Berjaya Sports Toto Berhad ("BToto") was incorporated in 1969 as Unilite Electrical
Berhad. The Company changed its name to Far East Asset Berhad in 1987. On 31 October 1992,
Company completed its acquisition of the entire issued and paid-up share capital of
ordinary shares of 50 sen each in Sports Toto Malaysia Sdn Bhd ("Sports Toto") for a
consideration of RM600 million through an issue of RM390.97 million 9% nominal amount of
Redeemable Convertible Unsecured Loan Stocks 1992/97 in the Company and the balance in cash
RM209.03 million. On 17 May 1993, the Company was renamed Berjaya Sports Toto Berhad.
The principal activities of the Group are:
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.
Sports Toto offers 8 games which are drawn 3 days in a week.
Internationally, BToto operates in Philippines through its subsidiary Berjaya Philippines, Inc. ("BPI") which is listed on the Philippine Stock Exchange. Its associate company, Philippine Gaming Management Corporation ("PGMC") supplies and maintains a computerized on-line lottery system and software support to Philippine Charity Sweepstakes Office ("PCSO") in Luzon Island, Philippines. BPI through Perdana Hotel Philippines Inc. ("PHPI"), runs and manages Berjaya Makati Hotel in Makati City, Philippines.
In the United Kingdom, BPI's subsidiary, H.R. Owen Plc operates a number of luxury vehicle dealerships in the prestige and specialist car market for both sales and aftersales in United Kingdom.
In the USA, BToto's subsidiary, International Lottery & Totalizator Systems, Inc. ("ILTS") provides computerized wagering equipment and systems to the online lottery and pari-mutuel racing industries worldwide and its wholly-owned subsidiary, Unisyn Voting Solutions, Inc. manufactures and distributes voting systems and machines to voting jurisdictions in the USA.