KLSE (MYR): BJASSET (3239)
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Last Price
0.29
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-0.005 (1.69%)
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Ann. Date | Date | Time | Type | Venue | View |
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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.
1 month ago
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
1 month ago
AUDITORS
Deloitte PLT
LLP0010145-LCA (AF 0080)
Chartered Accountants
Level 16, Menara LGB
1 Jalan Wan Kadir
Taman Tun Dr. Ismail
60000 Kuala Lumpur
1 month ago
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.
1 month ago
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.
1 month ago
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
1 month ago
Agong as one of the major shareholders; buy some , accumulate in stages. I believe VT would try his best to make everyone richer 😜
1 month ago
Foresee bjasset to sell off its gambling biz in borneo. Agong is one of the major shareholders dah.
More happenings to come
1 month ago
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.
1 month ago
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.
1 month ago
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
1 month ago
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.
1 month ago
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
1 month ago
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.
1 month ago
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.
1 month ago
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.
1 month ago
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.
1 month ago
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.
1 month ago
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.
1 month ago
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.
1 month ago
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.
1 month ago
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.
1 month ago
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.
1 month ago
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
1 month ago
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
1 month ago
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
1 month ago
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.
1 month ago
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
1 month ago
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.
1 month ago
😮 Berjaya Assets Berhad (BJASSET) adalah syarikat yang terlibat dalam pelbagai sektor, termasuk pembangunan hartanah, aktiviti perjudian, dan perkhidmatan hotel serta rekreasi. Salah satu anak syarikat utama BJASSET adalah Sports Toto Malaysia Sdn Bhd, yang mengendalikan perniagaan perjudian nombor ramalan di Malaysia.
Kelebihan Aktiviti Perjudian bagi BJASSET:
1. Sumber Pendapatan Stabil: Perniagaan perjudian, khususnya nombor ramalan, telah menjadi sumber pendapatan yang stabil dan signifikan bagi BJASSET. Sebagai salah satu pengendali perjudian terbesar di Malaysia, ia menyumbang aliran tunai yang konsisten kepada syarikat. 
2. Diversifikasi Portfolio: Dengan terlibat dalam sektor perjudian, BJASSET dapat mempelbagaikan sumber pendapatannya, mengurangkan risiko yang berkaitan dengan ketergantungan pada satu sektor sahaja.
3. Sinergi dengan Sektor Lain: Pendapatan daripada aktiviti perjudian boleh digunakan untuk menyokong dan membiayai projek dalam sektor lain yang diceburi oleh BJASSET, seperti pembangunan hartanah dan perkhidmatan hotel.
Pertimbangan:
Walaupun aktiviti perjudian memberikan manfaat kewangan kepada BJASSET, syarikat juga menghadapi cabaran seperti perubahan dalam peraturan industri dan persepsi awam terhadap perjudian. Oleh itu, adalah penting bagi BJASSET untuk terus memantau dan menyesuaikan strategi perniagaannya agar selaras dengan perubahan dalam landskap industri dan keperluan pasaran.
1 month ago
Perjudian di Malaysia adalah sah dan dikawal selia di bawah undang-undang tertentu. Aktiviti perjudian yang dibenarkan termasuk loteri, pertaruhan sukan, dan permainan kasino yang dikendalikan oleh syarikat berlesen seperti Magnum, Sports Toto, dan Genting Malaysia. Aktiviti-aktiviti ini beroperasi di bawah pengawasan ketat pihak berkuasa untuk memastikan pematuhan kepada peraturan yang ditetapkan.
Namun, perjudian dalam talian adalah isu yang lebih kompleks. Walaupun terdapat permintaan yang meningkat untuk perjudian dalam talian, undang-undang sedia ada tidak secara khusus mengawal selia aktiviti ini. Akta Rumah Perjudian Terbuka 1953 hanya melibatkan penguatkuasaan terhadap kegiatan judi di premis dan bukannya secara dalam talian. Oleh itu, terdapat kekosongan dalam pengawalan perjudian dalam talian, yang menyukarkan pemantauan dan penguatkuasaan. 
Pihak berkuasa Malaysia, termasuk Suruhanjaya Komunikasi dan Multimedia Malaysia (MCMC), telah mengambil langkah-langkah untuk menangani isu ini dengan menyekat laman web yang mempromosikan perjudian dalam talian dan meningkatkan kesedaran awam mengenai risiko terlibat dalam aktiviti tersebut. 
Secara keseluruhan, perjudian adalah sah di Malaysia dengan syarat ia mematuhi undang-undang dan peraturan yang ditetapkan. Aktiviti perjudian dalam talian, bagaimanapun, memerlukan perhatian khusus dan penggubalan undang-undang yang lebih komprehensif untuk memastikan ia dikawal selia dengan berkesan.
1 month ago
direct biz transactions:
History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
03/09/2024 00:00:00 0.4000 0.1050 28.500m 28.500m 11.400m 11.400m 0.4000 1.1140 -
05/07/2024 00:00:00 0.3300 0.0300 15.000m 15.000m 4.950m 4.950m 0.3300 0.5863 -
24/01/2024 00:00:00 0.5500 0.1400 10,000 10,000 5,500 5,500 0.5500 0.0004 -
27/07/2023 00:00:00 0.3000 0.0050 12.000m 12.000m 3.600m 3.600m 0.3000 0.4691 -
1 month ago
The gambling business is often considered a jewel in BJAsset Bhd for several reasons:
1. **High Profit Margins**: Gambling operations typically generate high profit margins compared to other industries, leading to substantial revenue.
2. **Consistent Demand**: The gambling sector often enjoys steady demand, as many consumers view it as a form of entertainment, which can help stabilize income even during economic downturns.
3. **Diversification**: For BJAsset Bhd, having a strong gambling business can diversify its revenue streams, reducing reliance on other sectors that may be more volatile.
4. **Growth Potential**: The gambling industry has significant growth potential, especially with the expansion of online gambling and emerging markets, which can increase BJAsset's market share.
5. **Regulatory Environment**: If the regulatory framework is favorable, it can enhance profitability and provide a competitive advantage.
6. **Brand Loyalty**: Established gambling operations often develop strong brand loyalty, attracting repeat customers and driving long-term revenue.
These factors combined contribute to the perception of the gambling business as a valuable asset for BJAsset Bhd.
1 month ago
BERJ Historical Data
Time Frame
Monthly
Download
11/04/2022 - 11/04/2024
Date
Price
Open
High
Low
Vol.
Change %
Nov 01, 2024 0.275 0.270 0.275 0.265 141.20K -1.79%
Oct 01, 2024 0.280 0.285 0.300 0.260 2.56M -1.75%
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%
1 month ago
Berjaya Assets Berhad is a prominent player in the gaming and leisure industry, and there are several reasons why it might be seen as likely to secure an online betting license:
1. **Established Presence**: Berjaya has a long history in the gaming sector, with established operations and a recognized brand. This experience can enhance its credibility when applying for a license.
2. **Regulatory Framework**: The Malaysian government has been exploring the regulation of online betting. If the regulatory environment becomes more favorable, companies like Berjaya, with existing licenses for physical operations, may have an advantage in transitioning to online platforms.
3. **Infrastructure and Technology**: Berjaya has the necessary infrastructure and technology in place to support online betting operations. This readiness can be a significant factor in gaining approval from regulators.
4. **Market Demand**: There is a growing demand for online gaming and betting services, particularly post-pandemic. Berjaya may be well-positioned to capitalize on this trend, making it a strong candidate for a license.
5. **Financial Strength**: A strong financial position can be appealing to regulators. If Berjaya demonstrates robust financial health, it may increase its chances of obtaining a license.
6. **Responsible Gaming Initiatives**: Companies that prioritize responsible gaming practices and demonstrate a commitment to player protection are often viewed favorably by regulators. If Berjaya has such initiatives in place, it could enhance its application.
7. **Strategic Partnerships**: Forming alliances with technology providers or other stakeholders in the online betting space can strengthen Berjaya's position and appeal to regulators.
While these factors suggest that Berjaya Assets Berhad may have a good chance of obtaining an online betting license, it’s essential to consider the evolving regulatory landscape and market dynamics that could impact the licensing process.
1 month ago
As of the most recent updates, U Mobile is a major telecommunications provider in Malaysia offering a range of services, including 4G and 5G. Here’s an overview of its ownership and involvement in 5G development:
Major Shareholders in U Mobile
1. U Television Sdn Bhd (UTV):
• U Mobile is primarily owned by U Television Sdn Bhd (UTV), which is part of the Berjaya Corporation Group. Berjaya Corporation was founded by Malaysian business tycoon Tan Sri Vincent Tan, who has historically been associated with U Mobile’s parent company.
• Vincent Tan remains one of the influential figures connected to U Mobile’s ownership, though the company may also have a diversified structure involving other investors.
2. Straits Mobile Investments Pte Ltd:
• Straits Mobile Investments Pte Ltd, a subsidiary of Singapore’s Singtel, once held a minority stake in U Mobile. However, Singtel exited its stake in 2018, and U Mobile has since continued its operations independently without Singtel’s direct involvement.
3. Institutional Investors:
• U Mobile may also have other institutional investors who contribute capital, though UTV remains the primary shareholder.
U Mobile’s Role in 5G Development in Malaysia
• 5G Spectrum Allocation:
• U Mobile, along with other major telecommunications operators in Malaysia, is part of the government’s 5G rollout initiative, managed through Digital Nasional Berhad (DNB), a government-owned special purpose vehicle created to build and manage Malaysia’s 5G network infrastructure.
• In 2021, Malaysia decided on a single wholesale network model where DNB holds and manages the 5G spectrum, which is then leased to telecom operators like U Mobile. U Mobile initially committed to participating in the model, though the national plan has evolved with telecom operators now having options for direct spectrum involvement.
• 5G Services and Deployment:
• U Mobile began offering 5G services in Malaysia in partnership with DNB, providing its customers with access to 5G networks where available. This rollout aligns with the government’s national 5G coverage goals and helps expand Malaysia’s digital infrastructure.
Market Position and Partnerships
• Competitive Positioning:
• U Mobile has positioned itself as a more affordable telecommunications option compared to established players like Maxis, Celcom, and Digi, which are now under the CelcomDigi entity. U Mobile’s pricing strategies often target younger demographics and budget-conscious consumers, which helps it retain a significant share of the market.
• Potential for Further Stakeholder Involvement:
• With the ongoing 5G expansion, it’s possible that U Mobile may seek additional partnerships or funding to improve infrastructure and expand 5G services.
1 month ago
Bj_Asset will need to gain ropm operation profit of at least RM20Mil,
as they serve interest of RM15Mil + Tax of RM1~2Mil,
with sharing some profit with the minority interest party,
They need RM20 Mil gain to ensure profit after tax.
1 month ago
Profit from Operation = 13,760,000
Other income = 4,752,000
Share with Associate = 1,389,000
Share with JV = 653,000
- Fin cost = (15,605,000)
- Tax = ( 3,005,000)
- Minority interest = ( 1,081,000)
PAT = 2,748,000.
1 month ago
Ya lah, tak macam pos malaysia gila ba4i
@
skynet2000
Good, at least can make profit from normal operation
3 weeks ago
1 week ago
Good123
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 .
1 month ago