KUALA LUMPUR (Dec 23): Tycoon Tan Sri Vincent Tan has acquired additional 233,600 shares in Berjaya Land Bhd, a filing with Bursa Malaysia today revealed.
 
Tan had acquired the shares on the open market through his private investment vehicle Bizurai Bizak (M) Sdn Bhd on Dec 18 and 19.
 
Following the transaction, Tan held an indirect 65.04% equity stake or 3.63 billion shares in the firm. Comparatively, he held a direct 7.81% equity stake or some 389.6 million shares in the firm.
 
According to theedgemarkets.com, Berjaya Land’s valuation score of 1.2 points and a fundamental score of 0.55 points.

Fundamental rating is refers to the strength of the company's balance sheet, on a scale of 0-3, with 3 suggesting that it is profitable & has strong balance sheet. 

While valuation rating refers to the value of the stock in the capital market, on a scale of 0-3, with 3 suggesting a company gives higher than market average returns and is trading at a lower than average valuation.

Berjaya Land share price ended flat at 80 sen, giving the firm a market capitalisation of RM3.99 billion.