Sunday, September 6, 2009

Berjaya Corporation Berhad


6 September 2009

The history of Berjaya Corporation dates back to 1984 when the Chairman/Chief Executive Officer, Tan Sri Dato’ Seri Vincent Tan Chee Yioun acquired a major controlling stake in the share capital of Berjaya Kawat Berhad from the founders, Broken Hill Proprietary Ltd, 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.

Today, Berjaya Corporation is a major Malaysian conglomerate with an annual revenue of RM3.5 billion. Through a series of acquisitions, organic growth and the entrepreneurial leadership of Tan Sri Dato' Seri Vincent Tan, Berjaya Corporation today has a total employee strength of over 16,000, and is engaged in the following core activities:
Financial Services
Consumer Marketing, Direct Selling & Retailing
Vacation Time-Share, Travel, Hotels & Resorts Development & Management
Recreation Development and Management
Property Investment & Development
Gaming & Lottery Management
Food & Beverages
Industrial
Education
Investment Holding & Others

Main companies under Berjaya Corporation listed on Bursa Malaysia Securities Berhad are:
Berjaya Land Berhad
Berjaya Sports Toto Berhad
Berjaya Media Berhad (fka Nexnews Berhad)
Matrix International 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 October 2005 and the listing of the new shares on 3 January 2006.





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