Founded 1984 Founder Vincent Tan | Area served South-East Asia Headquarters Kuala Lumpur, Malaysia | |
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Type Public limited company or Berhad Traded as BJCorp (3395) Bursa Main Board Industry Conglomerate (Consumer Marketing, Property Development & Investment, Resorts, Gaming & Lottery Management, Food and Beverage, Motor, & Education) Key people Vincent Tan (Founder)
Robin Tan (Chairman) CEO Dato' Robin Tan Yeong Ching (1 Jan 2011–) Stock price BJCORP (KLSE) MYR 0.38 0.00 (-1.30%)3 Mar, 5:00 PM GMT+8 - Disclaimer Subsidiaries Berjaya Air, Berjaya Land Bhd, Berjaya Hills Resort | ||
The Berjaya Group or also known as Berjaya Corporation Berhad MYX: 3395 (formerly known as the Inter-Pacific Industrial Group Berhad and Raleigh Berhad) is a Malaysia-based corporation which controls a wide array of businesses, including resorts, gambling, f&b and property.
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History
In the year 1984, the company's sole founder, Vincent Tan Chee Yioun, 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 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 reconstruction exercise in 2005 and the listing of new shares the year after.
On 26 May 2010, the Berjaya Group Berhad was added to the Morgan Stanley Capital International (MSCI) Malaysia Index.
On 23 February 2012, the company's chairman, Vincent Tan, decided to step down from his position, passing it to his son, Robin Tan.
Subsidiaries
Some of the subsidiaries include: