Vincent's The Edge declares his ownership of the Selangor Turf Club land-share price spikes-will the SC act?
On 8 October 2007, Vincent Tan's THE EDGE (see VT's CV at http://www.ascotsports.com/help/d.asp?show=about) reported: On the home front, BLand owns some strategic pieces of land, chiefly the Selangor Turf Club(STC) in Sungai Be si and huge plots in Taman TAR and Bukit Jalil. It also has a 48.76% stake in Berjaya Sports Toto that is valued at over RM3 billion. (Cover Story: Berjaya on the mend,By M Shanmugam 8 October 2007,The Edge Malaysia (Weekly) (for background see story at http://sahathevan.blogspot.com/2007/10/is-selangor-dato-vincent-tan.html) On or about the same time, Berjaya Land share price spiked. (See graph at http://biz.thestar.com.my/marketwatch/images/9042191.gif) Subsequent to THE EDGE story stock broking houses have begun to incorporate the Turf Club land in their valuations of Berjaya Land (see story below) Meanwhile, nowhere in Berjaya Land's most recent audited accounts is there any mention of the Turf Club land. The Star Online Wednesday October 31, 200...