pls for your hard earn money sake avoid this counter all your life. delete it from your mind. oledi 13 yrs at 25 cts been keeping. till death NO do me a apart ,
from 2007 till 2019 never drop below .25, pls la dont tipu orang la vincent Tan give you chance to buy at this rock bottom price all sudah jalan, this not yet ,,buy la and keep,average down at .22 can sell all yr 1mil shares
impact on bjcorp? KUALA LUMPUR (July 14): Berjaya Media Bhd (BMedia) will be delisted from the Main Market of Bursa Malaysia on Friday after Bursa Securities dismissed its appeal for an extension of time to submit its regularisation plan.
In a bourse filing today, the publisher of The Sun newspaper said the regulator has decided to delist the company pursuant to Paragraph 8.04 of Bursa's Main Market Listing Requirements.
"Upon the delisting of the company, the company will continue to exist but as an unlisted entity. The company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the company's performance," BMedia said.
"However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities," it added.
The Practice Note 17 (PN17) company on June 17 requested Bursa Securities for an extension of time to submit its regularisation plan.
BMedia slipped into PN17 status in June 2017 after its shareholders' equity on a consolidated basis fell to less than RM40 million, representing 25% or less of its issued capital.
Trading of BMedia shares has been suspended since Nov 5, 2019, after its failure to enter into a definitive agreement with a white knight by Oct 20 that year.
American Century Investment Management, Inc., Mackenzie Financial Corp., AQR Capital Management LLC, & Norges Bank Investment Management, appears as BJC Institutional shareholders. (From Dec2019 till current. B.Rock, Parametric, & Pheim Asset no more in sight) American Century Investment Management, Inc. also seems like holding some BJL. Anyway, not many shares are these fund holding on BJC or BJL. Few hundreds 'K till 'M only.
BJMedia still got 40,880,000 shares in BJCorp! Will it sell cheap to pay debts as delisted and bankrupt?
kahhoeng Don't know about hanky panky at bjmedia, anyone? what's interesting, though, is rumor of injecting Singer into BJMedia that remains rumor till delisting. Yet, BCorp is proposing to buy Singer with 1.1 billion BCorp shares, what a shame, the independent directors of BCorp... 15/07/2020 6:07 PM
Ohh ! I see, All bjmedia shares issuence money thrown into bjcorp shares and building .Bussinesses is only excuses. So, be careful, bussinesses only excuses.
Yes, as I have mentioned earlier, it's the whole 'Left pocket, Right pocket' magic trick that keeps investors mesmerized. It's sad to see people getting themselves stuck on a sinking ship.
Eddysurge That's why, profits and losses only a gimmick in berjaya group.
3395 BJCORP BERJAYA CORPORATION BHDNotice of SBB by a Company Pursuant to Section 127 (16) of CA 2016Date of Buy Back:22/06/2020 to 30/06/2020No. of Shares Purchased:5,000,000 sharesMinimum Price Paid For Each Share Purchased:RM 0.190Maximum Price Paid For Each Share Purchased:RM 0.195Total Amount Paid For Shares Purchased:RM 972,222.58Shares Were Purchased Through:Bursa Malaysia Securities BerhadNo. of Shares Purchased Retained in Treasury:5,000,000 sharesTotal No. of Shares Retained in Treasury:340,600,000 sharesTotal Issued Capital as Diminished:Date Lodged With Registrar of Company:02/07/2020Lodged By:Tham Lai Heng MichelleRemarks:You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By: 02/07/2020 07:00 AM
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kasinathan
967 posts
Posted by kasinathan > 2020-07-10 20:21 | Report Abuse
3 cents