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Berjaya Corporation Bhd (BGRO.KL)

BGRO.KL on Kuala Lumpur Stock Exchange

0.35MYR
9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Berjaya corporation bhd posts qtrly net loss of 62.7 million rgt
Friday, 30 Sep 2016 11:01am EDT 

Berjaya Corporation Bhd : Qtrly net loss of 62.7 million rgt versus profit of 56.1 million rgt; qtrly revenue 2.22 billion rgt versus 2.14 billion rgt . Directors are of the view that the group's operating environment will be very challenging going forward. Source (http://bit.ly/2dd2EmI) Further company coverage: [BGRO.KL] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Berjaya land says Alam Baiduri enters into SPA with unit of Berjaya Corporation
Thursday, 22 Sep 2016 06:30am EDT 

Berjaya Land Bhd : Unit Alam Baiduri Sdn Bhd enters into a SPA with BCity, a 100%-owned subsidiary of Berjaya Corporation Berhad . Deal for the proposed acquisition of about 871.01 acres of freehold lands, all in Mukim Sungai Tinggi . Proposed acquisition will not have any material effect on consolidated earnings of b-land for current fy ending 30 april 2017 . Cash consideration for the proposed acquisition of 155.00 million rgt . Proposed acquisition is expected to contribute positively to the future earnings of the b-land group Source (http://bit.ly/2dd5is6) Further company coverage: [BLAD.KL] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Berjaya Corporation reports qtrly net loss 368.9 mln RGT vs loss of 275 mln RGT
Wednesday, 29 Jun 2016 06:22am EDT 

Berjaya Corporation Bhd : Announces proposed dividend of 2.16 sen per share .Qtrly net loss 368.9 million RGT versus loss of 275 million RGT; qtrly revenue 2.48 billion RGT versus 2.32 billion RGT.  Full Article

Berjaya Corporation updates on disposal of remaining stake in Berjaya Auto
Monday, 13 Jun 2016 06:58am EDT 

Berjaya Corporation Bhd : Says unit Berjaya Group enters into transactions in respect of remaining 9.86% stake comprising 113.00 million ordinary shares of rm0.50 each in Berjaya auto .  Full Article

Berjaya Corporation Berhad updates on disposals of shares in Berjaya Auto Berhad
Wednesday, 23 Mar 2016 08:00pm EDT 

Berjaya Corporation Berhad:Unit disposed of about 147.55 million ordinary shares of rm0.50 each in Berjaya auto berhad.Deal for a total cash consideration of 322.18 million rgt.  Full Article

Berjaya Corporation Berhad says Kub-Berjaya Energy enters JV agreement with Amita Environmental Strategic
Wednesday, 7 Oct 2015 08:00pm EDT 

Berjaya Corporation Berhad:Says kub-Berjaya Energy has on 8 October 2015 entered into joint venture agreement with Amita Environmental Strategic.Agreement to subscribe for 60% stake in a new JV co to undertake industrial waste recycling project for 900,000 ringgit cash.Proposed JV not expected to have any material effect on earnings Bcorporation group for current FY ending 30 April 2016.  Full Article

Berjaya Corporation Berhad proposes disposal
Monday, 13 Apr 2015 08:00pm EDT 

Berjaya Corporation Berhad:Says wholly-owned subsidiary, Berjaya Group Bhd (BGroup), has on April 13 entered into two share sale agreements with Ramatex Berhad (Ramatex).For proposed disposals by BGroup to Ramatex.Disposed 10,000,000 ordinary shares of 1 Ringgit each representing 100 pct equity interest in Berjaya Bandartex Sdn Bhd (BBandartex) for cash consideration of 16,594,000 Ringgit.Disposed 5,000,000 shares representing 100 pct equity interest in Berjaya Knitex Sdn Bhd (BKnitex) for cash consideration of 11,148,000 Ringgit.In addition, Berjaya Soutex Sdn Bhd (BSoutex), wholly-owned subsidiary of BCorporation, has on even date entered into sale and purchase agreement with Ramatex for proposed disposal of parcel of freehold land for cash consideration of 2,258,000 Ringgit.  Full Article

Berjaya Corporation Bhd 's BML incorporated Berjaya Myanmar Investment Ltd
Monday, 6 Apr 2015 08:00pm EDT 

Berjaya Corporation Berhad:Says Berjaya Myanmar Ltd, Labuan (BML), wholly-owned subsidiary of company, had incorporated subsidiary under name Berjaya Myanmar Investment Ltd (BMIL) in Myanmar.Authorized share capital of BMIL is $1,000,000 comprising 1,000,000 ordinary shares of $1.00 each (BMIL Shares).Says issued and paid-up share capital of BMIL is $50,000 comprising 50,000 BMIL Shares.BML had subscribed for 47,500 BMIL Shares at $47,500.balance of 2,500 BMIL Shares was subscribed for $2,500 by a local Burmese investor.BMIL is now 95 pct-owned subsidiary of BML.BMIL will facilitate the business and/or project investments in Myanmar.  Full Article

Berjaya Corporation Berhad announces striking off of dormant subsidiary
Tuesday, 24 Mar 2015 08:00pm EDT 

Berjaya Corporation Berhad:Says Country Farms Pte Ltd (CFPL), dormant subsidiary, was struck off from register by Registrar of Companies.CFPL is wholly-owned subsidiary of Country Farms Sdn Bhd which in turn is wholly-owned subsidiary of Berjaya Group Berhad (BGroup).BGroup is wholly-owned subsidiary of BCorporation.  Full Article

BRIEF-Berjaya corporation bhd posts qtrly net loss of 62.7 million rgt

* Qtrly net loss of 62.7 million rgt versus profit of 56.1 million rgt; qtrly revenue 2.22 billion rgt versus 2.14 billion rgt