Berjaya Corporation shares surge 17pc on appointment of Abdul Jalil Rasheed as group CEO | Malay Mail

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KUALA LUMPUR, March 17 — 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 as its new group CEO. At 11.25am, the stocks increased three sen...

Wednesday, 17 Mar 2021 12:09 PM MYT

At 11.25am, the stocks increased three sen to 21 sen, making it among top 10 active counters on Bursa Malaysia. — Bernama picKUALA LUMPUR, March 17 — Shares in Berjaya Corporation Bhd jumped 17 per cent following the appointment of former president and group chief executive officer of Permodalan Nasional Bhd Abdul Jalil Abdul Rasheed 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.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. — Bernama

 

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