KUALA LUMPUR (Feb 5): Berjaya Corp Bhd (KL:BJCORP) has announced the redesignation of its joint chief executive officer (CEO) Nerine Tan Sheik Ping, to CEO, effective immediately. In a bourse filing, the group also announced its joint-CEO Vivienne Cheng Chi Fan has retired. Berjaya True Ascend is the private vehicle of Chee Yioun and the stake was acquired via a direct business transaction last Friday (Jan 30). Based on back-of-the-envelope calculations, the shares in the Berjaya Corp were purchased at about 27 sen apiece, which would require Chee Yioun to fork out RM98.28 million. Following the stake acquisition, Chee Yioun has upped his stake in Berjaya Corp to 27.106% — up from 20.864% previously — with a direct stake of 8.469% and an indirect stake of 18.637%.

Source: The Edge Markets February 05, 2026 16:03 UTC