New CEO. Hope he can do the right thing to bring value to shareholders (not just to major shareholder) and restore Berjaya Group to a respectable position. More urgently, hope that he can help to privatize BJLand with good exit offer to minority shareholders, as promised by VT previously in a press conference.
This person as below has been questioning about his degree status recently. Why 3395 appoints him?
Jalil Rasheed was formerly the President & Group CEO of Permodalan Nasional Berhad (PNB), Malaysias national unit trust manager. Jalil brings with him 18 years of investment and business leadership experience, having worked in the UK, USA, Malaysia and Singapore with the global investment firms Aberdeen Standard Investments and Invesco Limited. Besides investment experience, Jalil also brings with him many years of experience in working with large corporations and Boards on corporate governance and instilling operational effectiveness and excellence.
Bachelor of Science (Honours) Accounting & Finance, University of London, United Kingdom
Diploma in Economics University of London, United Kingdom
Let see what the New CEO can brings value to BJGroup? “I’m delighted to be joining BCorp as Group CEO, after several months of discussion with Tan Sri Vincent Tan," Jalil said.
"We both agree that the Group is very undervalued, and has many good assets that can be optimized and realized to enhance value for shareholders," he added.
Like the New Group CEO's mandate.. BCorp said Jalil’s mandate will be to re-look at BCorp’s corporate structure, optimize financial and human resources, improve synergies and efficiency, enhance corporate governance and transparency, streamline the various Group businesses to create and enhance shareholder value and to transform BCorp into a high performing organisation.
simon2020 Like the New Group CEO's mandate.. BCorp said Jalil’s mandate will be to re-look at BCorp’s corporate structure, optimize financial and human resources, improve synergies and efficiency, enhance corporate governance and transparency, streamline the various Group businesses to create and enhance shareholder value and to transform BCorp into a high performing organisation.
obviously VT wants to make use of Jalil's name to boost the share price. but i opine this will relatively work for its share price in short term. no harm buy in now as it close to 1 year low of 0.17
He has to bring in more new bloods and performing major bypasses in the organization. If he can stay for two years, revamp and steer the companies to the right direction will add tremendous credentials. If he stays less than two years, I will not blame him.
New CEO. Want to know how he deals with bjland. As kahhoeng said, this share bought from bjland as portfolio, have brought great impact to bjcorp. As has been shown earlier, Bursa will simply amaze us with more 'approved' delay, denying minorities rights like the deal offered to 'buddy?' valuing BLand @ 0.38 exchanged into BCorp shares at 0.38/0.30 ratio Jan 2019 OR the deal offered to VT& 'buddy?' valuing BLand @ 0.70 exchanged into BCorp shares, warrants and cash Dec 2015.
Let me explain, Vincent hold so much loan stock and warrants. that if he converts at this 20 sens is too much impairment to all his vested co holding it. So to avoid this, they have to push pass 1.20 per share. that's the conversion price. SO I BET this share will hop like hyper loop and not rocket
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....
scanluver
1,048 posts
Posted by scanluver > 2021-03-11 16:52 | Report Abuse
LOL, this fella sound like a rebranded 888STOCK888.
Now not even bother to make stories?