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Promotional leaflets.
Mission
& Vision
To generate consistently
profitable returns for
our shareholders from
investment in core
business activities:
By providing
direction,
financial resources and
management support for
each operating units;
Through establishing
a
major market presence
for each activity;
Through dynamic
and innovative management, teamwork and a
commitment to excellence. |

Berjaya Sports Toto Berhad ("BToto")
was incorporated in 1969 as Unilite Electrical
Industries Berhad. The Company changed its name to Far East Asset
Berhad in 1987. On 31 October 1992, the Company completed its acquisition
of the entire issued and paid-up share capital of 112,522,500 ordinary
shares of 50 sen each in Sports Toto Malaysia Sdn Bhd ("Sports
Toto") for a purchase consideration of RM600 million through an issue of RM390.97 million 9% nominal amount of RM1.00 Redeemable Convertible Unsecured Loan Stocks 1992/97 in the Company and the balance in cash of RM209.03 million. On 17 May 1993, the Company was renamed Berjaya Sports
Toto Berhad.
The principal
activities of the Group are:
- operations of Toto betting under Section 5 of the Pool Betting Act, 1967;
- leasing of on-line lottery equipment; and
- manufacture and distribution of computerised lottery systems.
The history
of Sports Toto began in 1969 when it was incorporated to run the
Toto betting business. It was essentially the Government's effort
to raise funds to promote and develop sports, youth and cultural
activities.
Sports Toto was privatised in 1985 when its Chief Executive Officer, Tan Sri Dato' Seri Vincent Tan Chee Yioun, through his private company acquired 70% of the paid-up capital.
Today,
Sports Toto offers 6 games which are drawn 3 days in a week. Sports Toto is the sole national lotto operator in Malaysia.
On the
international scene, the Group is supplying and maintaining a computerised
on-line lottery system in Luzon Region in the Philippines.
BToto was awarded as one of the 10 Best Managed Companies by Asiamoney for two consecutive years, 1997 and 1998.
In 2004, BToto was awarded the Superbrands status by Superbrands Malaysia.
Btoto
was also awarded as the winner for "Smart Investor - KPMG
Shareholder Value Award for Communications, Entertainment and
Technology 2001" by Smart Investor-KPMG. |