Its a proxy to economy recovery as the group covers extensively in every aspect of our life on 2 billion revenue, within malaysia and other countries like Vietnam. So if we believe the recovery is on the right path, with professional CEO background and network, there is a lot of unleash the potential of the assets. We shall see it can come quickly to the glory days of BJ Corp.
The CEO also is a fund manager before. He will be applying to get Berjaya Corp out of the Regulated Short Listing List . ASAP. Smart people think alike
Replacing one rubber stamp with another rubber stamp is not going to solve anything, la. Didn't they rope in royalty not too long ago as well? How did that turn out? Just wait until he brings in all his abang-adik to fill the ranks. That will be the beginning of the end.
If you need rubber stamps just keep the Son as Group CEO...why create a new Deputy Exec Chaiman position and pay for a new professional Group CEO headhunted by Mahathir's govt for PNB earlier, to chart BJGroup's New directions. Don't think Jalil comes cheap? m16454 earned 300k this morning. goodbye Good for you...but weren't u the pessimistic one waiting at 10 sens to buy?
When a rubber stamp has expired a new rubber stamp is needed to lift *cough* investor's confidence. Just relax, grab yourself some popcorn and watch the drama unfold.
The media is only good at singing praises. I doubt he will succeed for the following reasons:
1. BCorp is not a GLC they are different animals and the Gov't can't bail it out at anytime. 2. He worked in investment firms, no operational experience in running a conglomerate and no proven track record in business transformation. 3. 38 years old? He will have a very hard time battling the warlords and empresses' in the group whose average age is about 60 years old. Hell, even the 'son' couldn't touch them.
Nevertheless, there may be some short term wins based on connections alone but it will not be sustainable.
So far so good..looking forward to bigger things to come and the much delayed corporate restructuring announce earlier by TSVT.
"BCorp announced that Jali will be involved in all strategic decision-making and planning of the future business direction of the group.
BCorp has several listed subsidiaries in its fold, namely Berjaya Sports Toto Bhd (BToto), Berjaya Land Bhd, Berjaya Food Bhd, Berjaya Assets Bhd and 7-Eleven Malaysia Holdings Bhd.
It also owns several non-listed businesses, such as telecommunications company (telco) U Mobile.
Appointed new CEO worth this market price? Consider fair. Why? New hope and new show. To inches further, bjland the issue? What's you guys think ? For newbie, the traps from the past , please study before you helping them new and old kill all
What can this yuppie do that VT can't? At the end of the day, it will still be VT's call. All this is wayang kulit. So, if an unfavourable decision is taken on BJLAND's privatisation, blame it on this yuppie then.
i think this time around it will stand above 20sen since overall the market is on the UPTREND n bj corp just cannot stay at the former price for too long.
这是开始吗? Abdul Jalil’s mandate will be to relook Berjaya Corp’s corporate structure, optimise financial and human resources, improve synergies and efficiency, enhance corporate governance and transparency, streamline the various group businesses to create and enhance shareholder value and to transform Berjaya Corp into a high-performing organisation.
“After many decades of running this group, having endured and survived several global financial crises over the years and with the latest Covid-19 pandemic and economic downturn which have not spared the Berjaya Group as well, both Robin and I realised and decided it’s time that we streamline the way the organisation is managed, and relook at our various businesses, our strengths and shortcomings, and how to make sure that going forward we are future-proofed to meet the challenges of any external shocks.
“I am looking forward to working closely with Robin and Abdul Jalil to achieve this objective and to put the group on a stronger footing for the future,” Vincent noted in the statement on Tuesday.
As an example on Dnex CEO appointment, it took 3 months from 20cents to 97 cents today, as long as the person has credential and do the right things for the investor, it will fly in a short time. Check out Dnex story...
After 9 months of advising companies and family offices, practicing on my tennis, picking up golf. It’s time to get busy again.
I’ve accepted the position of Group CEO of Berjaya Corporation Berhad , a sprawling conglomerate, based in KL that is (directly or indirectly) involved in consumer, retail, financial services, real estate, hospitality, food, telecommunications & football clubs!
My mandate will be to relook at the corporation’s structure, operating entities, streamline and future proof the businesses. It’s a wide ranging responsibility that I’m privileged to be given.
Most importantly, Berjaya Corporation Berhad will be undergoing an institutionalisation phase. Looking forward to the challenge and working with my new colleagues.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Manin40
542 posts
Posted by Manin40 > 2021-03-17 11:40 | Report Abuse
Its a proxy to economy recovery as the group covers extensively in every aspect of our life on 2 billion revenue, within malaysia and other countries like Vietnam. So if we believe the recovery is on the right path, with professional CEO background and network, there is a lot of unleash the potential of the assets. We shall see it can come quickly to the glory days of BJ Corp.