B-group重组计划，到底在搞什么鬼？

今天BJCap有向前冲的现象！

leeccg

我趁低买了B－GROUP ３０，０００ SHARE，买入价是７ SEN，不打算现在卖，因为我相信这条狐狸会趁机再出招，以重组来炒高它的股价，以方便他出货。

leeccg 于 18-6-2005 06:08 PM  说 :
我趁低买了B－GROUP ３０，０００ SHARE，买入价是７ SEN，不打算现在卖，因为我相信这条狐狸会趁机再出招，以重组来炒高它的股价，以方便他出货。

me too, 我相信这条狐狸会趁机再出招.
but 我趁 1.10 买了B－GROUP 100,000 SHARE. shit #$%^&Q#@#$

plan to buy more again at lower price.

leeccg

你也太快出招了吧。一下子就买进这么多， １１sen太贵了，它重组后的真正的价值才值３５sen,所以多过这价钱的都不值得。
希望它以后能被炒高咯。

shuhjiunho

Telenor在Digi的压力很大，VT很有可能可以“拾”到一些。。。
所以你说VT会怎么做呢？
或许，应该问问VT的干儿子吧。。。
哈哈！

没眼看了。给它２个月。不然就cut loss 了

leeccg

VT 现在有两棵金蛋，一颗是BTOTO，另一棵是DIGI，所以就算B－GROUP死的话也没关系，但是，B－GROUP死的机会不大，所以应该还可以等待它奇迹的出现。

最近B－GROUP一篮子的相关上市公司都没动静，我想是应该等机会再公布消息来托高股价。 现在是等成功集团的新公司的首发售价。还有等B－TOTO的５０SEN回退股本，然后再进行内部债务偿还计划。我相信VT是要等年尾的涨潮。

现在VincentTan又出招了。Bjland卖 28% Bjtoto每股RM3.60！1！

这几天，bjgroup 一直在 0.095。

[ Last edited by vacation365 on 24-6-2005 at 09:22 AM ]

奥萨马宾拉丁

成功置地11.52億
售成功多多25.67%予英丹公用
updated:2005-06-24 12:22:03 MYT


（吉隆坡訊）成功置地（BJLAND，4219）以11億5200萬令吉，或每股3令吉60仙，將成功多多（BJTOTO，1562）3億2000萬股或25.67%股權售予同一大股東持有的英丹公用（INTAN，6785），藉此籌措資金償還對成功多多的集團內部公司的透支。

成功置地預計以半數的脫售收益，進一步償還對成功多多的內部透支，收益餘款將用來償還內部公司貸款。

成功置地準備再度出脫成功多多另外3000萬股，以繼續償還對成功多多的公司內部貸款；目前成功置地尚對成功多多積欠6億7800萬令吉透支欠款，先前已償還6億1000萬令吉。

成功置地、成功多多和英丹公用都是受丹斯里陳志遠控制的公司。

有關售價並未考量成功多多每股回退50仙的資本回退計劃，若把回退計劃納入其中，每股售價為4令吉10仙，較週三閉市每股4令吉8仙溢價少許。

成功置地在文告中表示，董事局為能與英丹公用合作感到高興，並且為陳志遠進一步藉英丹公用增持成功多多表示信心。

成功置地持股權減至23%

藉此活動，成功置地在成功多多的股權將由46.02%減至23%（包括悉數轉換成功多多債券），並保有成功多多作為集團聯號公司的地位。

董事局是在考量股東擔心成功多多股票將出現“滯銷”（依照原先計劃）後，做出上述行動；此舉也可避免股票以折價出售，並且可在免付配售費下節省大筆開銷。

英丹公用2配10附加股送5憑單

另一方面，為融資這項收購及早前兩項土地收購計劃，英丹公用將透過發售附加股、限售新股和銀行借貸落實。

該公司將以2配10比例配售附加股並附送5憑單，每股配售價1令吉；公司也將限售250股英丹公用新股及附送125萬憑單予合格董事與僱員，每股售價1令吉。

該公司補充，餘額則將透過銀行借貸7億5000萬令吉融資。

該公司指出，由陳地遠控制的一家公司已經承諾認購所獲分配的61.54%附加股權益，總2億9700萬令吉，並已取得約5億隻吉銀行貸款。

psrngurney

成功置地、成功多多和英丹公用都是受丹斯里陳志遠控制的公司。

好像沒人管那樣，要什麼就什麼！

leeccg

绝对正确，他说要卖３。６就３。６，没人可以阻止或者干涉。太没道理了吧，如果以所有股东利益来衡量的话，这批股票应该公开给人投标，价高者得才是。 这才是以所有成功多多股东利益为重的方法。 而不是像现在，VT经过这么一转，自己掌控多多更多的股权，而他又能解决集团内部财务问题，一举两得，何乐而不为呢？
唉。。可怜我们这些小股东们，眼巴巴的看着被他玩弄而不能做任何东西。好奸的狐狸哦。。。

Berjaya group close to completing revamp

BY ELAINE BOEY
BERJAYA Group Bhd (BGroup), the main listed holding company for the assets of Tan Sri Vincent Tan, has finally received all necessary approvals to complete its plan to restructure its group of companies.  

“After obtaining approval from all our shareholders, we can act on our plan and expect the new structure to be in place by November,” Berjaya Sports Toto (BToto) and BGroup executive director Freddie Pang Hock Cheng told StarBiz.  

He said this exercise, which involved the creation of a new holding company, would benefit all companies in the group.  

“Mistakes have been made, and the current structure is very complicated with many inter-company loans and debts. We want to clean up and pay off BGroup's debts much like how Berjaya Land Bhd (BLand) is paying off its debt to BToto,” said Phang.  

BLand is selling a 25.7% stake in BToto to Intan Utilities, another company owned by Tan. On BLand's reduced stake in its profitable subsidiary, Phang pointed out that repayment of BLand's inter-company loan would reduce its interest expense by RM77mil.  

“Although BLand will no longer receive as much in dividends from BToto, it (BLand) benefits from interest savings. It's really a win-win situation for BLand and BToto,” he said.

The Berjaya group’s restructuring exercise that starts by transferring BGroup's balance sheet into a new company Berjaya Corp Sdn Bhd (BCSB) is intended to settle its RM3.1bil inter-company loans and RM758mil bank borrowings without any significant cash outlay.  

According to Phang, this approach was selected as re-capitalising BGroup to BCSB is confined to shareholders, warrant and Iculs (irredeemable convertible unsecured loan stocks) holders only, therefore allowing the paid-up capital to retain its current value and not causing its creditors “undue concern”.

BGroup’s new simplified structure is expected to have an improved net tangible assets (NTA) and gearing value as well as a new source of income when BCSB fully acquires Bukit Tinggi Resort (BTR) from Tan.  

  
“Selling (BTR) at a price lower than its value shows shareholders that Vincent Tan is still very dedicated to his companies,” said Phang, adding that the tycoon had also personally committed more than RM1bil worth of assets to the new restructured group.  

Re-capitalising BGroup into BCSB entails the exchange of BGroup shares, warrants and Iculs with new BCSB securities. This exchange is based on the last traded market price of BGroup’s securities prior to its restructuring announcement back in August 2003. Every five BGroup shares or 20 BGroup warrants will be exchanged for one new BCSB share while three RM1 BGroup Iculs can be converted into two 50 sen BCSB Iculs. Upon completion of this scheme, BGroup will be a wholly-owned subsidiary of BCSB and will be de-listed from the main board of Bursa Malaysia. Its listing status would be than transferred to BCSB.

The next step for BCSB is to settle BGroup’s inter-company loans and bank borrowings by offering its shareholders, bank and subsidiary companies, subscription to its Iculs rights. Shareholders holding five shares or five Iculs after the restructuring exercise will be entitled to subscribe to four BCSB Iculs rights and will also receive 0.27 units free for every successful subscribed rights issue.  

Assuming all rights are fully subscribed by shareholders, BCSB will raise RM283.6mil, whereby RM101.8mil and RM130.2mil will be allocated for partial repayment of bank borrowings and its Berjaya Capital Bhd (BCap) loan, respectively.

BCSB will also issue up to 1.46 billion new Iculs to the AmBank group to settle its liability of RM656mil. To settle BGroup's inter company loan, it will offer 4.1 billion Iculs to BLand and 3.7 billion Iculs to BCap. BGroup currently owes BLand RM1.62bil and BCap RM1.57bil.

This proposed rights issue offers a 4% return for AmBank, BLand and BCap based on a nominal amount of RM1.27 Iculs for each RM1 debt. BCSB will then resolve BGroup's commitment to Bland. BGroup had previously agreed to buy BLand Iculs but had been unable to meet its obligation. As part of its inter company settlement, BLand will receive an additional 579 million BCSB Iculs as full compensation.

As Phang had pointed out, BCSB will purchase Bukit Tinggi Resort (BTR) from Tan at the price of RM802.1mil, which represents a 16.5% or RM158mil discount from BTR's NTA value of RM960mil. BTR currently has a land bank of 15,000 acres with an open market value of RM1.35bil.  

“We expect the new structure to benefit from interest savings as well as BTR’s income contributions,” said Phang.  

BTR met its profit guarantee of RM100mil for financial year ended Dec 31, 2004.

bjgroup将会除牌
由BCSB取代
５become １股

make mistake.

[ Last edited by vacation365 on 28-6-2005 at 09:13 AM ]

psrngurney

vacation365 于 27-6-2005 21:29  说 :
bjgroup将会除牌
由BCSB取代
５送１股

老兄不是５股變成１股嗎？

leeccg

psrngurney 于 27-6-2005 21:36  说 :

As Phang had pointed out, BCSB will purchase Bukit Tinggi Resort (BTR) from Tan at the price of RM802.1mil, which represents a 16.5% or RM158mil discount from BTR's NTA value of RM960mil. BTR currently has a land bank of 15,000 acres with an open market value of RM1.35bil.  

好心啦，这样的话都讲得出，BTR根本不值钱，８亿太多了吧，那些地的价值也不知道是找那一位估价师去评估的，可能也吃了钱。唉。。。总之就是有他说就没你说啦。

leeccg

对不起，以上的发表引用是 BGroup executive director Freddie Pang Hock Cheng 发出的，而不是psrngurney 。请别误会。

现在等他重组来炒高它的股价....

Company Name : BERJAYA GROUP BHD  
Stock Name/Code : BJGROUP - 3395  
Disseminated Datetime : 28-06-2005 19:02:05
Headline : DEREGISTRATION  

DEREGISTRATION OF BERJAYA FOREST PRODUCTS (CAYMAN) LIMITED IN CAYMAN ISLANDS
AND RE-DOMICILIATION TO LUXEMBOURG
The Board of Directors of Berjaya Group Berhad ("BGroup" or the "Company") is
pleased to announce that the Company has on 27 June 2005 deregistered Berjaya
Forest Products (Cayman) Limited ("BFP"), a wholly owned subsidiary of Berjaya
Group (Cayman) Limited ("BGC") in the Cayman Islands ("Deregistration") and has

also on the same date registered by way of continuation of BFP to the Grand
Duchy of Luxembourg ("Re-domiciliation"). BGC is a wholly owned subsidiary of
BGroup.

In conjunction with the Re-domiciliation, BFPs registered office and effective

place of management have been relocated to the Grand Duchy of Luxembourg. The
name of BFP has also been changed to Berjaya Forest Products (Luxembourg) S.
r.l effective 27 June 2005 ("Effective Date").

The Deregistration and Re-domiciliation (collectively known as the "Migration
Exercise") shall not affect the property or assets of BFP or any of its rights,

powers, authorities, function, liabilities or obligations, each of which shall
be maintained without discontinuance for all purposes following the Effective
Date.

The rationale for the Migration Exercise is to optimize the return on
investment in BFP.

None of the Directors and major shareholders of BGroup or persons connected to
them has any interests, direct or indirect, in the Migration Exercise.

The Board of Directors of BGroup is of the opinion that the Migration Exercise
is in the best interest of the Group.

陳志遠印Money
成功集團重整中途
傳陳志遠涉足鈔券印刷

報導：劉文方

（吉隆坡29日訊）成功集團（BERJAYA）積極重整集團內部和銀行債務之際，市場傳出總舵手丹斯里陳志遠，有意進軍國際印鈔生意。

分析員認為，這只是集團多元化經營的自然發展，陳志遠能否因此擴大財源，也是眾人注目焦點。

《亞洲華爾街日報》引述不具名消息報導說，陳志遠與印裔商人約瑟維亞為大股東的Focus Equity公司，計劃與荷蘭鈔券印刷公司Royal Joh. Enschede，合建一棟總值達5億8000萬令吉的鈔券印刷廠，地點就在吉隆坡外圍。

截稿前，包括成功集團投資者公關部在內的好幾方，都沒有直接回應《中國報》提問。

馬銀行證券（Mayban Securities）分析員回應《中國報》提問時說，規模龐大的成功集團不會放過任何商機，這是自然和可以想像的發展。

集團內部債務達31億令吉，銀行借貸達7億5800萬令吉的成功集團，急需擴大財源和清理集團內部借貸。

該公司日前宣佈，旗下成功置地（BJLAND）計劃把成功多多（BJTOTO）25.67%股權，售給同大股東的英丹公用（INTAN），藉此籌資償還部份內部借貸。

一般認為，陳志遠的鈔券業務一旦落實，預計將會有包括成本低廉，以及新業者新氣象的競爭優勢。

儘管目前還不清楚該計劃申請准證的進程，但報導卻也引述Joh. Enschede副董事艾倫馬正的話說，公司有意收購陳志遠新業務5%的股權，最終目標是15%。

“入股方法是透過聯盟，這樣一來，我們在經營上就會比較有彈性。”

報導還說，鈔券印刷廠預計將於本月開始施工，新公司則將取名Berjaya Enschede Scurity Printing，且將於2007年年初正式投產。

全球紙鈔印刷
每年1200億張

根據《亞洲華爾街日報》報導資料，全球紙鈔印刷業務每年平均可達1000億張至1200億張之間。

這當中，由例如像中國、美國、印尼、以及俄羅斯國有鈔券廠主宰了其中的90%市場，其餘由民間鈔券公司承印，規模稍逾10億美元（約38億令吉）。”

報導還說，全球民間鈔券印刷業目前面對許多問題困擾，包括勞工成本上揚、生產過剩、以及面對各國國有鈔券印刷公司競爭等。

領域版圖更替
業者競爭趨白熱化

盛傳丹斯里陳志遠有意進軍鈔券印刷業（Security Printing），業者則認為成功集團會面臨強勁競爭。

一般而言，鈔券印刷除了紙鈔和有價證券（例如債券和股票等）外， 還包括護照、身份證及郵票等需要特別防偽的法律和有價文件。

不過，真正能賺錢的鈔券印刷業務，就是承接各國中央銀行的印鈔業務，而且這方面的業務主要由歷史悠久的歐洲公司主導。

也正因為這些公司歷史久遠，業界目前出現了一種“尋找新公司”趨勢。

《亞洲華爾街日報》報導引述Jon Enschede的約瑟馬成說：“全球市場目前出現了新趨勢，也就是希望與傳統供應商脫鉤。”

勞動成本不斷上揚前提下，包括英國公司De La ue Currency & Security Print，以及德國公司Giesecke & Devrient都被迫將業務遷離歐洲。

De La ue Currency & Security Print在馬爾它和斯里蘭卡都有鈔券印刷廠，Giesecke & Devrient在我國的廠房，則早已在2003年年底開始投產。

業者說：“鈔票承印公司業務不見得會一帆風順，新加入的競爭者會發現戰況激烈。”