Berjaya Corporation Bhd

2024

Berjaya Corp catat untung bersih lebih besar RM694.58 juta

NEWS COVERAGE
Berjaya Corp catat untung bersih lebih besar RM694.58 juta
Date: 2 June 2024
Publication: Berita Harian, Malaysia

KUALA LUMPUR: Berjaya Corporation Bhd mencatatkan keuntungan bersih sebanyak RM694.58 juta bagi suku ketiga berakhir 31 Mac 2024, melonjak ketara daripada RM3.26 juta dicatatkan pada suku sama tahun lalu.

Berjaya Corp catat untung bersih lebih besar RM694.58 juta Read More »

BCorp posts revenue of RM2.78b and pre-tax profit of RM778.31m in Q3’24 – eNews Malaysia

NEWS COVERAGE
BCorp posts revenue of RM2.78b and pre-tax profit of RM778.31m in Q3’24 – eNews Malaysia
Date: 2 June 2024
Publication: enewspapermy, Malaysia

PETALING JAYA: Berjaya Corporation Bhd (BCorp) registered revenue of RM2.78 billion and pre-tax profit of RM778.31 million in the third quarter ended March 31, 2024 (Q3’24). This marked a major enhance from revenue of RM2.50 billion and pre-tax profit of RM82.20 million reported in the corresponding quarter of the earlier yr.

BCorp posts revenue of RM2.78b and pre-tax profit of RM778.31m in Q3’24 – eNews Malaysia Read More »

脱售子公司获利 成功集团净利暴涨21倍

NEWS COVERAGE
脱售子公司获利 成功集团净利暴涨21倍
Date: 1 June 2024
Publication: China Press, Malaysia

(吉隆坡31日讯)受益于脱售子公司与重估前子公司保留股权所得收益,成功集团(BJCORP,3395,主要板工业)截至2024财年3月底第3季,净利按年暴涨逾21倍至6亿9458万令吉,对比上财年同期为326万令吉。

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业绩复苏 成功机构第三季大赚7亿

NEWS COVERAGE
业绩复苏 成功机构第三季大赚7亿
Date: 1 June 2024
Publication: Nanyang Siang Pau, Malaysia

(吉隆坡31日讯)产业、酒店,以及服务业务贡献走高,加上脱售子公司获利,带动成功机构(BJCORP,3395,主板工业股)2024财年第三季净利同比暴涨212.38倍,至6亿9457万8000令吉。

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BCorp pulih dengan untung sebanyak 9 juta ringgit melonjak kepada RM594 juta.

NEWS COVERAGE
BCorp pulih dengan untung sebanyak 9 juta ringgit melonjak kepada RM594 juta.
Date: 1 June 2024
Publication: The Star, Malaysia

Berjaya Corporation Berhad mencatatkan pendapatan sebanyak RM2.78 bilion dan keuntungan sebelum cukai sebanyak RM778.31 juta dalam suku kewangan kini berakhir pada 31 Mac 2024, menandakan peningkatan yang signifikan dari pendapatan sebanyak RM2.50 bilion dan keuntungan sebelum cukai sebanyak RM82.20 juta yang dilaporkan dalam suku yang berkaitan pada tahun sebelumnya.

BCorp pulih dengan untung sebanyak 9 juta ringgit melonjak kepada RM594 juta. 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 »

杯葛潮拖累成功食品第三季转亏2976万

NEWS COVERAGE
杯葛潮拖累成功食品第三季转亏2976万
Date: 23 May 2024
Publication: Sin Chew

杯葛潮拖累成功食品第三季转亏2976万

杯葛潮拖累成功食品第三季转亏2976万 Read More »

BFood suffers RM30mil Q2 net loss as Starbucks boycott bites

NEWS COVERAGE
BFood suffers RM30mil Q2 net loss as Starbucks boycott bites
Date: 23 May 2024
Publication: Free Malaysia Today

PETALING JAYA: Berjaya Food Bhd (BFood) fell into the red for its second straight quarter, suffering a net loss of RM29.76 million for the third quarter ended March 31 (Q3 FY2024) as an ongoing boycott of its Starbucks Malaysia coffee chain wreaked havoc on its sales.

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Berjaya Food incurs second straight quarterly loss in 3Q, expects improved performance in next quarter

NEWS COVERAGE
Berjaya Food incurs second straight quarterly loss in 3Q, expects improved performance in next quarter
Date: 23 May 2024
Publication: The Edge Malaysia

KUALA LUMPUR (May 23): Berjaya Food Bhd (KL:BJFOOD) or BFood incurred a net loss of RM29.76 million for the third quarter ended March 31, 2024 (3QFY2024), its second straight quarterly loss amid lower revenue because of an ongoing boycott of its franchised coffee chain Starbucks Malaysia over the current Middle East conflict.

Berjaya Food incurs second straight quarterly loss in 3Q, expects improved performance in next quarter Read More »