Berjaya Corporation Bhd

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

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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.

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Cover Story: Continuing the Berjaya legacy

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Cover Story: Continuing the Berjaya legacy
Date: 21 May 2024
Publication: The Edge Malaysia

This article first appeared in City & Country, The Edge Malaysia Weekly on May 13, 2024 – May 19, 2024

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Berjaya Assets officially launches Times Square 2

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Berjaya Assets officially launches Times Square 2
Date: 18 May 2024
Publication: The Edge Malaysia

KUALA LUMPUR (May 18): Berjaya Asset Bhd (KL:BJASSET) on Saturday officially launched Times Square 2, a luxury serviced apartment development located next to Berjaya Times Square in Jalan Imbi, Kuala Lumpur.

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Naza completes acquisition of waste management company from Berjaya for RM700m cash

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Naza completes acquisition of waste management company from Berjaya for RM700m cash
Date: 3 May 2024
Publication: The Edge Malaysia

KUALA LUMPUR (May 3): Naza Corp Holdings Sdn Bhd has completed the acquisition of a 100% stake in Berjaya Enviro Holdings Sdn Bhd (BEnviro) from Berjaya Corp Bhd for RM700 million in cash, marking its entry into the green economy with a focus on municipal and scheduled waste, as well as the waste-to-energy sector.

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Berjaya Corp denies participation in talks to revive Forest City casino resort

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Berjaya Corp denies participation in talks to revive Forest City casino resort
Date: 26 April 2024
Publication: The Edge Malaysia

KUALA LUMPUR (April 26): Berjaya Corp Bhd (BCorp) has denied that its founder Tan Sri Vincent Tan Chee Yioun participated in talks to revive a US$100 billion (RM477.60 billion) Forest City casino resort as reported recently.

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Berjaya Food rises on news of potential buyout by Vincent Tan

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Berjaya Food rises on news of potential buyout by Vincent Tan
Date: 9 April 2024
Publication: The Edge Malaysia

KUALA LUMPUR (April 9): Berjaya Food Bhd’s (BFood) share price climbed as much as 6.5% on Tuesday after Bloomberg reported the company’s substantial shareholder Tan Sri Vincent Tan as considering taking the Starbucks coffee chain operator private.

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Vincent Tan said to weigh taking Berjaya Food private

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Vincent Tan said to weigh taking Berjaya Food private
Date: 9 April 2024
Publication: The Edge Malaysia

(April 9): Malaysian tycoon Tan Sri Vincent Tan is considering taking Kuala Lumpur-listed Berjaya Food Bhd private, according to people with knowledge of the matter.

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Berjaya Corp completes acquisition of Yokohama land for Four Seasons project

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Berjaya Corp completes acquisition of Yokohama land for Four Seasons project
Date: 1 April 2024
Publication: The Edge Malaysia

KUALA LUMPUR (April 1): Berjaya Corp Bhd (BCorp) said it has finalised the acquisition of eight parcels of freehold land totaling 20,977.15 sq metres or 5.18 acres in Yokohama, Japan for ¥12.61 billion (RM407.3 million).

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Sports Toto ups stake in Berjaya Food for RM13.21 mil

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Sports Toto ups stake in Berjaya Food for RM13.21 mil
Date: 27 March 2024
Publication: The Edge Malaysia

KUALA LUMPUR (March 27): Sports Toto Bhd (SPToto) said on Wednesday that its wholly-owned subsidiary, Magna Mahsuri Sdn Bhd, has acquired a 1.34% equity interest in Berjaya Food Bhd for RM13.21 million, resulting in its shareholding in the group increasing to 1.77%.

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Berjaya Land to expand hospitality business in Japan

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Berjaya Land to expand hospitality business in Japan
Date: 20 March 2024
Publication: The Edge Malaysia

This article first appeared in City & Country, The Edge Malaysia Weekly on March 11, 2024 – March 17, 2024 Berjaya Land Bhd is looking to expand its hospitality business in Japan, with at least 10 Four Seasons hotels and resorts across the country.

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