BERJAYA CORPORATION BHD

KLSE (MYR): BJCORP (3395)

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Last Price

0.315

Today's Change

-0.005 (1.56%)

Day's Change

0.315 - 0.325

Trading Volume

4,420,600


43 people like this.

45,454 comment(s). Last comment by Good123 3 days ago

Posted by sailang_now > 2021-06-15 14:27 | Report Abuse

Sounds good to monetize some bigs assets & list telco biz Umobile through a backdoor listing after full takeover of BJLand?

VT can do it together with 7Eleven for Caring why not BLand as low hanging fruits with only 13% minority left to control all foreign & local assets & cash beneficial for Berjaya restructuring? A restructured & professional run Berjaya will be more attractive to foreign investors. The shell company after takeover can be used for backdoor listing of VT company like UMobile etc?

HuatAh8809 Heard some stafv this morning attended to Jalil meeting..

He said berjaya corporation is going to dispose a few big assets and then declare dividend..

Then will list telco business which can a few billions for the group..

This is going to be crazy

bulldog

12,157 posts

Posted by bulldog > 2021-06-15 14:35 | Report Abuse

Wow
Break 1st half high at 34

Huat chaiii

stockraider

31,556 posts

Posted by stockraider > 2021-06-15 14:35 | Report Abuse

Vt actually give 3 days 2 nites free to shareholders mah!

Posted by paperplane > Jun 15, 2021 2:22 PM | Report Abuse

Tell CEO im longtime supporter leh, ask him give lah shareholders discounts on hotel stay lah. I can pay 50% of that mah.

paperplane

21,659 posts

Posted by paperplane > 2021-06-15 14:46 | Report Abuse

too little raider bro, give me free more. starbuck coupon not enough lah

scanluver

1,048 posts

Posted by scanluver > 2021-06-15 14:47 | Report Abuse

Employees get discounts but even they are avoiding these shitty hotels.

paperplane Tell CEO im longtime supporter leh, ask him give lah shareholders discounts on hotel stay lah. I can pay 50% of that mah.

paperplane

21,659 posts

Posted by paperplane > 2021-06-15 14:50 | Report Abuse

some quite ok lah

Bettyem

661 posts

Posted by Bettyem > 2021-06-15 14:52 | Report Abuse

钱来了吗?
https://youtu.be/IByDClFTOME

kahhoeng

3,950 posts

Posted by kahhoeng > 2021-06-15 14:58 | Report Abuse

already give free hotel stays for 2 years. I had one for 3 days 2 nights expiring end of this month, but who dares to stay in hotel now given covid-19???

Posted by sailang_now > 2021-06-15 15:17 | Report Abuse

Good news for BJCorp/BJLand gaming sector.
"Gaming companies such as casino operators as well as number forecast operators (NFOs) are seen as direct proxies to the upcoming reopening of the economy, taking cues from the recoveries seen in the United States and the United Kingdom after mass dispensation of Covid-19 vaccines there.

The acceleration of the vaccination programme in Malaysia gives hope that the country could potentially achieve similar economic recovery.
https://www.thestar.com.my/business/business-news/2021/06/15/earnings-recovery-likely-for-gaming-next-year
https://www.klsescreener.com/v2/news/view/841517

Posted by sailang_now > 2021-06-15 15:43 | Report Abuse

Govt serious to reopen back Malaysian economy faster as more vaccines are approved like one dose vaccines Cansino & JJ Johnson & now Pfizer shots are approved for 12 years & above instead of previously only for 18 years & above.
Refer link above.

Posted by BursaMaster121212 > 2021-06-15 15:45 | Report Abuse

think about it, why Jalil needs to wait until after market close only can announce?

it basically means it is something that super material which will strongly influence the share price

better buy it now....before u regret

stockraider

31,556 posts

Posted by stockraider > 2021-06-15 16:07 | Report Abuse

Yes 3 boos for dompeilee & scanluver for bullshiting naysayers non stop loh!

Posted by BursaMaster121212 > Jun 15, 2021 3:45 PM | Report Abuse

think about it, why Jalil needs to wait until after market close only can announce?

it basically means it is something that super material which will strongly influence the share price

better buy it now....before u regret

bulldog

12,157 posts

Posted by bulldog > 2021-06-15 16:16 | Report Abuse

Bulldog add some more at 33

Huat chaiii

cunoldfox

267 posts

Posted by cunoldfox > 2021-06-15 16:37 | Report Abuse

bjcorp going to fly Tomoko morning.

cunoldfox

267 posts

Posted by cunoldfox > 2021-06-15 16:37 | Report Abuse

last call

cunoldfox

267 posts

Posted by cunoldfox > 2021-06-15 16:37 | Report Abuse

Sui d, 34

cunoldfox

267 posts

Posted by cunoldfox > 2021-06-15 16:38 | Report Abuse

Tomoko at least 8 cents up

bulldog

12,157 posts

Posted by bulldog > 2021-06-15 16:38 | Report Abuse

Close high at 34?

Huat chaiii

cunoldfox

267 posts

Posted by cunoldfox > 2021-06-15 16:41 | Report Abuse

last call 2

cunoldfox

267 posts

Posted by cunoldfox > 2021-06-15 16:42 | Report Abuse

0.335 going to finish

cunoldfox

267 posts

Posted by cunoldfox > 2021-06-15 16:45 | Report Abuse

get another 500 lots

cunoldfox

267 posts

Posted by cunoldfox > 2021-06-15 16:47 | Report Abuse

let's eat popcorn, relax n watch the show tomorrow

Posted by sailang_now > 2021-06-15 16:56 | Report Abuse

Tks py1818 for your daily bulletin.
Can it decisively breaks & stays above 0.335 major resistance to confirm trend reversal?

cunoldfox

267 posts

Posted by cunoldfox > 2021-06-15 16:57 | Report Abuse

wah...33.5 can't buy Liao..finish

cunoldfox

267 posts

Posted by cunoldfox > 2021-06-15 16:57 | Report Abuse

horseh d tomolo

FutureGains

10,709 posts

Posted by FutureGains > 2021-06-15 17:00 | Report Abuse

see today annoucement

bulldog

12,157 posts

Posted by bulldog > 2021-06-15 17:16 | Report Abuse

Tomorrow 40?

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-06-15 17:17 | Report Abuse

Bulldog add bjland and bjasset as well

Huat chaiii

bulldog

12,157 posts

Posted by bulldog > 2021-06-15 17:18 | Report Abuse

Together with warrant


Huat chaiii

FutureGains

10,709 posts

Posted by FutureGains > 2021-06-15 17:30 | Report Abuse

today collextion...monitor wa wb and bjland tmr..
as well as bjasset wa

iddcall1

43 posts

Posted by iddcall1 > 2021-06-15 17:33 | Report Abuse

Limit up, tomorrow

scanluver

1,048 posts

Posted by scanluver > 2021-06-15 17:38 |

Post removed.Why?

scanluver

1,048 posts

Posted by scanluver > 2021-06-15 17:39 | Report Abuse

FFS, all the snake oil salesman are out of the woods. This is a town hall meeting not an official announcement. Keep your pants on, bro.

BursaMaster121212 think about it, why Jalil needs to wait until after market close only can announce?

it basically means it is something that super material which will strongly influence the share price

better buy it now....before u regret

Posted by shortinvestor77 > 2021-06-15 18:56 | Report Abuse

Huat lah VT.

Posted by sailang_now > 2021-06-15 19:28 | Report Abuse

Looks like BJLand currently biz will be broken up by BJCorp after takeover and placed under:
3. Property – Property Development, Investment Properties & Affordable Housing
4. Hospitality – Hotels & Resorts, Recreation Clubs
5. Services – Gaming (BJToto), Environment, Digital Services, Financial Technology

Key highlights:
 Divestments worth RM2 billion over 2 years and RM5 billion over 5 years
 Reducing BCorp debt level from RM5 billion to RM2.5 billion over 3 years
 Dividend policy for all operating companies

FOR IMMEDIATE RELEASE
15 JUNE 2021
BCORP GROUP CEO ANNOUNCES STRATEGIC TRANSFORMATION PLAN
Berjaya Corporation Berhad (“BCorp”) Group CEO, Jalil Rasheed today unveiled a 3-Year
Strategic Plan (2021-2024) to move the BCorp Group forward into an institutionalised high
performing organisation.
The strategic plan will transform the existing conglomerate into a consumer group with focused
core business segments, each led by respective sector heads with oversight from the Group
CEO. The five business segments will be reorganised as follows:
1. Retail – Consumer Marketing & Distribution
2. Food & Beverage – Food Franchises & Food Trading
3. Property – Property Development, Investment Properties & Affordable Housing
4. Hospitality – Hotels & Resorts, Recreation Clubs
5. Services – Gaming, Environment, Digital Services, Financial Technology
This reorganisation will see BCorp, as the holding company, led by the Group CEO and a
senior leadership team, playing a strategic role, and the operating companies taking on the
operational & administrative functions.
The Group’s strategic plan will anchor around Five (5) Key Pillars, to drive operational
efficiency and execution:
1. Profitability
2. Governance
3. Process
4. People
5. Digital
These pillars will be achieved through Four (4) Key Initiatives:
1. Streamline
 Identification of sub-segments & countries which we want to be in, divestment of non￾core businesses and merger of overlapping businesses.
2. Improve
 Succession Planning - developing a talent pipeline amongst management level staff
and a succession planning programme
 Compliance and Governance - addressing the cross-holding ownership structure
 Business Empowerment - creating a self-sustainable business model within the core
business segments
3. Restructure
 Reassess existing operating model to realign with strategic objectives
 Corporate structure rationalisation to create a flatter organisation
4. Establish
 A Management Committee and Business Committee
 Define KPIs and performance monitoring deliverables
 Cost management and operational efficiency initiatives
 Digitalisation & sustainability frameworks
Besides this, some key headline numbers identified are:
 Divestments worth RM2 billion over 2 years and RM5 billion over 5 years
 Reducing BCorp debt level from RM5 billion to RM2.5 billion over 3 years
 Dividend policy for all operating companies
Commenting on the strategic plan, Jalil Rasheed said, “I’ve spent the past three months
studying the businesses in detail and this strategic plan is to address the gaps we have (focus,
discipline) and enhance the strengths (established brands in growth sectors).
“This process will optimise our resources better, improve synergies and efficiency within the
Group, and enhance corporate governance and transparency. This in turn, will transform
BCorp into a high performing organisation and realise the unlocked value of the business.”

spider99

212 posts

Posted by spider99 > 2021-06-15 19:43 | Report Abuse

what is the special of this news?

kahhoeng

3,950 posts

Posted by kahhoeng > 2021-06-15 19:49 | Report Abuse

nothing concrete, worthless piece of an announcement!

Posted by sailang_now > 2021-06-15 19:50 | Report Abuse

What is important is that there's now a plan compared to none previously.
Also note key initiatives:

Key Initiatives:
1. Streamline
 Identification of sub-segments & countries which we want to be in, divestment of non￾core businesses and merger of overlapping (BJLand takeover) businesses.
2. Improve
 Succession Planning - developing a talent pipeline amongst management level staff
and a succession planning programme
 Compliance and Governance - addressing the cross-holding ownership structure (current trimming of non direct interest through sale of shares by various VT companies)

miniminer

505 posts

Posted by miniminer > 2021-06-15 19:58 | Report Abuse

In Corp language, tomorrow market must support kau kau "Jalil's 100 days" product, the higher it goreng, mean the market is endorse VT/Jalil plan and their ideas/efforts are being appreciated, especially the support from bankers, otherwise, tak tahu nak cakap la .......hehehe..............

posby

976 posts

Posted by posby > 2021-06-15 20:02 | Report Abuse

FOR IMMEDIATE RELEASE
1 June 2021
BCORP ANNOUNCES CHANGES IN THE BOARDROOM
Berjaya Corporation Berhad (“BCorp”) has announced several changes in its boardroom
effective 1 June 2021. These changes include: -
1. Appointment of five (5) new Independent Non Executive Directors to the Board
namely,
i. Datin Seri Sunita Mei-Lin Rajakumar;
ii. Dato’ Leong Kwei Chun, JP (Dato’ Anne Eu, JP);
iii. Dato’ Hisham Bin Othman;
iv. Ms. Norlela Binti Baharudin; and
v. Mr. Tan Peng Lam

this 5 person with 5 business segment...

bignenen

182 posts

Posted by bignenen > 2021-06-15 20:10 | Report Abuse

Blablablabla all talks. I could write business initiatives like this when I was in college yonks ago (cgpa 4 flat mind you) . Why don't this joker pump another 40mil in, kasi goreng limit up abit.

Posted by shortinvestor77 > 2021-06-15 20:20 | Report Abuse

No privatisation. Talk like no talk.

py1818

1,730 posts

Posted by py1818 > 2021-06-15 20:20 | Report Abuse

*
@earlyretirement
@sailang_now
@bulldog
BjCorp
Highest price 0.50
Resistant 0.39
Resistant 0.35
Price 0.335
Major support 0.335
Major support 0.31
Support 0.29
Major Support 0.27
Support 0.23

Verdict - Yes. Downtrend reversed, provided price able to stay above major resistant 0.31 and 0.335.

bulldog

12,157 posts

Posted by bulldog > 2021-06-15 20:21 | Report Abuse

Thanks py1818

40 in the making

Huat chaiii

Posted by shortinvestor77 > 2021-06-15 20:23 | Report Abuse

且也暂不考虑私有化

bulldog

12,157 posts

Posted by bulldog > 2021-06-15 20:24 | Report Abuse

Something brewing in this company

Huat chaiii

awesome20

1,198 posts

Posted by awesome20 > 2021-06-15 20:25 | Report Abuse

sell asset means money coming

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