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Overview
Financial HighlightHeadlinesBusiness Background Boustead Plantations Bhd owns oil palm plantations in Southeast Asia. It cultivates oil palm and harvests fresh fruit bunches (each bunch is taken from an oil palm tree and can contain several hundred individual fruits) throughout its fields. Research and development investments range from improving crop transportation to developing new oil palm breeds. The company produces and sells crude palm oil, palm kernel, and fresh fruit bunches to maintain flexibility with customers. Additionally, it provides mill design and consultancy services. Examinations play an integral role to the consultancy services and enhance plant production capabilities.
16 people like this. calvintaneng Speakup yes Swkplant like Innoprise plant also good and Mabel is correct Simeplant is the largest palm oil company in the world and should be given more weightage Today still got ignorant people buying Bplant at Rm1.56 Ltat already triggered compulsory Mgo as it has more than 90% Bplant shares now whoever so foolish to buy Bplant at Rm1.56 is guaranteed to lose as Bplant will all be taken by Ltat at only Rm1.55 and delisted from listing 27/12/2023 12:11 PM Johnzhang 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 28/12/2023 9:58 AM Johnzhang 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 . 28/12/2023 10:08 AM kpchia 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? 28/12/2023 8:12 PM Johnzhang 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. 28/12/2023 8:45 PM Chan Huat 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? 29/12/2023 6:10 AM Y Y 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 29/12/2023 9:06 AM Johnzhang 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 ? 30/12/2023 1:09 PM stockraider 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! 30/12/2023 2:10 PM ACE9696 ini macam ade macam xde, no different, no fair for those signed and submitted? 30/12/2023 7:13 PM Johnzhang Per announcement on 29 Dec, LTAT holds 85.6% in Bplant only . Seem contradictory to earlier announcement that LTAT secured 90%. Can anyone explain? 02/01/2024 9:36 AM Johnzhang 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. 02/01/2024 9:42 AM calvintaneng 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 03/01/2024 11:29 AM calvintaneng Dear all at Bplant forum Ltat has issued final note that acceptance offer of Rm1.55 for Bplant will not be extended by Jan 5 2024 and within 5 days after that Bplant will be suspended from trading in Bursa as Ltat has official acquired more than 90% of Bplant shares since Ubs Bank also surrendered and given up it's shares now chances of higher offer price after listing is slim so please act fact to accept offers Do not get caught holding unlisted Bplant shares Congratulation to all who bought cheap and now reap a windfall The privatisation and takeovers of palm oil palm started long ago with shares like Austral Enterprize, Golden Hope Plant, Tradewind, Guthrie, Unico Desa, Sindora, Tmakmur, Kulim, Kwantas, Ijmplant and latest Bplant there will be more takeovers and privatisation of Palm oil shares in future months and years to come Palm oil with it's cash generating crop plus high value lands which can only appreciate in value more and more and even more over the years have turned their lands into "gold mines" eventually This has been and will be one of the safest (though dull) investment around Regards Calvin Tan Republic of Singapore 03/01/2024 11:49 PM calvintaneng 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 04/01/2024 8:47 PM ACE9696 i pray bplant like ncb 🤣 as i stuck inside now also 🥶 but still can enjoy dividen, wu pai wu popi 04/01/2024 9:38 PM ACE9696 leave it there to fight niah if you don't need money and your cost in bplant is zero 04/01/2024 9:46 PM calvintaneng Fight? That was some Japanese still fighting after WW2 till 1970 when war over in 1945 https://www.youtube.com/watch?v=rjkPrWaIMPc 04/01/2024 10:38 PM calvintaneng SAY SAYONARA BYE BYE TO BPLANT OR BANK PLANT (BETTER THAN BUYING BANKS) NOW GO BUY OTHER PALM OIL LAGGARDS PALM OIL COMPANY PROFITS IN YEAR 2019 VERSUS NOW IN 2024 (After 4 to 5 Years Show Excellent Growth, Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-01-08-story-h-210649988-PALM_OIL_COMPANY_PROFITS_IN_YEAR_2019_VERSUS_NOW_IN_2024_After_4_to_5_Y 08/01/2024 8:13 AM Harim99 Masih boleh trade Bplant... Thought it will get suspended from trading as it will be privatized 🤔 09/01/2024 12:01 PM calvintaneng LTAT has given final ultimatum Bplant to be delisted by Jan 15 2024 Go buy Thplant now THPLANT (5112) The Cheapest Small Cap Palm Oil Stock with the Bigger Land Bank over 240,000 Acres on planet earth, Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-01-10-story-h-210612449-THPLANT_5112_The_Cheapest_Small_Cap_Palm_Oil_Stock_with_the_Bigger_Land 10/01/2024 1:21 AM kpchia Have yet to receive payment after 10 days. They will post the cheque to our home address? 12/01/2024 10:45 AM calvintaneng YES YOU WILL GET YOUR CHEQUES AND TODAY IS LAST DAY TO SELL BPLANT AND BUY OTHER PALM OIL LAGGARDS https://www.tradingview.com/symbols/MYX-FCPO1!/ Fcpo now above Rm3,800 Most Palm oil co cost of Cpo production only Rm2,000 (more or less) https://www.tradingview.com/symbols/MYX-FCPO1!/ THERE IS A HUGE GROSS PROFIT MARGIN OF 80% TO 90% BETTER STAY SAFE IN PALM OIL 12/01/2024 11:42 AM calvintaneng Amazing indeed Really Irrational madness of highest degree In 2021 when we first posted buy call for Bplant at the rock bottom price of 57 sen buyers were few and far between Today after Ltat wants to take it private at Rm1.55 and warn all Bplant will be delisted and might exist as an unlisted entity with no trading and quotations Yet people chased Bplant up to new high at Rm1.57 closing?? 12/01/2024 5:19 PM calvintaneng Happy morning all Finally Bplant is suspended and delisted from trading just like these palm oil shares of Tmakmur, Kulim, Kwantas and Ijmplant All happy holders are finally rewarding for holding this jewel where its lands now too precious farming "Planting trees on goldmine" lands is a new phrase in the vocabulary of all palm oil investors Like this Sale Stage One Palm oil to palm oil Stage two Palm oil to industries, solar farms, etc etc Stage three Palm oil to Townships or New Capital City So Bon Voyage! Lands move on from farming to Human Habitation in Future Cities Hip hip hooray! 15/01/2024 9:50 AM mercycole Bitcoin and other cryptocurrency scams are becoming rampant as the day goes by. One should be careful when dealing with people online especially when it has to do with your funds. Getting back your stolen bitcoins is very easy but there are also alots of fraudulent recovery firms out there so you need to be careful not to end up being defrauded again. Jamesmckaywizard is the most trusted and reliable recovery firm online. They are the best recovery firm out there now. They are very fast and efficient in the recovery of your funds. To contact them ON EMAIL:jamesmckaywizard@gmail.com or What's App:+44 7826 613094, You can simply send an email and you will be helped to recover 100% of you lost funds- I was able to recover all of my stolen bitcoins. 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They provide excellent service 16/01/2024 4:10 AM John Lee my share trasnfer on 29-12-2023, but i yet to received the cheque, where should i call? i email bplant but no reply or feedback from them 16/01/2024 10:17 AM UncleFollower Let's send a thank you note to LTAT and Mat Hassan for protecting minority shareholder rights 👍 16/01/2024 12:58 PM Parksonguy Should be bplant them self buy it up. If they no buy up, require yearly do account and sent dividend to it share holder right? 23/01/2024 11:38 PM youarewelcome88 Can anyone share if the Deposit RM229 millions paid by KLK for the purchase of Bplant have been returned to them... 23/02/2024 10:50 PM speakup does it really matter now????? Bplant already privatised, taken off bursa. unless of course u work inside Bplant or Klk. 05/04/2024 7:56 AM justina123 Is there anyway to sell my Bplant shares. Totally forgot about it. Thks 16/04/2024 3:51 PM | |