New CEO Jalil buys 1.4% stake in BCorp

Jalil Rasheed: “I took on this group CEO role to undertake a transformation of BCorp. In my years of experience, projects of this magnitude are best achieved when the leader is well-incentivised and aligned with all minority shareholders. Being a shareholder and CEO will allow me to execute changes with the right incentive in place."

KUALA LUMPUR: Newly-appointed Berjaya Corp Bhd (BCorp) group chief executive officer Abdul Jalil Abdul Rasheed has acquired 70 million BCorp shares, amounting to a 1.4% stake in the company.

He bought the shares at 28 sen each.