The Board of Directors of Berjaya Corporation Berhad ("BCorporation") wishes to announce the proposed members' voluntary winding-up of its 100%-owned subsidiaries namely Berjaya Books Sdn Bhd ("BBooks"), BLoyalty Marketing Sdn Bhd ("BLoyalty Marketing"), Shinca Electronics Sdn Bhd ("SESB") and Berjaya 2nd Homes (MM2H) Sdn Bhd ("B2H") pursuant to Section 439(1)(b) of the Companies Act 2016 ("Proposed Winding-Up").

Mr. Fong Kin Hong and Puan Umi Kalsum Binti Sabar of DirectBiz Consultancy Sdn Bhd, Suite 9, DirectBiz Avenue, No. 38B-2, Jalan Radin Anum, Bandar Baru Seri Petaling, 57000 Kuala Lumpur have been appointed as the liquidators for the Proposed Winding-Up.

BBooks, BLoyalty Marketing, SESB and B2H have ceased business operations and are currently dormant. The Proposed Winding-Up forms part of the BCorporation Group's rationalization exercise to streamline its corporate structure and reduce ongoing administrative and compliance costs of the dormant companies.

The Proposed Winding-Up is not subject to the approval of the shareholders of BCorporation or any regulatory authority. The Proposed Winding-Up will not have any effect on the issued share capital and shareholding structure of BCorporation and will not have any material effect on the earnings, net assets and gearing of the BCorporation Group.

None of the Directors and major shareholders of BCorporation and/or persons connected with them has interest, direct or indirect, in the Proposed Winding-Up.
 

This Announcement is dated 1 October 2026.