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AJINOMOTO in its balance sheet has listed RM 85 Million for its highly strategic piece of land that represents a massive milestone in the company's history.
They are attempting to privatise the company of 60 millions shares at RM20 a peice , which I deem as a low priced.
The valuation should be about RM 25 at the least , for profits per year is about RM 1.10 per share , and it is a near monopoly .
The details regarding the location and valuation of the land are outlined below:
1. The Locatio