KUALA LUMPUR: Berjaya Corp Bhd group chief executive officer (CEO) Abdul Jalil Abdul Rasheed has acquired a stake in the company days after he was appointed to the post. BCorp, in a statement today, said Jalil had acquired 70 million shares at 28 sen each, which gave the former boss at Permodalan Nasional Bhd a 1.4% equity interest in the company. “I took on this Group CEO role to undertake a transformation of BCorp," Jalil said. BCorp, had earlier said that Jalil was brought in with a mandate to transform the sprawling business group into a high-performing organisation. "It is also a vote of confidence in the Company, and addresses the seriousness of this institutionalisation phase we are undertaking.” Jalil was appointed the new Group CEO of BCorp on March 16.

Source: The Star March 24, 2021 11:37 UTC