Berjaya Corporation - Berjaya Corporation Berhad

Following the success of Tropika Bukit Jalil, Berjaya Hartanah Bhd proudly announces the launch of OAKA Residences, a luxury residential development that combines modern design, pet-friendly living, and family-oriented amenities in the heart of Bukit Jalil. Situated on 2.2 acres of prime freehold land, this exclusive luxury residence offers a low density of 350 units, each with its own dedicated lanai or balcony, blending indoor comfort with outdoor relaxation and stunning views.

PRESS RELEASE

Oaka Residences: Discover The Timeless Appeal Of Modern Living

Date: 22 November 2024

Venue: Bukit Jalil, Kuala Lumpur

Bukit Jalil, Malaysia — 22nd November 2024 – Following the success of Tropika Bukit Jalil, Berjaya Hartanah Bhd proudly announces the launch of OAKA Residences, a luxury residential development that combines modern design, pet-friendly living, and family-oriented amenities in the heart of Bukit Jalil. Situated on 2.2 acres of prime freehold land, this exclusive luxury residence offers a low density of 350 units, each with its own dedicated lanai or balcony, blending indoor comfort with outdoor relaxation and stunning views.

OAKA Residences presents a modern, serene living environment with unit sizes ranging from 882 square feet (two-bedroom) to 1,509 square feet (three-bedroom), comes with two to three dedicated residential car parks per unit for added convenience. With starting prices from RM 880 per square foot, this development offers exceptional value.

The development is thoughtfully designed with family-focused facilities that promote relaxation, wellness, and unity across all generations. Key features include an infinity pool, a rooftop sky garden with a sky pavilion ideal for social gatherings, a children’s playground that invites fun for all ages, and a half-court basketball court to enhance family bonding and physical activity. OAKA Residences offers the perfect setting for multigenerational families seeking a harmonious and healthy lifestyle.

OAKA Residences is ideally located with convenient access to a variety of shopping, dining, and recreational options, including Pavilion Bukit Jalil Mall, Tropika Commercial Retail, and the Bukit Jalil Golf and Country Resort. The development is also close to prestigious educational institutions like the International Medical University (IMU) and Asia Pacific University of Technology & Innovation (APU), making it a great choice for families. Additionally, Columbia Asia Hospital, located within a 1-kilometer radius, offers residents easy access to top-quality medical care, further enhancing the appeal of this prime location.

Mr. Syed Ali Hameed, Group CEO of Berjaya Land Bhd, shared, “OAKA Residences represents a significant milestone as our 15th iconic development in Bukit Jalil. As pioneers in transforming this vibrant locale, we remain committed to enhancing its growth and prestige. Building on the remarkable success of The Tropika. We are confident that OAKA Residences embodies Berjaya Land’s unwavering pursuit of excellence, innovation, and superior quality. We are optimistic that this distinguished development will captivate discerning buyers and stand as a hallmark of sophistication within a f lourishing community.”

“We are excited to introduce OAKA Residences as a vibrant, well-connected urban sanctuary in Bukit Jalil,” said Mr Tan Tee Ming, Executive Director of Berjaya Land Bhd. “Bukit Jalil is a thriving neighbourhood, and with OAKA Residences, residents can enjoy easy access to top-notch amenities, renowned educational institutions, and healthcare facilities. It’s all about enhancing convenience, making daily life smoother, and providing everything residents need right at their doorstep.”

The location ensures ultimate connectivity, with major highways like the Shah Alam Expressway (KESAS), Maju Expressway (MEX), and Kuala Lumpur-Seremban Expressway offering seamless travel throughout the Klang Valley. Public transit is also readily accessible with three LRT stations located within a 3-kilometer radius.

Oaka Residences is now open for viewing, inviting prospective homeowners to experience a unique blend of luxury, wellness, and pet-friendly living.

About Berjaya Land Berhad
Berjaya Land Berhad (“B-Land”), a subsidiary of Berjaya Corporation Berhad, is engaged in the core activities of Property Investment and Development; Hotels, Resorts, Recreation Development and Vacation Timeshare; Gaming and Lottery Management and Education. Berjaya’s Property Development Division has been responsible for some of Malaysia’s most visible and sought-after developments, ranging from high end to affordable residential and commercial developments, with notable addresses at Seputeh Heights, Subang Heights, Bukit Jalil, and many more. Berjaya has also made significant impact on property developments overseas, namely in Vietnam, Japan, China and Myanmar.

About Berjaya Hartanah Bhd.
Berjaya Hartanah Berhad, a subsidiary of Berjaya Corporation, focuses on real estate development, particularly in Kuala Lumpur. Its notable projects include The Tropika Bukit Jalil, a mixed-use development that combines residential units with commercial shops. The project is known for its luxurious amenities, including a spacious recreational deck and scenic views of a nearby golf course.

Other significant developments include Covillea and KM1 East and West, aimed at combining residential comfort with urban conveniences. The company is recognized for its strategic location choices and offering well-equipped properties designed for modern living.

For media inquiries:
– CJ Lim (chujin.lim@berjaya.com.my / 012-9690531)
– Michelle Lai (michelle.lai@berjaya.com.my / 016-2270439)

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Berjaya Land launches RM373m Oaka Residences in Bukit Jalil

News Coverage / Berjaya Corporation

NEWS COVERAGE

Berjaya Land launches RM373m Oaka Residences in Bukit Jalil

Date: 22 November 2024
Publication: Edge Prop, Malaysia

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Berjaya Land launches RM373m Oaka Residences in Bukit Jalil Read More »

Berjaya Land launches RM373m Oaka Residences in Bukit Jalil

News Coverage / Berjaya Corporation

NEWS COVERAGE

Berjaya Land launches RM373m Oaka Residences in Bukit Jalil

Date: 22 November 2024
Publication: The Edge, Malaysia

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Berjaya Land launches RM373m Oaka Residences in Bukit Jalil Read More »

SPORTS TOTO BERHAD REGISTERED RM1.44 BILLION REVENUE AND RM68.4 MILLION PRE-TAX PROFIT FOR Q1 FY2025, DECLARING 1ST INTERIM DIVIDEND OF 2.0 SEN PER SHARE

Press Release / Berjaya Corporation

reported RM1.44 billion revenue in the current quarter under review, registering a decrease of 9.5% over the revenue of RM1.59 billion in the previous year’s corresponding quarter. The Group registered a drop of 23.8% of pre-tax profit from RM89.8 million in the corresponding quarter of the previous year to RM68.4 million in the current quarter under review.

PRESS RELEASE

SPORTS TOTO BERHAD REGISTERED RM1.44 BILLION REVENUE AND RM68.4 MILLION PRE-TAX PROFIT FOR Q1 FY2025, DECLARING 1ST INTERIM DIVIDEND OF 2.0 SEN PER SHARE

Date: 20 November 2024

Venue: Kuala Lumpur

Review of Results for the 1st Quarter ended 30 September 2024

Sports Toto Berhad (“SPToto”) reported RM1.44 billion revenue in the current quarter under review, registering a decrease of 9.5% over the revenue of RM1.59 billion in the previous year’s corresponding quarter. The Group registered a drop of 23.8% of pre-tax profit from RM89.8 million in the corresponding quarter of the previous year to RM68.4 million in the current quarter under review.

For the current quarter ended 30 September 2024, STM Lottery Sdn Bhd (“STM Lottery”) reported a softer revenue of 9.5% lower due to two lesser draws conducted in the current quarter (40 draws versus 42 draws in last year’s corresponding quarter) and lower average sales per draw with lower accumulated jackpot prizes in the current quarter. Its pre-tax profit, which dropped by 7%, was attributed to the lower sales registered but this was partially mitigated by lower prize payout in the current quarter under review.

H.R. Owen Plc (“H.R. Owen”) reported a decrease of 6.3% in revenue as compared to the previous year’s corresponding quarter. With the unfavourable foreign exchange effect when converted to Ringgit Malaysia, being the reporting currency of the Group, its revenue reported a higher drop at 8.3%. The drop in revenue was attributed to the lower sales volume from the new car sector which was impacted by the product life cycle of car models leading to the phasing out of certain current models, and manufacturers gearing towards the electrification and hybrid cars reengineering. Additionally, challenging economic conditions and uncertain sentiments in the United Kingdom following the General Election held in July 2024 had also soften the sales in the current quarter under review. The above factors had led to margin compression following the intense price competition due to oversupply of cars from certain manufacturers. As a result, H.R. Owen registered a pre-tax loss of RM11.2 million as compared to pre-tax profit of RM0.4 million recorded in the previous year’s corresponding quarter, reflecting the combined impact of reduced revenue and margin compression.

Dividend Declaration

The Board has declared a first interim dividend of 2 sen per share, amounting to approximately RM27.0 million, for the financial year ending 30 June 2025. The dividend is payable on 17 January 2025 and the entitlement date is fixed on 31 December 2024.

Future Prospects

The management of SPToto is cautiously optimistic that the Group’s business will remain stable. The closure of legal Number Forecast Operator (“NFO”) outlets in the two Northern states i.e. Kedah and Perlis will result in the proliferation of illegal operators in these underserved areas. SPToto is hopeful that the legal due process will prevail, thus allowing STM Lottery to re-establish its presence in these states.

Despite the uncertainties and amidst headwinds in the global economy, the Directors are of the view that the Group’s business outlook will remain positive and stable for the remaining quarters of the financial year ending 30 June 2025.

For media enquiries, please contact Group Corporate Communications at corpcom@berjaya.com.my.

SPORTS TOTO BERHAD REGISTERED RM1.44 BILLION REVENUE AND RM68.4 MILLION PRE-TAX PROFIT FOR Q1 FY2025, DECLARING 1ST INTERIM DIVIDEND OF 2.0 SEN PER SHARE Read More »

Author name: Berjaya Corporation

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Oaka Residences: Discover The Timeless Appeal Of Modern Living

Berjaya Land launches RM373m Oaka Residences in Bukit Jalil

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Berjaya Land launches RM373m Oaka Residences in Bukit Jalil

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SPORTS TOTO BERHAD REGISTERED RM1.44 BILLION REVENUE AND RM68.4 MILLION PRE-TAX PROFIT FOR Q1 FY2025, DECLARING 1ST INTERIM DIVIDEND OF 2.0 SEN PER SHARE

Sports Toto reports drop in 1Q25 net profit

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