Posted by newbie9893 > 2024-07-18 11:55 | Report Abuse

BJCORP & BJLAND already shoot up to the moon but BJASSET still lag behind...buy now to be rewarded very soon

Posted by newbie9893 > 2024-07-18 11:57 | Report Abuse

No worries, just buy as much as you can, Ah Gong malaysia & V.T is Top Holder

Posted by newbie9893 > 2024-07-18 12:24 | Report Abuse

slowly move up but surely

Posted by speakup > 2 months ago | Report Abuse

VT should rotate CEO around his berjaya companies. Some non performing CEO should in charge of good company to see whether they non perform is because company or them. Some good CEO should in charge of bad companies to see whether they can turn around bad company.

Posted by Good123 > 2 months ago | Report Abuse

A “turnaround” for a company like Berjaya Assets Berhad (BJASSET) would refer to efforts to reverse its financial or operational decline, aiming to improve profitability and market standing. Key elements of a successful turnaround typically involve strategies such as:

1. Debt Management: BJASSET has focused on reducing its debt over recent years. For instance, its debt-to-equity ratio has improved, indicating progress in managing financial liabilities .
2. Business Diversification and Restructuring: Expanding or reorganizing its business segments, particularly in its property investments and gaming activities, can help BJASSET revitalize its revenue streams. With property development being a core strength, such ventures could provide growth .
3. Operational Efficiency: Companies in turnaround situations often streamline operations, cut costs, and improve efficiency. BJASSET’s involvement in various sectors like hotel and theme park management means operational excellence in these areas can drive improved profitability .
4. Market Catalysts: Positive market factors, such as rising foreign direct investment (FDI) in Malaysia, are expected to support economic growth and could aid BJASSET’s recovery, as economic tailwinds are critical in turnaround phases .

If the company continues to focus on these elements, it may position itself for a successful financial recovery.

Posted by Good123 > 2 months ago | Report Abuse

Bjassets should turnaround soon

Posted by Good123 > 2 months ago | Report Abuse

3239 BJASSET BERJAYA ASSETS BERHAD
Change in Boardroom
Date of Change: 05/07/2024
Type of Change: Appointment
Designation: Managing Director
Directorate: Exec
Name: AHMAD RADZI BIN ZAINI
Age: 44
Country:
Nationality: Malaysia
Qualifications:
Working Experience and Occupation:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Directorship of public companies (if any):
1) Gading Berhad2) Gading Group Berhad
Family relationship with any director and/or major shareholder of the listed issuer:
NIL
Details of any interest in the securities of the listed issuer or its subsidiaries:
NIL
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

05/07/2024 07:00 AM


Ref Code: 202407053300221

Posted by Good123 > 2 months ago | Report Abuse

The cheapest vt stocks. Agong kita, pemegang syer?????

Posted by Good123 > 2 months ago | Report Abuse

Berjaya Assets Berhad (Bjassets) and Forest City are linked by their connection to major development projects in Malaysia, particularly in the Iskandar region, which includes Forest City.

1. Bjassets is a Malaysian conglomerate involved in property development, gaming, and hospitality. It has a significant presence in Johor through Berjaya Waterfront, which is a part of the Iskandar Malaysia economic zone, not far from Forest City .
2. Forest City, a large-scale development project by Chinese developer Country Garden, is a futuristic smart city on man-made islands in Johor, just across from Singapore. The development aims to attract international buyers and is part of the larger Iskandar Malaysia plan.

Though there is no direct indication that Berjaya Assets is involved in the Forest City project itself, the proximity of its Johor properties, like Berjaya Waterfront, positions it strategically to benefit from the broader development push in the area  .

Posted by Good123 > 2 months ago | Report Abuse

RM1*++ pun boleh jadi 🤔 Berjaya Assets Berhad (Bjassets) has several notable properties in Johor, particularly focused around the strategic Iskandar Malaysia region, which has been a hub for large-scale developments. Key properties include:

1. Berjaya Waterfront: This is one of Bjassets’ prominent developments in Johor Bahru. It includes the Berjaya Waterfront Hotel, Berjaya Waterfront Complex (a 4-storey shopping center), and the Berjaya Waterfront Ferry Terminal. The complex offers retail, entertainment, and hospitality services, located near the Johor-Singapore Causeway  .
2. Menara MSC Cyberport: Another major property is Menara MSC Cyberport, located in Johor Bahru city center. It is recognized as Southern Malaysia’s first MSC-certified building and serves as an important office property for businesses involved in technology and digital ventures .

These assets benefit from their proximity to the Iskandar Malaysia economic zone, which includes major projects like Forest City and is part of Johor’s rapid development trajectory.

Posted by Good123 > 2 months ago | Report Abuse

Betul?🤔🤔🤔🤔 BJAssets, also known as Berjaya Assets Bhd, is a Malaysian conglomerate involved in various sectors such as property development, investment, and gaming. Recently, the Sultan of Johor, Sultan Ibrahim Ibni Almarhum Sultan Iskandar, significantly increased his stake in BJAssets, becoming a substantial shareholder in the company. His involvement highlights the growing influence of Johor’s royalty in Malaysia’s business landscape, particularly in the southern state of Johor  .

The Sultan’s investment aligns with his broader interests in economic development, as Johor continues to emerge as a key area for infrastructure and real estate growth. Berjaya Assets itself has holdings such as the Berjaya Times Square in Kuala Lumpur and various gaming and hospitality ventures .

Posted by Good123 > 2 months ago | Report Abuse

Keep some https://www.klsescreener.com/v2/news/view/1328881

Posted by Good123 > 2 months ago | Report Abuse

Vincent Tan Chee Yioun is a prominent Malaysian billionaire and founder of Berjaya Corporation Berhad (BCorp). He has built a vast business empire spanning various industries such as real estate, hospitality, gaming, and sports. Some of his most notable companies under the Berjaya Group include Berjaya Sports Toto, Berjaya Land, and Berjaya Food, which operates the McDonald’s franchise in Malaysia.

Vincent Tan gained significant attention for his role in transforming Cardiff City Football Club, including a controversial rebranding decision in 2012. He has also made headlines by appointing Malaysia’s first all-female board for Berjaya Corporation in 2023, highlighting his support for gender diversity. Despite stepping down from executive roles, he remains involved as an advisor to the company, continuing to influence strategic decisions.

In addition to his business ventures, Tan is a well-known philanthropist, particularly through his Berjaya Foundation, which focuses on healthcare, education, and housing for underserved communities    .

Posted by Good123 > 2 months ago | Report Abuse

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.

At Saturday's official launch ceremony, Tan Tee Ming, executive director of Berjaya Times Square Sdn Bhd (BTS), which is a subsidiary of Berjaya Asset, told the press that the project will be launched over two phases. The first phase, which consists of 375 units, has been 50% sold so far.

”The project will be launched over two phases, the first phase has 375 units and the rest will be launched in the second phase, as soon as the first phase is sold out,” said Tan.

Featuring 629 serviced apartment units in a 41-storey tower, Times Square 2 is designed to complement Berjaya Times Square, which also houses a shopping mall, serviced apartments, an indoor theme park, a hotel and offices.


From left: Berjaya Times Square Sdn Bhd executive director Syed Ali Shahul Hameed, Berjaya Corp Bhd joint CEO and Berjaya Times Square CEO Nerine Tan, and Berjaya Times Square executive director Tan Tee Ming
There will be four layout designs for Times Square 2 with built-ups from 488 sq ft (one bedroom) to 1,356 sq ft (three bedrooms). The selling price for the first phase starts at RM1,500 psf. Some of the facilities provided at Levels 7 and 41 are a 40m infinity pool, sauna room, viewing point, herb garden, barbeque area, pets’ play area, multipurpose hall, playground, garden walk and outdoor gym. In addition, the project will have 15 retail units, inclusive of a rooftop speciality restaurant lot and a drive-through.

Tan highlighted that the residents will enjoy seamless access to public transportation with direct connections to the KL Monorail, LRT and MRT Lines. Moreover, there will be two overhead bridges that will connect Berjaya Times Square and Bukit Bintang City Centre. The project also offers easy access from major highways, including the Maju Expressway (MEX), SMART Tunnel and Setiawangsa-Pantai Expressway (SPE).

Also present at the ceremony was BTS executive director Syed Ali Shahul Hameed, who is also the CEO of Berjaya Land Bhd (KL:BJLAND). He said: “We are excited to unveil our new property, promising exceptional value for exceptional value for investment in a prime location with modern amenities, and attracting pricing. This project carries a GDV (gross development value) of RM625 million, and I am confident that we will sell out by end of this year.”

Posted by Good123 > 2 months ago | Report Abuse

The lowest price berjaya stock, bjsssets… 😎

Posted by Good123 > 2 months ago | Report Abuse

Nta 74sen, current price 28.5sen😍😉

Posted by Good123 > 2 months ago | Report Abuse

https://www.berjaya.com/berjaya-assets/our-businesses/

Posted by Good123 > 2 months ago | Report Abuse

Booming tourism both international tourists and domestic travelers should help to generate profit for bjassets

Posted by Good123 > 2 months ago | Report Abuse

Data warehouse, retirement homes for foreigners in Johor should benefit many projects of bjassets in johor as well. Forest city revival also helps it businesses in johor

Posted by Good123 > 2 months ago | Report Abuse

PROFILE OF DIRECTORS 1 2 3 4 5 6 7 8 2 YAM TUNKU TUN AMINAH BINTI SULTAN IBRAHIM ISMAIL Chairman/Non-Independent Non-Executive Director TAN SRI DATO’ SERI ZULKEFLI BIN AHMAD MAKINUDIN Deputy Chairman Independent Non-Executive Director DATO’ HISHAM BIN OTHMAN Chief Executive Officer/ Executive Director CHRYSEIS TAN SHEIK LING Executive Director DATUK WIRA LYE EK SEANG Non-Independent Non-Executive Director CHAN KIEN SING Non-Independent Non-Executive Director MOHD SHUKOR BIN ABDUL MUMIN Independent Non-Executive Director DR JAYANTHI NAIDU G. DANASAMY Independent Non-Executive Director

Posted by Good123 > 2 months ago | Report Abuse

vt mau main share buyback lagi😍😍😍 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS PART A PROPOSED RENEWAL OF AND NEW SHAREHOLDERS' MANDATES FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; AND PART B PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES.

BERJAYA ASSETS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description PART A
PROPOSED RENEWAL OF AND NEW SHAREHOLDERS' MANDATES FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; AND

PART B
PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES.
Please refer to the attachment for details.




Please refer attachment below.

Attachments

BAssets- RRPT and Share Buy Back 17.10.2024.pdf
113.6 kB

Announcement Info
Company Name BERJAYA ASSETS BERHAD
Stock Name BJASSET
Date Announced 17 Oct 2024
Category General Announcement for PLC
Reference Number GA1-16102024-00037

Posted by Good123 > 2 months ago | Report Abuse

Share buyback macam bjfood, pasti terbanglah😎 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS PART A PROPOSED RENEWAL OF AND NEW SHAREHOLDERS' MANDATES FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; AND PART B PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES.

BERJAYA ASSETS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description PART A
PROPOSED RENEWAL OF AND NEW SHAREHOLDERS' MANDATES FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; AND

PART B
PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES.
Please refer to the attachment for details.




Please refer attachment below.

Attachments

BAssets- RRPT and Share Buy Back 17.10.2024.pdf
113.6 kB

Announcement Info
Company Name BERJAYA ASSETS BERHAD
Stock Name BJASSET
Date Announced 17 Oct 2024
Category General Announcement for PLC
Reference Number GA1-16102024-00037

Posted by Good123 > 2 months ago | Report Abuse

30-40sen++ soon, historically speaking even without share buyback :)

BERJ Historical Data
Time Frame
Monthly
Download
10/17/2022 - 10/17/2024

Date

Price

Open

High

Low

Vol.

Change %
Oct 01, 2024 0.285 0.285 0.300 0.260 1.83M 0.00%
Sep 01, 2024 0.285 0.285 0.310 0.285 568.90K -1.72%
Aug 01, 2024 0.290 0.325 0.335 0.280 3.66M -10.77%
Jul 01, 2024 0.325 0.300 0.340 0.300 6.01M +6.56%
Jun 01, 2024 0.305 0.315 0.330 0.300 3.36M +1.67%
May 01, 2024 0.300 0.320 0.335 0.300 2.88M -9.09%
Apr 01, 2024 0.330 0.320 0.330 0.295 2.58M +1.54%
Mar 01, 2024 0.325 0.325 0.345 0.310 2.18M +1.56%
Feb 01, 2024 0.320 0.410 0.410 0.320 6.01M -21.95%
Jan 01, 2024 0.410 0.295 0.460 0.295 26.60M +38.98%
Dec 01, 2023 0.295 0.275 0.300 0.275 1.53M +5.36%
Nov 01, 2023 0.280 0.285 0.295 0.275 2.44M -3.45%
Oct 01, 2023 0.290 0.325 0.340 0.285 7.99M -10.77%
Sep 01, 2023 0.325 0.270 0.350 0.265 7.24M +20.37%
Aug 01, 2023 0.270 0.290 0.295 0.210 2.27M -6.90%
Jul 01, 2023 0.290 0.300 0.300 0.285 1.29M -3.33%
Jun 01, 2023 0.300 0.300 0.305 0.275 1.00M 0.00%
May 01, 2023 0.300 0.300 0.325 0.295 1.19M -1.64%
Apr 01, 2023 0.305 0.300 0.315 0.295 643.90K +1.67%
Mar 01, 2023 0.300 0.285 0.315 0.285 261.20K 0.00%
Feb 01, 2023 0.300 0.305 0.350 0.285 620.00K 0.00%
Jan 01, 2023 0.300 0.300 0.320 0.285 264.30K +3.45%
Dec 01, 2022 0.290 0.295 0.330 0.285 765.90K -1.69%
Nov 01, 2022 0.295 0.290 0.345 0.285 735.80K +1.72%
Highest:
0.460
Change %:
-1.724

Posted by Good123 > 2 months ago | Report Abuse

30-40sen++ soon, historically speaking even without share buyback :)

BERJ Historical Data
Time Frame
Monthly
Download
10/17/2022 - 10/17/2024

Date

Price

Open

High

Low

Vol.

Change %
Oct 01, 2024 0.285 0.285 0.300 0.260 1.83M 0.00%
Sep 01, 2024 0.285 0.285 0.310 0.285 568.90K -1.72%
Aug 01, 2024 0.290 0.325 0.335 0.280 3.66M -10.77%
Jul 01, 2024 0.325 0.300 0.340 0.300 6.01M +6.56%
Jun 01, 2024 0.305 0.315 0.330 0.300 3.36M +1.67%
May 01, 2024 0.300 0.320 0.335 0.300 2.88M -9.09%
Apr 01, 2024 0.330 0.320 0.330 0.295 2.58M +1.54%
Mar 01, 2024 0.325 0.325 0.345 0.310 2.18M +1.56%
Feb 01, 2024 0.320 0.410 0.410 0.320 6.01M -21.95%
Jan 01, 2024 0.410 0.295 0.460 0.295 26.60M +38.98%
Dec 01, 2023 0.295 0.275 0.300 0.275 1.53M +5.36%
Nov 01, 2023 0.280 0.285 0.295 0.275 2.44M -3.45%
Oct 01, 2023 0.290 0.325 0.340 0.285 7.99M -10.77%
Sep 01, 2023 0.325 0.270 0.350 0.265 7.24M +20.37%
Aug 01, 2023 0.270 0.290 0.295 0.210 2.27M -6.90%
Jul 01, 2023 0.290 0.300 0.300 0.285 1.29M -3.33%
Jun 01, 2023 0.300 0.300 0.305 0.275 1.00M 0.00%
May 01, 2023 0.300 0.300 0.325 0.295 1.19M -1.64%
Apr 01, 2023 0.305 0.300 0.315 0.295 643.90K +1.67%
Mar 01, 2023 0.300 0.285 0.315 0.285 261.20K 0.00%
Feb 01, 2023 0.300 0.305 0.350 0.285 620.00K 0.00%
Jan 01, 2023 0.300 0.300 0.320 0.285 264.30K +3.45%
Dec 01, 2022 0.290 0.295 0.330 0.285 765.90K -1.69%
Nov 01, 2022 0.295 0.290 0.345 0.285 735.80K +1.72%
Highest:
0.460
Change %:
-1.724

Posted by Good123 > 2 months ago | Report Abuse

30-40sen++ soon, historically speaking even without share buyback :)

BERJ Historical Data
Time Frame
Monthly

10/17/2022 - 10/17/2024

Date

Price

Open

High

Low

Vol.

Change %
Oct 01, 2024 0.285 0.285 0.300 0.260 1.83M 0.00%
Sep 01, 2024 0.285 0.285 0.310 0.285 568.90K -1.72%
Aug 01, 2024 0.290 0.325 0.335 0.280 3.66M -10.77%
Jul 01, 2024 0.325 0.300 0.340 0.300 6.01M +6.56%
Jun 01, 2024 0.305 0.315 0.330 0.300 3.36M +1.67%
May 01, 2024 0.300 0.320 0.335 0.300 2.88M -9.09%
Apr 01, 2024 0.330 0.320 0.330 0.295 2.58M +1.54%
Mar 01, 2024 0.325 0.325 0.345 0.310 2.18M +1.56%
Feb 01, 2024 0.320 0.410 0.410 0.320 6.01M -21.95%
Jan 01, 2024 0.410 0.295 0.460 0.295 26.60M +38.98%
Dec 01, 2023 0.295 0.275 0.300 0.275 1.53M +5.36%
Nov 01, 2023 0.280 0.285 0.295 0.275 2.44M -3.45%
Oct 01, 2023 0.290 0.325 0.340 0.285 7.99M -10.77%
Sep 01, 2023 0.325 0.270 0.350 0.265 7.24M +20.37%
Aug 01, 2023 0.270 0.290 0.295 0.210 2.27M -6.90%
Jul 01, 2023 0.290 0.300 0.300 0.285 1.29M -3.33%
Jun 01, 2023 0.300 0.300 0.305 0.275 1.00M 0.00%
May 01, 2023 0.300 0.300 0.325 0.295 1.19M -1.64%
Apr 01, 2023 0.305 0.300 0.315 0.295 643.90K +1.67%
Mar 01, 2023 0.300 0.285 0.315 0.285 261.20K 0.00%
Feb 01, 2023 0.300 0.305 0.350 0.285 620.00K 0.00%
Jan 01, 2023 0.300 0.300 0.320 0.285 264.30K +3.45%
Dec 01, 2022 0.290 0.295 0.330 0.285 765.90K -1.69%
Nov 01, 2022 0.295 0.290 0.345 0.285 735.80K +1.72%
Highest:
0.460
Change %:
-1.724

Posted by Good123 > 2 months ago | Report Abuse

The involvement of the Agong's daughter in any business, including Berjaya Assets (BJAssets), could be due to her qualifications, professional expertise, or personal interest in contributing to the company. Members of the Malaysian royal families sometimes pursue careers or business interests, similar to individuals from other backgrounds.

Posted by mf > 2 months ago | Report Abuse

BREAKING
Israel says Hamas leader Yahya Sinwar killed in Gaza
Israeli Prime Minister Benjamin Netanyahu says war on Gaza 'not yet o

Posted by Good123 > 2 months ago | Report Abuse

Berjaya Assets Berhad Company Description

Berjaya Assets Berhad, an investment holding company, provides management services in Malaysia, the Cayman Islands, Singapore, and the United Kingdom.

It operates through three segments: Gaming and Related Activities, Property Development and Property Investment, and Recreation and Others.

The company operates number forecast lotteries in Sarawak; and 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; leasing of theatre; and vehicle assembly, and manufacture and sale of engines and transmissions, as well as general trading and the provision of commission agency services.

The company was formerly known as Matrix International Berhad. Berjaya Assets Berhad was incorporated in 1960 and is based in Kuala Lumpur, Malaysia.

Berjaya Assets Berhad
Country Malaysia
Founded 1960
Industry Miscellaneous Amusement And Recreation
Employees 452
CEO Hisham Bin Othman

Posted by Good123 > 2 months ago | Report Abuse

The gambling license held by Berjaya Assets Bhd is considered priceless for several key reasons:

1. Regulatory Scarcity:

• Gambling licenses are highly regulated and difficult to obtain, especially in regions like Sarawak, Malaysia, where Berjaya Assets operates its number forecast lotteries. The government strictly limits the number of licenses, creating significant barriers to entry for competitors.
• The exclusivity provided by such licenses gives Berjaya Assets a near-monopoly in its area of operation, which is a valuable asset because few can legally replicate its business model .

2. Stable Cash Flow:

• The gambling sector typically generates stable and recurring revenue, even in economic downturns, as people continue to participate in lotteries and gaming. This consistent cash flow can support other business activities, making the license a cornerstone of Berjaya Assets’ financial stability .

3. Long-term Value:

• The value of the license goes beyond its operational revenue. Owning a license increases the company’s market value, as potential buyers or partners may see it as a guaranteed income stream. Given the difficulty of acquiring such licenses, its value is likely to appreciate over time, making it an irreplaceable strategic asset .

4. Economic and Political Favorability:

• Operating in Sarawak, where gaming regulations differ from other parts of Malaysia, provides Berjaya Assets with a unique market position. Its license gives it leverage in a sector that can sometimes be politically sensitive but remains lucrative, especially in regional and niche markets.

Overall, the scarcity, revenue generation potential, and long-term strategic value make Berjaya Assets’ gambling license a highly prized asset.

Posted by Good123 > 2 months ago | Report Abuse

takda isu muslim mengurus sykt judi di malaysia ya terbukti

😎😍😍
Change in Boardroom

BERJAYA ASSETS BERHAD

Date of change 05 Jul 2024
Name ENCIK AHMAD RADZI BIN ZAINI
Age 44
Gender Male
Nationality Malaysia
Designation Managing Director
Directorate Executive
Type of change Appointment
Qualifications

No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Professional Qualification
Accounting
Association of Chartered Certified Accountants (ACCA)- Part III
2
Diploma
Higher National Diploma in Business Study in Accounting
HETAC Ireland
Yayasan Pelajaran Mara Cheras
3
Diploma
Diploma in Economic
Kolej Professional Mara KL
4
Diploma
Diploma in Management Accounting
Kolej Professional Mara KL

Working experience and occupation Encik Ahmad Radzi has more than 20 years of management experience in several industries that included ICT, Aviation, Marine, Renewable Energy, Township Development, Mining, Waste Management as well as Radioactive Waste Facility.

Encik Ahmad Radzi started his career as an Audit Junior in a Public Accountants firm in Dublin Republic of Ireland where he assisted in audit works for clients in various industries and was promoted as Audit Semi Senior before he left in 2006. Subsequently, he joined Heitech Padu Group of Companies as Finance Reporting Executive. He held several positions in the Finance Division in Heitech Padu Group of Companies over a period of 5 years and acted as the Project Finance Controller before he left in 2011. He subsequently joined Tompa Resources Sdn Bhd and was appointed as the CEO of the Company. In 2014, he left Tompa Resources Sdn Bhd and joined Highbase PVTech Sdn Bhd as the Managing Director. In 2019, he joined Gading Group of Companies and held the position as the Group CEO of Gading Group Berhad and as a Director of several companies in Gading Group. He remains as a Director of several companies in Gading Group at present.
Directorships in public companies and listed issuers (if any) 1) Gading Berhad
2) Gading Group 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

Posted by Good123 > 2 months ago | Report Abuse

Lesen & biz judi sarawak dari bjassets kpd sport toto soon, buy bjassets 😎😜

Posted by Good123 > 2 months ago | Report Abuse

new muslim md mau jual biz & lesen judi di sarawak ka? Hehe😎😎😎

Posted by Good123 > 2 months ago | Report Abuse

The potential sale of Berjaya Assets Bhd’s gambling business in Sarawak to a competitor like Sport Toto could be influenced by several factors, particularly from the perspective of a Muslim managing director (MD). Here are some key considerations:

1. Cultural and Religious Considerations:

• Personal Beliefs: As a Muslim, the MD might feel a moral or ethical obligation to distance themselves from the gambling industry, which is often viewed as incompatible with Islamic values. This could lead to a desire to divest from activities that conflict with personal beliefs or community expectations.
• Corporate Social Responsibility: There may be a growing trend among business leaders to align company practices with socially responsible and ethical frameworks, which could include moving away from gambling operations  .

2. Financial Strategic Reasons:

• Maximizing Value: Selling the gambling business could unlock substantial capital, allowing the company to invest in other ventures or strengthen its balance sheet. Given that gambling licenses are considered valuable assets, a sale to a well-established player like Sport Toto could maximize financial returns  .
• Focus on Core Business: The MD may prefer to focus on the company’s other segments, such as property development or hospitality, which may have greater growth potential or align more closely with their vision for the company .

3. Regulatory Environment:

• Increased Scrutiny: The gambling industry often faces fluctuating regulations and scrutiny, particularly in a predominantly Muslim country. The MD might foresee potential challenges ahead in operating a gambling business amid changing political or regulatory landscapes  .
• Strategic Exit: Selling the gambling segment could be seen as a proactive strategy in light of potential legal or regulatory shifts that could affect profitability .

4. Market Dynamics:

• Intensifying Competition: With other established players like Sport Toto competing in the market, the MD might assess that maintaining a gambling operation is less advantageous compared to divesting and allowing a stronger competitor to take over  .

Conclusion

In conclusion, the decision to sell Berjaya Assets Bhd’s gambling business to Sport Toto could be driven by a combination of personal, financial, regulatory, and competitive factors. These considerations reflect not only the challenges associated with the gambling industry in Malaysia but also the MD’s personal values and strategic vision for the company.

😉

Posted by Good123 > 2 months ago | Report Abuse

Bjassets, cool ya, Muslim MD, biz ada Judi 🧐🤓😎

Posted by Good123 > 2 months ago | Report Abuse

BJ Assets Bhd is known primarily for its involvement in the gambling and gaming industry, which is an important segment of its overall business. Here are some reasons why the gambling business is significant for the group:

1. Revenue Generation: The gambling sector typically generates substantial revenue, contributing significantly to BJ Assets Bhd’s overall income. This revenue can support other business operations and investments.
2. Market Demand: There is a consistent demand for gambling and gaming services, which can lead to stable cash flows for the company. This demand can be particularly strong in regions where gambling is culturally accepted or legalized.
3. Diversification: By operating in the gambling sector, BJ Assets Bhd diversifies its business portfolio, reducing reliance on any single income stream. This can mitigate risks associated with market fluctuations in other industries.
4. Regulatory Environment: In certain markets, gambling is heavily regulated, and being a recognized player can offer BJ Assets Bhd a competitive advantage in navigating these regulations effectively, which can lead to increased market share.
5. Brand Recognition: A strong presence in the gambling industry can enhance the company’s brand and reputation, attracting partnerships and collaborations that can be beneficial across its business lines.
6. Expansion Opportunities: The gaming and gambling market often presents opportunities for expansion, whether through new gaming products, services, or geographic locations, which can drive future growth.
7. Synergies with Other Operations: If BJ Assets Bhd has interests in hospitality or entertainment, the gambling business can create synergies, such as increased foot traffic to hotels or venues associated with gaming.

Overall, the gambling business is vital to BJ Assets Bhd as it contributes to revenue, market positioning, and potential growth avenues.

Posted by Good123 > 2 months ago | Report Abuse

Selling off the gambling business of BJ Assets Bhd could be a feasible option, depending on various factors. Here are some considerations to keep in mind:

1. Market Conditions: The current state of the gambling industry and the market’s appetite for acquisitions will play a crucial role. If there is high demand for gaming assets, it could be an opportune time to sell.
2. Valuation: A proper valuation of the gambling business is essential. This includes assessing its revenue, profitability, and growth potential. An attractive valuation can make the business more appealing to potential buyers.
3. Regulatory Considerations: The gambling industry is heavily regulated. Understanding the implications of a sale, including any licensing or regulatory approvals required, is critical.
4. Strategic Focus: If BJ Assets Bhd is looking to focus on other core business areas or reduce its exposure to the gambling sector, selling off this division could align with that strategic vision.
5. Potential Buyers: Identifying potential buyers, such as other gaming companies or investment firms looking to enter the gambling market, is crucial. The interest level of these buyers will impact the feasibility of a sale.
6. Financial Impact: Selling the gambling business could have immediate financial implications, such as inflow of cash from the sale, but it may also affect the company’s overall revenue and profitability in the long term.
7. Stakeholder Reaction: Consider how stakeholders, including shareholders, employees, and customers, might react to the decision to sell. Their support or opposition can influence the success of the sale.
8. Reinvestment Opportunities: The capital gained from selling the gambling business can be reinvested in more lucrative or strategically aligned ventures, which may enhance the company’s growth prospects.

In summary, while selling off the gambling business of BJ Assets Bhd is possible, it requires careful consideration of market conditions, valuation, regulatory implications, and the company’s overall strategic goals. A thorough analysis and planning process would be necessary to ensure a successful transaction.

Posted by Good123 > 2 months ago | Report Abuse

booster as mega projects and details Johor SEZ

Posted by Good123 > 2 months ago | Report Abuse

Uptrend
Bajet madani etika 2025 RM421b .. largest ever

Posted by Good123 > 2 months ago | Report Abuse

It will reclaim its former glory before the pandemic. Continue to be calm.

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2017

BERJAYA ASSETS BERHAD

Financial Year End 30 Jun 2017
Quarter 3 Qtr
Quarterly report for the financial period ended 31 Mar 2017
The figures have not been audited
Attachments

BAB Q3 FY2017.pdf
161.5 kB
Default CurrencyOther Currency
Currency: Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2017


INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2017
31 Mar 2016
31 Mar 2017
31 Mar 2016
$$'000
$$'000
$$'000
$$'000
1 Revenue
87,162
97,771
270,533
288,765
2 Profit/(loss) before tax
24,183
-33
30,348
24,811
3 Profit/(loss) for the period
179,754
-1,879
25,538
17,457
4 Profit/(loss) attributable to ordinary equity holders of the parent
179,871
-2,539
25,550
11,085
5 Basic earnings/(loss) per share (Subunit)
16.16
-0.23
2.30
1.00
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
1.9900
1.9700

Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Country Base Unit Subunit
Malaysia Ringgit Sen
United States Dollar Cent
United Kingdom Pound Pence

Posted by Good123 > 2 months ago | Report Abuse

KUALA LUMPUR (Oct 18): The government will announce special incentives for the Johor-Singapore Special Economic Zone (JS-SEZ) by the end of this year, said Prime Minister Datuk Seri Anwar Ibrahim.

He said the special incentives provided can attract quality investments and offer high-value jobs in an effort to accelerate the growth of the zone and at the same time to become a sustainable special economic zone.

He said when presenting Budget 2025 in Dewan Rakyat on Friday that the Invest Malaysia Facilitation Centre – Johor (IMFC-J) was being established to facilitate investment in JS-SEZ.

Anwar, who is also the finance minister, said the centre aims to reduce bureaucracy at various levels to speed up approvals.

Posted by Good123 > 2 months ago | Report Abuse

KUALA LUMPUR (Oct 18): While Airbnb welcomes the government’s tourism-related incentives amounting to a total of RM1.21 billion, the online operator for homestays urges the government to support the development of short-term rental accommodations (STRA) guidelines.

In the newly tabled Budget 2025, the government announced the tourism-related incentives: RM500 million to promote tourism activities and preparing for Visit Malaysia Year 2026; RM110 million investment aimed at upgrading the facilities at Taman Negara Endau Rompin in Johor, Pulau Redang in Terengganu, and Pantai Tusan Bekenu in Sarawak; and RM600 million for the restoration and revitalisation landmarks in Kuala Lumpur, such as Carcosa Seri Negara, Bangunan Sultan Abdul Samad and Bangunan Stesen Kereta Api Kuala Lumpur.

“[These tourism-related incentives] will further enhance [Malaysia’s] status as a vibrant destination, contributing significantly to the country’s economic growth and tourism development,” said APAC director of public policy Mich Goh in a press statement issued on Friday.

Meanwhile, Goh also urged the government to support the development of the STRA guidelines: “We encourage the federal government to endorse the upcoming national STRA guidelines, which will be the first of its kind in Southeast Asia and showcase dynamism and adaptability to drive the tourism industry.

“We remain committed to working with the government to support tourism growth and recovery, to ensure that more local communities are able to leverage the benefits of the travel economy,” she added.

Posted by Good123 > 2 months ago | Report Abuse

KUALA LUMPUR: The government has approved Forest City as a Duty-Free Island to promote tourism and stimulate local economic activities, said Prime Minister Datuk Seri Anwar Ibrahim.

He added that a tax incentive package for the Forest City Special Financial Zone has been introduced to encourage financial services, including global business services and fintech.

Additionally, Anwar, who also serves as Finance Minister, announced the launch of the Single Family Office Scheme for the Forest City Special Financial Zone.

"To ensure the success of the Family Office operations, the Securities Commission will serve as the approving authority for resident and employment passes for founding family investors and related investment professionals," he said when presenting Budget 2025 in the Dewan Rakyat today.

Meanwhile, the Prime Minister highlighted the Johor-Singapore Special Economic Zone (JS-SEZ) memorandum of understanding, signed in January this year, as a significant milestone in economic cooperation between Malaysia and Singapore.

Posted by mf > 2 months ago | Report Abuse

11m ago
Netanyahu promises to win war after drone attack

Posted by Good123 > 1 month ago | Report Abuse

Tourism

Malaysia is setting aside RM550 million to promote tourism, ahead of its Visit Malaysia Year in 2026. Entertainment and gaming companies, such as Genting Bhd (KL:GENTING); and airline operator AirAsia X Bhd (KL:AAX) may benefit from a boost in tourism receipts. Also, bjassets with its mall & hotel biz😉

Posted by Good123 > 1 month ago | Report Abuse

Should rise , tourism is stressed in the budget 2025, its malls, resorts /biz will flourish, etc

Posted by Good123 > 1 month ago | Report Abuse

Also, its properties in Johor would rise in value with so many happenings in johor

Posted by Good123 > 1 month ago | Report Abuse

Berjaya Assets Berhad (BJASSET) is involved in a wide range of businesses, including property development, hospitality, and gaming activities. One key point about the company is its ownership and management structure, which reflects the multi-ethnic and multi-religious context of Malaysia. Despite Islam’s prohibition on gambling for Muslims under Sharia law, BJASSET operates in sectors that include gaming, which is legal for non-Muslims under secular law in Malaysia.

As for the appointment of Muslims, such as Ahmad Radzi Bin Zaini, a Muslim, as Managing Director in 2024, it reflects a professional distinction. The company abides by legal and religious norms in Malaysia, where gambling operations are regulated and restricted to non-Muslims. Muslims who serve in executive roles do so within the broader business operations, which include property and hospitality sectors, not directly linked to the gambling components, aligning with both legal and ethical expectations   .

Thus, while the company has gambling-related ventures, they adhere to the laws that allow non-Muslims to participate, and Muslims in leadership positions are typically not involved in the direct management of these segments.

Posted by Good123 > 1 month ago | Report Abuse

Budget 2025 appears to have several aspects that could be favorable for Berjaya Assets Bhd (BJAssets), depending on its specific areas of involvement.

1. Property Development: If BJAssets has exposure to property development, it could benefit from the positive outlook for the sector. Budget 2025 is expected to continue supporting initiatives like the revised Malaysia My Second Home (MM2H) policy, which attracts foreign buyers. Developers are also advocating for schemes like the Home Ownership Campaign (HOC) and first-time homebuyer grants, which could increase property demand. The Johor-Singapore Special Economic Zone (JS-SEZ) may further bolster demand for strategic landholders in key areas  .
2. Gaming Sector: BJAssets’ interests in the gaming industry may see stable prospects as no significant changes are expected in gaming taxes. The continuation of special draws could marginally boost revenue .
3. Renewable Energy: If BJAssets is invested in energy infrastructure, Budget 2025’s focus on green energy initiatives and the National Energy Transition Roadmap (NETR) could open opportunities in solar energy, grid enhancements, and other renewable projects  .

Thus, BJAssets stands to gain from several initiatives in Budget 2025, particularly in property, gaming, and energy sectors, depending on its portfolio exposure.

Posted by Good123 > 1 month ago | Report Abuse

The relationship between Berjaya Assets Bhd (BJAssets) and Sports Toto Bhd (formerly known as Berjaya Sports Toto) has potential for strategic collaboration or synergy, particularly due to their overlapping interests in the gaming and property sectors. Both companies are part of the Berjaya Group, controlled by prominent Malaysian tycoon Tan Sri Vincent Tan, which increases the likelihood of cooperation or potential restructuring.

Opportunities for Collaboration or Merger:

1. Gaming Synergies: BJAssets, which owns Berjaya Times Square and has gaming assets, might explore closer ties with Sports Toto given the shared focus on the gaming industry. A merger or partnership could consolidate their gaming operations, leading to cost efficiencies, broader market reach, and a unified platform to tap into gaming-related revenue streams like special draws or future digital gaming ventures.
2. Property and Real Estate Development: Sports Toto has a strong cash flow from its gaming business, while BJAssets has significant assets in property development and investment. If these companies explore a merger or joint venture, the combined financial strength could lead to further development of gaming-centric properties (e.g., entertainment hubs, integrated resorts), potentially increasing footfall for both retail and gaming services.
3. Cross-Marketing and Branding: As both are part of the Berjaya Group, cross-marketing could benefit both brands. For example, Sports Toto could collaborate with BJAssets properties for promotions or events, leveraging BJAssets’ prime real estate like Berjaya Times Square to attract customers.
4. Potential Merger: While there is no specific news or official statement on a merger between BJAssets and Sports Toto, it’s feasible given their shared ownership structure and overlapping interests. A merger could streamline operations and maximize the value of their combined gaming, property, and retail assets.

Overall, while no specific plans for a merger have been announced publicly, the shared ownership and potential for synergies between BJAssets and Sports Toto make future collaboration or corporate restructuring a possibility.

Posted by Good123 > 1 month ago | Report Abuse

Vincent Tan, the Malaysian billionaire and founder of Berjaya Corporation Berhad (which includes BJAssets Bhd), is known for being a pragmatic businessman who values diversity and inclusivity in his companies. His decision to recruit Muslims, or people from different ethnic and religious backgrounds, to lead BJAssets Berhad or any of his other businesses likely stems from several reasons:

1. Malaysia’s Demographics: Malaysia is a multi-ethnic and multi-religious country, with Muslims making up around 60% of the population. By recruiting Muslim leaders, Tan could be fostering a leadership team that reflects the broader Malaysian society, which may help in building stronger ties with stakeholders, the community, and government entities.
2. Cultural and Religious Sensitivity: Appointing leaders from the Muslim community may also reflect a respect for cultural and religious practices, especially if the company’s operations or business dealings involve regions where Islam is the dominant religion.
3. Business Strategy: From a business perspective, having leaders who are familiar with the customs, traditions, and needs of the Muslim community can help BJAssets Bhd tap into new markets or serve Muslim-majority customer segments better. This could be especially relevant if Berjaya Group is involved in industries like halal food, Islamic finance, or real estate projects targeted at Muslim buyers.
4. Reputation and Goodwill: By promoting inclusivity in leadership, Vincent Tan could be enhancing his company’s reputation for fairness and equality. This can lead to better public relations and foster goodwill among different communities in Malaysia.
5. Personal Philosophy: Vincent Tan has spoken about his desire to give back to society and may see diversity in leadership as part of his commitment to contributing positively to the country’s social fabric.

These factors suggest that Tan’s approach is not only a reflection of the socio-political and cultural landscape of Malaysia but also a strategic business move designed to position BJAssets Bhd for success in a diverse marketplace.