mar-2020 30-Mar-2020 Buyback 3,000,000 0.220 0.225 View Detail
27-Mar-2020 27-Mar-2020 Buyback 600,000 0.225 0.225 View Detail
26-Mar-2020 26-Mar-2020 Buyback 6,500,000 0.215 0.220 View Detail
25-Mar-2020 25-Mar-2020 Buyback 5,000,000 0.215 0.220 View Detail
24-Mar-2020 24-Mar-2020 Buyback 4,762,900 0.210 0.220 View Detail
23-Mar-2020 31-Mar-2020 Buyback 36,262,900 0.200 0.225
23-Mar-2020 23-Mar-2020 Buyback 15,000,000 0.200 0.220 View Detail
20-Mar-2020 20-Mar-2020 Buyback 13,037,100 0.190 0.215 View Detail
19-Mar-2020 19-Mar-2020 Buyback 25,000,000 0.180 0.200 View Detail
18-Mar-2020 18-Mar-2020 Buyback 20,100,000 0.175 0.190 View Detail
17-Mar-2020 20-Mar-2020 Buyback 71,737,100 0.175 0.215 View Detail
17-Mar-2020 17-Mar-2020 Buyback 13,600,000 0.185 0.200 View Detail
16-Mar-2020 16-Mar-2020 Buyback 8,500,000 0.190 0.210 View Detail
13-Mar-2020 13-Mar-2020 Buyback 12,000,000 0.210 0.220 View Detail
10-Mar-2020 16-Mar-2020 Buyback 23,500,000 0.190 0.230 View Detail
10-Mar-2020 10-Mar-2020 Buyback 3,000,000 0.220 0.230 View Detail

Posted by Victor Yong > 2020-06-03 10:54 | Report Abuse

VT juga sapu from the open market... bjcorp - undervalued kah? :)

TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 09-Mar-2020 Acquired 9,000,000 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 09-Mar-2020 Acquired 141,246 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 09-Mar-2020 Disposed 139,874 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 09-Mar-2020 Disposed 1,372 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 06-Mar-2020 Acquired 1,300,000 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 05-Mar-2020 Acquired 1,800,000 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 04-Mar-2020 Acquired 1,500,000 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 03-Mar-2020 Acquired 5,700,000 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 02-Mar-2020 Acquired 10,500,000 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 27-Feb-2020 Acquired 5,000,000 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 26-Feb-2020 Acquired 3,500,000 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 12-Feb-2020 Acquired 500,000 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 11-Feb-2020 Acquired 1,500,000 - View Detail
TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN 10-Feb-2020 Acquired 4,000,000 -

Posted by Sslee > 2020-06-03 10:56 | Report Abuse

Just send the below email. As minority shareholders you can play your role in holding BOD accountable and answerable:

Dear SC, Bursa and MSWG,
CC copy below email to SC, Bursa and MSWG for your reference/notice.

Dear Ms. Lydia Lye,
Please forward this email to BJcorp Board of Directors

Dear The Board of Directors of BCorporation,
With reference to below Bursa announcement: MOU BCorporation and BRetail have agreed in principle for BCorporationto acquire 100% equity interest in the Singer Group
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3055489
For shareholders’ information, the unaudited net assets of the Singer Group as at 31 December 2019 is RM561.00 million and the estimated total amount of inter-company debts owing by BRetail to the Singer Group as at 31 May 2020 is RM148.00 million. Assuming the final inter-company debt prior to the completion of the Proposed Acquisition remains at RM148.00million and no dividends are declared and paid by the Singer Group after the date of this MOU, the net payment for the Proposed Acquisition will be RM388 million. Hence, BCorporation will issue about 1,175.76million Consideration Shares for the net payment of RM388 million

May I ask the Board of Directors the following questions?
1. A profit guarantee that Singer will achieve a profit after tax of RM20 million per year for the financial years ending 31 December 2020 and 31 December 2021 for 1,175.76million bjcorp shares work out to be 20/1,175.76 = EPS of 1.7 cents. Is this value creation or dilution for Bjcorp?
2. Have the board work out with addition 1,175.76million Bjcorp shares what is the NTA per share dilution? Again is this share value creation or destroying?
3. Is the board of directors protecting the minority shareholders and Bjcorp interest or just work for the interest of Major shareholder TSVT?
4. Pardon me, is the one sided MOU show BOD had failed their duty in protecting the minority shareholders interests and the interests of Bjcorp? Isn’t this whole deal detrimental to Bjcorp interests and only serves to further enrich and increase TSVT control on Bjcorp?
5. May I know when BOD will take action on the BJland shareholder spread of less than 85%?
6. Is the addition 1,175.76 million bjcorp consideration shares is better serve Bjcorp interests if use to make a VGO (share swap or cash option) to take 77.84% subsidiary Bjland to become fully owned company of Bjcorp?

Thank you
Have a productive day

Best Regards,
Lee Soon Sheng

Posted by simon2020 > 2020-06-03 11:04 | Report Abuse

Agree with SSLee...anyway Looks like a Red Herring to me? To divert attention from the real target? Privatization of BJLand? since RM650 million is coming from Beijing SkyOcean? & more cash compensation from Jeju Korea?

For all we know the proposed MOU signed 2 June is not legally binding, to Acquire Singer may be aborted with 3 months before a Transaction Agreement is signed? This Transaction is also subjected to above mentioned conditions to be satisfied within 6 months by Dec.? Also Singer which is having issues with SC on its audited accounts was supposed to be injected into BJMedia to prevent delisting has not been resolved with SC by 20 June?

Posted by Victor Yong > 2020-06-03 11:09 | Report Abuse

Complicated, bjland shareholders hope bjcorp to privatise bjland with bjcorp shares instead of acquiring singer pulak :)

Posted by Victor Yong > 2020-06-03 11:11 | Report Abuse

Bjcorp should pay a bit dividend like bjfood to get a better market price :)


Board: MAIN
Sector: Industrial Products
Avg Volume (4 weeks): 13,661,006
4 Weeks Range: 0.19 - 0.21
52 Weeks Range: 0.17 - 0.275
Average Price Target: 0.60
Price Target Upside/Downside: +0.41

Posted by Victor Yong > 2020-06-03 11:14 | Report Abuse

If u look at the recent QR, retained earnings was more than RM1.2bil, market cap below RM 1bil. The main reason could be without cash or share dividend to shareholders

Posted by kahhoeng > 2020-06-03 11:20 | Report Abuse

Sslee, may I have bursa's email address please? Thanks

Posted by kahhoeng > 2020-06-03 11:22 | Report Abuse

Whatever reason VT has to throw shit at us, if we don't fight back and let the deal through, we'll be at losing end. I'll copy sslee's and have it emailed as well if bjcorp not sending me the MOU these 2 days

Posted by sunnyegg > 2020-06-03 11:24 | Report Abuse

Hi guys, any update? no announcement yet? =(

Posted by Victor Yong > 2020-06-03 11:34 | Report Abuse

Paid ads kah? puji sampai macam ni :)

Vincent Tan, Founder of Berjaya Corporation Berhad
April 3, 2020
Vincent Tan, Founder of Berjaya Corporation Berhad
The founder of Berjaya Corporation Berhad is Vincent Tan Chee Yioun born in 1952. Berjaya Corporation Berhad is listed on the Malaysian stock exchange as diversified conglomerate.

Internet-related businesses, water utilities, media, retail and telecommunications are Vincent Tan’s other stakes that interest him aside from stakes through the Berjaya Corporation group of companies.



He has a net worth of US$1.3 billion (RM4.2 billion) when he entered the Forbes billionaire list back in 2010. His close association with prominent Malay political figures has attributed to Tan’s success in the Malaysian business sector.



Berjaya Corporation

Through the entrepreneurship and leadership skills Tan studied, he established the Berjaya Corporation. A Malaysian pioneer in many innovative business sectors is what he’s known for as well as bringing forth the McDonald’s franchise business into Malaysia all the way back in the 1980’s.

Other international food and beverage franchises were introduced by Vincent Tan ever since.



Consumer marketing, direct selling, financial services, property investment and development are the core businesses of Berjaya Corporation, followed by hotels, resorts and recreation development.

Gaming & lottery management, food & beverage, environmental services & clean technology investment, motor trading & distribution, telecommunication & information technology related services and products are specialised by Berjaya Corporation as well.



Vincent Tan’s Ascot Sports Sdn Bhd received a gaming license back in 2010 however the license was revoked in October 2010.





Below are the listed subsidiaries under Berjaya Corporation Berhad:



Berjaya Land Berhad
Berjaya Sports Toto Berhad
Berjaya Food Berhad (including Pappa Richi brand)
REDtone International Berhad
Berjaya Philippines Inc.




Horse racing

Through one of his representatives, Tan bought a 2-year-old colt from Doncaster Bloodstock Breeze-Up Sales back in April 2014 for £190,000.

Jeremy Gask, from Wiltshire, Australia, is the trainer of the horse. Gask’s business partner, Eamonn Wilmott said “We are very excited, and pleased to have Mr Tan involved. The horse looks exceptional and dominated the parade rings outside the sales.”



Philanthropy



Better Malaysia Foundation provides interest-free loans and scholarships to students in need which was founded by Vincent Tan. Forbes Asia’s list of Heroes of Philanthropy featured Tan back in 2011 for his donation of half his fortune to social causes.

RM 500,000 was donated by Vincent Tan to Mercy Malaysia and Tzu Chi Malaysia back in 2017, both organizations totalling up the sum of his donations to RM7.6 million.

By Aaron
Legacy Times
3rd April 2020 22:50

Posted by Victor Yong > 2020-06-03 11:40 | Report Abuse

wait n see, any related companies of VT will sapu bjcorp shares to give support for the boss' decision :)

Posted by Victor Yong > 2020-06-03 11:42 | Report Abuse

so many paid ads about VT recently kah? :)

https://wargabiz.com.my/2019/09/12/how-many-businesses-does-msian-business-tycoon-vincent-tan-own/

Posted by Victor Yong > 2020-06-03 11:45 | Report Abuse

personally speaking, the share price will rise if the decision on singer is in favour of bjcorp... let's see later :)

Posted by Victor Yong > 2020-06-03 11:47 | Report Abuse

direct biz transactions tak banyak bagi 2020

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
09/03/2020 00:00:00 0.2150 -0.0200 139,874 141,246 30,073 30,368 0.2150 0.0027 -
09/03/2020 00:00:00 0.2150 -0.0200 1,372 141,246 295 30,368 0.2150 0.0000 -
25/02/2020 00:00:00 0.2400 0.0050 1.236m 3.121m 296,640 749,016 0.2400 0.0237 -
25/02/2020 00:00:00 0.2400 0.0050 1.885m 3.121m 452,376 749,016 0.2400 0.0361 -

Posted by Victor Yong > 2020-06-03 11:50 | Report Abuse

should buyback more today to bodek big boss :)

3 June 2020 ?
29-May-2020 29-May-2020 Buyback 2,000,000 0.190 0.195 View Detail
28-May-2020 28-May-2020 Buyback 1,000,000 0.195 0.200 View Detail
27-May-2020 27-May-2020 Buyback 2,100,000 0.195 0.195 View Detail
22-May-2020 22-May-2020 Buyback 2,500,000 0.190 0.200 View Detail
21-May-2020 29-May-2020 Buyback 10,600,000 0.190 0.200 View Detail
21-May-2020 21-May-2020 Buyback 3,000,000 0.195 0.200 View Detail
20-May-2020 20-May-2020 Buyback 3,000,000 0.200 0.200 View Detail
19-May-2020 19-May-2020 Buyback 3,000,000 0.200 0.200 View Detail
18-May-2020 18-May-2020 Buyback 3,000,000 0.195 0.200 View Detail
15-May-2020 20-May-2020 Buyback 11,000,000 0.195 0.200 View Detail
15-May-2020 15-May-2020 Buyback 2,000,000 0.195 0.200 View Detail
14-May-2020 14-May-2020 Buyback 5,000,000 0.200 0.200 View Detail
13-May-2020 13-May-2020 Buyback 2,000,000 0.200 0.200 View Detail
12-May-2020 14-May-2020 Buyback 8,000,000 0.200 0.200 View Detail
12-May-2020 12-May-2020 Buyback 1,000,000 0.200 0.200 View Detail
06-May-2020 06-May-2020 Buyback 5,000,000 0.200 0.200 View Detail
05-May-2020 05-May-2020 Buyback 5,000,000 0.200 0.200 View Detail
04-May-2020 06-May-2020 Buyback 20,000,000 0.195 0.200 View Detail
04-May-2020 04-May-2020 Buyback 10,000,000 0.195 0.200 View Detail
30-Apr-2020 30-Apr-2020 Buyback 5,000,000 0.195 0.195 View Detail
29-Apr-2020 29-Apr-2020 Buyback 5,000,000 0.195 0.195 View Detail
28-Apr-2020 28-Apr-2020 Buyback 5,000,000 0.195 0.195 View Detail
27-Apr-2020 27-Apr-2020 Buyback 5,000,000 0.195 0.195 View Detail
24-Apr-2020 24-Apr-2020 Buyback 4,000,000 0.195 0.195 View Detail
23-Apr-2020 23-Apr-2020 Buyback 2,000,000 0.195 0.195
22-Apr-2020 22-Apr-2020 Buyback 1,000,000 0.195 0.195 View Detail
21-Apr-2020 21-Apr-2020 Buyback 3,600,000 0.195 0.200 View Detail
20-Apr-2020 30-Apr-2020 Buyback 35,600,000 0.195 0.200 View Detail
20-Apr-2020 20-Apr-2020 Buyback 5,000,000 0.200 0.200 View Detail
17-Apr-2020 17-Apr-2020 Buyback 6,000,000 0.195 0.200 View Detail
16-Apr-2020 16-Apr-2020 Buyback 6,000,000 0.195 0.200 View Detail
15-Apr-2020 15-Apr-2020 Buyback 4,000,000 0.200 0.200 View Detail
14-Apr-2020 14-Apr-2020 Buyback 1,900,000 0.190 0.200 View Detail
13-Apr-2020 17-Apr-2020 Buyback 25,900,000 0.190 0.200 View Detail
13-Apr-2020 13-Apr-2020 Buyback 8,000,000 0.190 0.195 View Detail
10-Apr-2020 10-Apr-2020 Buyback 2,500,000 0.195 0.200 View Detail
09-Apr-2020 09-Apr-2020 Buyback 2,500,000 0.200 0.205 View Detail
08-Apr-2020 08-Apr-2020 Buyback 4,000,000 0.205 0.215 View Detail
06-Apr-2020 06-Apr-2020 Buyback 3,900,000 0.215 0.215 View Detail
03-Apr-2020 03-Apr-2020 Buyback 5,600,000 0.210 0.215 View Detail
02-Apr-2020 02-Apr-2020 Buyback 5,500,000 0.210 0.215 View Detail
01-Apr-2020 10-Apr-2020 Buyback 27,000,000 0.195 0.220 View Detail
01-Apr-2020 01-Apr-2020 Buyback 3,000,000 0.215 0.220 View Detail
31-Mar-2020 31-Mar-2020 Buyback 1,400,000 0.220 0.220 View Detail
30-Mar-2020 30-Mar-2020 Buyback 3,000,000 0.220 0.225 View Detail
27-Mar-2020 27-Mar-2020 Buyback 600,000 0.225 0.225 View Detail
26-Mar-2020 26-Mar-2020 Buyback 6,500,000 0.215 0.220 View Detail
25-Mar-2020 25-Mar-2020 Buyback 5,000,000 0.215 0.220 View Detail
24-Mar-2020 24-Mar-2020 Buyback 4,762,900 0.210 0.220 View Detail
23-Mar-2020 31-Mar-2020 Buyback 36,262,900 0.200 0.225
23-Mar-2020 23-Mar-2020 Buyback 15,000,000 0.200 0.220 View Detail
20-Mar-2020 20-Mar-2020 Buyback 13,037,100 0.190 0.215 View Detail
19-Mar-2020 19-Mar-2020 Buyback 25,000,000 0.180 0.200 View Detail
18-Mar-2020 18-Mar-2020 Buyback 20,100,000 0.175 0.190 View Detail
17-Mar-2020 20-Mar-2020 Buyback 71,737,100 0.175 0.215 View Detail
17-Mar-2020 17-Mar-2020 Buyback 13,600,000 0.185 0.200 View Detail
16-Mar-2020 16-Mar-2020 Buyback 8,500,000 0.190 0.210 View Detail
13-Mar-2020 13-Mar-2020 Buyback 12,000,000 0.210 0.220 View Detail
10-Mar-2020 16-Mar-2020 Buyback 23,500,000 0.190 0.230 View Detail
10-Mar-2020 10-Mar-2020 Buyback 3,000,000 0.220 0.230 View Detail

Posted by Sslee > 2020-06-03 11:57 | Report Abuse

Dear kahhoeng,
SC email address: aduan@seccom.com.my
Bursa email address: aduan@bursamalaysia.com
MSWG email address: mswatch@mswg.org.my

Posted by Victor Yong > 2020-06-03 11:57 | Report Abuse

any cross-selling between singer and cosway of bjcorp? acquisition of singer, PE should be lower to around 10, share price of bjcorp should be higher than 33sen. NTA of bjcorp RM1.20+, 50% of NTA~60sen :)

Corporate Profile
Singer (Malaysia) Sdn Bhd (97871-K) (“Singer”) is a consumer durables marketing company that runs on both direct selling and retail marketing platform by merging the best features of a direct selling system with the convenience and reach of a wide retail chain nationwide.

Established since 1906 in Malaysia as a branch of Singer Sewing Machine Company of USA, the Singer brand has been trusted for generations for its sewing machines catering for both the home and industrial use.

In 1989 Berjaya Corporation Berhad (554790-X) (Berjaya) made a takeover bid for SSMC Inc, the parent company of Singer on the New York Stock Exchange which resulted in Berjaya acquiring 100% equity in Singer. Through various subsequent corporate exercises, Singer became a wholly owned subsidiary of Berjaya Retail Bhd on 14 June 2010.

Today, with a retail network of over 700 shops in major townships, suburban and rural areas supported by more than 3,000 sales associates and 350 authorised after sales service contractors, Singer sells and provides easy payment scheme for its variety of consumer durables, both brown and white goods, flat panel television, refrigerator, washers etc, furniture, motorcycles, wellness products and digital products to Malaysia consumers.

Singer was the pioneer in offering flexible Easy Payment Scheme giving customers the option of paying for the purchases by monthly installments that ranges from 3 to 48 months.

With our philosophy ‘Singer Your Friend For Life’, we are committed to making a positive difference to our customers by offering easy payment scheme to enable them to own more household products to make a house a home.