Berjaya Corporation Bhd

Press Release

Berjaya Corporation Berhad Founder and Advisor Spreads Joy and Generosity to Pulau Ketam

In the joyous spirit of the Lunar New Year, Berjaya Corporation Berhad (“BCorp”) Founder and Advisor Tan Sri Dato’ Seri Vincent Tan Chee Yioun, along with KOSSAN Rubber Industries Berhad Group Managing Director Tan Sri Dato’ Lim Kuang Sia, made a heartwarming visit to the picturesque island of Pulau Ketam.
PRESS RELEASE
Berjaya Corporation Berhad Founder and Advisor Spreads Joy and Generosity to Pulau Ketam
Date: 17 January 2025
Venue: Pulau Ketam, Selangor
Pulau Ketam, Selangor, 17 January 2025 – In the joyous spirit of the Lunar New Year, Berjaya Corporation Berhad (“BCorp”) Founder and Advisor Tan Sri Dato’ Seri Vincent Tan Chee Yioun, along with KOSSAN Rubber Industries Berhad Group Managing Director Tan Sri Dato’ Lim Kuang Sia, made a heartwarming visit to the picturesque island of Pulau Ketam.

Tan Sri Dato’ Seri Vincent Tan and Tan Sri Dato’ Lim were greeted by Mr. Wang Mu Duan and Mr. Wang Mu Cai, Chairman and Vice Chairman of SJK(C) Hwa Lien Pulau Ketam, Klang respectively with lively dances and performances that filled the air.

The visit, aimed at spreading warmth and improving the quality of life for those in need, included a series of delightful activities such as lion dances and popular Chinese New Year songs. Talented local students who emerged as winners of a calligraphy competition were also presented with prizes in a ceremony filled with smiles and applause.

Tan Sri Dato’ Seri Vincent Tan generously donated RM 250,000 to support three local schools and five temples in Pulau Ketam. This contribution will significantly improve the quality of life for the island’s residents.

Sharing his thoughts on this visit, Tan Sri Dato’ Seri Vincent Tan said: “It is a great pleasure to be here for the first time at Pulau Ketam. I am pleased to make this donation with the hope that it will contribute to the continued growth of local schools, support community associations, and enhance the well-being of our elderly residents. Education is a vital foundation for a prosperous future, and together, we can help create a stronger and more connected community for all.”

The festivities concluded with the traditional Prosperity Toss, a joyous moment where everyone gathered to toss the symbolic “yee sang” together, wishing for health, wealth, and prosperity in the New Year.

Also present to this meaningful visit together were Puan Sri Esther Tan, wife of Tan Sri Dato’ Seri Vincent Tan; Puan Sri Datin Chow Cheng Moey, wife of Tan Sri Dato’ Lim; Datuk Wira Vincent Lye Ek Seang, Non-Independent Non-Executive Director of Berjaya Assets Berhad; Mr. Yong Kian Guan, Headmaster of SJK(C) Hwa Lien, distinguished guests, parents, and the local community. Their participation added an extra touch of warmth and love to this festive occasion.
About Berjaya Corporation Berhad (“BCorp”)
Berjaya Corporation Berhad is a publicly listed company on the Main Market of Bursa Malaysia Securities Berhad. It is a diversified consumer group with four core business segments: Retail (Food & Non-Food), Hospitality, Property, and Services. BCorp’s interests span various industries, including consumer marketing, financial services, hotels and resorts, recreation, gaming, environmental services, motor trading and distribution, telecommunications, IT, and investment holding. For more information, please visit www.berjaya.com.
For media inquiries, please contact Corporate Communications at corpcom@berjaya.com.my.

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Berjaya Corporation Berhad Founder and Advisor Supports Initiative to Feed the Needy

In Malaysia, many individuals and families in underserved areas struggle to meet their basic nutritional needs, often relying on charitable initiatives to survive.
PRESS RELEASE
Berjaya Corporation Berhad Founder and Advisor Supports Initiative to Feed the Needy
Date: 10 January 2025
Venue: Kuala Lumpur
Kuala Lumpur, 10 January 2025 – In Malaysia, many individuals and families in underserved areas struggle to meet their basic nutritional needs, often relying on charitable initiatives to survive.

Berjaya Corporation Berhad (“BCorp”) Founder and Advisor Tan Sri Dato’ Seri Vincent Tan Chee Yioun has come together with Kriyalakshmi Mandir Sai Seva Gurukul Charitable Society (“KMSSG”) to launch an initiative aimed at providing food to underserved communities, both in homes and on the streets. The initiative, under the Brahmarpanam Soup Kitchen, seeks to alleviate hunger and improve the well-being of those in need.

Through his company, Veggie Nature Sdn Bhd, a division of Berjaya Hills Resort Berhad, Tan Sri Dato’ Seri Vincent Tan is championing the initiative by supplying fresh, homegrown vegetables from Berjaya Hills. This collaboration shares BCorp’s commitment to supporting meaningful causes and helping those who are less fortunate.

“I am proud that BCorp can play a role in addressing hunger and supporting those in need,” said Tan Sri Dato’ Seri Vincent Tan. “Together with Brahmarpanam Soup Kitchen, we are working to create a stronger and more compassionate community.”

Also present at the event were GuruMatha Annai Shree Kriyalakshmi Deviyar, Founder of KMSSG, Mr. Arwind Kumar, Vice President of KMSSG, and Mr. Peter Lim Tze Cheng, Secretary of KMSSG.
About Berjaya Corporation Berhad (“BCorp”)
Berjaya Corporation Berhad is a company listed on the Main Market of Bursa Malaysia Securities Berhad and is a diversified consumer group with four core business segments – Retail (Food & Non Food), Hospitality, Property and Services. BCorp’s interests under these business segments include amongst others, consumer marketing, financial services, hotels and resorts, recreation, gaming, environmental services, motor trading and distribution, telecommunications, IT and investment holding.
For more information, please visit www.berjaya.com.
About Kriyalakshmi Mandir Sai Seva Gurukul Charitable Society
Established on 10 January 2011, Kriyalakshmi Mandir Shree Sai Gurukul (“KMSSG”) is born out of the vision of its Founder, GuruMatha, of a universal school that instils its students with spiritual awakening and love for service towards mankind.

KMSSG aims to serve the community through various service-based activities. These include providing college sponsorship, cultural and civic classes, and organising social outreach programmes for rural area, hospital, and home visits to ensure better community welfare.
For media inquiries, please contact Corporate Communications at corpcom@berjaya.com.my.

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BERJAYA AND ST ENGINEERING SIGN MOU TO ADVANCE INTEGRATED ELECTRONIC SYSTEMS FOR RAIL PROJECTS IN MALAYSIA

Berjaya Rail Sdn Bhd (“Berjaya Rail”), an integrated rail solutions company, signed a Memorandum of Understanding (“MoU”) with SEEL Electronic & Engineering Sdn Bhd, a subsidiary of ST Engineering, to collaborate on turnkey rail projects in Malaysia.
PRESS RELEASE
BERJAYA AND ST ENGINEERING SIGN MOU TO ADVANCE INTEGRATED ELECTRONIC SYSTEMS FOR RAIL PROJECTS IN MALAYSIA
Date: 7 January 2025
Venue: Kuala Lumpur
7 January 2025 – Berjaya Rail Sdn Bhd (“Berjaya Rail”), an integrated rail solutions company, signed a Memorandum of Understanding (“MoU”) with SEEL Electronic & Engineering Sdn Bhd, a subsidiary of ST Engineering, to collaborate on turnkey rail projects in Malaysia.
Berjaya Rail is a subsidiary of Berjaya Land Berhad (“Berjaya Land”), a company listed on the Main Board of Bursa Malaysia Securities with local and international business presence, has expanded its core business to include rail transport. Berjaya Rail is focused on delivering integrated rail solutions and harnessing synergistic partnerships to deliver sustainable rail ecosystems.

Under the MoU, both companies will combine their technical capabilities and innovative solutions to explore opportunities in the Malaysian rail sector. The collaboration will focus on deploying cutting-edge integrated electronic systems that streamline operations, improve safety, and ensure seamless connectivity across rail networks.
Mr. Syed Ali Shahul Hameed, Group CEO of Berjaya Land and Board Member of Berjaya Rail, shared, “This strategic partnership with ST Engineering aims to harness our combined expertise to deliver world-class rail systems that optimise operational efficiency and elevate the passenger experience. By integrating innovative and sustainable solutions, we are committed to driving economic value and ensuring cost effective advancements in the rail industry.”

“This MoU highlights our shared interest in advancing Malaysia’s rail sector with best in-class technologies that enhance connectivity and experience for passengers and operational efficiency for operators. We look forward to collaborating with Berjaya Rail on future rail opportunities in the country,” said Mr Bernard Chow, Head, Mobility Rail and Road, Urban Solutions, ST Engineering.

The MoU was signed by Mr Farizul Baharom, Chief Executive Officer of Berjaya Rail and Mr Bernard Chow, Head, Mobility Rail and Road, Urban Solutions, ST Engineering.
For more information, please contact :
Mohamed Syairoz bin Mohd Odman
Communications & Sustainability Department
BERJAYA LAND BERHAD
Office : 03-21491257
Mobile: 018-6665999
Email : syairoz@berjaya.com.my
About Berjaya Rail Sdn Bhd
Berjaya Rail Sdn Bhd, is a subsidiary of Berjaya Land Berhad, focusing on five strategic areas namely advancing HSR Development, delivering Integrated Rail Solutions, driving TOD (Transit Oriented Development) /TAD (Transit Adjacent Development), elevating User Experience, and harnessing Synergistic Partnerships.
About Berjaya Land Berhad
Berjaya Land Berhad, a subsidiary of Berjaya Corporation, was incorporated in 1990 and is listed on the Main Board of Bursa Malaysia Securities has expanded its core business in Property Development & Investment, Hospitality, and Motor Retailing (H.R. Owen UK). Berjaya Land has a robust business presence across the globe, supported by a diverse portfolio spanning multiple industries and regions. For more information,
please visit www.berjaya.com/berjaya-land.
About ST Engineering
ST Engineering is a global technology, defence and engineering group with a diverse portfolio of businesses across the aerospace, smart city, defence and public security segments. The Group harnesses technology and innovation to solve real-world problems, enabling a more secure and sustainable world. Headquartered in Singapore, it has operations spanning Asia, Europe, the Middle East and the U.S., serving customers in more than 100 countries. ST Engineering reported revenue of over S$10b in FY2023 and ranks among the largest companies listed on the Singapore Exchange. It is a component stock of MSCI Singapore, FTSE Straits Times Index and Dow Jones Sustainability Asia Pacific Index.

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BERJAYA LAND BERHAD SIGNS HOTEL MANAGEMENT AGREEMENT WITH IHG HOTELS & RESORTS

Berjaya Land Berhad (“BLand”) today announced the signing of a hotel management agreement, through its subsidiary BHR Okinawa Management GK, with IHG ANA Hotels Group Japan (“IHG”) to bring the renowned ANA Crowne Plaza brand to Okinawa, Japan.
PRESS RELEASE
BERJAYA LAND BERHAD SIGNS HOTEL MANAGEMENT AGREEMENT WITH IHG HOTELS & RESORTS
Date: 16 December 2024
Venue: ANA Crowne Plaza, Okinawa, Berjaya Land
The collaboration will bring ANA Crowne Plaza brand to Okinawa in 2025.

KUALA LUMPUR, 16 DECEMBER 2024 – Berjaya Land Berhad (“BLand”) today announced the signing of a hotel management agreement, through its subsidiary BHR Okinawa Management GK, with IHG ANA Hotels Group Japan (“IHG”) to bring the renowned ANA Crowne Plaza brand to Okinawa, Japan. This collaboration is a significant milestone in Bland’s expansion efforts in Japan, further adding value and delivering world-class hospitality experience in the region.
The 123-room ANA Crowne Plaza Resort Okinawa Uruma Hills will officially join the IHG system in early 2025. The property will undergo a renovation to incorporate the hallmarks of the Crowne Plaza brand. This rebrand from ANSA Okinawa Resort marks the next chapter in the long-term partnership between Berjaya and IHG, following their successful collaboration in Vietnam. This is also the first joint project between the two companies in Japan.

“We are thrilled to deepen our collaboration with the globally renowned IHG brand through this partnership in Japan. The rebranding of ANSA Okinawa Resort to ANA Crowne Plaza Resort Okinawa Uruma Hills marks an exciting milestone, aligning with IHG’s exceptional standards and international network. This strategic move is poised to unlock new opportunities, elevate guest experiences, and deliver substantial benefits as the property integrates into the IHG system. With our extensive expansion plans in Japan, we are committed to strengthening our footprint across the country and further solidifying our successful partnership with IHG,” said Syed Ali Shahul Hameed, Group Chief Executive Officer of Berjaya Land Berhad.
Abhijay Sandilya, Chief Executive Officer of IHG ANA Hotels Group Japan, and Managing Director of IHG Hotels & Resorts Japan & Micronesia, said: “With plans to double our portfolio in Japan, this signing with Berjaya Land Berhad is another important milestone for IHG in realising our ambition. It’s wonderful to reignite our relationship with the Berjaya team through our first hotel agreement in Japan. As part of the portfolio of one of the world’s largest premium hotel brands and the largest international premium brand in Japan, ANA Crowne Plaza Resort Okinawa Uruma Hills will benefit from IHG’s powerful global presence, enabling it to attract new guests and deliver stronger returns.”

Located on the main island of Okinawa, ANA Crowne Plaza Resort Okinawa Uruma Hills will offer guests panoramic views of the East China Sea and Pacific Ocean, as well as easy access to a nearby golf course and cultural sites, including Zakimi Gusuku Castle and the Onna-son Community Centre. Just a 45-minute drive from Okinawa’s main hub, Naha Airport, the resort will feature a range of facilities, including an outdoor swimming pool, gym, karaoke room, restaurant, bar, meeting space, ballroom and parking.
Media contact:
Mohamed Syairoz bin Mohd Odman
Communications and Sustainability Department
Berjaya Land Berhad
Tel: 018-6665999 / 03-21491257
Email: syairoz@berjaya.com.my.
ABOUT BERJAYA LAND BERHAD
Berjaya Land Berhad, a subsidiary of Berjaya Corporation, was incorporated in 1990 and is listed on the Main Board of Bursa Malaysia Securities has expanded its core business in Property Development & Investment, Hospitality, and Motor Retailing (H.R. Owen UK). Berjaya Land has a robust business presence across the globe, supported by a diverse portfolio spanning multiple industries and regions. For more information,
please visit www.berjaya.com/berjaya-land.

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BERJAYA UNIVERSITY COLLEGE TRIUMPHS IN ASEAN 2025 UNIVERSITY RANKINGS

BERJAYA University College (“BUC”) has made an outstanding mark in the ASEAN 2025 Public & Private University Rankings by AppliedHE, a prestigious Singapore-based organisation that focuses on higher education benchmarking.
PRESS RELEASE
BERJAYA UNIVERSITY COLLEGE TRIUMPHS IN ASEAN 2025 UNIVERSITY RANKINGS
Date: 2 December 2024
Venue: Kuala Lumpur
BERJAYA University College (“BUC”) has made an outstanding mark in the ASEAN 2025 Public & Private University Rankings by AppliedHE, a prestigious Singapore-based organisation that focuses on higher education benchmarking.

The institution has achieved the top position in the highly competitive Teaching and Learning sub-category, showcasing its exceptional commitment to academic excellence. This recognition highlights BUC’s innovative and immersion teaching methodology that significantly contributes to student success and learning outcomes.

Puan Norlela Baharudin, Chairperson of the Board of Governors of BUC, shared: “The Berjaya Immersion Methodology for Teaching and Learning, along with industry collaboration supported by Berjaya diverse group of companies have proven that this synergy is our key to success. Our strong brand backed by the Berjaya name and dedicated faculty members make BERJAYA University College stand out in the education field.”

The comprehensive evaluation process, conducted between second quarter and third quarter of 2024, assessed universities across multiple dimensions such as Teaching and Learning, Employability, Research, Community Engagement, Internationalisation, and Institutional Reputation. It involved detailed submissions and surveys from students and stakeholders, underscoring the trust and confidence placed in the university college’s academic offerings.

“By receiving this recognition in the top ranking of Teaching and Learning sub-category, it resonates with our focus on Outcome Based Education approach to our students, which acts as the mantra of all education,” Puan Norlela added.

In addition to this remarkable achievement, BUC has secured an impressive No. 39 ranking in the Private University category, placing it firmly among the top 100 private universities in ASEAN on its very first appearance in the rankings.

This exceptional recognition is a testament to the vision and dedication of the entire BUC community. The institution remains committed to upholding its high standards as it continues its journey of excellence in higher education.
About BERJAYA University College
BERJAYA University College is Malaysia’s premier private University College which officially opened its doors to its inaugural intake of students in January 2009. Located on Level 11, West of Berjaya Times Square, Kuala Lumpur Malaysia, the University College offers programmes related to Business, Culinary Arts, Communication & Media Arts, Hospitality, Tourism, Events and Services Industries with emphasis on experiential learning from foundation to postgraduate levels. Programmes are offered under four (4) Faculties, the Faculty of Business, the Faculty of Culinary Arts, the Faculty of Hospitality & Tourism, and the Faculty of Liberal Arts. For more information on BERJAYA UC, please visit www.berjaya.edu.my.
For media inquiries, please contact Encik Muhamad Hazrin from BUC at hazrin@berjaya.edu.my.

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BERJAYA CORPORATION BERHAD REPORTS RM2.23 BILLION REVENUE FOR Q1FY2025 ENDED 30 SEPTEMBER 2024

registered a revenue of RM2.23 billion in the current quarter ended 30 September 2024 compared to a revenue of RM2.57 billion in the corresponding quarter of the previous financial year. The Group also incurred a pre-tax loss of RM101.58 million in the current quarter under review as compared to a pre-tax profit of RM97.30 million in the previous year corresponding quarter.
PRESS RELEASE
BERJAYA CORPORATION BERHAD REPORTS RM2.23 BILLION REVENUE FOR Q1FY2025 ENDED 30 SEPTEMBER 2024
Date: 28 November 2024
Venue: Kuala Lumpur
For the 1st Quarter ended 30 September 2024

Berjaya Corporation Berhad (“BCorp” or “The Group”) registered a revenue of RM2.23 billion in the current quarter ended 30 September 2024 compared to a revenue of RM2.57 billion in the corresponding quarter of the previous financial year. The Group also incurred a pre-tax loss of RM101.58 million in the current quarter under review as compared to a pre-tax profit of RM97.30 million in the previous year corresponding quarter.
The performance of the Group’s results in the current quarter under review was attributed by the following business segments:
  • Retail (Non-Food) segment recorded a lower revenue, mainly contributed by H.R. Owen Plc (“H.R. Owen”). The company reported a lower revenue in its reporting currency, the Sterling Pound and this decline was further increased when converted to Ringgit Malaysia due to unfavourable foreign exchange effects. The drop in revenue was mainly attributed to lower sales volume from the new car sector, which was impacted by the product life cycle of car models being phased out. Additionally, manufacturers’ shift towards electrification and hybrid car reengineering, coupled with challenging economic conditions and uncertain sentiments in the United Kingdom (“UK”) following the UK General Election held in July 2024 further softened sales in the current quarter under review. A pre-tax loss reported, primarily due to H.R. Owen’s reduced revenue and margin compression. This was a result of intense price competition caused by an oversupply of cars from certain manufacturers. Consequently, H.R. Owen incurred a pre-tax loss, compared to a pre-tax profit recorded in the same quarter last year, reflecting the combined impact of reduced revenue and margin compression.
  • Retail (Food) segment also reported a lower revenue and a pre-tax loss, mainly due to the prolonged impact from the ongoing sentiment in relation to the Middle East conflict.
  • Property segment reported a lower revenue and a pre-tax loss in the current quarter, mainly due to the completion of The Tropika Bukit Jalil project in the preceding quarter and lower sales of the residence units of an overseas project.
  • Hospitality segment posted a higher revenue driven by higher overall occupancy rates during the current quarter as compared to the previous year corresponding quarter. The lower pre-tax profit reported was mainly due to the higher operating expenses incurred in the current quarter under review. Page 1 of 2 • Services segment reported a lower revenue in the current quarter, mainly due to the gaming business operated by STM Lottery Sdn Bhd having two fewer draws (40 draws compared to 42 draws in the corresponding quarter of the previous year) and lower average sales per draw, following smaller accumulated jackpot prizes in the current quarter. However, this was mitigated by higher revenue reported by the managed telecommunications network services (“MTNS”) and Cloud & Internet-of-Things (“IoT”) businesses. Additionally, a higher pre-tax profit was reported, mainly due to the higher gross profit from the MTNS business, as well as the deconsolidation effect of Singapore Institute of Advanced Medicine Holdings Ltd. These factors offset the lower pre-tax profit reported by STM Lottery.
On the consolidation basis, the Group incurred a pre-tax loss for the current quarter under review after taking into account of fair value losses from other investments and impairment on investment in associated companies, as well as higher foreign exchange losses incurred in the current quarter.
Dividend
The Board did not recommend any dividend for the financial period ended 30 September 2024.
Future Prospects
Malaysia’s economic growth is expected to be driven by strong domestic demand and the moderation of average inflation rate despite the uncertainties arising from geo-political tensions. The Group will monitor the prevailing global and local political development in the countries where the Group has business operations.

The performance of the domestic business segments of the Group is expected to improve on the back of strong consumer spending and improvement in tourism activities. As for the gaming business, the closure of legal Number Forecast Operator outlets in Kedah and Perlis will result in the proliferation of illegal operators in these underserved areas.

Taking into account of the aforesaid and barring any unforeseen circumstances, the Directors are cautiously optimistic that the performance of the business operations of the Group for the remaining quarters of the financial year ending 30 June 2025 to be satisfactory.
For media enquiries, please contact Group Corporate Communications at corpcom@berjaya.com.my.

BERJAYA CORPORATION BERHAD REPORTS RM2.23 BILLION REVENUE FOR Q1FY2025 ENDED 30 SEPTEMBER 2024 Read More »

Oaka Residences: Discover The Timeless Appeal Of Modern Living

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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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

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 »

BETTER MALAYSIA FOUNDATION AND YAYASAN MY FIRST HOME SPREAD JOY TO 100 VISUALLY IMPAIRED BENEFICIARIES THIS DEEPAVALI

In the spirit of Deepavali, Better Malaysia Foundation (“BMF”) and Yayasan My First Home (“YMFH”) partnered with the Malaysian Blind Sports Association (“MBSA”) to bring joy to 100 visually impaired beneficiaries, fostering love and unity within the community.
PRESS RELEASE
BETTER MALAYSIA FOUNDATION AND YAYASAN MY FIRST HOME SPREAD JOY TO 100 VISUALLY IMPAIRED BENEFICIARIES THIS DEEPAVALI
Date: 14 October 2024
Venue: Kuala Lumpur
KUALA LUMPUR, 14 OCTOBER 2024 – In the spirit of Deepavali, Better Malaysia Foundation (“BMF”) and Yayasan My First Home (“YMFH”) partnered with the Malaysian Blind Sports Association (“MBSA”) to bring joy to 100 visually impaired beneficiaries, fostering love and unity within the community.

The event was held at the Malaysian Association for the Blind (“MAB”) in Brickfields, featuring visually impaired singers who warmly welcomed guests and volunteers with captivating performances. Amidst the cheers and joy, a deeper connection and understanding blossomed among all attendees.

Tan Sri Dato’ Seri Vincent Tan Chee Yioun, Chairman of BMF as well as the Founder and Advisor of YMFH, said: “The spirit of Deepavali reminds us that unity and compassion can light up the lives of those in need. Together, we can create lasting change and bring joy to our community.

Celebrating this special day together, Datin Seri Sunita Rajakumar, Trustee of BMF, said: “On this festive occasion, we have the opportunity to extend our support to the underprivileged community through the provision of essential groceries. Embodying the spirit of kindness and compassion that Deepavali symbolises, let us come together to spread happiness and make a positive impact in their lives.”

This partnership not only spreads the legacy of care but also provides a significant opportunity for BMF and YMFH to engage with the community. It also showcases the dedication of Berjaya Corporation Berhad, STM Lottery Sdn Bhd, and the National Cancer Society Malaysia as the implementing partners contributing to this noble cause.

Also present at the event were Deputy President of MBSA Encik Rosham Sidek, Chief Executive Officer of MAB Dato’ George Thomas, council members of MAB, and among other distinguished guests. Their collective presence emphasised the importance of community support in creating a brighter future for the visually impaired.
About Better Malaysia Foundation

Established as a charitable foundation, Better Malaysia Foundation (“BMF”) supports the community’s welfare in educational programmes, medical and health causes, and humanitarian aid. Among its contributions, one of BMF’s bigger commitments focuses in education, with the aim to improve the standard of English in Malaysia. On top of providing f inancial aid for the treatment of chronic illnesses, BMF has also set up a free acupuncture centre and funded two haemodialysis centres providing subsidised haemodialysis treatments for the underprivileged community.
About Yayasan My First Home

Yayasan My First Home (“YMFH”) is a charitable foundation established as a public company limited by guarantee incorporated under the Companies Act 2016 on 23 December 2021. The Foundation serves as a singular touch point and facilitator to bring together all the various stakeholders, including developers, financiers, donors, NGOs, the relevant Federal and State agencies and other interested parties in a combined and holistic effort to meet our primary goal of promoting and facilitating the development of affordable housing and home ownership by the B40 group.
For media inquiries, please contact Encik Niza Haniz Mustaffa from BMF at niza.bmf@gmail.com.

BETTER MALAYSIA FOUNDATION AND YAYASAN MY FIRST HOME SPREAD JOY TO 100 VISUALLY IMPAIRED BENEFICIARIES THIS DEEPAVALI Read More »

BFOOD POSTS RM130.57 MILLION REVENUE FOR THE 4TH QUARTER ENDED 30 JUNE 2024

posted a lower revenue of RM130.57 million as compared to a revenue of RM271.75 million in the previous year’s corresponding quarter. The Group incurred a pre-tax loss of RM42.69 million in the current quarter under review as compared to pre-tax profit of RM29.04 million in the previous year’s corresponding quarter.
PRESS RELEASE
BFOOD POSTS RM130.57 MILLION REVENUE FOR THE 4TH QUARTER ENDED 30 JUNE 2024
Date: 27 August 2024
Venue: Kuala Lumpur
For the Fourth Quarter Ended 30 June 2024

Berjaya Food Berhad (“BFood”) posted a lower revenue of RM130.57 million as compared to a revenue of RM271.75 million in the previous year’s corresponding quarter. The Group incurred a pre-tax loss of RM42.69 million in the current quarter under review as compared to pre-tax profit of RM29.04 million in the previous year’s corresponding quarter.

The significantly lower revenue and pre-tax loss incurred in the current quarter under review were primarily attributed to the current sentiment in relation to the conflict in the Middle East. year.
For the Financial Year Ended 30 June 2024

The Group reported a revenue of RM730.30 million and pre-tax loss of RM87.34 million. These figures represent a decrease compared to the revenue and pre-tax profit of RM1.12 billion and RM148.73 million recorded in the same period of the previous year. The decline in revenue and pre-tax loss was primarily attributed to the abovementioned reason and one-off loss arising from the disposal of the Group’s entire equity interest in Jollibean Foods Pte Ltd.

Excluding the exceptional investment related expenses, the pre-tax loss would have been RM76.84 million as compared to a pre-tax profit of RM148.73 million in the previous financial year.
Dividend

The Board does not recommend any dividend for the current quarter under review.
Future Prospects

The Directors recognise the challenging market conditions and external pressures affecting the Group’s business performance. Despite these difficulties, we remain cautiously optimistic expecting a gradual improvement in operational performance over the next financial year. While recovery may be slow due to ongoing current uncertainties, the Directors believe that strategic adjustments and operational refinements will, in time, strengthen the Group’s position and lead to better financial results.
For media enquiries, please contact Group Corporate Communications at corpcom@berjaya.com.my.

BFOOD POSTS RM130.57 MILLION REVENUE FOR THE 4TH QUARTER ENDED 30 JUNE 2024 Read More »