BOUSTEAD PLANTATIONS BHD

KLSE (MYR): BPLANT (5254)

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16 people like this.

12,578 comment(s). Last comment by newlyblaze 4 weeks ago

ACE9696

185 posts

Posted by ACE9696 > 2023-12-18 14:18 | Report Abuse

bplant cantek cantek RM2.600 kasi sure tanpa halangan

Harim99

130 posts

Posted by Harim99 > 2023-12-19 09:32 | Report Abuse

Kes ini macam kes APOLLO skrg

calvintaneng

56,538 posts

Posted by calvintaneng > 2023-12-19 11:19 | Report Abuse

Happy morning

Interesting to see buyers willing to pay Rm1.56 for Bplant even though offers by Ltat stands firm at Rm1.55 takeover offer

Ubs bank trying to block privatisation or what?

What should you do?

According to Mr. Yap from Eagle Group who contacted Ltat Cfo it is said that if you submit acceptance form for Rm1.55 you will get your payment within 10 days

Should prices be raised higher later, say, to Rm1.65 then Ltat will further pay you the final different sum of 10 sen

So this looks like the best course of action

Now three things can happen

1. Ltat finally get to garner more than 90% of Bplant shares
Then Compulsory Mgo will be triggered
Irrespectively whoever owns the rest they will have to surrender all Bplant shares to Ltat and get Rm1.55 per share

2. IF PRIVATISATION IS BLOCKED THEN LTAT MIGHT BE FORCED TO RAISE ITS FINAL OFFER PRICE TO A MORE FAIR OFFER.

3. OR PRIVATISATION COULD FAIL. IN THAT CASE BPLANT WILL REMAIN LISTED

WHAT CAN HAPPEN?

BPLANT PRICES COULD GO HIGHER LIKE HARRISON OR HL CAPITAL
BOTH SURGED UP BY FEW HUNDRED PER CENT MORE SUBSEQUENTLY

OR?

BPLANT COULD FOLLOW PERAK CORP EXAMPLE.

AFTER PERAK CORP'S RM3.90 PRIVATISATION PRICE WAS REJECTED ITS SHARE PRICE COLLAPSED INTO THE ABYSS BELOW 50 SEN

SO PLEASE DECIDE CAREFULLY

REGARDS
Calvin Tan

ACE9696

185 posts

Posted by ACE9696 > 2023-12-19 12:57 | Report Abuse

IF BPLANT COULD FOLLOW PERAK CORP BELOW 50 SEN hoot9e sailang

stockraider

31,556 posts

Posted by stockraider > 2023-12-19 13:06 | Report Abuse

Do not be greedy loh....!
Rm 1.55 should be the price of disposal....If u can get better than this that will be the bonus.

Thus by all means make sure u exit at least rm 1.55 b4 completion loh!

Do not do nothing loh.....u will end up regret bcos bplant is not efficient as a plantation player loh......if u want to hang on to a unlisted share it is long wait bad option mah!

Short term LTAT will not raise the price beyond Rm 1.55 loh!

ACE9696

185 posts

Posted by ACE9696 > 2023-12-19 16:13 | Report Abuse

sure postpone one

calvintaneng

56,538 posts

Posted by calvintaneng > 2023-12-21 07:34 | Report Abuse

88.62% Bplant shares in hands of Ltat and offers also extended to Jan 5th 2024

tomwah

1,599 posts

Posted by tomwah > 2023-12-21 12:10 | Report Abuse

good luck everyone

tomwah

1,599 posts

Posted by tomwah > 2023-12-22 11:58 | Report Abuse

sell all , buy E&O

ACE9696

185 posts

Posted by ACE9696 > 2023-12-22 14:35 | Report Abuse

aiseh, just hold n fight, mana tau special dividen coming

Parksonguy

537 posts

Posted by Parksonguy > 2023-12-23 20:44 | Report Abuse

So still need sign the agree form?

calvintaneng

56,538 posts

Posted by calvintaneng > 2023-12-25 17:20 | Report Abuse

BLESSED CHRISTMAS

YES PARKSONGUY
GO SUBMIT THE FORM AND GET RM1.55 WITHIN 10 DAYS

ALL TAKE NOTE

LTAT ALREADY SECURED ABOVE 90% OF BPLANT AND MGO HAS NOW TURNED COMPULSORY

TABUNG HAJI NOW OWNS 73.8% OF THPLANT

IT CANNOT BUY ABOVE 75% OR ELSE AN MGO (MANDATORY GENERAL OFFER) WILL BE TRIGGERED (NOT COMPULSORY)

IF TABUNG HAJI FAIL TO GET ABOVE 75% BUT BELOW 90% THEN MGO WILL FAIL AND TABUNG HAJI MUST SELL DOWN BELOW 75% HOLDING AS AT ALL TIMES IF AN ENTITY IS LISTED THE 25% SPREAD MUST ALWAYS BE MAINTAINED

FELDA FAILED TO SECURE ABOVE 90% OF FGV SO IT IS NOW ISSUEING MORE SHARES

FOR BPLANT AS IT HAS ABOVE 90% NOW COMPULSORY ACQUISITION IS TRIGGERED

ALL YOUR SHARES WILL NOW BE TAKEN AND ALL GET PAID RM1.55 PER SHARE

JUST LIKE BOUSTEAD BPLANT WILL ALSO BE OFFICIALLY DELISTED FROM BURSA FINALLY

SAYONARA,
GOOD BYE TO THIS WONDER BUY CALL AT 57 SEN
THANKS TO MANAGEMENT OF LTAT CFO MOHD ASRAF AND OTHERS IN CHARGE

THPLANT (5112) Why it is underperforming compared to Bplant? And what are its positives & negatives< Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2023-12-25-story-h-211542506-THPLANT_5112_Why_it_is_underperforming_compared_to_Bplant_And_what_are_

Posted by SEERESEARCH2023 > 2023-12-27 10:01 | Report Abuse

Wa, calvintaneng seem like u know everything in and out. But why still promoting even though it reached peak price. You enter at low price keep quiet la. Why keep show off and no shame asking ppl to enter at peak price.

speakup

27,011 posts

Posted by speakup > 2023-12-27 10:06 | Report Abuse

Swkplnt also very good

Mabel

24,140 posts

Posted by Mabel > 2023-12-27 11:13 | Report Abuse

Sime Darby Plantation Bhd has maintained a consistent dividend payment record since 2019. Dividends are currently distributed on a bi-annually basis. Over the past three years, Sime Darby Plantation Bhd's annual dividend growth rate was 136.20%.

calvintaneng

56,538 posts

Posted by calvintaneng > 2023-12-27 12:11 |

Post removed.Why?

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-12-28 09:58 | Report Abuse

Mr Calvin Tan,
Do not simply brand people foolish. It is up to individual on risk taking !

with due respect , yourself is IGNORANT on the term for compulsory acquisition . Please at least read the takeover offer document carefully BEFORE ADVISING PEOPLE !
Quote :
Subsection 222(1A) of the CMSA provides that, for the purpose of paragraph 222(1)(b)
of the CMSA, the acceptance shall not include shares already held at the date of the
take-over offer by the offeror or the person(s) acting in concert.

In the event the Offeror receives valid acceptance of not less than nine-tenths (9/10) in
the nominal value of the Offer Shares (excluding shares already held by the Offeror and
the person(s) acting in concert with it as at the date of the Offer) on or before the Closing Date, the Offeror intends to invoke the provisions of subsection 222(1) of the
CMSA to compulsorily acquire any remaining Offer Shares from the Dissenting
Holders for which acceptances have not been received.
Unquote:

LTAT and person acting in concert held 68.17% before LPD. That means 31.83% are in the hands of the public. To invoke compulsory acquisition, LTAT must receive acceptance from (9/10) 90% of the 31.83% (90% x 31.83% = 28.65%). That means LTAT (including party in concert) must finally secure control on 96.82% (68.17+28.65) to invoke compulsory acquisition.

Investors behind UBS alone is sufficient to block the compulsory acquisition !

Bplant will be delist, It may remain as unlisted public company if there is enough dissenting investor refuse to accept the offer at $1.55!

The conservation valuation made by Malacca Securities, the independent advisor, is $2.60.

Why you think inventors behind UBS bought over 5% at $1.54/1.55 ?



You

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-12-28 10:08 | Report Abuse



WCE has moved up from 75sen one month ago to 97sen this morning ie 29% gain in a month !

---------------------------------------------------------------------------------------------
Posted by Johnzhang > 1 month ago | Report Abuse

I plan to move substantial of the proceed to WCE for at least 2 years holding.
You won't go wrong with this major highway tolling business .

Harim99

130 posts

Posted by Harim99 > 2023-12-28 10:31 | Report Abuse

Tahun depan Bplant akan diprivatise ?

kpchia

2 posts

Posted by kpchia > 2023-12-28 20:12 | Report Abuse

Mr Johnzhang and Mr CalvinTaneng: so with regards to Bplant, what to do now if still holding on to the shares? Rather confused after reading the above discussions. To wait and see/ what UBS will do/ risk Bplant delisting? Will we be paid if it is delisted finally?

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-12-28 20:45 | Report Abuse

Kpchia, go ahead to accept the offer. In the event that LTAT sweetens the offer working towards 100% control you will also get the increase.

Posted by Chan Huat > 2023-12-29 06:10 | Report Abuse

Notified of transferred of my BPLANT shares to LTAT on 7/12, however, yet to receive payment, told to wait by dealer. Any one here faced similar issue?

Y Y

5 posts

Posted by Y Y > 2023-12-29 09:06 | Report Abuse

Mine also around same date. Queried with registrar on payment within 10 days, was told bursa don't allow LTAT to access bank details of shareholders. So they are going to courier cheques on 29/12/23

Johnzhang

3,098 posts

Posted by Johnzhang > 2023-12-30 13:09 | Report Abuse

Poor service of the Registrar!
If it is true that Bursa did not allow such facility, Bursa is being unreasonable !
Why payment of dividend via bank a/c registered in CDS allowed ?

stockraider

31,556 posts

Posted by stockraider > 2023-12-30 14:10 | Report Abuse

Alot of people complained that the payment for the takeover is paid in the form of cheques instead direct bank credit, this is bcos LTAT use Boardroom instead of the usual TRICOR as the registrar.

This result is technical problem, in terms of accessing into shareholders bank particulars loh!

ACE9696

185 posts

Posted by ACE9696 > 2023-12-30 19:13 | Report Abuse

ini macam ade macam xde, no different, no fair for those signed and submitted?

Posted by Chan Huat > 2024-01-01 12:47 | Report Abuse

Received cheque today via ordinary mail.

stockraider

31,556 posts

Posted by stockraider > 2024-01-01 13:00 | Report Abuse

Alot of people Bplant cheque got stolen loh!

speakup

27,011 posts

Posted by speakup > 2024-01-01 13:54 | Report Abuse

Stolen oso no point coz cheque no under thief name

ACE9696

185 posts

Posted by ACE9696 > 2024-01-01 23:54 | Report Abuse

at least the thief can save bank interest for bplant company

Johnzhang

3,098 posts

Posted by Johnzhang > 2024-01-02 09:36 | Report Abuse

Per announcement on 29 Dec, LTAT holds 85.6% in Bplant only . Seem contradictory to earlier announcement that LTAT secured 90%. Can anyone explain?

Johnzhang

3,098 posts

Posted by Johnzhang > 2024-01-02 09:42 | Report Abuse

Anyone yet to receive payment after 10 days can write a complaint to CFO of LTAT at ashrafradzi@ltat.gov.my. May also call him at 03 48158888 ext 1200.

calvintaneng

56,538 posts

Posted by calvintaneng > 2024-01-03 11:26 | Report Abuse

Eagle group members informed me they are getting cheques finally

calvintaneng

56,538 posts

Posted by calvintaneng > 2024-01-03 11:29 | Report Abuse

Buy call 57 sen
Dividends received 24 sen

Real time cost 33 sen
Ltat takeover at Rm1.55

From 33 sen to Rm1.55 is a gain of 369%

It took two years time
But well worth the waiting

Harim99

130 posts

Posted by Harim99 > 2024-01-03 11:50 | Report Abuse

2 tahun ada 369% keuntungan...Shok betul

calvintaneng

56,538 posts

Posted by calvintaneng > 2024-01-03 23:49 |

Post removed.Why?

ACE9696

185 posts

Posted by ACE9696 > 2024-01-04 17:41 | Report Abuse

if entered cost below 0.250/zero, just hold & fight to the end niah

calvintaneng

56,538 posts

Posted by calvintaneng > 2024-01-04 20:47 | Report Abuse

hahaha got such high hope now?

in 2021 when Bplant was 57 sen there was very cold reception then and after posting buy all at 57 sen Bplant even dropped below 55 sen as few bothered or wanted anything to do with it

now Bplant over Rm1.53 still go bullish die hard holders hoping for a higher price 🤔

just be careful as Ltat already stated Bplant might turn into an unlisted share and you might be stuck inside for a very long time

Now we once bought Fountain View which was delisted and remain unlisted with no more news

Better don"t be greedy

Sell all tomorrow and take your monies

Bye bye sayonara to Bplant

it has been a very fruitful two good years of holding Bplant with good dividends and a fair final offer price of Rm1.55

let us move on to these

Tsh Resources

Thplant
Jaya Tiasa
Hs plant
Next month Hs plant will declare another dividend

ACE9696

185 posts

Posted by ACE9696 > 2024-01-04 21:38 | Report Abuse

i pray bplant like ncb 🤣 as i stuck inside now also 🥶 but still can enjoy dividen, wu pai wu popi

ACE9696

185 posts

Posted by ACE9696 > 2024-01-04 21:46 | Report Abuse

leave it there to fight niah if you don't need money and your cost in bplant is zero

calvintaneng

56,538 posts

Posted by calvintaneng > 2024-01-04 22:38 | Report Abuse

Fight?

That was some Japanese still fighting after WW2 till 1970 when war over in 1945

https://www.youtube.com/watch?v=rjkPrWaIMPc

Harim99

130 posts

Posted by Harim99 > 2024-01-05 16:23 | Report Abuse

Nampaknya Bplant pasti akan diprivatise

calvintaneng

56,538 posts

Posted by calvintaneng > 2024-01-08 08:13 |

Post removed.Why?

Harim99

130 posts

Posted by Harim99 > 2024-01-09 12:01 | Report Abuse

Masih boleh trade Bplant... Thought it will get suspended from trading as it will be privatized 🤔

Parksonguy

537 posts

Posted by Parksonguy > 2024-01-09 14:40 | Report Abuse

Sell at 1.56

Parksonguy

537 posts

Posted by Parksonguy > 2024-01-09 14:41 | Report Abuse

Should be the boardroom buying

Parksonguy

537 posts

Posted by Parksonguy > 2024-01-09 14:42 | Report Abuse

Wasted should have waited last day sell

calvintaneng

56,538 posts

Posted by calvintaneng > 2024-01-10 01:21 |

Post removed.Why?

kpchia

2 posts

Posted by kpchia > 2024-01-12 10:45 | Report Abuse

Have yet to receive payment after 10 days. They will post the cheque to our home address?

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