BJCORP

0.250

+0.005 (+2%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS DISPOSALS OF SHARES IN BERJAYA PROPERTY BERHAD (FORMERLY KNOWN AS BERJAYA LAND BERHAD) AND SPORTS TOTO BERHAD ("DISPOSALS")

BERJAYA CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description 
DISPOSALS OF SHARES IN BERJAYA PROPERTY BERHAD (FORMERLY KNOWN AS BERJAYA LAND BERHAD) AND SPORTS TOTO BERHAD ("DISPOSALS")

Further to Berjaya Corporation Berhad ("BCorporation")'s announcement dated 6 May 2026 in relation to the Disposals, the Board of Directors of BCorporation wishes to announce that the proceeds from the Disposals will be utilised as working capital for the following subsidiaries' business operations:-

 

To be utilised for:RM' million
Moneylending business of Berjaya IPS Credits Sdn Bhd13.50
Stockbroking business of Berjaya IPS Equity Sdn Bhd and its subsidiaries5.26
Total

18.76

 

This Announcement is dated 8 May 2026.

 



Announcement Info

Company Name BERJAYA CORPORATION BERHAD
Stock Name BJCORP
Date Announced 08 May 2026
Category General Announcement for PLC
Reference Number GA1-08052026-00053


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