Berjaya Corporation

Berjaya Corporation Berhad
Formerly
 Berjaya Group Berhad
Public
Traded as MYX: 3395
ISIN MYL3395OO000
Industry Conglomerate (Consumer Marketing, Property Development & Investment, Hotels & Resorts and Recreation Development, Gaming & Lottery Management, Food and Beverage, Environmental Services & Clean Technology, Motor Trading & Distribution, and Telecommunications and Information Technology-related Services, Solutions & Products.)
Founded 1984
Founder Vincent Tan (Founder and Executive Chairman)
Headquarters Kuala Lumpur, Malaysia
Area served
 Southeast Asia
Key people
 Dato' Sri Robin Tan (Chief Executive Officer)
Number of employees
 16,000
Website www.berjaya.com

Berjaya Corporation Berhad (MYX: 3395;[1] formerly known as the Berjaya Group Berhad, Inter-Pacific Industrial Group Berhad and Raleigh Berhad) is a Malaysia-based corporation which controls a wide array of businesses, including consumer marketing, property development and investment, as well as hotels, resorts and recreation development. It also specialises in gaming and lottery management, food and beverage, motor trading and distribution, investment on environmental services and clean technology, finally telecommunication and information technology-related services, solutions and products.

History

In the year 1984, the company's sole founder, Vincent Tan, acquired a significant controlling stake in the Berjaya Industrial Berhad (formerly known as Berjaya Kawat Berhad and now known as Reka Pacific Berhad) from the founders from Broken Hill, Australia and National Iron & Steel Mills, Singapore. The shareholding change also resulted in a major change in the business, direction and the dynamic growth of a diversified conglomerate under the flagship of Berjaya Corporation Berhad.

In 1988, following a major restructuring, Berjaya Group Berhad became the holding company of Reka Pacific Berhad.

Inter-Pacific Industrial Group Berhad (formerly known as Raleigh Berhad) was founded in 1967 as a manufacturer of bicycles. In 1969, the organisation gained official listing on Bursa Malaysia Securities Berhad.

Berjaya Corporation Berhad assumed the listing status of Berjaya Group Berhad on the Main Board of Bursa Securities upon the completion of the group restructuring exercise in 2005 and the listing of new shares the year after.[2][3]

Below are the listed subsidiaries under Berjaya Corporation Berhad:

  • Berjaya Land Berhad
  • Berjaya Sports Toto Berhad
  • Berjaya Food Berhad (including Pappa Richi brand)
  • REDtone International Berhad
  • Berjaya Philippines Inc.

Other assets include:

  • Ownership of Cardiff City Football Club
  • Ownership of FK Sarajevo
  • Co-Ownership and directorship of Los Angeles FC
  • Ownership of K.V. Kortrijk

See also

References

  1. ↑ "Bursa Malaysia: Berjaya Corporation Berhad". Bursa Malaysia. Retrieved 3 November 2014.
  2. ↑ "Bursa Malaysia: Announcement". Bursa Malaysia. Archived from the original on 3 November 2014. Retrieved 3 November 2014.
  3. ↑ "TheStar: Berjaya group close to completing revamp". The Star (Malaysia). 27 June 2005. Retrieved 3 November 2014.


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