BCB (6602)

[HoneyB]

but property market sentiment slowing down wor...

[12345]

but property market sentiment slowing down wor...

No worries.,, slow a bit to take some rest.,. The china partnered help to market the houses to the rich in china also

[12345]

Bank may reduce the interest rate during the first quarter in 2012.... This also boost the property market

[12345]

mont kiara and kota kemuning projects are open for enquiry.... go to its website at bcbbhd.com.my and view the design, etc and call for enquiry....  bcb price will take off..........soon

without the commencement of these project, financial performance seems getting better n better with its projects in Johor....coming 

[12345]

without the commencement of these project, financial performance seems getting better n better with its projects in Johor....coming 

Tuesday,  29 Nov 2011 
 
5:29PM  1Q net profit 2.523 million (increased 27.17%) 

[12345]

more share buyback is on the way

Proposed Renewal of Share Buy-Back Authority
Resolution pursuant to the proposed renewal of Share Buy-Back Authority. The Ordinary Resolution proposed
under agenda 7, if passed, will empower the Directors to purchase the Company’s shares of up to ten per cent of
the issued and paid-up share capital of the Company by utilising the funds allocated which shall not exceed the
total retained earnings of the Company. This authority, unless revoked or varied at a general meeting, will expire
at the conclusion of the next Annual General Meeting of the Company.
The details relating to Ordinary Resolution No. 7 and Ordinary Resolution No. 8 are set out in the Circular to
Shareholders and Share Buy Back Statement dated 23 November 2011.

[12345]

more share buyback is on the way

Proposed Renewal of Share Buy-Back Authority
Resolution pursuant to the proposed renewal of Share Buy-Back Authority. The Ordinary Resolution proposed
under agenda 7, if passed, will empower the Directors to purchase the Company’s shares of up to ten per cent of
the issued and paid-up share capital of the Company by utilising the funds allocated which shall not exceed the
total retained earnings of the Company. This authority, unless revoked or varied at a general meeting, will expire
at the conclusion of the next Annual General Meeting of the Company.
The details relating to Ordinary Resolution No. 7 and Ordinary Resolution No. 8 are set out in the Circular to
Shareholders and Share Buy Back Statement dated 23 November 2011.

NOTICE IS HEREBY GIVEN that the Twenty-Third Annual General Meeting of the Company will be held at Prime City Hotel, Venus Room, 6th Floor, 20, Jalan Bakawali, 86000 Kluang, Johor Darul Takzim on
Thursday, 15 December 2011 at 10.30 a.m.

[jais]

 

[12345]

NOTICE IS HEREBY GIVEN that the Twenty-Third Annual General Meeting of the Company will be held at Prime City Hotel, Venus Room, 6th Floor, 20, Jalan Bakawali, 86000 Kluang, Johor Darul Takzim on
Thursday, 15 December 2011 at 10.30 a.m.

very quiet, wait for the agm for approval for share buyback..... thereafter, tak off....

[12345]

Its kota kemuning project is going to be launched...go to its website at www.bcbbhd.com. a township project.... very potential

Maybank IB likes Malaysian developers with strong balance sheets and larger exposure to township developments amid a possible slowdown in property demand and policy risks. "We believe the property cycle is peaking and expect slower sales growth going forward," the house says. A strong balance sheet provides more room for landbanking exercises while township developments, which are largely dominated by owner-occupiers, are less vulnerable to policy risk, it says. Glomac (5020.KU) and SP Setia (8664.KU) have clean balance sheet with net cash of MYR0.086 and MYR0.046 per share respectively, says Maybank, adding that both Glomac, rated at Buy with a target of MYR0.88, and SP Setia (unrated) have considerable exposure into township developments. Maybank keeps the property sector at Neutral. Glomac is up 0.6% at MYR0.815 while SP Setia is flat at MYR3.86.

[12345]

so quiet, not much movement.... share buyback has been stopped? ... what strategies will be used by the top management next?
 
 

[12345]

bcb will move after cny as it is going to launch its multi-billions project in mont kiara and kota kemuning projects... also, bcb has no non-halal biz, it may attract islamic trust funds soon.

[12345]

would bcb's mont kiara condo project to be launched after cny taken up like hot cake?
 

Even given the tightening in bank loans and the general sentiment of moderated enthusiasm, all units within the first block of Damansara Foresta were snatched up promptly at last weekend's sales preview.
 
"By the second day, all the units in Block 1 were gone.

[12345]

would bcb's mont kiara condo project to be launched after cny taken up like hot cake?
 

Even given the tightening in bank loans and the general sentiment of moderated enthusiasm, all units within the first block of Damansara Foresta were snatched up promptly at last weekend's sales preview.
 
"By the second day, all the units in Block 1 were gone.

MK11 condominium at Mont'Kiara, Kuala Lumpur (SOLD)

Land area: N/A; Built-up area: 3,317 sq ft; 4+1 bedrooms; 5 bathrooms; freehold

RM2,750,000

The agent says this partly-unit is situated in one the most sought-after international enclaves in Kuala Lumpur city. It is close to numerous shopping centres such as 1Mont'Kiara, Solaris Dutamas, Bangsar Shopping Centre and One Utama, as well as international schools. It is also easily accessible to other major highways.

Sale concluded by: Emery Sum of Oriental Realty (Mont'Kiara); 017 823 9883

[12345]

would bcb's mont kiara condo project to be launched after cny taken up like hot cake?
 

Even given the tightening in bank loans and the general sentiment of moderated enthusiasm, all units within the first block of Damansara Foresta were snatched up promptly at last weekend's sales preview.
 
"By the second day, all the units in Block 1 were gone.

Condominium at Verve Suites, Mont'Kiara (SOLD)

Land area: N/A; Built-up area: 862 sq ft; 2 bedrooms; 2 bathrooms; freehold

RM710,000

An exclusive serviced apartment, its unique features include a sky beach and a Vertical Lounge on the 35th floor that houses most of its facilities. The unit comes fully furnished, and features a stylish yet minimalist interior design. A popular address with expatriates, units of this size can command rents of between RM3,500 and RM4,000 per month. The development has seen good capital appreciation, hitting about RM860 psf in the secondary, up from its launch of RM550 psf. Surrounded by amenities including four major supermarkets within five to 10 minutes drive, three international schools, eateries and restaurants.

Sale concluded by: Wong Poh Fei of GMAC Realtors; 012-214 7055; pohfei.wong@gmail.com

[12345]

bcb should revalue all its lands, buildings, etc and then invite research houses to write about the company. Tell us more about the company's future plan in addition to your mont kiara project, your kemuning project, johor project, overseas projects (if any) and also any plans to be taken private, consider M&A, etc? then  will come!!!!!!!!!!

There could be major surprise later in 2012, fingers crossed

Valuers expect property market to continue upward trend

By Yow Hong Chieh

 January 17, 2012


KUALA LUMPUR, Jan 17 — Property prices is likely to continue climbing this year due to government efforts to stimulate the economy and improve transportation infrastructure in the Klang Valley, valuers said today.
 
National Property Information Centre (NAPIC) director Zailan Mohd Isa said the market would move forward despite concerns about sluggish economic growth if projects like the Mass Rapid Transit (KVMRT) and a slew of highways were carried out as planned.
 
“When we talk about transactions, the total numbers are increasing. The same goes for the value. It is on an upward trend...,” she told reporters at the Property Market Outlook 2012 organised by the Association of Valuers, Property Managers, Estate Agents and Property Consultants (PEPS) here.
 
“Because of all these investments in the private sector, especially the ETP in the Greater KL development, this will push up the market. Developers will have to react to government initiatives like the PR1MA homes, My First Home. All this will help create demand for property.”
 
However, she stressed that prices would not go up across the board but will still be location-specific, with the largest increases expected in the Klang Valley.
 
There were some 322,000 property transactions in the first nine months of 2011, the highest in the past decade, according to NAPIC.
 
Most of the transactions occurred in the residential and commercial sub-sectors, with the second quarter being the most active with over 115,000 transactions.
 
Total transaction value for the first three quarters of 2011 totalled RM103 billion, compared to RM77 billion for the same period in the previous year.
 
PEPS exco member Foo said that while values of new residential projects on the periphery could fall this year, this was unlikely for Klang Valley properties which faced upward pressure from rising material, labour and land costs.
 
“I do not see them happening within KL, Klang Valley itself. But if you’re looking at some of the apartment units located outside the Klang Valley... the occupancy rate is pretty low so there will be an opportunity for young people to pick up (property).”
 
He added that current borrowing rates and the expected rate cut this year by Bank Negara Malaysia (BNM) meant it will remain “very attractive” for young buyers to pick up property.
 
PEPS president Choy Yue Kwong said property prices would not fall unless there was a major economic crisis, but even then any dip will be temporary and would be reversed quickly in the following quarter, as has been the trend in past years.
 
“Even if it goes down, it’s not like everybody is selling low. A lot of people will not even sell anything. They’ll just hold on to the property,” he said.
 
“There’ll be one or two guys, a very small minority, who are in financial trouble, they will sell low. But that doesn’t represent the market.”

[alvingan7]

I hear the BCB boss is the 2nd man's PM Muhyiddin
of best friend ?

[12345]

bcb may declare dividend soon? otherwise, bcb will be questioned by bursa as it is making profit continuously but no dividend has been declared for so long? 

[12345]

bcb may declare dividend soon? otherwise, bcb will be questioned by bursa as it is making profit continuously but no dividend has been declared for so long? 

apland was being taken private, also never pay dividend for a long time.... wonder it was also being questioned by bursa for not paying dividend???

[12345]

BCB targets Klang Valley
By ZAZALI MUSA
zaza@thestar.com.my


KLUANG: Johor-based property developer BCB Bhd will focus on building its presence in the Klang Valley property market over the next three to four years.

Group managing director Datuk Robert Tan Seng Leong said the company was confident it would be able to compete with established players in the Klang Valley.

He said BCB was in the midst of setting up a permanent office in Mont' Kiara, Kuala Lumpur to mark its commitment to become one of the major property players in the Klang Valley.

It is only natural for us to move beyond Johor and our presence in the Klang Valley will open up opportunities for us to venture into other states including Penang, Tan told StarBizWeek after the company AGM on Wednesday.

He said BCB would be launching two maiden property projects in the Klang Valley in the third and the fourth quarters of 2011.

The first project comprises three bungalows, priced from RM3mil, at Lorong Awan Jawa, Taman Yarl.

The second project is Secret Garden @ Kiara on a 2.02ha site beside Solaris Mont' Kiara, which consists of 352 condominium units in five 30-storey blocks with a gross development value of RM500mil.

Tan said the units, with built-up areas ranging from 1,400 to 4,000 sq ft would be priced at RM650 per sq ft and BCB expected the project, when completed in three years, to generate a pre-tax profit of RM100mil.

Being the new boy on the block, our selling price per sq ft is slightly lower than what the established players offer and we believe this will be our strong point to attract buyers, he said.

He said BCB had engaged building consultants and landscape architecture companies from Shanghai for Secret Garden @ Kiara and would award the construction of the project to a leading Japanese or South Korean contractor.

Tan said BCB would bank on its close relationship with property companies in China, especially from Beijing and Shanghai, in marketing the project to buyers in China as many rich Chinese were looking to buy properties in South-East Asia.

He also said BCB was actively looking for land in the Klang Valley for future development and was willing to undertake projects on joint-venture basis with land owners.

For the financial year ended June 30, BCB recorded net profit of RM2.12mil on revenue of RM91.07mil against RM3.6mil and RM93.07mil respectively the previous year

heard that its mont kiara condo project will be launched after chinese new year. that means anytime from now?

[12345]

many small/medium size property companies are being taken private, acquired, etc.... bcb can be the next one?

[12345]

heard that its mont kiara condo project will be launched after chinese new year. that means anytime from now?

According to one of his sales team members....

The price is not set until top management finalized and announce in newspaper and magazine in March 2012.

[12345]

According to one of his sales team members....

The price is not set until top management finalized and announce in newspaper and magazine in March 2012.

BCB has no non-halal biz like Metro Kajang.... its turn to move soon...

[12345]

Emerging Stocks in Best Winning Streak Since 2010 as U.S. Jobless Falls... good for property stocks... usa also pledged to maintain low interest rate till late 2014.... investors can borrow with low interest rates and invest in emerging markets... msia is being promoted as an old folk home for retirees worldwide... so, a lot of demands for properties come from foreign retirees ..... property stocks again could spring a surprise in 2012 with economic and job recovery in usa as the biggest economy in the world

[USuck]

Emerging Stocks in Best Winning Streak Since 2010 as U.S. Jobless Falls... good for property stocks... usa also pledged to maintain low interest rate till late 2014.... investors can borrow with low interest rates and invest in emerging markets... msia is being promoted as an old folk home for retirees worldwide... so, a lot of demands for properties come from foreign retirees ..... property stocks again could spring a surprise in 2012 with economic and job recovery in usa as the biggest economy in the world

Foreigners will sell their houses they bought in Asian countries and buy houses in the US as they are cheap and economy is recovering!!! 

[12345]

Berjaya Km1 condo at bukit jalil starting from about 600k almost sold out now. Bcb mont kiara condo to be launched will sell like hot cake... Most hi tech / green as claimed ?

[ikan Besar]

Berjaya Km1 condo at bukit jalil starting from about 600k almost sold out now. Bcb mont kiara condo to be launched will sell like hot cake... Most hi tech / green as claimed ?

wah lau eh...eh you mean no more rm150k condominium anymore
waht about if I only wan to buy 2 room condominium
should be rm160k mah betulkah
 

[12345]

wah lau eh...eh you mean no more rm150k condominium anymore
waht about if I only wan to buy 2 room condominium
should be rm160k mah betulkah
 

even new apartments in kajang mewah sold by metro kajang starts from rm220K++ without swimming pool and facilities, with car park only.... also surrounded by electricity cables...... no developers are willing to sell below rm200k in klang valley... good location starts from 500k to 1mil now//// cheaper alternatives are to buy the new houses... 

[12345]

wah lau eh...eh you mean no more rm150k condominium anymore
waht about if I only wan to buy 2 room condominium
should be rm160k mah betulkah
 

even new apartments in kajang mewah sold by metro kajang starts from rm220K++ without swimming pool and facilities, with car park only.... also surrounded by electricity cables...... no developers are willing to sell below rm200k in klang valley... good location starts from 500k to 1mil now//// cheaper alternatives are to buy the old houses.or far away places..   

[12345]

bcb is expected to move as it is launching its properties next month....

[12345]

BCB share price surely will rocket soon



Also breaking ground not far from Verdana is BCB Berhad’s Concerto Kiara, which will offer 440 luxury condomiums on the land located zbehind Menara Duta 2 condo. Built-up sizes range from 1,500 sq ft to 2,000 sq ft, and its launch is scheduled for March. Pricing is said to be comparable to Verdana, although its sales manager expresses that some of Concerto’s finishings are of a higher specification, eg private lift lobbies, marble flooring rather than tile, and granite kitchen counters rather than Corian type.
 
Concerto Kiara is targeting an equal mix of foreign buyers and local buyers. This is especially given the developer’s ties with property companies in China and its plans to launch in cities such as Beijing, Shanghai, Guangzhou and Xiamen

[12345]

expect bcb shares will be sold like hot cakes 

[12345]

BCB share price surely will rocket soon



Also breaking ground not far from Verdana is BCB Berhad’s Concerto Kiara, which will offer 440 luxury condomiums on the land located zbehind Menara Duta 2 condo. Built-up sizes range from 1,500 sq ft to 2,000 sq ft, and its launch is scheduled for March. Pricing is said to be comparable to Verdana, although its sales manager expresses that some of Concerto’s finishings are of a higher specification, eg private lift lobbies, marble flooring rather than tile, and granite kitchen counters rather than Corian type.
 
Concerto Kiara is targeting an equal mix of foreign buyers and local buyers. This is especially given the developer’s ties with property companies in China and its plans to launch in cities such as Beijing, Shanghai, Guangzhou and Xiamen

Not enough units to sell in all major cities in china. msia encourages foreigners to retire in msia... weather in china is very cold..so.. for the rich, the demand will be good..moreover promoted by developers in china, more confidence in bcb mont kiara condo units.. strong link with property developers in china.... likely they would acquire a stake in bcb later or bcb do projects in china with them or together with china developers to take bcb private.... bcb will fly....

SINGAPORE: Foreigners snapped up about 9,300 private homes last year - making it a record one-third of total sales - as factors such as low interest rates and robust economic fundamentals ignited the property market.
 
Their buying patterns have entered new territory as well, with purchasers moving from the traditional prime districts of nine, 10 and 11 to emerging hot spots in Tampines and Pasir Ris.
 
The 2011 boom could be a high water mark, given that December's cooling measures added a 10% stamp duty on homes bought by foreigners.
 
While that makes this year one of uncertainty, there is no denying the market's strength last year.
 
Last year's numbers, contained in a report by consultancy Savills Singapore, found that foreigners, including permanent residents (PRs), accounted for 31% of the transactions - an all-time high.
 
It also showed that Chinese buyers were behind 28% of all foreign purchases, with Malaysians next at 20%, Indonesians at 18%, and Indians at 12%.
 
Comparable figures for foreigner purchases in other countries were not readily available, consultants said. Singapore's proportion might also be skewed because PRs are included in the tally.
 
Alan Cheong, director of research and consultancy at Savills, noted that although the Chinese were the top buyers, Indonesians had the largest budgets and dominated city-centre deals.
 
“About 79% of their total purchases were above US$1mil, indicating that Indonesian buyers were relatively less active in purchasing small-format or Mickey Mouse' homes, which are typically priced below US$1mil,” he added.
 
The new stamp duty was expected to hit the luxury segment hard as foreigners made up 43% of all prime home sales, Cheong noted. - The Straits Times

[12345]

also expect bcb to declare dividend soon as it continues to make profits non-stop and it had stopped paying dividend for some periods... bursa may query the directors if not declaring dividend.... more upside is expected in its share price beside potential for M&A...

[12345]

also expect bcb to declare dividend soon as it continues to make profits non-stop and it had stopped paying dividend for some periods... bursa may query the directors if not declaring dividend.... more upside is expected in its share price beside potential for M&A...

something like this for bcb would be very nice

Mahajaya Bhd jumped 13 per cent to 82.5 sen, on course for its highest close since February 2006.

The property developer received a buyout offer at 85 sen a share from a group already owning 72 per cent of the company, according to a stock exchange filing. - Bloomberg

[12345]

I think share buyback for 2012 may begin soon also


Last share buyback in 2011. 

Friday,  22 Apr 2011 
 
5:29PM  1,010,000 shares purchased into treasury 
5:29PM  560,000 shares purchased into treasury 
6602    BCB    BCB BHD 
Notice of Shares Buy Back by a Company pursuant to Form 28A
 
Date of Buy Back : 11/04/2011 to 14/04/2011
No. of Shares Purchased : 1,010,000 shares
Minimum Price Paid For Each Share Purchased : RM 0.585
Maximum Price Paid For Each Share Purchased : RM 0.650
Total Amount Paid For Shares Purchased : RM 641,097.35
Shares Were Purchased Through : Bursa Malaysia Securities Berhad
No. of Shares Purchased Retained in Treasury : 1,010,000 shares
Total No. of Shares Retained in Treasury : 6,009,600 shares
No. of Shares Purchased Which Were Cancelled : 0 shares
Total Issued Capital as Diminished : 0
Date Lodged With Registrar of Company : 22/04/2011
Lodged By : Tricor Corporate Services Sdn Bhd
 
Remarks:
N/A
 
 
Submitted By:
YEAP KOK LEONG
 

22/04/2011   05:29 PM 


Ref Code: 20110422NS00174 
6602    BCB    BCB BHD 
Notice of Shares Buy Back - Immediate Announcement (Amended Announcement)
 
Date of Buy Back : 14/04/2011
Description of Shares Purchased : Ordinary shares of RM1.00 each
No. of Shares Purchased : 560,000 shares
Minimum Price Paid For Each Share Purchased : RM 0.650
Maximum Price Paid For Each Share Purchased : RM 0.650
Total Consideration Paid : RM 365,401.20
No. of Shares Purchased Retained in Treasury : 560,000 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 6,009,600 shares
Adjusted Issued Capital After Cancellation : 0
Date Lodged With Registrar of Company :   
Lodged By :   
 
Remarks:
Amendment is made to the Description of Shares Purchased which should be
Ordinary shares of RM1.00 each instead of Ordinary shares of RM0.10.
 
 
Submitted By:
YEAP KOK LEONG
 

22/04/2011   05:29 PM 


Ref Code: 20110422NI00173 
 

[alvingan7]

 

[12345]

'Property mart to see 10pc growth in 2012'
 



Published: 2012/02/10
 
good for bcb



The property market is expected to see 10 per cent growth in transaction value this year from over RM40 billion last year,
according to property consultant CH William Talhar & Wong Sdn Bhd.

Managing director Foo Gee Jen said the growth is slightly lower compared to 11 per cent last year, adding the appreciation in market value is mainly driven by cost rather than demand.

"The higher land value, shortage of labour and rise in building material prices rather than buyers' demand prompted our forecast value," he said.

He said the property market would stay buoyant on the back of the strong housing property segment, with the growth mainly contributed by demand from the young population.
 






Speaking at a media briefing on the outlook for the property sector today, he said office rentals would remain stagnant or decline for older buildings but there would be higher asking rentals for newly completed buildings with green certification and Multimedia Super Corridor status.

With over 0.74 million sq m of new office space expected to enter the market this year, there will be a very competitive office leasing environment, he said. "Hence, older buildings will face pressure from declining occupancies as tenants seek newer, better quality offices," he added.
 
For the condominium sector, Foo said luxury condominiums could face the threat of oversupply in the future.

On new non-landed developments, he said a total of 13,716 units in 47 developments are currently under construction, with about 2,900 units to be completed this year.

"With the average occupancy rate at 68 per cent, this gives some pressure on the developers, whose current focus is more on smaller and more affordable unit sizes of 46.5 to 93.0 sq m," he said.

Selling prices range from RM9,136 to RM21,520 per sq m in the KLCC area, and RM7,532 to RM10,760 per sq m in the Mont' Kiara/Sri Hartamas and Kenny Hills areas, he added.

However, he said, sales of new housing developments are expected to be sustained this year due to the low interest and unemployment rates and attractive financing packages.

He said the take-up rate will be maintained at last year's rate, with the House Price Index at 11.4 per cent for Kuala Lumpur and 9.6 per cent for Selangor.

"Last year, the landed residential sector showed strong movement on the supply side while demand was correspondingly positive, with most new launches recording high sales rates of between 60 and 70 per cent," he added. -- Bernama


Read more: 'Property mart to see 10pc growth in 2012' http://www.btimes.com.my/Current_News/BTIMES/articles/20120210153505/Article/index_html#ixzz1lxwnqRK8

[12345]

also expect bcb to declare dividend soon as it continues to make profits non-stop and it had stopped paying dividend for some periods... bursa may query the directors if not declaring dividend.... more upside is expected in its share price beside potential for M&A...

if the mont kiara project is successful, most likely bcb will be taken private,,,, profit from this project to fund privatisation,.... they could reap all the profits from the bungalow and commercial project in kota kemuning themselves.... no need to share with others anymore after privatisation

[12345]

Net asset per share is more than rm1.50. Paid up shareis around rm200mil++, par value is rm1. Mont kiara condo project is forecast to make at least  rm100mil last time. Now it could it much more. Even offer price at rm1 to take private, less than rm100mil is needed...the coming project in Kota kemuning project could generate several hundred millions... No reason not to be taken private... Bcb has many lands in Johor which have not been revalued for s long time... Sure make money to buy now when nobody realizes this... Last year bcb bought back shares at 65sen

[12345]

any offers to take bcb private would drive the share price up like crazy? fingers crossed

[taikoj]

Pay attention too on KBUNAI

[12345]

expect bcb to announce a very nice quarterly result.... due to overwhelming response for its properties in Johor

[12345]

now, just wait for any move or offer to take bcb private.... any news on this would drive the share price up like crazy... really undervalued.... after revaluing the land in johor, NTA od bcb should be more than rm2, now, share price is only 42sen

[12345]

another  nice quarterly results to be announced, etc ?

[12345]

Quarterly result to be announced..... major surprise with additional announcements, etc etc??

[12345]

expect bcb to announce a fantastic result with the announcement of launching of condo in mont kiara, etc etc///

[12345]

share buyback has started again, better late than never

Tuesday,  28 Feb 2012 
 
6:28PM  1,000 shares purhased into treasury 
 
Monday,  27 Feb 2012 
 
5:38PM  Appointment of Tan Vin Shyan As Director 

[12345]

bcb continued to make profit non-stop even b4 selling the properties at mont kiara and kota kemuning....it would explode once these projects are launched, etc..... :cash:coming

Wednesday,  29 Feb 2012 
 
5:33PM  1H net profit 3.510 million 

[12345]

bcb bought back so much of its own shares.... something must be good

Asto-dateofthisreport,theCompanyhadboughtbackatotalof6,010,600sharesfromtheopenmarketatanaveragepurchasepriceofRM0.52pershare.Thetotalconsiderationpaidforthesharebuy-back,inclusiveoftransactioncostsamountedtoRM3,113,821ThesharesboughtbackareheldastreasurysharesinaccordancewithSection67AoftheCompanes Act, 1965.