Free Malaysia Today

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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BCorp sells waste business to Vincent Tan’s son-in-law’s firm for RM700mil

News Coverage / Berjaya Corporation

NEWS COVERAGE

BCorp sells waste business to Vincent Tan’s son-in-law’s firm for RM700mil

Date: 3 May 2024
Publication: Free Malaysia Today

PETALING JAYA: Vincent Tan’s Berjaya Corp Bhd (BCorp) has completed the divestment of its 100% stake in its waste management unit Berjaya Enviro Holdings Sdn Bhd to his son-in-law’s family vehicle, Naza Corp Holdings Sdn Bhd, for RM700 million in cash.

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Berjaya Corp’s Q2 net loss quadruples to RM116mil

News Coverage / Berjaya Corporation

NEWS COVERAGE

Berjaya Corp’s Q2 net loss quadruples to RM116mil

Date: 29 February 2024
Publication: Free Malaysia Today

PETALING JAYA: The consumer boycott of Starbucks cafes has wreaked havoc on Berjaya Corp Bhd’s (BCorp) bottom line as its net loss for the second quarter ended Dec 31, 2023 (Q2 FY2023) quadrupled to RM116.32 million from the RM24.81 million a year ago.

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Berjaya believed working on competing bid for barrier-free toll system

News Coverage / Berjaya Corporation

NEWS COVERAGE

Berjaya believed working on competing bid for barrier-free toll system

Date: 19 February 2024
Publication: Free Malaysia Today

PETALING JAYA: A major public company is believed to be seeking support from highway concessionaires on a competing bid to install a barrier-free system at toll plazas.

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Royalty-linked stocks jump on HSR bid report

News Coverage / Berjaya Corporation

NEWS COVERAGE

Royalty-linked stocks jump on HSR bid report

Date: 26 January 2024
Publication: Free Malaysia Today

PETALING JAYA: Berjaya Land Bhd, which has links to the family of Malaysia’s incoming king, jumped following a report its unit is leading a consortium that’s bidding for the Kuala Lumpur-Singapore high-speed rail (HSR) project.