BCorp surges 17% on appointment of Abdul Jalil Rasheed as Group CEO


KUALA LUMPUR – Shares in Berjaya Corporation Bhd (BCorp) jumped 17 per cent following the appointment of former president and group chief executive officer (CEO) of Permodalan Nasional Bhd (PNB) Abdul Jalil Abdul Rasheed (picture) as its new group CEO.

At 11.25am, the stocks increased three sen to 21 sen, making it among top 10 active counters on Bursa Malaysia.

About 153.5 million shares of the industrial product and services counter changed hands.

BCorp, in a statement on Tuesday, said Abdul Jalil’s mandate would be to re-look at its corporate structure, optimise financial and human resources, improve synergies and efficiency, and enhance corporate governance and transparency.

He is also entrusted to streamline the various group businesses to create and enhance shareholder value, as well as to transform BCorp into a high-performing organisation.

Abdul Jalil brings with him 18 years of investment and business leadership experience, having worked in the United Kingdom, the United States, Malaysia and Singapore with global investment firms, Aberdeen Standard Investments and Invesco Ltd.


Wednesday, November 30, 2022

Boustead 3Q net profit up 79% to RM99.6m

Friday, February 10, 2023

FBM KLCI futures end higher

Tuesday, December 4, 2018

Foreign sell-off of RM244.5m for 4th week

Monday, August 21, 2023

Bursa Malaysia opens mixed