Berjaya Corporation Berhad

Press Release

Berjaya Times Square Tower Run Returns For Its 2nd Edition In 2024

Berjaya Corporation Berhad is excited to announce the return of the Berjaya Times Square Tower Run 2024 (“BTS Tower Run 2024”), following the successful debut of last year’s event.
PRESS RELEASE
Berjaya Times Square Tower Run Returns For Its 2nd Edition In 2024
Date: 11 June 2024
Venue: Berjaya Times Square, Kuala Lumpur
KUALA LUMPUR, 11 June 2024 – Berjaya Corporation Berhad is excited to announce the return of the Berjaya Times Square Tower Run 2024 (“BTS Tower Run 2024”), following the successful debut of last year’s event. In partnership with Running Kaki Malaysia, this year’s tower run promises to be an exhilarating and challenging experience for fitness enthusiasts and novices alike nationwide.

Taking place at Berjaya Times Square Kuala Lumpur as the venue sponsor, the BTS Tower Run 2024 will be held on 4 August 2024. Participants will race up the 47-story skyscraper, conquering 1,061 steps to test their endurance, strength and determination. Beyond the thrill of the vertical marathon, this event supports a noble cause, with RM1.00 from every participation fee contributing towards Berjaya Cares Foundation (“BCF”) and its various charitable activities and initiatives.

With 500 participants from 15 countries recorded in the inaugural BTS Tower Run 2023, this year’s event retains four categories: Men’s Open, Women’s Open, Men’s Veteran, and Women’s Veteran With an additional special category open to all Berjaya employees, promoting a healthy work-life balance. It is worth mentioning that world number one tower runner Mr. Soh Wai Ching won the race last year in 5 minutes and 6 seconds.

Supporting partners such as Berjaya Starbucks Coffee Company Sdn Bhd, Berjaya Roasters Sdn Bhd, Cosway (M) Sdn Bhd, STM Lottery Sdn Bhd and others provide exciting goodies and deals in the race kits for participants. Furthermore, a lucky draw session at the event’s conclusion offers attractive prizes from the sponsors.
For instance, Berjaya Hotels & Resorts generously provides four hotel stay vouchers including stays at The Chateau Spa & Wellness Resort, Berjaya Penang Hotel, Berjaya Waterfront Hotel, Johor Bahru, and ACES Hotel, Kuala Lumpur, to the pool of lucky draw prizes.

“We are proud to host the BTS Tower Run 2024 for the second time, in collaboration with Running Kaki Malaysia. The tower run encapsulates our commitment to promoting a healthier lifestyle and fostering a spirit of community engagement. The overwhelming response from the 2023 inaugural tower run has inspired us to elevate this year’s proceeding, ensuring a more memorable and impactful experience. We look forward to seeing participants of various ages and abilities challenge themselves while supporting vital health and local community initiatives.” expressed Mr. Giam Say Khoon, Deputy General Manager, Corporate Communications & Sustainability, Berjaya Corporation Berhad.

Join us for the BTS Tower Run 2024 and take your fitness journey to the next level. Be it a personal challenge or simply a recreational experience, there is something for everyone. Lace up your running shoes, challenge yourself and make a difference! For more information and to register, please visit:
https://www.runningkakimalaysia.com/berjaya-times-square-tower run-2024/.

Berjaya Times Square Tower Run Returns For Its 2nd Edition In 2024 Read More »

Berjaya Mutual Rebrands to Forge a Future Built on Heritage and Innovation

Berjaya Mutual Sdn Bhd (formerly known as Inter-Pacific Asset Management Sdn Bhd) proudly announces its rebranding from Inter-Pacific Asset Management Sdn Bhd, positioning itself to transform Malaysia’s financial and investment landscape. This significant change aims to enhance the financial well-being of all Malaysians.
PRESS RELEASE
Berjaya Mutual Rebrands to Forge a Future Built on Heritage and Innovation
Date: 26 May 2024
Venue: Kuala Lumpur
Kuala Lumpur [27 May] – Berjaya Mutual Sdn Bhd (formerly known as Inter-Pacific Asset Management Sdn Bhd) proudly announces its rebranding from Inter-Pacific Asset Management Sdn Bhd, positioning itself to transform Malaysia’s financial and investment landscape. This significant change aims to enhance the financial well-being of all Malaysians.

Event Highlights

The launch ceremony was graced by the esteemed presence of YAM Tunku Tun Aminah binti Sultan Ibrahim Ismail, Chairperson for Berjaya Mutual Sdn Bhd (formerly known as Inter-Pacific Asset Management Sdn Bhd) and Berjaya Corporation Berhad, and Tan Sri Dato’ Seri Vincent Tan Chee Yioun, Founder and Advisor of Berjaya Corporation Berhad. The event was also attended by the Board of Directors of Berjaya Mutual and the Senior Management of Berjaya Corporation, marking a significant milestone in their journey towards transformative growth and innovation.

Trusted Investment Partner

Under the leadership of its CEO, Eugene Chew Boon Chye, Berjaya Mutual has implemented various strategic initiatives to position Berjaya Mutual as a competitive player but most importantly a trusted investment partner.

He is supported by Dato Dr. Nazri Khan (DDNK) as Chief Investment Officer and a newly formed team consisting of seasoned professionals, analysts, market strategists, researchers, economists, policy experts, sales and client servicing experts, and licensed fund managers, each bringing over 20 years of diverse experience in financial services and fund management

YAM Tunku Tun Aminah in her speech iterated that “Berjaya Mutual signifies our dedication to transparency and shared success with our clients. The new name represents our commitment to putting client needs at the forefront of everything we do.”
Vision and Commitment

YAM Tunku Tun Aminah emphasized, “This initiative by Berjaya Mutual is timely as it will benefit Malaysians from all walks of life. We want to become the leading asset management company in the country offering unique investment products tailored for the underserved and unserved Malaysians. This also includes being the destination choice for corporate and institutional clients that strives to achieve attractive returns. To achieve this, the team at Berjaya Mutual will be introducing various new products that will cater to each segment’s desire.”

Success Drivers

Eugene in his presentation also shared that “Berjaya Mutual represent a new change for the company whereby we have identified 3 success drivers to support our ambition to achieve RM5 billion in AUM within 3 years”. The 3 success drivers are,

1. Accessibility: Committed to making professionally managed investment opportunities accessible to all Malaysians, Berjaya Mutual has launched three new products in May with a targeted net return of 6% – 8% per annum for blended investments and 3% for pure money market instruments. Our goal is to grow AUM to RM5 billion by 2026.

2. Trusted Partner: With a strengthened team across sales, marketing, client servicing, product development, risk, and compliance, Berjaya Mutual is dedicated to transparency and shared success with clients.

3. Innovative Philosophy: Providing tailored investment strategies using alternative, non traditional approaches to yield competitive returns tailored to clients’ risk appetites.

Leveraging on Berjaya Mutual’s impressive fund returns

During the event, the CEO and CIO also presented that Berjaya Mutual leverages on its fund success and learnings to craft new products. It was shared that its investment philosophy involves applying fundamental and systematic trading strategies to identify market structures and trends. DDNK added that “these unique philosophy and strategy applied has allowed us to be better positioned in different market conditions while minimizing downside risks.
Fund Performance Independently Verified as of March 31, 2024
Private Mandate investing in US equities Cumulative Time-Weighted Rate of Return 18 months period from 30 September 2022 to 31 March 2024
Aggressive risk category 56%
Conservative risk category 60%
Super Aggressive risk category 70%
Ultra Conservative risk category 59%
Performance verified by Novagni Analytics and Advisory Sdn Bhd
Unit Trust Cumulative Time-Weighted Rate of Return 18 months period from 30 September 2022 to 31 March 2024
Interpac Dana Abadi 58%
Interpac Dana Ghani 110%
Performance verified by Lipper for Investment Management
*Note: Past performance is not indicative of future results. Investors should understand the product and its risks and seek professional advice before investing.
Strategic Growth and National Impact

Berjaya Mutual is also on the lookout for strategic partnerships aimed at enhancing its service offerings whilst recognizing the advents of technology. YAM Tunku Aminah stated in her speech that “We hope the rebranding for Berjaya Mutual enables us to attract strategic partnerships, enabling us to grow together and build meaningful value for Malaysians.”
About Berjaya Mutual

Berjaya Mutual Sdn Bhd (formerly known as Inter-Pacific Asset Management Sdn Bhd) is a leading asset management company in Malaysia, dedicated to providing innovative and client centric investment solutions. Leveraging the heritage of the Berjaya Group and our expertise in fund management, we aim to empower all Malaysians to achieve their financial goals.
For media inquiries, please contact:
Mohd Zaki bin Saat
Head of Customer Services
Tel: 03 – 2144 1335
zaki@berjayamutual.com
For media enquiries,
Mr. Mohamed Syairoz bin Mohd Odman
Asst. General Manager of Communications & Sustainability Unit,
Berjaya Land Berhad.
Phone: +60186665999
Email: syairoz@berjaya.com.my
Mr. Paul Lim
Asst. Manager, Property Sales & Marketing
Phone: +6018 233 3927
Email: paul.lim@berjaya.com.my

Berjaya Mutual Rebrands to Forge a Future Built on Heritage and Innovation Read More »

The Postnormal Times Madani Exhibition

The Centre for Postnormal Policy & Futures Studies (CPPFS) is grateful to Berjaya Times Square for sponsoring and hosting the Postnormal Times MADANI Exhibition. The exhibition was opened by the Prime Minister of Malaysia, YAB Dato’ Seri Anwar Ibrahim on Sunday, 26 May 2024 on Level Ten, Berjaya Times Square (1 Jalan Imbi, 55100, Kuala Lumpur). It will continue until 10 November 2024. This exhibition is free admission to all.
PRESS RELEASE
The Postnormal Times Madani Exhibition
Date: 26 May 2024
Venue: Kuala Lumpur, Malaysia
KUALA LUMPUR, Malaysia – The Centre for Postnormal Policy & Futures Studies (CPPFS) is grateful to Berjaya Times Square for sponsoring and hosting the Postnormal Times MADANI Exhibition. The exhibition was opened by the Prime Minister of Malaysia, YAB Dato’ Seri Anwar Ibrahim on Sunday, 26 May 2024 on Level Ten, Berjaya Times Square (1 Jalan Imbi, 55100, Kuala Lumpur). It will continue until 10 November 2024. This exhibition is free admission to all.

The Postnormal Times MADANI Exhibition is a collaborative effort between Prime Minister Dato’ Seri Anwar Ibrahim and the CPPFS. The audience will set off on an experiential and pedagogical journey exploring the ways our contemporary world is changing and what might lie ahead for us all. The aim of the exhibition is to spread awareness of the postnormal times we find ourselves in and demonstrate how Dato’ Seri Anwar Ibrahim combined his political experience and desire for reform with the insights of futures studies and postnormal times theory to develop the MADANI approach – a principled and ethical framework that will help us navigate the tempestuous waters ahead towards brighter futures for all of Malaysia.

Real world examples and creative presentations of potential future scenarios illustrate that as the world changes, our notion of change itself is also changing. To give new insight into the future of Malaysia, this exhibition features the works of six local Malaysian artists who have taken on and interpreted one of the six ethical drivers of MADANI Malaysia: Sustainability, Care and Compassion, Respect, Innovation, Prosperity, and Trust (forming the English acronym SCRIPT).

Prime Minister Anwar Ibrahim said, ‘to tackle the struggles of our times will take new ways of thinking.’ We hope the audience can gain a new understanding and appreciation of the world we live in, what futures might be possible for Malaysia, and how all Malaysians can strive to be a part of the change desired for far too long.

The Postnormal Times Madani Exhibition Read More »

Berjaya Corporation Berhad Hosts memorable Movie Outing For Orphans and Underpriviledged Children

Berjaya Corporation Berhad (“BCorp”), the diversified Malaysian conglomerate, today hosted a special movie outing for children from Pusat Penjagaan Kanak-Kanak Cacat Taman Megah in Berjaya Times Square.
PRESS RELEASE
Berjaya Corporation Berhad Hosts memorable Movie Outing For Orphans and Underpriviledged Children
Date: 10 March 2024
Venue: mmCineplexes Plus, Kuala Lumpur
Joint Group CEO Nerine Tan Shares Inspirational Message at Kung Fu Panda 4 Screening
KUALA LUMPUR, March 10th, 2024 – Berjaya Corporation Berhad (“BCorp”), the diversified Malaysian conglomerate, today hosted a special movie outing for children from Pusat Penjagaan Kanak-Kanak Cacat Taman Megah in Berjaya Times Square.

The event featured a screening of the highly anticipated Kung Fu Panda 4 at mmCineplexes Plus, the first ever Plus outlet in Malaysia that offers unparalleled comfort and state-of-the-art cinematic experiences designed to cater to diverse audiences.

In her address, Ms. Nerine Tan, Joint Group Chief Executive Officer of BCorp, warmly welcomed the orphans and children from challenging backgrounds from the centre, along with their caretakers and media guests. She underscored the significance of organising a memorable outing for the children before the start of the upcoming school semester, aiming to provide them with cherished stories to share with their friends.

“As the schooling semester is starting tomorrow, we would like to give the children a memorable outing that they can bring with them as a precious story to be shared with their friends in school,” said Ms. Nerine Tan.

The Kung Fu Panda franchise, with its enduring popularity and life lessons, was chosen as the perfect vehicle to spread positivity and encouragement. Ms. Nerine Tan shared quotes from the movie, emphasising the importance of self-acceptance and exploring one’s talents.

“It is OK to be you, and nobody is ordinary. It is just how you explore your talents,” Ms. Nerine Tan said, expressing her hope that the children would find inspiration and joy in the film.

The special needs children and guests then enjoyed the latest instalment of the beloved animated Kung Fu Panda series that has spanned over 16 years.

Ms. Nerine Tan extended her gratitude to Pusat Penjagaan Kanak-Kanak Cacat Taman Megah, the media, and the teams at BCorp who made the event possible. She expressed her wish for everyone to experience joy and fun through the movie screening.

Following the screening of Kung Fu Panda 4, the children were treated to a delicious lunch at Kenny Rogers Roasters in Berjaya Times Square.

The event exemplifies BCorp’s commitment to corporate social responsibility and its dedication to creating positive impact in the communities it serves.
About Berjaya Corporation Berhad

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. BCorporation’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 mmCineplexes Plus Berjaya Times Square

mmCineplexes is Malaysia’s third-largest cinema circuit, emphasising value and comfort. mmCineplexes Plus commenced operations at Berjaya Times Square in January 2024, offers a comprehensive movie experience with new projectors, screens, and proprietary software for seamless online ticket purchases. The premium style of mmCineplexes Plus, known as Elite Plus, features a contemporary and intimate setting with private twin-seating configuration, a lounge for relaxation, and a convenient area for collecting food and drinks before the movie. Elite Plus introduces Cabana and Smoove seat types, making its debut in Kuala Lumpur. This premium experience is also available for private events like birthday celebrations or corporate gatherings.
For media inquiries
Please contact Corporate Communications at corpcom@berjaya,com.my

Berjaya Corporation Berhad Hosts memorable Movie Outing For Orphans and Underpriviledged Children Read More »

Berjaya Land Breaks Ground For Four Seasons Okinawa Resort and Private Residence Okinawa

Berjaya Land Berhad (“BLand”), the leading developer behind the award-winning Four Seasons Hotel & Residences Kyoto, marked a significant milestone with the groundbreaking ceremony for its latest luxury venture – the Four Seasons Resort & Private Residences Okinawa.
PRESS RELEASE
Berjaya Land Breaks Ground For Four Seasons Okinawa Resort and Private Residence Okinawa
Date: 4 March 2024
Venue: Four Seasons Okinawa Resort, Okinawa, Japan
Okinawa, Japan, 4th March 2024 – Berjaya Land Berhad (“BLand”), the leading developer behind the award-winning Four Seasons Hotel & Residences Kyoto, marked a significant milestone with the groundbreaking ceremony for its latest luxury venture – the Four Seasons Resort & Private Residences Okinawa.

The project will be developed by Berjaya Okinawa, a wholly owned subsidiary of BLand, in partnership with Four Seasons Hotels and Resorts (‘‘Four Seasons’’), the world’s leading luxury hospitality company. The Four Seasons Okinawa is part of a master plan development comprising about 100 acres of land owned by Berjaya along the western coast of the island, known as the Sunset Strip. With easy access by highway from Naha Airport, it is also strategically located near major tourist attractions such as the famous Cape Manzamo.

The Four Seasons Okinawa spans 32 acres, offering stunning ocean views from 127 resort rooms, 124 condo residences, and 28 private villas. Boasting luxury amenities such as indoor and outdoor pools, a ballroom, fitness center, spa, and 5 restaurants and bars with 380 seats capacity, the resort aims to become the most exclusive luxury beach resorts in Okinawa. The design, inspired by Okinawan traditions, features castle-like promontories, village-scale tiled roofs, and elements like rockscape, caves, and lanterns conveys an authentic connection to the location.

Tan Sri Dato’ Seri Vincent Tan Chee Yioun, Founder and Advisor of Berjaya Corporation Berhad, expressed confidence in the collaboration with Four Seasons, aiming to set a new standard of excellence in Okinawa’s hospitality while looking to further expand Berjaya’s footprint in Japan.

“We are pleased to continue our collaboration with Four Seasons and I am confident that our development in Okinawa will become Japan’s premier luxury destination. We will also continue to build a Four Seasons Hotel in Yokohama and we intend to have at least 10 Four Seasons hotels in Japan.” said Tan Sri Dato’ Sri Vincent Tan.

Advance ground works have been completed, with the main construction anticipated to span 40 months. Seikou Okinawa Construction KK, a subsidiary of Berjaya Construction Bhd under BLand, will serve as the project’s main contractor, supported by Japanese subcontractors.

This endeavour solidifies BLand’s leading position in developing ultra-luxury properties in Japan.

Mr Syed Ali Shahul Hameed, BLand Group CEO emphasised the commitment to drive growth and unlock new opportunities in Japan for investors.

“This groundbreaking is a testament to our commitment in generating sustainable value for our stakeholders as we continue to expand our footprint in Japan and seize growth opportunities, creating value for both customers and investors alike.” Mr Syed Ali commented.

The groundbreaking was officiated by the Mayor of Onna Village, Mr. Nagahama Yoshimi, witnessed by Tan Sri Dato’ Sri Vincent Tan, key authorities and representatives from Onna Village and Berjaya Group.
About Four Seasons Okinawa

The Four Seasons Okinawa will be an exclusively low-density resort development, comprising 127 hotel rooms, 124 condo residences and 28 private villa residences on 32 acres of ocean front land. In keeping with Four Seasons brand’s unparalleled standards of hospitality, the resort facilities and amenities will include indoor and outdoor pools, sports facilities, fitness center, spa, kids club and 5 restaurants that can accommodate 380 guests. The integrated layout of the resort will allow guests and homeowners to access every amenity by foot, bicycles or golf carts.
About Berjaya Land Berhad

Berjaya Land Berhad, a listed subsidiary of Berjaya Corporation Berhad, is engaged in the core activities of Property Investment and Development; Hotels, Resorts, Recreation Development and Vacation Timeshare. 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 in Seputeh Heights, Subang Heights, Bukit Jalil, and many more. Berjaya has also made significant impact on property development overseas, namely in Vietnam, Japan and China. The Group’s successful projects include the Ritz-Carlton Residences Kuala Lumpur, and the Four Seasons Hotel and Hotel Residences Kyoto. Berjaya is also the largest hotel operator in Iceland.
For media inquiries, please contact:
Mr. Mohamed Syairoz – Head of Communications Department, Berjaya Land Berhad at syairoz@berjaya.com.my

Berjaya Land Breaks Ground For Four Seasons Okinawa Resort and Private Residence Okinawa Read More »

Berjaya Rail Joins MARIC as a New Member

Berjaya Land Development Sdn. Bhd. (wholly owned by Berjaya Hartanah Berhad, a subsidiary of Berjaya Land Berhad), proudly announces the pre-launch of Jesselton Courtyard at Jesselton Selatan (“Jesselton Courtyard”).
PRESS RELEASE
Berjaya Rail Joins MARIC as a New Member
Date: 17 July 2024
Venue: Cyberjaya
MARIC’s President, YBhg Datuk Dr. Mohd Yusoff (left) presenting the of membership to Berjaya Rail’s Chief Executive Officer, En Farizul Baharom (right).
Malaysia Rail Industry Corporation (“MARIC”) has welcomed Berjaya Rail Sdn Bhd (“Berjaya Rail”) as a new member in a ceremony held in Cyberjaya. Berjaya Rail is a subsidiary of Berjaya Land Berhad, a company listed on the Main Board of Bursa Malaysia Securities with local and international business presence. Berjaya Rail has expanded its core business to include transport and is currently actively participating in the Request for Information (RFI) by MyHSR Corp for the KL-SG High-Speed Rail (HSR) project.

Mr. Syed Ali Shahul Hameed, Group CEO of Berjaya Land Berhad and Board Member of Berjaya Rail, shared, “Berjaya Rail is committed to working closely with stakeholders such as MARIC to enhance and develop local rail industry capabilities to create a robust ecosystem where local companies can thrive and compete on a global scale, especially in the HSR-related field.”

YBHG Datuk Dr. Mohd Yusoff Sulaiman, President of MARIC, warmly welcomes Berjaya Rail, stating, “MARIC has always been at the forefront of driving initiatives that strengthen the local rail industry. The inclusion of Berjaya Rail into our network underscores our commitment to fostering a collaborative environment that benefits all stakeholders.”

MARIC and Berjaya Rail will work together to drive advancements in the rail industry, aligning with the national vision of becoming a leading rail hub in the region and contributing to the overall economic development of Malaysia. Mr. Farizul Baharom, CEO of Berjaya Rail, received the membership confirmation letter and certificate of membership from MARIC.
For more information, please contact :
En Mohamed Syairoz bin Mohd Odman
Communications & Sustainability Unit
BERJAYA LAND BERHAD
Office : 03-21491213
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) to include Transport. Berjaya Land has business presence in 8 countries (Malaysia, UK, Seychelles, Philippines, Sri Lanka, Vietnam, Japan and Iceland).
About Malaysia Rail Industry Corporation (MARIC)

As a leading corporation consisting of 50 key rail companies, MARIC’s objective is to establish credible local companies that collaborate with the government in building a railway network while keeping the lines operational, safe, and sustainable. In supporting the nation’s rail industry, MARIC focuses on systems engineering clusters which comprise ticketing, signalling, communications, track works, rolling stock, SCADA, automated fare collection (AFC), and electrification.

MARIC’s track records, competencies, and capabilities are evident throughout 1,500 kilometres of railway lines, more than 150 kilometres of metro lines, and hundreds of rolling stock sets currently deployed by the nation’s top operator. MARIC was formed on 17 April 2017 as a result of the inspirational idea by the Malaysian Industry-Government Group for High Technology (MIGHT) and was launched on 16 April 2019 by the Honourable Prime Minister of Malaysia in conjunction with TechnoMart Malaysia’s “Moving the Rail Industry Forward” event held at the MIGHT Partnership Hub, Cyberjaya.

Berjaya Rail Joins MARIC as a New Member Read More »