Berjaya Corporation Berhad (MYX: 3395;[2] 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 and products.
Berjaya was previously known as Berjaya Kawat Berhad founded by Broken Hill Proprietary Ltd, Australia and National Iron & Steel Mills, Singapore. In 1984, Vincent Tan took a stake in Berjaya Industrial Berhad. In 1985, Tan bought 51% of Sports Toto from the Malaysian government. He then injected Sports Toto into Berjaya, swapping his shares in Sports Toto for a controlling stake in Berjaya.[3] 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, Tan swapped his shares in Berjaya for control of Raleigh Bhd. (originally a bicycle manufacturer incorporated in 1967 and gained official listing on Bursa Malaysia in 1969), which was then renamed Inter-Pacific and turned into Berjaya's holding company.[4] It later became known as Reka Pacific Berhad. Under his leadership, Berjaya's pretax profit rose from RM 700,000 in 1984 to RM 70 million in 1989,[3] and RM 342 million in 1998,[5] and exceeding RM 1 billion in some years in the next two decades.[6][7]
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.[8][9]
Below are the listed subsidiaries under Berjaya Corporation Berhad:
Berjaya Land Berhad
Berjaya Sports Toto Berhad
Berjaya Food Berhad (including Pappa Richi brand)
REDtone Digital Berhad (formerly known as REDtone International Berhad)
The Better Malaysia Foundation (BMF) is a subsidiary of the corporate social responsibility program developed by the Berjaya. Chairman of Berjaya Bhd, Vincent Tan is also chairman of BMF.[10]
In 2013, in partnership with SOLS 24/7, BMF launched Project 100 aimed at establishing 100 community centres where Malaysians would be able to have access to free education.[11]
In 2016, the foundation donated RM1 million to over 39 charities including a RM 50,000 donation to the Generasiku Sayang Negri Selangor organisation, and the Malaysian Sikh Union, which received RM35,000.[12] Tan also donated RM 25.6 million to the BMF via the Berjaya CSR program, earmarked for education and skills training, as well as community-based projects.[13]
In 2017, the BMF donated RM500,000 to victims of the Penang flood.[14]
Each year, the foundation presents the Better Malaysia Foundation Personality of the Year Award. Past winners include Madenjit Singh, founder of Science of Life Studies 24/7 in 2012,[15] Jane Goodall in 2014,[16][17] and Dharma Master Cheng Yen for humanitarian work in Malaysia through the Tzu Chi Foundation.[18]
^"Bursa Malaysia: Announcement". Bursa Malaysia. Archived from the original on 3 November 2014. Retrieved 3 November 2014.
^"TheStar: Berjaya group close to completing revamp". The Star (Malaysia). 27 June 2005. Retrieved 3 November 2014.
^"Berjaya Corporation Berhad - Tan Sri Vincent Tan's Other Businesses".
^"NGO calls for passionate individuals who want to help the poor learn English - Nation | The Star Online". www.thestar.com.my. Retrieved 22 October 2018.
^"BMF donates RM1m to 39 charitable organisations". www.thesundaily.my. Retrieved 22 October 2018.
^"Vincent Tan donates RM25.6mil via his charity foundation's CSR programme - Community | The Star Online". www.thestar.com.my. Retrieved 22 October 2018.
^"Vincent Tan donates RM500,000 to help out Penang flood victims - Nation | The Star Online". www.thestar.com.my. Retrieved 22 October 2018.
^. Archived from the original on 19 September 2017. Retrieved 22 October 2018.
^"Goodall: Stand firm in your beliefs". www.thesundaily.my. Retrieved 22 October 2018.
^. www.tzuchi.us. Archived from the original on 22 October 2018. Retrieved 22 October 2018.
External links
Official website
January 25, 2023
berjaya, corporation, berhad, 3395, formerly, known, berjaya, group, berhad, inter, pacific, industrial, group, berhad, raleigh, berhad, malaysia, based, corporation, which, controls, wide, array, businesses, including, consumer, marketing, property, developme. Berjaya Corporation Berhad MYX 3395 2 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 and products Berjaya Corporation BerhadFormerlyBerjaya Group BerhadTypePublic limited companyTraded asMYX 3395ISINMYL3395OO000IndustryConglomerate Consumer Marketing Property Development amp Investment Hotels amp Resorts and Recreation Development Gaming amp Lottery Management Food and Beverage Environmental Services amp clean technology Motor Trading amp Distribution and Telecommunications and information technology related services amp products Founded1984 39 years ago 1984 FounderVincent Tan Founder and Executive Chairman HeadquartersKuala Lumpur MalaysiaArea servedSoutheast AsiaKey peopleSyed Ali Shahul Hameed Co CEO Vivienne Cheng Co CEO 1 RevenueMYR 9 793 Billion 2019 Total assetsMYR 19 821 Billion 2019 Total equityMYR 9 733 Billion 2019 Number of employees16 000Websitewww wbr berjaya wbr com Contents 1 History 2 Corporate social responsibility 3 See also 4 References 5 External linksHistory EditBerjaya was previously known as Berjaya Kawat Berhad founded by Broken Hill Proprietary Ltd Australia and National Iron amp Steel Mills Singapore In 1984 Vincent Tan took a stake in Berjaya Industrial Berhad In 1985 Tan bought 51 of Sports Toto from the Malaysian government He then injected Sports Toto into Berjaya swapping his shares in Sports Toto for a controlling stake in Berjaya 3 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 Tan swapped his shares in Berjaya for control of Raleigh Bhd originally a bicycle manufacturer incorporated in 1967 and gained official listing on Bursa Malaysia in 1969 which was then renamed Inter Pacific and turned into Berjaya s holding company 4 It later became known as Reka Pacific Berhad Under his leadership Berjaya s pretax profit rose from RM 700 000 in 1984 to RM 70 million in 1989 3 and RM 342 million in 1998 5 and exceeding RM 1 billion in some years in the next two decades 6 7 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 8 9 Below are the listed subsidiaries under Berjaya Corporation Berhad Berjaya Land Berhad Berjaya Sports Toto Berhad Berjaya Food Berhad including Pappa Richi brand REDtone Digital Berhad formerly known as 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 KortrijkCorporate social responsibility EditThe Better Malaysia Foundation BMF is a subsidiary of the corporate social responsibility program developed by the Berjaya Chairman of Berjaya Bhd Vincent Tan is also chairman of BMF 10 In 2013 in partnership with SOLS 24 7 BMF launched Project 100 aimed at establishing 100 community centres where Malaysians would be able to have access to free education 11 In 2016 the foundation donated RM1 million to over 39 charities including a RM 50 000 donation to the Generasiku Sayang Negri Selangor organisation and the Malaysian Sikh Union which received RM35 000 12 Tan also donated RM 25 6 million to the BMF via the Berjaya CSR program earmarked for education and skills training as well as community based projects 13 In 2017 the BMF donated RM500 000 to victims of the Penang flood 14 Each year the foundation presents the Better Malaysia Foundation Personality of the Year Award Past winners include Madenjit Singh founder of Science of Life Studies 24 7 in 2012 15 Jane Goodall in 2014 16 17 and Dharma Master Cheng Yen for humanitarian work in Malaysia through the Tzu Chi Foundation 18 See also EditVincent TanReferences Edit 1 BCorp appoints Vivienne Cheng Syed Ali as joint group CEOs Retrieved 22 March 2022 Bursa Malaysia Berjaya Corporation Berhad Bursa Malaysia Retrieved 3 November 2014 a b Marchand Christopher 31 August 1989 The burger kingdom Far Eastern Economic Review p 63 Marchand Christopher 31 August 1989 Against the grain Far Eastern Economic Review pp 62 63 1998 Annual Report PDF Berjaya 2008 Annual Report PDF Berjaya Annual Report 2015 PDF Berjaya Bursa Malaysia Announcement Bursa Malaysia Archived from the original on 3 November 2014 Retrieved 3 November 2014 TheStar Berjaya group close to completing revamp The Star Malaysia 27 June 2005 Retrieved 3 November 2014 Berjaya Corporation Berhad Tan Sri Vincent Tan s Other Businesses NGO calls for passionate individuals who want to help the poor learn English Nation The Star Online www thestar com my Retrieved 22 October 2018 BMF donates RM1m to 39 charitable organisations www thesundaily my Retrieved 22 October 2018 Vincent Tan donates RM25 6mil via his charity foundation s CSR programme Community The Star Online www thestar com my Retrieved 22 October 2018 Vincent Tan donates RM500 000 to help out Penang flood victims Nation The Star Online www thestar com my Retrieved 22 October 2018 Berjaya Corporation Berhad Archived from the original on 19 September 2017 Retrieved 22 October 2018 The Jane Goodall Institute PDF Goodall Stand firm in your beliefs www thesundaily my Retrieved 22 October 2018 Tzu Chi s Founder Awarded Tzu Chi USA www tzuchi us Archived from the original on 22 October 2018 Retrieved 22 October 2018 External links EditOfficial website Retrieved from https en wikipedia org w index php title Berjaya Corporation amp oldid 1127868230, wikipedia, wiki, book, books, library,
