Vincent Tan to restructure his business empire

KUALA LUMPUR (Dec 20): Tan Sri Vincent Tan (pictured), who is back at the helm of the Berjaya group, yesterday unveiled his big plan to restructure his business empire that may involve the sale of assets, privatising two companies — 7-Eleven Malaysia Holdings Bhd and Berjaya Land Bhd (BLand) — as well as the listing of hotel business in Singapore.

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Berjaya Land ends FY18 in the red as forex rates, Sports Toto drag

KUALA LUMPUR (June 28): Berjaya Land Bhd, which is controlled by tycoon Tan Sri Vincent Tan, wrapped up its financial year ended April 30, 2018 (FY18) with another quarter of net loss, due mainly to unfavourable foreign exchange rates, and lower profit contribution from its number forecast operator business.

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