To ensure all stakeholders being fairly treated , 1) Link the directors/management remuneration (pay/bonues/dividend) to company performance 2) For those directors/management people holding more than 1 position in the group , cap the bonuses/dividends to maximum 2 companies within the group that profitable with ROI >5% , this is to make sure they have the desire to drive for higher ROI to qualify them for the yearly remuneration.
All the girls like him All the boys like him As Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall; Even the sultan's girl and all the sultan's men Couldn't put Humpty together again Moral of the story ☺️ Take profit while you can Cut loss if you can't
Berjaya Assets Bhd is an investment holding company. The company's business segments are gaming and related activities, Property development and property investment, and Recreation. Group operates various forecast lotteries in Sarawak, as well as provides lottery consultancy and related services. It is also involved in the investment and development of properties; operation of a hotel, theme park, and car park; management of a ferry terminal; and leasing of a theatre, as well as general trading and provision of commission agency services. Business activity of Berjaya is primarily functioned through Malaysia.
Berjaya Assets Berhad is a Malaysian conglomerate with diversified business interests. However, please note that business information can change over time, and it's advisable to check the latest sources for the most current information. As of my last update, here are some of the key business areas that Berjaya Assets Berhad was involved in:
Property Development: Berjaya Assets Berhad has been involved in property development projects, including residential, commercial, and leisure properties.
Hotels and Resorts: The company has interests in the hospitality industry, owning and managing hotels and resorts. These properties may include both local and international locations.
Gaming and Lottery: Berjaya Assets Berhad has been involved in gaming and lottery operations. This may include investments in gaming-related businesses or participation in lottery activities.
Motor Trading: The company has been associated with the automotive industry, particularly in the trading of motor vehicles.
Investments: Berjaya Assets Berhad may have investments in various sectors, including financial investments in stocks, bonds, and other financial instruments.
Others: The conglomerate's business portfolio may include other diversified interests such as retail, telecommunications, and other industries.
It should sell off the gambling biz... make it a shariah compliant stock lagi bagus...
Gaming and Lottery: Berjaya Assets Berhad has been involved in gaming and lottery operations. This may include investments in gaming-related businesses or participation in lottery activities.
PROFILE OF DIRECTORS 1 YAM TUNKU TUN AMINAH BINTI SULTAN IBRAHIM ISMAIL Chairman/Non-Independent Non-Executive Director 2 TAN SRI DATO’ SERI ZULKEFLI BIN AHMAD MAKINUDIN Deputy Chairman Independent Non-Executive Director 3 DATO’ HISHAM BIN OTHMAN Chief Executive Officer/ Executive Director 4 CHRYSEIS TAN SHEIK LING Executive Director 5 DATUK WIRA LYE EK SEANG Non-Independent Non-Executive Director 6 CHAN KIEN SING Non-Independent Non-Executive Director 7 MOHD SHUKOR BIN ABDUL MUMIN Independent Non-Executive Director 8 DR JAYANTHI NAIDU G. DANASAMY Independent Non-Executive Director
Segmental information for the financial quarter ended 30 September 2023: Inter - External segment Total REVENUE RM '000 RM '000 RM '000 Property development and investment - 28,929 28,929 Gaming and related activities 364 18,846 19,210 Hotel, recreation and others - 8,616 8,616 Elimination : Inter-segment revenue (364) - (364) Total revenue 56,391 - 56,391 RESULTS RM '000 Property development and investment 14,493 Gaming and related activities 1,218 Hotel, recreation and others (2,569) 13,142 Unallocated corporate expenses (254) Profit from operations 12,888
Whilst the Directors are cautiously optimistic on the recovery of the domestic economy, the operating results of the Group for the financial year ending 30 June 2024 is expected to be satisfactory.
DATO’ HISHAM BIN OTHMAN Chief Executive Officer/Executive Director 61 years of age • Malaysian • Male Dato’ Hisham Bin Othman was appointed to the Board as the Chief Executive Officer and Executive Director on 1 July 2022. He holds a Bachelor of Civil Engineering and a Master of Business Administration. He also holds a Senior Management Certificate from INSEAD of France. In addition, he holds a Certificate in “Circular Economy and Sustainable Strategies” from University of Cambridge, Judge Business School. He also successfully completed the “Leading Sustainable Corporations Programme” by University of Oxford. Dato’ Hisham is a Qualified Risk Director and a member of the Institute of Enterprise Risks Practitioners based in the United Kingdom. He is also a Registered Property Manager governed by the Board of Valuers, Appraisers, Estate Agents and Property Managers. He is a member of the Institute of Corporate Directors, Malaysia. Dato’ Hisham is the immediate past Chairman of the Malaysia REIT Managers Association, an organisation that promotes REIT’s growth and engages with regulators and authorities. Dato’ Hisham has over 35 years of working experience in various industries. He has held many C-suite leadership positions in the UEM Group, the DRB-Hicom Group, Capital A (Air Asia) Group, and the Berjaya Group. He has led many companies in various industries in his capacity as Chief Executive Officer and/or Chief Operating Officer. In the Real Estate sector, he has been involved in the areas of property development, asset management, project management, marketing, finance, leasing, tenancy management, facilities management, risk management, stakeholder management, energy optimisation, regulatory compliance, and sustainability/ESG. Dato’ Hisham was appointed to the Board of Berjaya Corporation Berhad on 1 June 2021 as an Independent Non-Executive Director. He resigned on 1 July 2022 to became CEO and Executive Director of Berjaya Assets Berhad on 1 July 2022.
Corporate restructuring should be on the way. Many Muslim directors in a gambling group.
Change in Boardroom BERJAYA ASSETS BERHAD
Date of change 11 Dec 2023 Name DATO' RAHIM BIN SUBOH Age 64 Gender Male Nationality Malaysia Designation Independent Director Directorate Independent and Non Executive Type of change Appointment Qualifications No Qualifications Major/Field of Study Institute/University Additional Information 1 Others High School Education - -
Working experience and occupation Dato' Rahim's career spans over 40 years across numerous industries that include banking and finance, transport operation, mechanical and electrical, automobile, trading, telecommunication, construction and landscape, property development, and foreign currency exchange.
Dato' Rahim first joined the Central Bank of Malaysia in 1979 as an Officer involved in bank and currency operations. Almost 2 decades later he moved on to Airport Coach Sdn Bhd where he managed transport operations to Kuala Lumpur International Airport (KLIA). In 2004, Dato' Rahim became the Chairman of Hanitek Sdn Bhd, a company that provides mechanical and electrical services to Tenaga Nasional Berhad (TNB), automobile servicing, trading local and international, and telecommunication.
While maintaining his Chairman position with Hanitek Sdn Bhd, Dato' Rahim was offered a position by the Ministry of Finance in 2009 as Special Officer to the Deputy Minister of Finance. Concurrently, he has also been serving as International Advisor for Koperasi Pendidikan Islam Malaysia Bhd (UKHWAH) since 2009. Dato' Rahim left the Ministry of Finance in 2018.
With his wide range of knowledge and exposure, he has assisted Crewstone International's venture into peer-to-peer provider as a Director of the company.
Currently, Dato' Rahim is a Director of BCM Alliance Berhad, Computer Forms (Malaysia) Berhad and Rosegate Insurance Brokers Sdn Bhd. He is also a Director of Timbunan Pelangi (M) Sdn Bhd, Advisor to the Board of Directors of Auto Mastercop Sdn Bhd, Director of Nik Hussain Holding Sdn Bhd and Chairman of Teroka Idaman Resources.
In recognition for his services to the nation, Dato' Rahim was conferred the Darjah Indera Mahkota Pahang (D.I.M.P.) in 2012. Directorships in public companies and listed issuers (if any) 1. BCM Alliance Berhad 2. Computer Forms (Malaysia) Berhad Family relationship with any director and/or major shareholder of the listed issuer Nil Any conflict of interests that he/she has with the listed issuer Nil Details of any interest in the securities of the listed issuer or its subsidiaries Nil
Announcement Info Company Name BERJAYA ASSETS BERHAD Stock Name BJASSET Date Announced 11 Dec 2023 Category Change in Boardroom Reference Number C03-07122023-00009
Next year, Sultan Johor will become the new agong. Bjassets' chairman is his daughter. The price of Bjasset is about to skyrocket. He owns a stake in bjassets.
YAM TUNKU TUN AMINAH BINTI SULTAN IBRAHIM ISMAIL Company [BJASSET]: BERJAYA ASSETS BERHAD Name YAM TUNKU TUN AMINAH BINTI SULTAN IBRAHIM ISMAIL Nationality Malaysia Gender Female Age 31 Designation Chairman Directorate Non Independent and Non Executive Qualification YAM Tunku Tun Aminah Binti Sultan Ibrahim Ismail ("Tunku Tun Aminah") graduated from the prestigious La Salle School of Arts in Singapore. Working Experience Tunku Tun Aminah is the Chairman of REDtone International Berhad. She has considerable experience in heading private organisations across a broad range of industries. She serves as a director on the board of several other private companies, including Berjaya Waterfront Sdn Bhd, REDtone Network Sdn Bhd, Jauhari Maksima Sdn Bhd and Ibzi Holdings Sdn Bhd. She also holds the Kentucky Fried Chicken franchise in Stulang Laut, Johor Bahru. Tunku Tun Aminah is also the current president of the Johor Darul Ta'zim Football Club (also known as JDT), a football club based in Johor Bahru. She is also the Patron of SPCA Johor Bahru and the Chairperson of the Johor Cerebral Palsy Association. Directorship of Public Companies REDtone International Berhad Family Relationship Tunku Tun Aminah is the daughter of DYMM Sultan Ibrahim Johor, a major shareholder of the Company. Shareholding Share Transaction Role Related Company Direct (units) 200,000 Direct (%) 0.01% Indirect (units) 0 Indirect (%) 0.00% Total (units) 200,000 Total (%) 0.01% Date of Notice 12-Jan-2018
becoming a shareholder like our sultan johor and new agong in 2024
BJASSET Top Shareholders Total Shares (Quantity) 2.04B Total Shares (%) 79.69%
Name % Shares Position Change Value Record Date VINCENT TAN CHEE YIOUN 30.96 791,930,000 - 225.70M 02 Oct 23 DYMM SULTAN IBRAHIM JOHOR 12.35 315,900,000 - 90.03M 02 Oct 23 B & B ENTERPRISE SDN BHD 7.76 198,667,300 - 56.62M 02 Oct 23 BERJAYA SOMPO INSURANCE BERHAD 4.32 110,585,000 - 31.52M 02 Oct 23 HOTEL RESORT ENTERPRISE SDN BHD 3.61 92,413,800 - 26.34M 02 Oct 23
bjassets boleh issue bonus macam bjfood... retained earnings ada RM400mil+++++++++++
EQUITY Share capital 1,538,122 1,538,122 Reserves : Foreign currency translation reserve 22,522 19,218 Fair value through other comprehensive income ("FVTOCI") reserve (87,470) (70,774) Retained earnings 422,692 406,700 357,744 355,144 Equity attributable to owners of the Company 1,895,866 1,893,266 Non-controlling interests (6,026) (6,900) Total equity 1,889,840
History Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks 27/07/2023 00:00:00 0.3000 0.0050 12.000m 12.000m 3.600m 3.600m 0.3000 0.4691 -
Berjaya Assets Berhad was incorporated in Malaysia and was listed on the Main Board of Bursa Malaysia Securities Berhad on 17 August 1978.
Berjaya Assets is the developer of Berjaya Times Square, one of Malaysia’s largest retail and commercial projects which has now become an international landmark for Kuala Lumpur city.
The group also owns Natural Avenue Sdn Bhd which is a Number Forecast Operator in the state of Sarawak. In Johor Bahru, the Group owns the Berjaya Waterfront Hotel and Ferry Terminal.
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Huat chaiii