Friday 23 Oct 2026
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KUALA LUMPUR (Feb 13): Berjaya Land Bhd (BLand) (KL:­BJLAND), which is controlled by Tan Sri Vincent Tan, founder of the Berjaya group, said it will change its name to Berjaya Property Bhd after shareholders approved the proposal at an extraordinary general meeting on Friday.

The company said the rebranding reflects its strategic evolution and sharper focus on property as its core business.

In a statement, the group said property remains its “anchor platform”, supporting its diversified portfolio spanning hospitality, retail, transport, mobility and lifestyle-related businesses.

"The rebranding enhances the group’s corporate identity by providing clearer visibility into its principal value drivers, strengthening brand coherence, and improving transparency for investors, analysts, and other stakeholder," it added.

BLand group chief executive officer Syed Ali Shahul Hameed said property has long underpinned the company’s integrated developments, recurring income streams and long-term growth strategy.

Shares of BLand closed unchanged at 27 sen on Friday, giving the company a market capitalisation of about RM1.35 billion. The stock has gained 3.9% so far this year.

Edited ByKang Siew Li
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