Posted by Good123 > 1 month ago | Report Abuse

The gambling businesses of BJAssets Bhd (Berjaya Assets Berhad) and Sports Toto are highly valuable to the Berjaya Group for several key reasons:

1. Consistent Revenue Generation

• Sports Toto is one of the largest gaming operators in Malaysia, offering lottery and number forecasting games, which are immensely popular. It provides a steady and substantial cash flow to the Berjaya Group.
• Gambling is a stable business segment, as people continue to participate in gaming and lottery activities regardless of economic fluctuations. This makes it a reliable source of income even during tough economic times.

2. High Profit Margins

• The gambling and lottery sectors typically have high profit margins due to their operational structure. While overhead costs remain relatively low, the income from tickets and betting is substantial. This makes the gambling operations extremely lucrative.
• For Berjaya Group, Sports Toto contributes a significant portion of its earnings, bolstering the overall profitability of the group.

3. Market Monopoly and Licensing

• In Malaysia, the gambling sector is heavily regulated, and Sports Toto holds one of the limited licenses to operate legally in the country. This monopoly-like control on the market gives Berjaya Group a competitive edge, as there is little competition in the legal gambling space.
• Such licenses are valuable and hard to obtain, further enhancing the importance of these businesses to Berjaya.

4. Diversification within Berjaya Group

• The Berjaya Group operates in a wide range of industries, from property development and retail to hospitality and food services. The gambling and lottery business provides diversification, balancing out risks from other sectors that may be more prone to economic cycles or industry-specific challenges.
• For example, while property or retail businesses might face downturns during economic slowdowns, the gambling business tends to remain resilient.

5. Cash-Flow for Expansions and Investments

• The cash flow generated from BJAssets’ gambling and Sports Toto businesses enables Berjaya Group to invest in other ventures. The group’s expansion into hotels, resorts, and international businesses has often been funded by the steady flow of cash from its gaming operations.
• Sports Toto has also expanded internationally, including investments in the UK through its subsidiary, Berjaya Sports Toto (BST).

6. High Public Demand

• Gambling, particularly lotteries and number-forecasting games, has significant demand in Malaysia. The appeal of a potential windfall makes these games attractive to large segments of the population. Sports Toto is a well-established brand with decades of trust, which ensures a strong customer base.

7. Real Estate Connection

• BJAssets Berhad, which focuses on property development and investments, owns assets like Berjaya Times Square, a major commercial and retail property in Kuala Lumpur. The presence of casinos and gaming operations, including outlets for Sports Toto, adds value to these real estate assets by driving foot traffic and boosting related businesses like retail and hospitality.

8. Tourism and Entertainment Value

• The gaming sector is not only about gambling but also about entertainment, often tied with hospitality and tourism. Berjaya’s casinos and gaming venues attract tourists, further enhancing revenue for the group’s hospitality businesses such as hotels and resorts.

9. Cross-Brand Synergy

• There is a synergy between the Berjaya Group’s various businesses, particularly in property and gaming. For instance, tourists visiting Berjaya’s hotels or shopping at their retail properties can easily access gaming facilities, thus driving up revenue for both segments.

Conclusion

The gambling businesses of BJAssets Bhd and Sports Toto are valuable to the Berjaya Group because they provide a stable, high-margin, and consistent revenue stream. This income not only contributes to the group’s overall profitability but also funds expansion into other industries, supports diversification, and ensures a steady cash flow even during economic downturns. The limited competition due to licensing, coupled with the high demand for gambling services, further solidifies these businesses as core assets to the Berjaya Group.

Posted by Good123 > 1 month ago | Report Abuse

For Berjaya Assets Berhad (BJAssets), financial reengineering to maximize shareholder value can involve a mix of strategies to optimize its financial structure, improve operational efficiency, and better manage its asset portfolio. Here are some approaches:

1. Debt Restructuring and Capital Optimization

Optimize Debt Levels: BJAssets can consider refinancing existing debts at lower interest rates or extending maturity dates to improve cash flow. By reducing interest expenses, the company can enhance profitability.

Issuance of Bonds or Hybrid Instruments: BJAssets might issue bonds or convertible securities to raise capital for new projects or to refinance high-cost debt, balancing risk and return for shareholders.


2. Asset Monetization and Divestment

Sell Non-Core Assets: BJAssets could identify underperforming or non-essential assets (like certain properties or subsidiaries) and divest them to free up capital, which can be reinvested in core, high-growth areas.

Unlock Real Estate Value: Considering its significant real estate holdings, BJAssets can explore options like sale-and-leaseback arrangements, setting up a Real Estate Investment Trust (REIT), or even outright sales to generate liquidity and reduce the burden of property management.


3. Business Segment Spin-offs

Gaming and Leisure Segment Spin-off: If BJAssets has gaming or leisure assets, creating a separate entity through a spin-off can help in attracting investors who are interested in that specific sector. This can lead to better valuation as each segment would be analyzed on its own merits.

Property Development and Hospitality Division IPO: BJAssets could consider listing its property and hospitality segments separately, which can bring in new capital and provide investors with more focused investment opportunities.


4. Cost Reduction and Operational Efficiency

Streamline Operations: Implement cost-cutting measures across its various business segments, focusing on reducing overheads, automating processes, and optimizing the supply chain.

Digital Transformation: Invest in technology to improve service delivery, particularly in areas like property management, hospitality, and retail, which can drive efficiency and enhance customer experiences.


5. Strategic Partnerships and Mergers

Joint Ventures in Real Estate Development: Partnering with other developers or property management companies could lead to shared investment and reduced financial risk in new projects, especially for high-capital developments.

Acquisitions in Gaming, Hospitality, and Retail: Expanding its portfolio through strategic acquisitions can help BJAssets to diversify revenue streams, tap into new markets, and strengthen its core business.


6. Shareholder-Friendly Policies

Share Buybacks: If BJAssets has surplus cash, repurchasing its own shares could increase the earnings per share (EPS) and potentially improve stock prices, signaling confidence in its financial health.

Revisit Dividend Policy: Implementing or enhancing a consistent dividend policy could attract investors looking for regular income, improving the attractiveness of BJAssets stock.


7. Capital Allocation and Risk Management

Efficient Allocation of Capital: Redirecting capital to higher-margin businesses or those with growth potential, while scaling back from less profitable ventures, can help optimize returns.

Effective Risk Management: Implementing hedging strategies to mitigate exposure to interest rate changes, currency fluctuations, or other financial risks can stabilize the company’s earnings.


8. Expanding Revenue Streams

Diversify into High-Growth Areas: BJAssets can explore new sectors or geographic regions with high-growth potential, possibly through partnerships or new projects, to enhance its revenue base.

Leverage Existing Assets: By maximizing the use of its existing assets, such as turning properties into mixed-use developments or enhancing gaming and retail spaces, BJAssets can drive higher returns.


These strategies can help Berjaya Assets Berhad streamline its operations, improve financial efficiency, and ultimately enhance shareholder value by focusing on profitability, risk management, and strategic growth.

Posted by Good123 > 1 month ago | Report Abuse

BJCorp might consider privatizing BJAssets and what challenges or advantages such a move might present.

Possible Reasons for Privatization:

1. Undervaluation in the Stock Market:
• If BJAssets’ shares are perceived to be undervalued, BJCorp might see an opportunity to privatize the company by buying up the remaining shares at a lower price than its intrinsic value. This would allow BJCorp to fully control the company and potentially sell or restructure assets for a profit later.
2. Streamlining the Corporate Structure:
• BJCorp might wish to simplify its group structure by consolidating BJAssets under its full control, reducing the complexity of managing a publicly listed subsidiary. This could lower administrative costs and align BJAssets more closely with BJCorp’s broader strategic objectives.
3. Full Control for Strategic Decisions:
• Full ownership of BJAssets would allow BJCorp to have more freedom to execute strategic decisions without the need for approval from minority shareholders. This could be particularly important if BJCorp sees opportunities for significant restructuring, asset sales, or new ventures involving BJAssets.
4. Improved Operational Efficiency:
• By taking BJAssets private, BJCorp can focus on long-term strategic goals rather than short-term market pressures. This could improve operational efficiency as the company may no longer need to comply with public reporting requirements and other obligations of being a listed company.
5. Potential Synergies:
• If BJCorp believes there are synergies between its core business and BJAssets’ operations, it may see privatization as a way to capture more value through integrated management and operations, leading to cost savings and revenue enhancements.

Posted by Good123 > 1 month ago | Report Abuse

Privatizing BJAssets could make strategic sense for BJCorp if it sees untapped value in the company, potential for operational synergies, or if it wants to simplify the corporate structure.

Posted by Good123 > 1 month ago | Report Abuse

Focusing more on BJAsset Bhd over BJFoods Bhd could be justified by several strategic and financial considerations:

1. Stable and Diversified Income Streams: BJAsset Bhd, a property investment and development company, generally benefits from long-term rental income, property appreciation, and development profits, which provide more stable and predictable revenue streams. This contrasts with BJFoods, which operates in the food and beverage industry, a sector highly susceptible to fluctuations in consumer spending, commodity prices, and economic cycles. BJAsset’s diversified portfolio in real estate offers better insulation against these volatile factors.
2. Growth Potential in Real Estate: The property market, particularly in prime locations, offers significant long-term growth opportunities. With urbanization trends, rising demand for commercial spaces, and the potential for property development, BJAsset Bhd is positioned to capitalize on the appreciating value of its assets. In contrast, BJFoods Bhd is more limited by market saturation, intense competition in the F&B sector, and shifting consumer preferences, which may cap its growth prospects.
3. Less Sensitivity to External Shocks: Real estate investments tend to be less sensitive to external shocks, such as inflation, geopolitical instability, or economic downturns, compared to the food industry. BJFoods is vulnerable to changing consumer behaviors, supply chain disruptions, and cost pressures (e.g., raw material price hikes), which can affect profitability. BJAsset, on the other hand, can better weather economic downturns, as property values may hold steady or recover faster.
4. Capital Appreciation and Asset Value: BJAsset Bhd’s real estate assets naturally appreciate over time, providing a stronger foundation for capital growth. Real estate offers tangible asset value, and property investments typically appreciate, even in inflationary environments. BJFoods’ focus on quick-service restaurants and consumer products offers less tangible capital growth, and the brand value is more prone to fluctuations based on trends and consumer loyalty.
5. Higher Returns on Assets and Capital: BJAsset may offer higher returns on investment through strategic property management, development projects, and rental yields, especially in a recovering property market. In contrast, BJFoods, which operates in the low-margin, high-volume food industry, might not offer the same return on assets (ROA) or return on equity (ROE), as its margins can be squeezed by rising costs, competition, and operational risks.
6. Market Confidence and Investor Sentiment: Investors often perceive real estate companies as more resilient and less prone to short-term volatility. If BJFoods is experiencing a downturn due to operational challenges, changing consumer preferences, or declining sales, focusing on BJAsset can help restore investor confidence. BJAsset’s tangible asset base and longer-term growth potential are more appealing for risk-averse investors.

In conclusion, shifting focus toward BJAsset Bhd is a more defensive and growth-oriented strategy, offering more stable income, lower operational risk, and significant capital appreciation potential compared to the challenges faced by BJFoods Bhd in the competitive and fluctuating F&B sector.

Posted by Good123 > 1 month ago | Report Abuse

BJAssets (Berjaya Assets Berhad) is often considered a “jewel” within the Berjaya Corporation Bhd (BJCorp) group due to several factors that make it a valuable asset within the conglomerate. Here are some reasons why BJAssets holds a prestigious position:

1. Prime Property Holdings: BJAssets owns high-value real estate in strategic locations, particularly in Johor Bahru. This includes Berjaya Waterfront, a prominent mixed-use development comprising retail, hotel, and entertainment properties, which attracts significant local and international visitors.
2. Gaming and Entertainment: BJAssets has a stake in the gaming industry through its subsidiary, gambling biz in Borneo , which provides a steady revenue stream. The gaming sector, especially through lottery and number forecasting games, is a consistent cash generator.
3. Diverse Revenue Streams: The company has diverse interests spanning real estate, hospitality, and entertainment. This diversity helps cushion the company from market volatility and economic downturns, creating a stable financial foundation.
4. High-Value Hospitality Assets: BJAssets manages high-end hotels and resorts, adding to its revenue from tourism and hospitality, which have strong growth potential, especially post-pandemic.
5. Strategic Position in Johor Bahru: Johor Bahru is a critical area for cross-border trade and tourism between Malaysia and Singapore. BJAssets’ holdings in this region position it to benefit from increasing economic activity.

Due to its diversified portfolio and strategic real estate and gaming assets, BJAssets is considered a key contributor to BJCorp’s overall value and growth potential.

Posted by Good123 > 1 month ago | Report Abuse

Vincent Tan, the founder and chairman of Berjaya Group, has significant investments in various businesses, including Berjaya Assets Berhad (BJAssets). Here are a few reasons why he may not want BJAssets to fail and considerations regarding potential privatization:

1. Strategic Importance: BJAssets is involved in diverse sectors such as property development, gaming, and retail. Its performance impacts the overall portfolio of Berjaya Group. Ensuring its success helps maintain the group's market position and financial stability.


2. Reputation and Legacy: As a prominent entrepreneur in Malaysia, Tan likely values his reputation and legacy. Allowing BJAssets to fail could adversely affect his image and the trust of investors and stakeholders.


3. Market Opportunities: BJAssets may have untapped potential in its business segments. By investing in restructuring or new initiatives, Tan could aim to unlock value and enhance profitability.


4. Financial Support: Tan has historically supported his companies during challenging times, often infusing capital or restructuring debt to stabilize operations.



Possibility of Privatization

Privatization of BJAssets could be a viable strategy for several reasons:

Operational Flexibility: Being privately held would allow BJAssets to make strategic decisions without the pressure of public scrutiny or short-term market expectations.

Focus on Long-Term Goals: Privatization can enable the management to focus on long-term growth and strategic initiatives rather than quarterly earnings reports.

Enhanced Control: Tan would have greater control over the company's direction and operations, which might facilitate quicker decision-making and implementation of changes.

Market Conditions: If market conditions are unfavorable for public companies, privatization might be seen as a way to shield the business from external volatility.


In summary, Vincent Tan's commitment to BJAssets stems from strategic, reputational, and financial considerations. Privatization could be a potential route if he sees long-term benefits that outweigh the challenges of operating as a publicly listed entity.

Posted by Good123 > 1 month ago | Report Abuse

Here’s the translation into Malay:


---

Vincent Tan, pengasas dan pengerusi Kumpulan Berjaya, mempunyai pelaburan yang signifikan dalam pelbagai perniagaan, termasuk Berjaya Assets Berhad (BJAssets). Berikut adalah beberapa sebab mengapa beliau mungkin tidak mahu BJAssets gagal dan pertimbangan mengenai kemungkinan pengambilan swasta:

1. Kepentingan Strategik: BJAssets terlibat dalam sektor pelbagai seperti pembangunan hartanah, perjudian, dan runcit. Prestasinya memberi kesan kepada keseluruhan portfolio Kumpulan Berjaya. Memastikan kejayaannya membantu mengekalkan kedudukan pasaran kumpulan dan kestabilan kewangan.


2. Reputasi dan Legasi: Sebagai seorang usahawan terkemuka di Malaysia, Tan mungkin menghargai reputasi dan legasinya. Membiarkan BJAssets gagal boleh memberi kesan negatif kepada imejnya dan kepercayaan pelabur serta pemegang kepentingan.


3. Peluang Pasaran: BJAssets mungkin mempunyai potensi yang belum diterokai dalam segmen perniagaannya. Dengan melabur dalam penstrukturan semula atau inisiatif baru, Tan mungkin bertujuan untuk membuka nilai dan meningkatkan keuntungan.


4. Sokongan Kewangan: Tan secara sejarahnya telah menyokong syarikatnya semasa waktu sukar, sering kali memasukkan modal atau menyusun semula hutang untuk menstabilkan operasi.



Kemungkinan Pengambilan Swasta

Pengambilan swasta BJAssets mungkin merupakan strategi yang viabel untuk beberapa sebab:

Fleksibiliti Operasi: Sebagai entiti swasta, BJAssets akan mempunyai kebebasan untuk membuat keputusan strategik tanpa tekanan pengawasan awam atau jangkaan pasaran jangka pendek.

Fokus pada Matlamat Jangka Panjang: Pengambilan swasta boleh membolehkan pengurusan untuk memberi tumpuan kepada pertumbuhan jangka panjang dan inisiatif strategik berbanding laporan pendapatan suku tahunan.

Kawalan yang Ditingkatkan: Tan akan mempunyai kawalan yang lebih besar ke atas arah dan operasi syarikat, yang mungkin memudahkan pembuatan keputusan yang lebih cepat dan pelaksanaan perubahan.

Keadaan Pasaran: Jika keadaan pasaran tidak menguntungkan bagi syarikat awam, pengambilan swasta mungkin dilihat sebagai cara untuk melindungi perniagaan daripada turun naik luaran.


Kesimpulannya, komitmen Vincent Tan terhadap BJAssets berpunca daripada pertimbangan strategik, reputasi, dan kewangan. Pengambilan swasta boleh menjadi laluan yang berpotensi jika beliau melihat manfaat jangka panjang yang melebihi cabaran beroperasi sebagai entiti yang tersenarai di awam.

Posted by Good123 > 1 month ago | Report Abuse

Here’s the translation into Chinese:


---

文森特·陈（Vincent Tan）是Berjaya集团的创始人和主席，在包括Berjaya Assets Berhad（BJAssets）在内的多个企业中拥有重要投资。以下是他可能不希望BJAssets失败的几个原因，以及关于潜在私有化的考虑：

1. 战略重要性：BJAssets涉及多个行业，如房地产开发、博彩和零售。其业绩影响着Berjaya集团的整体投资组合。确保其成功有助于维持集团的市场地位和财务稳定。


2. 声誉与遗产：作为马来西亚著名企业家，陈可能非常重视自己的声誉和遗产。允许BJAssets失败可能会对他的形象产生负面影响，并影响投资者和利益相关者的信任。


3. 市场机会：BJAssets在其业务领域可能存在尚未开发的潜力。通过投资于重组或新项目，陈可能希望释放价值并提高盈利能力。


4. 财务支持：历史上，陈在困难时期通常会支持他的公司，常常通过注资或重组债务来稳定运营。



私有化的可能性

BJAssets的私有化可能是一个可行的策略，原因包括：

运营灵活性：作为私人公司，BJAssets可以在没有公众监督或短期市场预期压力的情况下做出战略决策。

专注于长期目标：私有化可以使管理层专注于长期增长和战略举措，而不是季度收益报告。

增强控制权：陈将对公司的方向和运营拥有更大的控制权，这可能使得决策更快且更易于实施变革。

市场条件：如果市场条件对上市公司不利，私有化可能被视为保护企业免受外部波动的方式。


总之，文森特·陈对BJAssets的承诺源于战略、声誉和财务方面的考虑。如果他看到长期利益超过作为上市公司运营的挑战，私有化可能成为一个潜在的方向。

Posted by Good123 > 1 month ago | Report Abuse

The willingness of a Malay individual to head Berjaya Assets Berhad (BJAssets) as Managing Director (MD), despite the company’s involvement in gambling businesses, can be attributed to several factors:

1. Business Acumen: Many professionals prioritize financial performance and growth opportunities over personal or cultural reservations. If the individual believes they can effectively manage and grow the business, they may see the role as a valuable career opportunity.


2. Regulatory Framework: Gambling is legal and regulated in Malaysia, including Borneo. The individual might feel comfortable operating within the legal framework and may see it as a legitimate business sector.


3. Cultural Attitudes: While some Malays may hold conservative views towards gambling, others may adopt a more pragmatic approach, recognizing it as a source of revenue and employment. The potential for job creation and economic development might outweigh personal beliefs about gambling.


4. Company Reputation and Performance: If BJAssets has a strong reputation, diversified portfolio, and robust financials, this could attract a talented individual willing to lead the company, seeing it as a chance to contribute to a successful organization.


5. Involvement in Other Businesses: BJAssets is not solely a gambling company; it also engages in property development, retail, and other sectors. The individual might be drawn to these other aspects of the business, viewing the role as a comprehensive leadership opportunity.


6. Support from Leadership: If the company's leadership, including Vincent Tan, provides strong backing and a clear vision for the future, it may encourage someone to take on the role despite the challenges associated with the gambling industry.



In summary, the decision to head BJAssets as MD, even with its gambling business, may stem from a combination of personal ambition, the potential for professional growth, and the understanding that the gambling sector is a regulated part of the economy in Malaysia.

Posted by Good123 > 1 month ago | Report Abuse

Seorang individu Melayu mungkin bersedia menerajui Berjaya Assets Berhad (BJAssets) sebagai Pengarah Urusan walaupun syarikat terlibat dalam perjudian kerana:

1. Peluang Kerjaya: Menilai potensi pertumbuhan dan prestasi kewangan syarikat sebagai peluang kerjaya berharga.


2. Kerangka Undang-Undang: Merasa selesa beroperasi dalam sektor yang sah dan diatur.


3. Pendekatan Pragmatik: Mengambil sikap pragmatik terhadap perjudian sebagai sumber pendapatan dan penciptaan pekerjaan.


4. Reputasi Syarikat: Tertarik kepada reputasi dan kewangan yang kukuh serta pelbagai sektor perniagaan.


5. Sokongan Kepimpinan: Didorong oleh sokongan dan visi jelas dari kepimpinan syarikat.



Secara keseluruhan, keputusan ini mungkin berpunca daripada gabungan cita-cita peribadi dan pemahaman terhadap peranan perjudian dalam ekonomi Malaysia.

.

Posted by Good123 > 1 month ago | Report Abuse

Tahniah😎😍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



Announcement Info
Company Name BERJAYA ASSETS BERHAD
Stock Name BJASSET
Date Announced 05 Jul 2024
Category Change in Boardroom
Reference Number C03-04072024-00005

Posted by Good123 > 1 month ago | Report Abuse

一个马来族人士愿意担任Berjaya Assets Berhad（BJAssets）的总经理，尽管公司涉及赌博业务，原因包括：

1. 职业机会：将公司的增长潜力和财务表现视为有价值的职业机会。


2. 法律框架：在合法且受监管的行业中感到舒适。


3. 务实态度：对赌博持务实态度，视其为收入来源和就业机会。


4. 公司声誉：被公司的声誉、强大的财务状况和多元化的业务吸引。


5. 领导支持：受到公司领导的支持和明确愿景的激励。



总体而言，这一决定可能源于个人雄心与对赌博在马来西亚经济中作用的理解。

Posted by Good123 > 1 month ago | Report Abuse

The largest shareholder of Berjaya Assets Berhad (BJAsset) is its parent company, Berjaya Corporation Berhad. BJAsset operates under the larger Berjaya Group, which is controlled by Vincent Tan, a prominent Malaysian businessman. Through Berjaya Corporation and associated entities, Tan holds significant influence over BJAsset’s business activities and decision-making. The company’s substantial shareholder structure aligns with Tan’s broader interests across hospitality, property development, and various other sectors, underscoring BJAsset’s strategic value within the Berjaya Group.

Posted by Good123 > 1 month ago | Report Abuse

Berjaya Assets Berhad (BJAssets) has benefited from its holdings in Johor, particularly in connection to the Iskandar Malaysia region’s ongoing development, which includes major projects like Forest City. BJAssets’ prominent assets in the area, such as the Berjaya Waterfront Complex, Berjaya Waterfront Hotel, and the Menara MSC Cyberport, position it strategically to leverage growth from Johor’s expanding infrastructure and foreign investment inflows. The company’s emphasis on hospitality and property development near Johor Bahru and the Singapore Causeway aligns with increased interest in the region’s commercial potential.

This development activity, coupled with Johor’s appeal as a key area for both domestic and international tourism and investment, has strengthened BJAssets’ potential for future revenue and market stability, contributing to favorable investor sentiment  .

Posted by Good123 > 1 month ago | Report Abuse

Yes, members of the Johor royal family reportedly hold significant shares in Berjaya Assets Berhad (BJAsset). This shareholding aligns with BJAsset’s strong business presence in Johor, especially at the Berjaya Waterfront Complex, which is a key property near the Malaysia-Singapore border. The involvement of royalty can enhance the company’s reputation and influence in the region, potentially boosting business interests and investor confidence .

Posted by Good123 > 1 month ago | Report Abuse

great!!!!!!!!!!!!Having members of the royal family on the board of directors of BJAssets Bhd can be beneficial for shareholders for several reasons:

### 1. **Credibility and Reputation**
- **Enhanced Credibility**: The association with royal family members can enhance the company's reputation, instilling confidence among investors and stakeholders.
- **Brand Strengthening**: The royal connection can strengthen the brand's image, potentially leading to increased customer loyalty and market presence.

### 2. **Network and Influence**
- **Access to Networks**: Royal family members often have extensive networks in both business and government. This can open doors for partnerships, collaborations, and business opportunities that might not be available otherwise.
- **Influence in Policy Making**: Their influence can also be beneficial in navigating regulatory environments and securing favorable terms in negotiations or contracts.

### 3. **Stability and Governance**
- **Long-term Commitment**: Members of the royal family may bring a sense of stability and commitment to the company, often focusing on long-term growth rather than short-term gains.
- **Corporate Governance**: Their involvement can enhance governance practices, ensuring that the company adheres to ethical standards and responsible business practices.

### 4. **Investor Confidence**
- **Attracting Investment**: The association with royal family members may attract investors who are looking for stable and reputable companies to invest in, potentially leading to higher stock prices.
- **Public Trust**: This connection can foster public trust and goodwill, which can be advantageous during economic downturns or crises.

### 5. **Strategic Insights**
- **Expertise and Experience**: Royal family members often have experience in various sectors, providing valuable insights and strategic guidance to the board.
- **Visionary Leadership**: Their leadership can help steer the company towards innovative and sustainable practices, which can enhance long-term profitability.

### 6. **Social Responsibility**
- **Philanthropic Initiatives**: Royal family members are often involved in social causes. Their influence can lead BJAssets Bhd to engage in corporate social responsibility (CSR) initiatives, enhancing its public image and community relations.

### Conclusion
The presence of royal family members on the board of BJAssets Bhd can provide numerous advantages for shareholders, including enhanced credibility, strategic networking, improved governance, and increased investor confidence. These factors can contribute to the company's overall growth and profitability, making it an attractive investment opportunity.

Posted by Good123 > 1 month ago | Report Abuse

buy some, more to come, annual report 2024 ... huat nanti..

RESOLUTION 12 - To renew shareholders’ mandate for Recurrent Related Party Transactions with companies in
which Berjaya Corporation Berhad and KDYMM Seri Paduka Baginda Yang Di-Pertuan Agong
Sultan Ibrahim are major shareholders.
RESOLUTION 13 - To renew shareholders’ mandate for Recurrent Related Party Transactions with a company in
which Tan Sri Dato’ Seri Vincent Tan Chee Yioun and KDYMM Seri Paduka Baginda Yang DiPertuan Agong Sultan Ibrahim are major shareholders.
RESOLUTION 14 - To renew authority for the Company to purchase its own shares

Posted by Good123 > 1 month ago | Report Abuse

AUDITORS
Deloitte PLT
LLP0010145-LCA (AF 0080)
Chartered Accountants
Level 16, Menara LGB
1 Jalan Wan Kadir
Taman Tun Dr. Ismail
60000 Kuala Lumpur

Posted by Good123 > 1 month ago | Report Abuse

BJAssets Bhd's potential for growth can be significantly influenced by its unique shareholder structure, particularly the Agong (the King of Malaysia) as one of its largest shareholders. Here’s an exploration of why this situation presents unlimited potential for the company:

### 1. **Strong Financial Backing**
- **Robust Capital Base**: Having the Agong as a major shareholder provides financial stability and backing. This can instill confidence in investors and other stakeholders, making it easier for BJAssets to secure funding for expansion and development projects.

### 2. **Enhanced Credibility and Trust**
- **Royal Endorsement**: The Agong’s involvement lends significant credibility to the company. This royal endorsement can enhance BJAssets’ reputation in the market, attracting both customers and investors who may prefer to engage with businesses associated with the monarchy.

### 3. **Access to Exclusive Opportunities**
- **Network and Influence**: The Agong's position can open doors to strategic partnerships and opportunities that might not be accessible to other companies. This can include government contracts, collaborations with other royal enterprises, and access to influential networks.

### 4. **Market Positioning**
- **Competitive Advantage**: The royal association can give BJAssets a competitive edge in the marketplace, especially in sectors where credibility and trust are paramount, such as real estate, finance, and infrastructure.

### 5. **Strategic Leadership and Vision**
- **Long-Term Perspective**: Royal family members often have a long-term vision for their investments. This focus on sustainability and growth can guide BJAssets in making strategic decisions that benefit the company over time, rather than seeking short-term profits.

### 6. **Government Relations**
- **Influence in Policy Making**: The Agong's status can facilitate smoother relations with government entities, potentially leading to favorable regulations, policies, and incentives that can benefit BJAssets’ operations and strategic goals.

### 7. **Commitment to Corporate Social Responsibility**
- **Focus on Community Development**: The Agong's involvement may encourage BJAssets to engage in socially responsible practices, enhancing its image and creating positive community relations. This can also attract socially conscious investors.

### 8. **Investor Confidence**
- **Attracting Investments**: The royal association can draw interest from both local and international investors looking for stable and reputable investments, leading to increased capital inflow and higher stock valuations.

### Conclusion
The involvement of the Agong as one of the largest shareholders in BJAssets Bhd creates a unique environment ripe with potential. This royal connection can enhance the company's credibility, provide access to exclusive opportunities, and foster strong government relations. As a result, BJAssets is well-positioned for sustained growth and success in the future, making it an attractive prospect for shareholders and investors alike.

Posted by Good123 > 1 month ago | Report Abuse

The decision of the Agong (the King of Malaysia) to invest in BJAssets Bhd rather than BJCorp could be influenced by several factors, reflecting both strategic considerations and the specific characteristics of each company. Here are some potential reasons:

### 1. **Business Focus and Strategy**
- **Core Business Alignment**: BJAssets Bhd may operate in sectors or markets that align more closely with the Agong's interests or investment strategy, such as real estate or infrastructure, which may offer long-term growth potential.
- **Specific Growth Opportunities**: BJAssets might have specific projects or initiatives that are seen as having higher potential returns or strategic importance compared to BJCorp’s focus.

### 2. **Management and Leadership**
- **Confidence in Management**: The leadership and management team at BJAssets may have demonstrated a strong track record of performance and strategic vision, instilling confidence in the Agong regarding the company’s future prospects.
- **Governance Practices**: BJAssets may have more robust governance structures or practices that align with the Agong's values, making it a more attractive investment.

### 3. **Market Conditions**
- **Current Market Trends**: Market dynamics at the time of investment might favor the sectors in which BJAssets operates. For instance, if real estate or logistics are experiencing growth, the Agong might see BJAssets as a better investment opportunity.
- **Risk Assessment**: BJAssets might be perceived as a lower-risk investment compared to BJCorp, which could be engaging in more volatile sectors or businesses.

### 4. **Financial Health and Performance**
- **Strong Financials**: BJAssets might have demonstrated stronger financial performance metrics (e.g., revenue growth, profitability, cash flow) compared to BJCorp, making it a more attractive investment option.
- **Valuation Considerations**: The valuation of BJAssets could be perceived as more favorable, offering better potential returns on investment relative to its price.

### 5. **Social and Economic Impact**
- **Contribution to Development**: BJAssets might be involved in projects that align with the Agong's vision for national development, infrastructure improvement, or social responsibility, making it a more appealing investment from a philanthropic perspective.

### 6. **Long-term Vision**
- **Focus on Sustainable Growth**: The Agong might prioritize investments that contribute to sustainable and long-term growth, which BJAssets could represent more effectively than BJCorp, depending on their respective strategies.

### Conclusion
The Agong's choice to invest in BJAssets Bhd instead of BJCorp likely stems from a combination of factors, including alignment with business focus, confidence in management, favorable market conditions, strong financial health, and a commitment to long-term, sustainable growth. These elements can significantly influence investment decisions, especially for high-profile investors like the Agong.

Posted by Good123 > 1 month ago | Report Abuse

vt ada projek raksaksa di johor bagi bjassets?

Posted by Good123 > 1 month ago | Report Abuse

Mandat obtained for share buyback😉

Circular/Notice to Shareholders
BERJAYA ASSETS BERHAD

Subject CIRCULAR/STATEMENT TO SHAREHOLDERS IN RELATION TO THE:- 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 attachment below.

Attachments
Berjaya Assets Berhad - Circular and Statement dated 28 October 2024.pdf
547.8 kB

Announcement Info
Company Name BERJAYA ASSETS BERHAD
Stock Name BJASSET
Date Announced 28 Oct 2024
Category Document Submission
Reference Number DCS-24102024-00031

Posted by Good123 > 1 month ago | Report Abuse

Agong as one of the major shareholders; buy some , accumulate in stages. I believe VT would try his best to make everyone richer 😜

Posted by Good123 > 1 month ago | Report Abuse

Foresee bjasset to sell off its gambling biz in borneo. Agong is one of the major shareholders dah.

More happenings to come

Posted by Good123 > 1 month ago | Report Abuse

A merger between BJ Asset Bhd and Sport Toto could be theoretically possible given that both companies operate within the gambling industry. However, several factors would influence the feasibility and implications of such a merger:

1. **Regulatory Approval**: The gambling industry is heavily regulated in Malaysia. Any merger would require approval from relevant regulatory bodies, such as the Ministry of Finance and gaming authorities. Compliance with legal requirements and regulations would be critical.

2. **Strategic Fit**: The two companies would need to assess how well their operations, markets, and corporate cultures align. A merger could offer synergies, such as expanded market reach or combined resources, but they would need to ensure that their business models complement each other.

3. **Market Competition**: A merger could potentially reduce competition in the gambling sector, which might attract scrutiny from regulators concerned about monopolistic practices. The companies would need to demonstrate that the merger would benefit consumers and the market overall.

4. **Financial Considerations**: The financial health of both companies would be a significant factor. They would need to evaluate their valuations, potential cost savings, and revenue growth opportunities post-merger.

5. **Public Perception**: The merger might face public scrutiny, especially considering the sensitive nature of the gambling industry. The companies would need to manage their public relations effectively to mitigate any negative perceptions.

6. **Integration Challenges**: Merging two organizations can be complex. Issues related to integrating systems, processes, and cultures would need to be addressed to ensure a smooth transition.

In summary, while a merger between BJ Asset Bhd and Sport Toto is possible given their shared industry focus, it would require careful consideration of regulatory, strategic, financial, and operational factors to ensure its success.

Posted by Good123 > 1 month ago | Report Abuse

Consolidating Vincent Tan's gambling businesses, particularly SPToto and BJ Assets, could offer several advantages:

1. **Operational Efficiency**: By merging operations, there can be a reduction in overhead costs. Streamlining processes and resources can lead to improved profitability.

2. **Brand Strengthening**: A unified brand can enhance recognition and customer loyalty. It simplifies the marketing strategy and can lead to a stronger market presence.

3. **Regulatory Compliance**: Consolidation may make it easier to navigate regulatory requirements by having a single entity focused on compliance, which can reduce legal risks.

4. **Diversified Offerings**: Combining the strengths of both companies could lead to a broader range of products and services, attracting a wider customer base.

5. **Economies of Scale**: Merging operations can create economies of scale, allowing for better negotiating power with suppliers and reducing costs.

6. **Innovation and Investment**: A consolidated entity may have more resources to invest in technology and innovation, keeping pace with industry trends and enhancing the customer experience.

7. **Focus on Core Competencies**: Consolidation allows the company to focus on its core competencies, improving overall performance and strategic alignment.

In summary, consolidating SPToto and BJ Assets could lead to enhanced efficiency, stronger branding, better compliance, diversified offerings, cost savings, innovation potential, and a more focused strategic approach.

Posted by Good123 > 1 month ago | Report Abuse

28sen; murah. Vincent mesti kayakan semua pemegang syer utama😁

Posted by Good123 > 1 month ago | Report Abuse

Time to fly 😎
NTA 0.7400
P/B 0.38
RPS 9.51
PSR 2.94
Market Cap 716.3M
Shares (mil) 2,558.28

Posted by Good123 > 1 month ago | Report Abuse

The Group operates through several key segments, namely Property Investment & Development and Gaming. Berjaya Assets
Berhad is renowned for its iconic project - the landmark Berjaya Times Square (“BTS”) in Kuala Lumpur, which was opened in 2003.
This impressive 48-storey, 203-meter twin tower serves as a major shopping and entertainment hub, covering over 7.5 million
square feet and featuring more than 1,000 retail outlets.
In 2024,theGroup launched Times Square 2 (“TS2”), an exciting mixed developmentlocated nextto BTS with seamless connectivity
to public transportation. TS2 offers 629 freehold serviced residential units in a 41-storey tower, and 17 retail lots, designed for
sustainable urban living and investment prosperity.
The Group’s property investments also include the Menara MSC Cyberport office units, Berjaya Waterfront Complex, Hotel and
Ferry Terminal in Johor Bahru, Malaysia, and the Islington on The Green apartments in London, UK. The Group is also involved in
gaming through Natural Avenue Sdn Bhd (“NASB”), a number forecast operator in Sarawak. NASB is the exclusive agent for Sarawak
Turf Club’s Special Cash Sweep number forecast lotteries since 1995.

Posted by Good123 > 1 month ago | Report Abuse

BOARD OF DIRECTORS
YAM Tunku Tun Aminah Binti
Sultan Ibrahim Ismail
Chairman/Non-Independent NonExecutive Director
Tan Sri Dato’ Seri Zulkefli Bin
Ahmad Makinudin
Deputy Chairman/Independent NonExecutive Director
Dato’ Hisham Bin Othman
Chief Executive Officer/Executive Director
Ahmad Radzi Bin Zaini
Managing Director
Chryseis Tan Sheik Ling
Executive Director
Datuk Wira Lye Ek Seang
Chan Kien Sing
Non-Independent Non-Executive
Directors
Mohd Shukor Bin Abdul Mumin
Dr Jayanthi Naidu G. Danasamy
Dato’ Rahim Bin Suboh
Independent Non-Executive Directors

Posted by Good123 > 1 month ago | Report Abuse

Times Square 2
(“TS2”) is well-positioned to meet the
rising demand for mixed-use spaces that
cater to both residential and commercial
needs. Located strategically in the heart
of Bukit Bintang, Kuala Lumpur, TS2 offers
629 freehold serviced residential units in
a 41-storey tower and 17 retail lots with
seamless access to Berjaya Times Square
and the Bukit Bintang City Centre as well
as a direct connection to the KL Monorail.

Posted by Good123 > 1 month ago | Report Abuse

As for the gaming business, Natural Avenue
Sdn Bhd (“NASB”) will remain resilient
in facing market headwinds from illegal
gaming activities and inflationary pressures
that are anticipated to curtail discretionary
spending. NASB will continue to work closely
with the authorities in curbing unlicensed
gaming activities in Sarawak as well as
actively engage with its customers through
social media and website. NASB also remains
dedicated to positively impacting its local
communities while ensuring responsible
and sustainable operations.

Posted by Good123 > 1 month ago | Report Abuse

Optimistic that with
the continued strengthening of domestic
demand and tourism activities, the property
investment, hotel and recreation businesses
will continue to improve their performance.

Posted by Good123 > 1 month ago | Report Abuse

Berjaya Times Square, Kuala Lumpur
Berjaya Times Square Sdn Bhd (“BTSSB”),
the principal subsidiary of BAssets, is the
major owner and manages Berjaya Times
Square (“BTS”) Mall in Kuala Lumpur.
BTS Mall is acknowledged as Malaysia’s largest
inner-city shopping cum leisure mall with
a gross built-up area of 7.5 million square
feet on a 10-acre piece of land. A Kuala
Lumpur landmark that is very popular among
tourists as well as locals, BTS Mall comprises
a 12-level shopping mall, two 46-storey
towers of service suites and hotel, 2 levels
of hotel facilities floors, 3 levels of office
floors, 5 levels of basement and 10 floors
of annexed car parks.
Entering its twenty-first year of operations,
BTS Mall has an occupancy rate of 90% as
at 30 June 2024.

Posted by Good123 > 1 month ago | Report Abuse

Times Square 2, Kuala Lumpur
The Times Square 2 (“TS2”) project is an
exciting new development by BTSSB,
was officially launched on 18 May 2024.
This mixed-use development is located
adjacent to BTS Mall and features 629
freehold serviced residential units with
built-up areas ranging from 488 to 1,356
square feet, along with 17 retail lots. The
residentialunits arepricedat approximately
RM1,500per squarefoot,withanestimated
gross development value (GDV) of RM625
million. Foundation works were completed
in March 2024, and main construction has
commenced, with the project expected to
be completed by the end of 2027.

Posted by Good123 > 1 month ago | Report Abuse

Menara MSC Cyberport, Johor Bahru
Menara MSC Cyberport is a premier ICT
hub located in the heart of Johor Bahru's
city centre, making it easily accessible for
businesses and visitors alike. Equipped
with state-of the-art facilities including a
business centre, gymnasium and cafeteria,
it is the first MSC Malaysia Cybercentre in
the southern region of Peninsular Malaysia
to be certified with ISO 9001:2000. Its
proximity to the Causeway connecting
Malaysia to Singapore and just opposite the
Customs, Immigration & Quarantine (CIQ)
complex provides excellent connectivity
for businesses that need to operate across
borders.
BTSSB owns 72 office units in Menara
MSC Cyberport with a total floor area
of approximately 278,432 square feet.
During the financial year under review, the
occupancy rate for Menara MSC Cyberport
dropped to 85% from being fully tenanted
in the previous financial year.
In July 2022, BTSSB entered into a Rent cum
Option to Purchase Agreement (RCOPA)
with Extreme Broadband Sdn Bhd (EBSB),
leasing 42 units for RM250,000 monthly,
while granting EBSB an option to purchase
all 72 units for RM69.6 million. The option
was exercised, leading to the execution of
a Sale and Purchase Agreement (SPA) on
15 October 2024.

Posted by Good123 > 1 month ago | Report Abuse

Berjaya Waterfront, Johor Bahru
Berjaya Waterfront (“BWF”) is a subsidiary
of BTSSB. Located strategically within the
government-sanctioned Iskandar Malaysia
economic zone, it manages BWF Hotel,
BWF Complex and BWF Ferry Terminal.
Its principal activity comprises a hotel,
shopping complex, car park and ferry
terminal operations.

Posted by Good123 > 1 month ago | Report Abuse

Hotel
The BWF Hotel is located within a 5-minute
drive from the main Causeway to Singapore.
With an inventory of 400 rooms and suites,
food and beverage outlets and function
rooms, the hotel provides convenient
access to Iskandar Malaysia, the southern
development corridor famed for its tourist
attractions, namely, Legoland Malaysia, and
Johor Premium Outlets.

Posted by Good123 > 1 month ago | Report Abuse

GAMING
Natural Avenue Sdn Bhd
Natural Avenue Sdn Bhd (“NASB”),
the exclusive agent for Sarawak Turf
Club’s Special Cash Sweep, has been
in operations since 1995. The principal
activities of NASB are the operation,
promotion and management of the
Special Cash Sweep’s 1+3D Big/Small
and 3D Big games in Sarawak with three
(3) normal draws a week. NASB currently
has 3 regional offices and 68 sales outlets.
Revenue
For the FY2024, NASB recorded a
decrease in revenue of 4.74% to RM76.3
million compared to the previous year’s
revenue of RM80.1 million. The decrease
was mainly due to lower number of draws
conducted in FY2024.
Profit Before Tax
NASB reported a profit before tax of
RM2.40 million compared to RM3.86
million in the previous financial year. The
lower results were mainly due to the lower
revenue and higher winning prize payouts.
Prospects
Fo l l o w i n g t h e G o v e r n m e n t’s
announcement of proposed adjustment
to the minimum wage and its efforts to
control inflation and the improving Gross
Domestic Product growth of 5.9% for
the second quarter of 2024, it is hopeful
that consumer spending in Sarawak will
improve, leading to a better local business
sentiment, including for the number
forecast operators (“NFO”).
NASB will continue to engage with its
customers through various information
channels, including social media and its
website, to keep them informed about
its business. NASB together with other
NFO will continue to collaborate and
work closely with the authorities to curb
unlicensed gaming activities in Sarawak.
Additionally,NASBwill continue toexplore
the introduction of new game variants and
mobile betting services, when permitted
by the relevant authorities.

Posted by Good123 > 1 month ago | Report Abuse

Belum revalued.

Location Tenure Size
Description/
Existing Use
Estimated Age
Of Building
Date Of
Acquisition
Net Carrying
Amount
RM’000
No. 273 & 274,
Lots 2545 & 2546
Centraland Commercial
Park, Off Jalan Rock,
Kuching, Sarawak
Leasehold
60 years
expiring on
5.5.2054
484.2
sq meter
4-storey shop
house/office
building used as
office and draw hall
3 0 years 31.8.2002 2,148
The Collins Theatre
1 Essex Road,
London N1 2SE
999 years Approximately
1 3 , 2 7 2
sq feet
Vacant for
development of
theatre/restaurants
/retail lots
2 9 years 23.8. 2012 23,854
1-17 Essex Road,
London
N1 2SE and 12A Islington
Green, London
N1 2XN London N12 SE
150 years 45,983
sq feet
70 fully furnished
residential units
2 9 years 1 5.8.2014 220,6 53
Lot PTB 24119,
Bandar Johor Bahru,
Daerah Johor Bahru,
Negeri Johor
Leasehold
99 years expiring
on 18.1.2114
2 5 .034
hectares
Sea bed for
reclaimation
Not applicable 9.1 1 . 2014 105,000
99 & 99A-C, Jalan
Tampoi,
81200 Johor Bahru,
Johor
Leasehold
60 years expiring
on 2031
2 1 7 , 1 8 3
sq feet
Multi-storey
car park
2 8 years 1 .1 1 .1997
15,346 4 2 4, 6 5 8
sq feet
Assembly plant &
administrative
office
5 7 years 22.4. 1968
NOTE:
The Group does not adopt a policy of regular valuation of its properties except for investment properties which are stated at fair
value.

Posted by Good123 > 1 month ago | Report Abuse

Location Tenure Size
Description/
Existing Use
Estimated Age
Of Building
Date Of
Acquisition
Net Carrying
Amount
RM’000
No. Geran 56069,
Lot 2001, Section 52,
Town and District of
Kuala Lumpur
(Berjaya Times Square,
Jalan Imbi, Kuala Lumpur)
Freehold 39, 5 9 1
sq meter
Shopping-cumleisure mall
>2 1 years 8.7.1994 2,020,50 1
No. Geran 56068,
Lot 2000, Section 52,
Town and District of
Kuala Lumpur
(No. 1, Jalan Imbi,
Kuala Lumpur)
Freehold 3,901
sq meter
Land for mixed
development
Not applicable 8.7.1994 49,551
No. Geran 33664,
Lot 165, Seksyen 94,
Bandar Kuala Lumpur,
Wilayah Persekutuan
Freehold 1 2 5
sq meter
Shop lot > 5 2 years 1 0 . 1 . 2012 2,500
Lots PTB 10707,
PTB 20006, PTB 20380,
PTB 20438,PTD 146378
& PTD 148062,
Bandar Johor Bahru,
Daerah Johor Bahru,
Negeri Johor
(Berjaya Waterfront,
Johor Bahru)
Freehold with
99 years lease
interest expiring
on 30.10.2092
5 7, 3 5 5
sq meter
5-level shopping
complex
2 7 years 1 0 .4. 2012 186,263
12-level 400 rooms
hotel, a ferry
terminal, a custom
& immigration
building
2 7 years 1 0 .4. 2012 93,952

Posted by Good123 > 1 month ago | Report Abuse

Lots PTB 24317 &
PTB 24318,
Bandar Johor Bahru,
Daerah Johor Bahru,
Negeri Johor
(Berjaya Waterfront,
Johor Bahru)
Freehold with
99 years lease
interest expiring
on 30.10.2092
19,825
sq meter
Vacant land Not applicable 1 0 .4. 2012 43,500
No. Geran 102261,
Lot 21393,
Bandar Johor Bahru,
Daerah Johor Bahru,
Negeri Johor
(Menara Cyberport,
Johor Bahru)
Freehold 25,867
sq meter
72 office units on a
purpose built
office tower
2 6 years 2 9 .4. 2015 83,630
Lots G-09, G-10, G-11
and G-12, Ground Floor,
Berjaya Times Square,
Jalan Imbi, Kuala Lumpur
Freehold 2 , 0 1 1
sq meter
Retail lots for rent >2 1 years 2 8 .6. 2012 36,260
Lots 8189 & 8190,
Town East, Jalan Pending,
Kuching, Sarawak
Leasehold
60 years
245
sq meter
4-storey shop house
/office building
3 6 years 1 3 .7.1996 423

Posted by Good123 > 1 month ago | Report Abuse

LIST OF THIRTY (30) LARGEST SHAREHOLDERS
No. Name of Shareholders No. of Shares %
1. Kebawah Duli Yang Maha Mulia Seri Paduka Baginda Yang Di-Pertuan Agong
Sultan Ibrahim
3 1 5,900,000 12.35
2. Alliancegroup Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Tan Sri Dato’ Seri Vincent Tan Chee Yioun (8087489)
1 3 6,895,000 5.35
3. Maybank Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for B & B Enterprise Sdn Bhd
1 2 1 ,562,300 4.75
4. MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Tan Sri Dato' Seri Vincent Tan Chee Yioun (MGN-VTC0001M)
120, 1 00,000 4.70
5. Berjaya Sompo Insurance Berhad 1 1 0,585,000 4.32
6. CIMB Group Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Tan Sri Dato' Seri Vincent Tan Chee Yioun (EDG&CBD)
9 8 , 1 00,000 3.83
7. Inter-Pacific Equity Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Pantai Cemerlang Sdn Bhd
8 1 ,986, 1 00 3.20
8. CGS International Nominees Malaysia (Tempatan) Sdn Bhd
Pledged Securities Account for B & B Enterprise Sdn Bhd (MY3764)
7 7 , 1 05,000 3.01
9. Berjaya Land Berhad 7 6,500,000 2.99
10. RHB Capital Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Tan Sri Dato’ Seri Vincent Tan Chee Yioun
6 7,500,000 2.64
11. Malaysia Nominees (Tempatan) Sendirian Berhad
Pledged Securities Account for Tan Sri Dato’ Seri Vincent Tan Chee Yioun (01-00856-003)
6 0,000,000 2.35
12. Malaysia Nominees (Tempatan) Sendirian Berhad
Pledged Securities Account for Tan Sri Dato’ Seri Vincent Tan Chee Yioun (01-00820-000)
6 0,000,000 2.35
1 3. Portal Access Sdn Bhd 57,1 64,836 2.23
1 4. Kenanga Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Tan Sri Dato’ Seri Vincent Tan Chee Yioun (Third Party)
55,460,000 2. 1 7
1 5. APEX Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Tan Sri Dato’ Seri Vincent Tan Chee Yioun (Margin)
53,3 6 1 ,800 2.09
16. Maybank Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Hotel Resort Enterprise Sdn Bhd
5 1 ,3 98,600 2.01
1 7. Inter-Pacific Equity Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Fabulous Channel Sdn Bhd (AF0010)
50,720,400 1.98
18. CIMB Group Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Tan Sri Dato’ Seri Vincent Tan Chee Yioun (49877 PDZM)
4 7,1 3 0,000 1.84
1 9. Abd Rahman Bin Soltan 45,038,000 1.76
20. CGS International Nominees Malaysia (Tempatan) Sdn Bhd
Pledged Securities Account for Tan Sri Dato’ Seri Vincent Tan Chee Yioun (MY3309)
4 1 ,500,000 1.62
21. RHB Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Hotel Resort Enterprise Sdn Bhd
4 1 ,01 5,200 1.60
22. CGS International Nominees Malaysia (Tempatan) Sdn Bhd
Pledged Securities Account for Berjaya VTCY Sdn Bhd (M3764D)
40,000,000 1.56
23. Fabulous Channel Sdn Bhd 33,500,000 1. 3 1
24. Inter-Pacific Equity Nominees (Tempatan) Sdn Bhd
IP Credits for Arsam Bin Damis (AA0023)
32 , 1 4 7 ,000 1.26
25. RHB Capital Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Berjaya VTCY Sdn Bhd
29,414,492 1. 1 5
26. Inter-Pacific Equity Nominees (Asing) Sdn Bhd
Berjaya Philippines Inc
29,350,000 1. 1 5
27. Inter-Pacific Equity Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Arsam Bin Damis (AA0023)
29,2 23,000 1. 1 4
28. Ambilan Imej Sdn Bhd 2 7,073,054 1.06
29. Kenanga Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Tan Sri Dato’ Seri Vincent Tan Chee Yioun
26,045,000 1.02
30. RHB Nominees (Tempatan) Sdn Bhd
OSK Capital Sdn Bhd for Portal Access Sdn Bhd
25,000,000 0.98
2,040, 774, 7 8 2 79.77

Posted by Good123 > 1 month ago | Report Abuse

Online Football betting, etc by bjassets?

Posted by Good123 > 1 month ago | Report Abuse

Nice🫵🏻 Vincent Tan might consider making BJAsset Bhd prominent due to strategic benefits associated with the Agong (Malaysia’s king) being a major shareholder. With the Agong’s stake, BJAsset Bhd would gain a significant level of credibility and potential influence in the business community, as well as favorable perceptions and trust from the public and potential investors. Additionally, having a high-profile shareholder could open doors for government contracts, partnerships, and smoother regulatory processes.

For Vincent Tan, leveraging this relationship could drive BJAsset Bhd’s growth and positioning, especially within industries tied to national infrastructure or development, where having support from influential figures could be advantageous.

Posted by Good123 > 1 month ago | Report Abuse

Bjasset vs bjfood; judi stok lagi hot 😜

Posted by Good123 > 1 month ago | Report Abuse

bjassets rm1 pun takda isu bila dapat online betting lesen

Posted by Good123 > 1 month ago | Report Abuse

Bjassrts applying for online betting🥳
Additionally,NASBwill continue toexplore
the introduction of new game variants and
mobile betting services, when permitted
by the relevant authorities.

YAM Tunku Tun Aminah Binti
Sultan Ibrahim Ismail
Chairman/Non-Independent NonExecutive Director

Source: annual report 2024

Posted by Good123 > 1 month ago | Report Abuse

Berjaya Assets Berhad (BJAsset) is a Malaysian conglomerate involved in property development, investment, and gaming. The company operates various forecast lotteries in Sarawak and provides lottery consultancy and related services. 

In Malaysia, the gaming industry is highly regulated, with licenses for online betting being scarce and subject to stringent government oversight. The regulatory environment has seen recent changes, including tax, license, and duty hikes, adding pressure to operators. 

Obtaining an online betting license could potentially expand BJAsset’s market reach and revenue streams. However, the company would need to navigate the complex regulatory landscape and address societal concerns associated with online gambling.

In summary, while securing an online betting license could offer growth opportunities for BJAsset, it would require careful consideration of regulatory compliance and market dynamics.