Bod pls wake up...no need appeal jus privatise n delist it. Until now still dare to say has not formulated any rectification plan to address the shortfall in the Public Spread but will explore all possible options to meet the Public Spread...gd job
In view of the current poor market condition and as the Company has not formulated any rectification plan to address the shortfall in the Public Spread but will explore all possible options to meet the Public Spread, the Board of BLand may contemplate an appeal on Bursa Securities’ decision on the extension of time to comply with the Public Spread.
Either vt sell bak his share into market...or privatise...getting it suspended or delisted is not his style. Even bjmedia he also wan to avoid being delisted. Not to say bjland is involve in so many big project oversea. Suddenly kena suspended...hehe...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6279985 As provided in the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”), Bursa Securities may:- (a) impose any type of action or penalty pursuant to Paragraph 16.19 of the Listing Requirements; and (b) suspend trading in the securities of BLand pursuant to Paragraph 16.02 of the Listing Requirements. Currently, the public shareholding spread of BLand stood at 14.65%, a shortfall of about 0.35%.
Lol...17 5 million shares @ 21.5 sens only RM3.76 million.. considering the money coming back to BJLand from next month onwards.. #Jeju Korea RM17B claim, if after mediation awarded 50% will be RM8.5B? #GMOC Arbitration RM600M? #Selangor Turf Club Compensation RM500M? #FS Kyoto sales RM1.6B? The Returns outweighs the Risks?
Sweet dream..... tomorrow buying more if only 15.0 sen!!! But those who knew earlier this morning at 11.30 am already sapu 21.0 sen and wanted to buy more, just didn't get it, end up buying 21.5 just before closing.
You think sell 17.5 million shares can push down to 15.5 sens meh? from my observations need at least 5 million shares to push down even 0 5 sens, so 17.5 million shares can only yield a drop of 1.75 sens?
This type of Dragon is an intelligent, friendly and relaxed person. They will rarely let an opportunity be missed. The difference from the Water Dragon to the other types is that they are happy to wait for results to happen rather than see results straight away.
Already worked so hard for so many years & spent so much money to push down the share price to this level...will he let this opportunity to be missed and share the benefits to be reaped soon with anybody?
Oo we have no idea what his deal with his gang, minor shareholder only can benefit from the shareprice gain but business partner can benefit from many other aspects. What we can conclude from yesterday statement, VT has no plan to privatise in short term~~
Don't think VT can afford to wait much...as there is no extension by Bursa and the money will be coming back soon from October to year end from... Compensation from Jeju Korea, GMOC Arbitration, Selangor Turf Club Compensation & Sale of FS Kyoto...also with the money coming from the Samurai Bonds from Japan...Govt will kick-off infrastructure projects related to Bandar Malaysia & HS Rail soon...very sure BJLand with extensive properties & land in the surrounding area will gain in substantial value and VT might get some related projects too?
Not true. Make BJLand suspended ASAS so that VT will immediately give exit offer lah! We play the game with him. Else he will be shame of the delisting.
If like that after suspension 6 mths, VT will give u an exit offer rm 0.215 loh....!!
Posted by shortinvestor77 > Sep 11, 2019 11:38 AM | Report Abuse
Not true. Make BJLand suspended ASAS so that VT will immediately give exit offer lah! We play the game with him. Else he will be shame of the delisting.
Since VT already got so much money back and even more money after October for his planned activities, don't think he can afford a six months suspension as it will affect BJCorp as the 85% majority shareholder since VT's direct interest in BJLand is less the 2%,?
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....
freetospeak
5,867 posts
Posted by freetospeak > 2019-09-10 19:15 | Report Abuse
Bod pls wake up...no need appeal jus privatise n delist it. Until now still dare to say has not formulated any rectification plan to address the shortfall in the Public Spread but will explore all possible options to meet the Public Spread...gd job