Berjaya Property

Berjaya Property Berhad is a Malaysian property and leisure group whose corporate lineage dates to its incorporation in 1990 as Berjaya Land Berhad. The company’s official materials describe it as having been established to implement a restructuring scheme undertaken by Sports Toto Berhad. In that transaction, Berjaya Land acquired the entire paid-up capital of Sports Toto, while also acquiring property and leisure activities funded through a rights and special issue. The company is now known as Berjaya Property Berhad; the available evidence does not specify when the name changed. The group’s stated activities include property investment and development, hotels, resorts, recreation development and vacation timeshare. Its history also includes major acquisitions of property and leisure assets, which the company says helped make it one of Malaysia’s largest property groups. The supplied corporate-profile excerpt lists gaming among group core activities as well, but does not provide a current product-by-product inventory or identify particular flagship developments. Berjaya Property is a subsidiary of Berjaya Corporation Berhad. The company’s official website provides corporate profile, structure and governance information. Its corporate information page identifies a board and executive team, including Group Chief Executive Officer Syed Ali Shahul Hameed and Group Executive Director Datuk Abdul Rahim Bin Mohd Zin. The official corporate-structure page describes the group’s subsidiaries, associated companies and joint ventures as at 16 October 2025. Evidence identifies the company as a Malaysian public company, but does not provide a ticker, detailed listing information, a specific headquarters designation, or a full account of current operating markets beyond its Malaysian identity.

Berjaya Property Berhad began as Berjaya Land Berhad, incorporated in 1990 to implement a restructuring scheme undertaken by Sports Toto Berhad. The official corporate profile states that Berjaya Land acquired the entire paid-up capital of Sports Toto as part of the scheme. At the same time, it acquired property and leisure activities, funded through a rights and special issue. The corporate homepage describes subsequent major acquisitions of property and leisure assets as an important part of the company’s development. The company’s early corporate history is connected to Sports Toto and the Berjaya group. Sports Toto was incorporated by the Malaysian Government in 1969 to run Toto betting under the Pool Betting Act, 1967. The official profile says it was privatised in 1985 when its chief executive, Tan Sri Dato’ Seri Vincent Tan Chee Yioun, acquired 70% of its paid-up capital through a private company. Sports Toto was listed on the Kuala Lumpur Stock Exchange in July 1987. In November 1987, RekaPacific (then known as Berjaya Industrial Berhad) completed a general offer that resulted in Sports Toto becoming its subsidiary. A further group transaction unfolded in 1996. On 11 October 1996, Berjaya Group Berhad completed the purchase of Teras Mewah Sdn Bhd, a wholly owned subsidiary of RekaPacific. On 28 August 1996, Teras Mewah had completed the purchase of the entire shareholding in Berjaya Land from RekaPacific. The official profile describes the acquired holding as approximately 247.5 million ordinary shares, 49.8 million warrants and RM82.8 million in Irredeemable Convertible Unsecured Loan Stocks, for a total consideration of approximately RM931.1 million. Following the transaction, Berjaya Land became a direct subsidiary of Berjaya Group Berhad, which the profile identifies as a wholly owned subsidiary of Berjaya Corporation Berhad. The company’s official materials now use the name Berjaya Property Berhad and identify Berjaya Land Berhad as its former name. They describe its business as spanning property investment and development, hotels, resorts, recreation development and vacation timeshare. The company says its property and leisure acquisitions helped make it one of Malaysia’s largest property groups. The supplied evidence does not establish the date of the current name, document individual development launches, or provide further dated corporate milestones. As at 16 October 2025, its official corporate-structure page lists the group’s main subsidiaries, associated companies and joint ventures. Its corporate-information page names the board and senior executives, including Group Chief Executive Officer Syed Ali Shahul Hameed.

• 2025

  Corporate structure reported as at 16 October

• 1996

  Berjaya Land became a direct subsidiary of Berjaya Group

• 1990

  Berjaya Land incorporated

• 1987

  Sports Toto listed and became a RekaPacific subsidiary

• 1985

  Sports Toto privatised

• 1969

  Sports Toto incorporated

A diversified Malaysian property and leisure group within the Berjaya Corporation group.

• Property investment and development

  A stated core activity of the group.

• Hotels, resorts, recreation development and vacation timeshare

  Leisure-related activities identified in the corporate profile.

• 1990 restructuring and acquisition of Sports TotoOther

• 1996 ownership transfer to Berjaya GroupOther

1. 1Berjaya Property Berhad | Official Home Pageberjaya.com
2. 2Berjaya Property Berhad | Corporate Profileberjaya.com
3. 3Berjaya Property Berhad | Corporate Structureberjaya.com
4. 4Berjaya Property Berhad | Corporate Informationberjaya.com
5. 5Berjaya Property Berhadwikidata.org