Press Release

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.

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.

Kuala Lumpur, 29 July 2024 – QuLeaps AI Sdn Bhd (“QuLeaps”), a subsidiary of Berjaya Corporation Berhad (“BCorp”), is proud to announce the launch of its first Artificial Intelligence (AI) for Teen Bootcamp. This intensive three-day training, which runs from 29 to 31 July 2024, is designed to equip teenagers with the skills and knowledge necessary to thrive in an AI-driven future.

The training was officially launched by Yang Berhormat Puan Fadhlina Sidek, Minister of Education of Malaysia. Her presence underscores the Ministry’s commitment to fostering innovation and equipping young Malaysians with the skills and knowledge necessary to thrive in the AI-driven era.

Yang Berhormat Puan Fadhlina Sidek, stated: “As we embark on this transformative journey towards integrating artificial intelligence into our educational framework in 2027, I am excited to announce the launching of QuLeaps’ first-ever AI for Teen Bootcamp today. Through collaboration between the government’s vision and the private sector’s expertise, this bootcamp underscores our commitment to nurturing Malaysia’s talent and innovation. Together, we are laying the foundation for a future where students leverage AI to solve real-world problems, driving our vision of a digitally advanced and competitive nation.”

Besides introducing young people to AI technology, participants will gain a foundation in AI essentials, from Python programming to the basics of machine learning. This comprehensive approach empowers them to navigate the evolving landscape of an AI-driven workplace.

BCorp is also pleased to announce the integration of AI modules developed by QuLeaps into the curriculum of Berjaya educational institutions. Berjaya TVET College has already begun integrating AI programs into its IT courses, ensuring that all students acquire essential knowledge in artificial intelligence. Through this enhancement, BCorp reaffirms its commitment to delivering quality education that meets the evolving demands of the technology industry.

Tan Sri Dato’ Seri Vincent Tan Chee Yioun, Founder and Advisor of BCorp, emphasises the importance of this training: “As we navigate this transformative era, Artificial Intelligence has fundamentally reshaped our lives. The AI for Teen Bootcamp by QuLeaps is a great initiative that empowers the next generation to become active participants and leaders in the AI revolution. By fostering a culture of innovation and technological literacy at a young age, we are investing in a brighter future for Malaysia.”
QuLeaps aspires to become a leading hub for AI training and innovation. Besides providing exceptional AI trainings, QuLeaps will also focus on developing AI-powered solutions to enhance Berjaya’s hospitality and property business segments.

Muadzam Shah, Pahang, 27 July 2024 –Yayasan My First Home (“YMFH”) pledges to build 100 homes in 12 months for the Orang Asli community in Malaysia following the significant achievement today with the handover of its first home for the Orang Asli community in Muadzam Shah, and two houses for the Orang Asli community in Tapah, Perak.

This milestone is a major step forward in YMFH’s mission to provide safe and secure housing for underserved communities including Orang Asli families in Malaysia.

The newly completed home, built by the local Orang Asli villagers in Kampung Inoi, Muadzam Shah, represents a life-changing opportunity for Mr. Chaman Sinda and his family. Having lived in overcrowded conditions for over 50 years, Chaman, a rubber tapper and fisherman, expressed his gratitude: “I never thought owning a proper home would be possible. I am deeply grateful to Yayasan My First Home and Tan Sri Dato’ Seri Vincent Tan for making this dream a reality for my family.”

This project not only provides Chaman’s family with a new, stable home but also created job opportunities for the Kampung Inoi villagers, who were paid for their work on the construction.

Tan Sri Dato’ Seri Vincent Tan Chee Yioun, Founder and Advisor of YMFH and Berjaya Corporation Berhad, emphasised that “Although constructing 100 houses for the underprivileged indigenous community is ambitious, at Yayasan My First Home, we aim to do more than building houses.

“These homes are the foundation for a brighter future, offering stability and dignity for the Orang Asli families. We invite everyone to join us in this vital mission to make a meaningful difference.”

With over 250 Orang Asli families in need of similar support, YMFH calls for collaboration from government bodies, corporations, and individuals. Each three-bedroom, 600 sqft home costs approximately RM60,000– RM65,000, highlighting the need for collective support to expand these efforts.

The handover ceremony was attended by Tan Sri Dato’ Seri Vincent Tan Chee Yioun and Nambee Ashvin Nambiar, General Manager of YMFH highlighting the foundation’s commitment to creating lasting positive change.