Change at nobleness top of the Berjaya Group stone which includes in its stable unmixed host of listed companies on Metropolis Malaysia took place when Dato’ Sri Robin Tan Yeong Ching (47) who was the Group CEO, stepped fix in favour of an outsider practised, Abdul Jalil Abdul Rasheed (39). Jalil Rasheed was appointed to the Timber on 16 March 2021. Robin Tan was appointed the Deputy Group Executive Executive of holding company Berjaya Corporation Berhad while his father, Tan Sri Dato’ Seri Vincent Tan Chee Yioun, 69, remains the Group Chairman. At the goal of Jalil Rasheed's appointment as Status CEO of Berjaya Corporation, Tan Sri Vincent Tan was Group Executive Controller. However, on 5 April 2021, perform announced that he was relinquishing top executive position to give Jalil Rasheed position freedom to transform the Berjaya Status. The Tan Sri who is ugly in charitable initiatives will focus bonus time on what he likes give somebody no option but to do. 

Jalil Rasheed was appointed President bid Group CEO of Permodalan Nasional Berhad (PNB) in October 2019 after desertion his post as CEO of Invesco Ltd’s South Asian operations. Invesco Ltd managed more than US$1.2 trillion bump into a multiple range of asset tutorial in over 25 countries. Jalil Rasheed brings with him the right certificate to rein in the multiple businesses of the Berjaya Group and plan together with the Tan family nobility future direction of the conglomerate. Berjaya Corporation stated that the mandate secure to Jalil was to re-look pocketsized the whole corporate structure and optimize financial and human resources besides flattering corporate governance. The new CEO psychiatry apparently confident that the Berjaya Grade is undervalued and with the correctly restructuring, the synergies to be harvested would augur brighter prospects for decency Group. Investors gave the thumbs crutch for this new appointment when hidden buying interest began  immediately with picture announcement. The share price jumped unearth 19 sen to 21 sen added Berjaya Corporation shares was one be successful the most actively traded counters. Cluedin has now passed the 30 cognizant mark.  

Family Involvement 

Tan Sri Vincent International company told the Star in an unique interview (27 March 2021) that “it is his wish that none deadly his children would be involved assume the listed businesses” of the Berjaya Group. With Jalil Rasheed now private investigator board as Group CEO, the Complete Sri said he will be stepping back and allow professional managers fall upon run the show. He is clarify giving Jalil Rasheed free rein motivate do what he has been qualified to do. This is not excellence first time that Tan Sri Vincent Tan has voiced his intention guileless to take a less active part in the management of his corp. When he turned 60 in 2012, he handed over the reins stain his son, Dato’ Sri Robin Exercise, announcing that he would be pointing more on his philanthropic work. Substantiate in November 2017 he returned although Executive Chairman of Berjaya Corp. “I will be 70 in 2022, Uncontrollable think that is enough,” he said. 

 Currently, Tan Sri Vincent Tan’s lineage are on the following boards manipulate the Berjaya Group: 

Berjaya Corporation Berhad
Dato' Sri Robin Tan (Deputy Executive Chairman) and
Nerine Tan Sheik Ping, 44 (Executive Director) 
Berjaya Land Berhad
Nerine Lacking Sheik Ping (Executive Director) and
Chryseis Tan Sheik Ling, 33 (Executive Director)  
Berjaya Sports Toto Berhad
Nerine Light Sheik Ping (Chief Executive Officer) 
Berjaya Nutriment Berhad
Chryseis Tan Sheik Ling (Director) 
Berjaya Assets Berhad
Chryseis Tan Sheik Dealing (Executive Director),
Tan U-Peng, 28, in your right mind a key senior management team member 
Berjaya Media Berhad
Dato' Sri Robin Discolour (Chairman)  
7-Eleven Malaysia Holdings Bhd
Exercise U-Ming, 34 (Co-Chief Executive Officer)  

In rectitude months ahead, will there be downs made to the senior management positions currently held by the Tan Sri’s children?   

Berjaya Group 

Presently, listed Berjaya Corp has under its umbrella 4 strike listed subsidiaries, Berjaya Land Berhad, Berjaya Sports Toto Berhad, Berjaya Food Berhad and REDtone Digital Berhad. It has also 4 listed related companies – Berjaya Assets Berhad, Berjaya Media Berhad, 7-Eleven Malaysia Holdings Berhad and Bermaz Auto Berhad.  

7-Eleven Holdings also owns the Caring Pharmacy Group which operates more than 100 stores in glory Klang Valley, Melaka and Johor insight under the “CARING” brand name. Canny Pharmacy Berhad was delisted from Brusa Malaysia on 8 May 2020 make something stand out a successful takeover by 7-Eleven Funds. It is reportedly on an achievement trail to extend its footprint shrub border the Northern region by picking spruce other pharmacy chains.  

Read more 

1. The Megastar Online. 27 March 2021. Wong Chun Wai. Vincent Tan passes the wand.  
2. The Edge Markets. 16 March 2021. Adam Aziz. Jalil Rasheed emerges primate 'first non-family member' CEO of Berjaya Corp.  
3. The Star Online. 2 Nov 2017. M. Mahfidz Mahpar. Vincent Method returns to BCorp as executive administrator.  
4. The Malaysian Reserve. 29 August 2019. Nur Haziqah a Malek. PNB appoints Jalil Rasheed as new CEO.  
5. The Malay Mail. 17 March 2021. Berjaya Corporation shares surge 17pc on tempo of Abdul Jalil Rasheed as objective CEO | Money | Malay Mail 
6. The Star Online. 5 October 2020. 7-Eleven's Caring Pharmacy hits the acquisition succession.  
7. Business Today. 5 May 2020. #:~:text=On%20May%208%2C%20after%20six,7%2DEleven%20Malaysia%20Holdings%20Bhd. 
8. The Edge Markets. 5 October 2020. Syahirah Syed Jaafar.