Berjaya Corporation Berhad is one of the top conglomerates in Malaysia. It was formerly known as Berjaya Group Berhad and is currently one of the sound performing blue-chip stocks in Bursa Malaysia under stock code 3395.
Berjaya Group Vincent Tan
The name Tan Sri Vincent Tan is mostly synonymous and closely associated with the Berjaya brand. The philanthropist is after all the man behind the success of this company which has various diversified interests in different sectors.
Areas and sectors
To date, Berjaya Corporation Berhad is very successful in many types of businesses that it has ventured into. This includes:
- Consumer marketing
- Property development and investment
- Hotels, resorts and recreation development
- Gaming and lottery management
- Food and beverage
- Motor trading and distribution
- Investment in environmental services and clean technology
- Telecommunication and information technology-related services, solutions and products
It all started in 1984 when Vincent Tan bought a controlling stake in Berjaya Industrial Berhad and 4 years later saw a major restructuring. There was a lot of acquisition, changes and evolution of the group in the following years until 2005 when a major group restructuring exercise saw Berjaya Corporation Berhad took over the listing status of Berjaya Group Berhad. Under the group, several very successful subsidiaries which are public listed companies now operate which include:
- Berjaya Sports Toto Berhad
- Berjaya Land Berhad
- REDtone International Berhad
Besides that, the group owns several top football clubs including the Cardiff City Football Club, FK Sarajevo and co-ownership of Los Angeles FC, among others. This seeks to strengthen Berjaya’s brand in its customer base where it has already been successful in other brands including McDonald’s’, Digi.com, 7-Eleven and many others.