B-group重组计划，到底在搞什么鬼？

leeccg

Vincent Tan又出招了，Btoto又热门又被抬高价钱，公司一直拼命回购股票，我想，应该是要派息和 capital repay ５０ cents的时候了。Btoto 果然是不错的投资。

至于成功集团，vincent却拼命想搞小动作来抬高股价但却蛮难的因为一来股票数目过多，基本面不佳和前景模糊等问题。就算vincent想进攻印刷钞票业也未必有利，因为他是那种什么都想试想插上一脚的奸商，然后他就会利用它来为自己赚钱，到了没利用价值的时候，就肯定会抛弃。而且vincent的办事能力从他的MiTV和TIMES SQUARE的发展就可以看出来了。

他只注重外表，而不会花钱去搞好里面的素质和基本面的问题。

leeccg

INTAN 从１。４０多升到现在的三元，足足起了５０多巴仙，太可恶了，又一次给VINCENT赚钱的机会。我看他已慢慢出货了。INTAN随时会跌，因为根本不值这价钱，而且VINCENT会计划弄低INTAN然后再从低价位买回之前所脱手的股票。

各位投机者小心点吧。。。

leeccg

为什么BTOTO会一直起，为什么BTOTO在这时候会一直买回自己的股票呢？原因很简单，我个人认为VINCENT想借此机会以抬高BTOTO价钱为先，然后迫使INTAN的其他股东们觉得如果他们的买价是３。６０的话，那是那么值得的一宗交易，所以虽然VINCENT他们没有投票权，但是其他股东相信因为BTOTO的诱人价位，都会赞成这次的收购行动的，而VINCENT的最终目的，就能够如愿以偿了。我相信只要INTAN股东大会一旦通过收购，可能会先起一点，然后就是VINCENT抛货的时候了。真的是老狐狸。。。。

烂泥

炒高Intan后其附加股的价格就可以定得更高了。

5年前的BJ Group一场战役中，许多自以为了不起的投机家都是败在这一招之下，大家不可不防。

leeccg

五年前的一场战役？那时候投机客和VINCENT TAN交过手吗？可不可以更详细的告诉我们？ 谢谢。。。

leeccg

（转载）

積極還債．傳再資本回退
成功多多受唱好
updated:2005-07-07 19:00:38 MYT


（吉隆坡訊）成功置地（BJLAND，4219）積極解決償還成功多多（BJTOTO，1562）的集團內部公司貸款，及成功多多或進行第2輪資本回退消息，獲分析員好評如潮，認為這項“雙贏”交易可順利獲得當局和股東放行。

不過，他們不排除上述交易也存有一些隱憂，包括英丹公用（INTAN，6785）的融資能力、證券監督委員會是否批准，及成功置地小股東會否通過等。

由於上述交易普遍獲得好評，帶動成功多多和英丹公用週四股價應聲上揚，漲幅令市場測目。

成功多多一度竄升至4令吉54仙當天最高，叩破4令吉40仙今年最高價位，最後以4令吉52仙收市，全日起14仙；英丹公用也不遜色，以3令吉28仙高姿態報收，共起12仙；成功置地則微起0.5仙至85仙掛收。

OSK證券表示，成功置地小股東會否同意這項交易，仍是重要“關鍵”，尤其是近期成功多多股價一路飆升至4令吉38仙（昨日閉市價），較每股售價4令吉10仙（包括資本回退每股50仙在內）高出6.8%，或令小股東對這項計劃意興闌珊。

假若這項計劃不幸“觸礁”，預料成功置地將另尋其它替代方案。

儘管如此，除了上述風險外，分析員普遍看好這項計劃，認為解決集團內部公司貸款，將改善外界對成功多多企業監管形象，而該公司料在未來1年內進行兩次資本回退計劃，及派發優渥股息的舉動，有助挽回投資者的信心。

馬銀行證券預測，這項雙贏交易料順利放行，並在短期內解決拖延已久的集團內部公司貸款問題。另外，成功多多股東除了能享有優渥股息回酬外，也料享有第二次資本回退，賺取一筆意外之財。

分析員說，一旦集團內部公司貸款獲得解決，成功多多或利用手上多餘資金，作為派發特別股息或償還銀行貸款用途。此外，該公司股東也料在8月杪或9月杪獲得每股50仙的資本回退，並預計在明年享有第二輪的每股50仙資本回退。

他表示，儘管在完成這項交易後，成功置地仍然積欠成功多多約1億8900萬令吉，但一般相信該公司料不會面對償還餘下貸款問題。

成功置地早前宣佈以11億5200萬令吉，或每股3令吉60仙，將成功多多3億2千萬股或25.67%股權售予英丹公用。為融資這項收購和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進行。

另一方面，儘管成功多多承諾將保持至少75%的派息率，惟分析員認為，鑑於該公司資本開銷偏低和握有充裕現金，預料成功多多在2006財政年的派息率有望高達90%至100%。

他表示，鑑於博彩業務表現強穩，預料成功多多在截至2006財政年首季的博彩營業額料取得雙位數成長，而全年成長率則料介於8至10%之間，超越市場預測的7.3%。



星洲日報／財經‧2005/07/07

leeccg

转载自Monday July 11, 2005， THE STAR

Intan set to expand 7-Eleven chain

BY ELAINE BOEY
THE share price of Intan Utilities Bhd has more then doubled in value since the start of last month as investors began paying attention to this largest potential shareholder of Berjaya Sports Toto Bhd (BToto).   

Previously an illiquid stock that was not favoured by analysts, Intan shares have been on an upward trend after the company announced it would pay RM1.15bil to Berjaya Land Bhd (BLand) for a 26% stake in BToto.   

Intan’s core business is relatively new to the company. Last October, it bought over Convenience Shopping Sdn Bhd (CSSB), which owns and operates the 7-Eleven convenience stores franchise, from Berjaya Group Bhd (BGroup).  

BGroup chairman Tan Sri Vincent Tan is also Intan’s controlling shareholder.   

A profit guarantee amounting to RM35.43mil for three years was given when Intan acquired CSSB via its wholly owned subsidiary Premier Merchandise Sdn Bhd.   

So far, the first profit guarantee of RM6.23mil had been achieved, for financial year ended April 30.  

The company currently operates 530 7-Eleven stores nationwide which serve an average of 350,000 customers daily.  

  
Intan Utilities operates 530 7-Eleven stores nationwide.
Each store carries more than 2,000 products while top selling items are proprietary products such as Slurpee and Big Gulp.   

In an analysts’ briefing last Wednesday, the management said its strategy to maintain market dominance was to accelerate the opening of new 7-Eleven stores in good locations.   

The company expects to increase the number to 700 outlets by year-end and 1,000 stores in 2007, which Intan director Freddie Phang told StarBiz was a “comfortable target”.   

“The convenience store business depends on rapid expansion of outlets. More stores also bring new sources of revenue such as from renting of key areas in the store to vendors,” said Phang.   

Intan is also involved in two other operations – the treatment and supply of water and manufacture of semiconductors via a 46.19% stake in Jauhari Harapan Sdn Bhd (JHSB) and a 70.26% stake in IDES Electronics Shd Bhd.  

JHSB fully owns two water supply concessionaires, Metropolitan Utilities Corp Sdn Bhd (MUC) and Air Utara Indah Sdn Bhd (AUI).   

MUC’s water concession to operate water treatment plants and supply treated water to designated areas in Perak (under the Greater Ipoh Water Supply 11 Privatisation Project) commenced in 1989 and had been extended up to 2024. AUI owns a similar concession to supply water to the Kedah Government up to 2020.   

Intan’s smallest income-generating operation, IDES produces semiconductors that are used in computers, modems and telecommunications products. Its plant is in Bandar Baru Seri Iskandar, Perak, and employs 460 workers. During the briefing, the management had said that it no longer injected capital into IDES and was looking to sell off its stake as soon as possible.   

  
The company used to fully own all its subsidiaries but rationalised its business last year by changing its core operations from water management to operating the 7-Eleven franchise.   

Phang said the restructuring was deemed necessary to stem declining revenue and profit from its water division while earnings from semiconductor operations had been erratic and mostly making losses due to a yearly depreciation charges of RM10mil.  

According to Phang, Intan will continue to have a small stake in the water concessions market via JHSB that is expected to be in a better position to participate in future projects under the Government’s proposed water supply privatisation plan.   

For the nine months ended March 31, 2005, Intan reported a net profit of RM4.7mil on a turnover of RM309.2mil.   

Phang pointed out that earlier reports of IDES defaulting on two bank loans were no longer applicable as the company had recently restructured its RM8mil loan from Bank Industri & Teknologi Malaysia Bhd while its RM12mil loan from Bank Islam (M) Bhd was “technically default”, given that monthly repayments were made which “satisfies” the bank.   

A research report by Affin said growth prospects for Intan depended on its aggressive expansion of 7-Eleven stores, as pre-tax profit margin in this operation was thin, at about 3%. According to Phang, the opening of each store requires RM250,000 but the management is looking at a franchising programme that would significantly reduce this cost.   

Meanwhile, Intan’s water business generates an annual net profit of RM3mil to RM4mil but this would decline, as water rates for MUC will be reduced in 2009.  

If the Securities Commission approves its acquisition of BToto shares, Intan stands to receive generous dividends from the highly lucrative number forecast operator.  

However, dividend proceeds will initially be used to pay off the RM750mil bank borrowings that the company will take to finance the purchase of BToto shares.  

Intan’s shareholders are only expected to benefit in the long-term, once most of its debt has been repaid in three years and earnings increase with the doubling of 7-Eleven outlets.  
－－－－－－－－－－－－－－－－－－－－－－－－－－－－－
VINCENT原来一直都默默的在建立着另外一间成功集团（INTAN）。佩服。。。。

leeccg

本人觉得B－group 还会再起，但不要期望太高，赚到２０％就好收手。因为VINCENT TAN 除了成功集团，还有INTAN为他的右臂，左臂是B－GROUP。

leeccg

大家可知道为什么INTAN叫INTAN，只要仔细一看，原来TAN CHEE YOUIN 要将他手上赚钱的机器， ７－１１，BTOTO，等慢慢的挪进自己的口袋，长写是 PUT ALL PROFITABLE COMPANY IN TO TAN＇s POCKET. 他还蛮聪明的嘛。。。

leeccg

最近的INTAN又起，真的好佩服那些炒家，一只不值钱的东西竟然被炒得那么高。。。VINCENT真有他的把炮。。

BJGROUP AH BJGROUP

WHEN YOU UP............................

exterkirk

听说vincent tan 持有nscom 的4% 股权。 真的吗？

Company Name : BERJAYA GROUP BHD  
Stock Name/Code : BJGROUP - 3395  
Disseminated Datetime : 05-08-2005 18:16:16
Headline : BERJAYA GROUP BERHAD (BGROUP OR THE COMPANY)  

BERJAYA GROUP BERHAD (BGROUP OR THE COMPANY)
PART A

BGROUP RESTRUCTURING EXERCISE COMPRISING THE:

(I)VOLUNTARY SCHEME OF ARRANGEMENT BETWEEN THE SHAREHOLDERS OF BGROUP,
THE HOLDERS OF THE 5% IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS (ICULS)
1999/2009 OF RM1.00 NOMINAL AMOUNT EACH IN BGROUP (BGROUP ICULS) AND HOLDERS
OF THE WARRANTS 1999/2009 ISSUED BY BGROUP (BGROUP WARRANTS) PURSUANT TO
SECTION 176 OF THE COMPANIES ACT, 1965 WITH BERJAYA CORPORATION SDN BHD
(BCSB) (A COMPANY IDENTIFIED TO UNDERTAKE THE BGROUP RESTRUCTURING EXERCISE)
FOR THE EXCHANGE OF THE SECURITIES OF BGROUP WITH NEW ORDINARY SHARES OF RM1.00

EACH IN BCSB (BCSB SHARES) AND 0% 10-YEAR IRREDEEMABLE CONVERTIBLE UNSECURED
LOAN STOCKS OF RM0.50 NOMINAL AMOUNT EACH IN BCSB (BCSB ICULS) (BGROUP
SCHEME);

(II)RENOUNCEABLE RIGHTS ISSUE OF UP TO 567,229,214 BCSB ICULS (RIGHTS
BCSB ICULS) WITH UP TO 153,151,888 ADDITIONAL BCSB ICULS (ADDITIONAL ICULS),

ON THE BASIS OF FOUR (4) RIGHTS BCSB ICULS FOR EVERY FIVE (5) BCSB SHARES OR
BCSB ICULS HELD AFTER THE BGROUP SCHEME AND 0.27 ADDITIONAL ICULS FOR EACH
RIGHTS BCSB ICULS SUBSCRIBED, ON A DATE TO BE DETERMINED AND ANNOUNCED LATER BY

THE BOARD OF DIRECTORS OF BCSB (BCSB RIGHTS ISSUE);

(III)REPAYMENT OF BGROUPS BANK BORROWINGS THROUGH THE ISSUANCE OF UP
TO 1,458,636,000 NEW BCSB ICULS (REPAYMENT OF BANK BORROWINGS OF BGROUP);


(IV)SETTLEMENT OF INTER-COMPANY BALANCES ON BEHALF OF BGROUP BY BCSB TO
B-LAND THROUGH THE ISSUANCE OF UP TO 4,108,666,000 NEW BCSB ICULS
(B-LAND INTER-COMPANY SETTLEMENT) AND BCAP THROUGH THE ISSUANCE OF UP TO
3,654,954,000 NEW BCSB ICULS AND CASH SETTLEMENT OF RM130,201,000 (BCAP
INTER-COMPANY SETTLEMENT) (COLLECTIVELY KNOWN AS BGROUP INTER-COMPANY
SETTLEMENTS);

(V)ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF BUKIT
TINGGI RESORT BERHAD (BTR) FOR A TOTAL PURCHASE CONSIDERATION OF
RM802,085,626 TO BE SATISFIED ENTIRELY THROUGH THE ISSUANCE OF 802,085,626 NEW
BCSB SHARES AT PAR (ACQUISITION OF BTR BY BCSB); AND

(VI)TRANSFER OF LISTING STATUS OF BGROUP ON THE MAIN BOARD OF BURSA
MALAYSIA SECURITIES BERHAD TO BCSB (BGROUP LISTING TRANSFER)

(COLLECTIVELY REFERRED TO AS THE BGROUP RESTRUCTURING EXERCISE)

PART B

EXEMPTION TO TAN SRI DATO SERI VINCENT TAN CHEE YIOUN (TSVT) AND PARTIES
DEEMED ACTING IN CONCERT WITH HIM FROM THE OBLIGATION OF EXTENDING MANDATORY
OFFERS FOR ALL THE REMAINING BCSB SHARES AND BCSB ICULS NOT ALREADY HELD BY
TSVT AND PARTIES DEEMED ACTING IN CONCERT WITH HIM UPON COMPLETION OF THE
BGROUP RESTRUCTURING EXERCISE (2.9.1 EXEMPTION)


We refer to our announcement dated 15 June 2005 in relation to the approval
from the shareholders of BGroup for the BGroup Restructuring Exercise and the
2.9.1 Exemption.

Commerce International Merchant Bankers Berhad, on behalf of the Board of
BGroup, is pleased to announce that the Securities Commission has, via its
letter dated 3 August 2005, approved the application made by TSVT and parties
deemed acting in concert with him, namely Tan Sri Dato Tan Chee Sing, Tan
Choon Lui, Dato Robin Tan Yeong Ching, Nerine Tan Sheik Ping, Rayvin Tan Yeong

Shik, B&B Enterprise Sdn Bhd, HQZ Credit Sdn Bhd, Lengkap Bahagia Sdn Bhd,
Nautilus Corporation Sdn Bhd, Hotel Resort Enterprise Sdn Bhd and Nostalgia
Kiara Sdn Bhd, for the 2.9.1 Exemption.

This announcement is dated 5 August 2005.

Company Name : BERJAYA GROUP BHD  
Stock Name/Code : BJGROUP - 3395  
Disseminated Datetime : 08-08-2005 18:02:26
Headline : RESTRUCTURING EXERCISE  

BERJAYA GROUP BERHAD (BGROUP OR THE COMPANY)
PART A

BGROUP RESTRUCTURING EXERCISE COMPRISING THE:

(I)VOLUNTARY SCHEME OF ARRANGEMENT BETWEEN THE SHAREHOLDERS OF BGROUP,
THE HOLDERS OF THE 5% IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS (ICULS)
1999/2009 OF RM1.00 NOMINAL AMOUNT EACH IN BGROUP (BGROUP ICULS) AND HOLDERS
OF THE WARRANTS 1999/2009 ISSUED BY BGROUP (BGROUP WARRANTS) PURSUANT TO
SECTION 176 OF THE COMPANIES ACT, 1965 WITH BERJAYA CORPORATION SDN BHD
(BCSB) (A COMPANY IDENTIFIED TO UNDERTAKE THE BGROUP RESTRUCTURING EXERCISE)
FOR THE EXCHANGE OF THE SECURITIES OF BGROUP WITH NEW ORDINARY SHARES OF RM1.00

EACH IN BCSB (BCSB SHARES) AND 0% 10-YEAR IRREDEEMABLE CONVERTIBLE UNSECURED
LOAN STOCKS OF RM0.50 NOMINAL AMOUNT EACH IN BCSB (BCSB ICULS) (BGROUP
SCHEME);

(II)RENOUNCEABLE RIGHTS ISSUE OF UP TO 567,229,214 BCSB ICULS (RIGHTS
BCSB ICULS) WITH UP TO 153,151,888 ADDITIONAL BCSB ICULS (ADDITIONAL ICULS),

ON THE BASIS OF FOUR (4) RIGHTS BCSB ICULS FOR EVERY FIVE (5) BCSB SHARES OR
BCSB ICULS HELD AFTER THE BGROUP SCHEME AND 0.27 ADDITIONAL ICULS FOR EACH
RIGHTS BCSB ICULS SUBSCRIBED, ON A DATE TO BE DETERMINED AND ANNOUNCED LATER BY

THE BOARD OF DIRECTORS OF BCSB (BCSB RIGHTS ISSUE);

(III)REPAYMENT OF BGROUPS BANK BORROWINGS THROUGH THE ISSUANCE OF UP
TO 1,458,636,000 NEW BCSB ICULS (REPAYMENT OF BANK BORROWINGS OF BGROUP);


(IV)SETTLEMENT OF INTER-COMPANY BALANCES ON BEHALF OF BGROUP BY BCSB TO
B-LAND THROUGH THE ISSUANCE OF UP TO 4,108,666,000 NEW BCSB ICULS
(B-LAND INTER-COMPANY SETTLEMENT) AND BCAP THROUGH THE ISSUANCE OF UP TO
3,654,954,000 NEW BCSB ICULS AND CASH SETTLEMENT OF RM130,201,000 (BCAP
INTER-COMPANY SETTLEMENT) (COLLECTIVELY KNOWN AS BGROUP INTER-COMPANY
SETTLEMENTS);

(V)ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF BUKIT
TINGGI RESORT BERHAD (BTR) FOR A TOTAL PURCHASE CONSIDERATION OF
RM802,085,626 TO BE SATISFIED ENTIRELY THROUGH THE ISSUANCE OF 802,085,626 NEW
BCSB SHARES AT PAR (ACQUISITION OF BTR BY BCSB); AND

(VI)TRANSFER OF LISTING STATUS OF BGROUP ON THE MAIN BOARD OF BURSA
MALAYSIA SECURITIES BERHAD TO BCSB (BGROUP LISTING TRANSFER)

(COLLECTIVELY REFERRED TO AS THE BGROUP RESTRUCTURING EXERCISE)

PART B

EXEMPTION TO TAN SRI DATO SERI VINCENT TAN CHEE YIOUN (TSVT) AND PARTIES
DEEMED ACTING IN CONCERT WITH HIM FROM THE OBLIGATION OF EXTENDING MANDATORY
OFFERS FOR ALL THE REMAINING BCSB SHARES AND BCSB ICULS NOT ALREADY HELD BY
TSVT AND PARTIES DEEMED ACTING IN CONCERT WITH HIM UPON COMPLETION OF THE
BGROUP RESTRUCTURING EXERCISE (2.9.1 EXEMPTION)

We refer to our announcement dated 15 June 2005 in relation to the approval
from the shareholders of BGroup, holders of BGroup ICULS and holders of BGroup
Warrants in their respective court convened meetings for the BGroup Scheme.

Commerce International Merchant Bankers Berhad, on behalf of the Board of
BGroup, is pleased to announce that the High Court of Malaya has approved the
BGroup Scheme.

BGroup will report to the High Court of Malaya on the final amount of the
issued and paid up capital of the Company to be reduced pursuant to the BGroup
Scheme.

This announcement is dated 8 August 2005.

psrngurney

7 11將要上市了！

相信您们以后不敢买它的股票了。它所控制的公司还有很多-digi,bjtoto,cosway,nexmews......

leeccg

成功集团的重组计划真的已尘埃落定了吗？

我只想知道他的新公司的 IPO PRICE。。。

因梦而生存

BJ 还有得救吗
嗯 我想还有吧

psrngurney

幾時賣給intan的？
拥7-Eleven连锁·购入成功多多　英丹公用成零售巨擘
2005-8-16 19:16:42

（槟城16日讯）英丹公用有限公司（INTAN）将从一个从事水供与半导体业者，逐步转型成为一家零售巨。

达证券行表示，目前英丹公用旗下已拥有7-Eleven便利商店，加上最近宣布收购成功多多博彩有限公司（BJTOTO，1562，主板贸易服务组）之25.7%股权，已加强了该公司作为一个零售集团的筹码。

自2004年向丹斯里阿志远收购7-Eleven连锁商店后，这家24小时便利商店的网络已从约250间，成长至560间。

尽管如此，管理层仍未自满，并计划在2005年之前把分店数量提高到700间，及于2007年杪迈向1千间。

达证券行说，虽然网络迅速扩充可能无法即时加强收益，惟在长期方面将对集团的收支平衡有利。

它指出，7-Eleven连锁将有望成为大马成长潜质最强劲的零售公司。若它可在各个竞争者进军前占尽先机，其长期展望将会比预期来得更加明朗。

与此同时，更广大的分店网络也将加强集团与供应商的议价能力，并且赚取更多清单费用。

另一方面，英丹公用最近已建议向成功置地有限公司（BJLAND，4219，主板贸易服务组）收购国内最强万字票专利的成功多多博彩25.7%股权。

这项收购的代价高达11亿5千200万令吉，一旦在06财政年完成后，将可使成功多多晋身成为集团的联号公司。

鉴于该公司的正面展望，达证券行评定英丹公用的合理价为4.42令吉，并建议买进此股。

Company Name : BERJAYA GROUP BHD  
Stock Name/Code : BJGROUP - 3395  
Disseminated Datetime : 17-08-2005 18:17:16
Headline : BERJAYA GROUP BERHAD  

BERJAYA GROUP BERHAD (BGROUP OR THE COMPANY)
PART A

BGROUP RESTRUCTURING EXERCISE COMPRISING THE:

(I)VOLUNTARY SCHEME OF ARRANGEMENT BETWEEN THE SHAREHOLDERS OF BGROUP,
THE HOLDERS OF THE 5% IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS (ICULS)
1999/2009 OF RM1.00 NOMINAL AMOUNT EACH IN BGROUP (BGROUP ICULS) AND HOLDERS
OF THE WARRANTS 1999/2009 ISSUED BY BGROUP (BGROUP WARRANTS) PURSUANT TO
SECTION 176 OF THE COMPANIES ACT, 1965 WITH BERJAYA CORPORATION SDN BHD
(BCSB) (A COMPANY IDENTIFIED TO UNDERTAKE THE BGROUP RESTRUCTURING EXERCISE)
FOR THE EXCHANGE OF THE SECURITIES OF BGROUP WITH NEW ORDINARY SHARES OF RM1.00

EACH IN BCSB (BCSB SHARES) AND 0% 10-YEAR IRREDEEMABLE CONVERTIBLE UNSECURED
LOAN STOCKS OF RM0.50 NOMINAL AMOUNT EACH IN BCSB (BCSB ICULS) (BGROUP
SCHEME);

(II)RENOUNCEABLE RIGHTS ISSUE OF UP TO 567,229,214 BCSB ICULS (RIGHTS
BCSB ICULS) WITH UP TO 153,151,888 ADDITIONAL BCSB ICULS (ADDITIONAL ICULS),

ON THE BASIS OF FOUR (4) RIGHTS BCSB ICULS FOR EVERY FIVE (5) BCSB SHARES OR
BCSB ICULS HELD AFTER THE BGROUP SCHEME AND 0.27 ADDITIONAL ICULS FOR EACH
RIGHTS BCSB ICULS SUBSCRIBED, ON A DATE TO BE DETERMINED AND ANNOUNCED LATER BY

THE BOARD OF DIRECTORS OF BCSB (BCSB RIGHTS ISSUE);

(III)REPAYMENT OF BGROUPS BANK BORROWINGS THROUGH THE ISSUANCE OF UP
TO 1,458,636,000 NEW BCSB ICULS (REPAYMENT OF BANK BORROWINGS OF BGROUP);


(IV)SETTLEMENT OF INTER-COMPANY BALANCES ON BEHALF OF BGROUP BY BCSB TO
B-LAND THROUGH THE ISSUANCE OF UP TO 4,108,666,000 NEW BCSB ICULS
(B-LAND INTER-COMPANY SETTLEMENT) AND BCAP THROUGH THE ISSUANCE OF UP TO
3,654,954,000 NEW BCSB ICULS AND CASH SETTLEMENT OF RM130,201,000 (BCAP
INTER-COMPANY SETTLEMENT) (COLLECTIVELY KNOWN AS BGROUP INTER-COMPANY
SETTLEMENTS);

(V)ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF BUKIT
TINGGI RESORT BERHAD (BTR) FOR A TOTAL PURCHASE CONSIDERATION OF
RM802,085,626 TO BE SATISFIED ENTIRELY THROUGH THE ISSUANCE OF 802,085,626 NEW
BCSB SHARES AT PAR (ACQUISITION OF BTR BY BCSB); AND

(VI)TRANSFER OF LISTING STATUS OF BGROUP ON THE MAIN BOARD OF BURSA
MALAYSIA SECURITIES BERHAD TO BCSB (BGROUP LISTING TRANSFER)

(COLLECTIVELY REFERRED TO AS THE BGROUP RESTRUCTURING EXERCISE)

PART B

EXEMPTION TO TAN SRI DATO SERI VINCENT TAN CHEE YIOUN (TSVT) AND PARTIES
DEEMED ACTING IN CONCERT WITH HIM FROM THE OBLIGATION OF EXTENDING MANDATORY
OFFERS FOR ALL THE REMAINING BCSB SHARES AND BCSB ICULS NOT ALREADY HELD BY
TSVT AND PARTIES DEEMED ACTING IN CONCERT WITH HIM UPON COMPLETION OF THE
BGROUP RESTRUCTURING EXERCISE (2.9.1 EXEMPTION)

Commerce International Merchant Bankers Berhad, on behalf of the Board of
BGroup, is pleased to announce that the Ministry of International Trade and
Industry has approved an additional of up to 100,000 BCSB Shares to be issued
pursuant to the BGroup Scheme.

This announcement is dated 17 August 2005.