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KUALA LUMPUR (Feb 13): Berjaya Land Bhd is all set to have a new name: Berjaya Property Bhd. This came about following shareholders’ approval at an EGM today for such a name change.
In a media release, the company stated that the change “reflects the Group’s strategic evolution and more accurately represents its core business focus, asset-led strategy and long-term value proposition”.
Property remains the group’s anchor business, while underpinning its diversified portfolio in hospitality, retail, transport, mobility and lifestyle-related businesses, it added.
“The rebranding to Berjaya Property Bhd enhances the group’s corporate identity by providing clearer visibility into its principal value drivers, strengthening brand coherence, and improving transparency for investors, analysts, and other stakeholders.”
The new name underscores the company’s focus on “long-life assets, recurring income streams and disciplined asset management”.
“This strategic positioning supports earnings resilience across market cycles and reinforces confidence in the Group’s long-term growth outlook.”
Group CEO Syed Ali Shahul Hameed said: “We are grateful for the strong support and confidence demonstrated by our shareholders at today’s EGM. This approval marks an important milestone in our corporate journey. Property has long been the cornerstone of our value creation strategy anchoring our integrated developments, generating recurring income and supporting sustainable long-term growth. The name Berjaya Property Bhd more accurately reflects our strategic direction and strengthens clarity in the capital markets.”
“As we move forward, we remain committed to disciplined asset management, operational excellence and responsible development, delivering resilient and sustainable value for our shareholders and stakeholders,” he added.
With its new name, the company will continue to pursue its long-term strategy of delivering sustainable value while contributing to economic and community development.
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