KUALA LUMPUR: Berjaya Land Bhd
’s proposed change of the company’s name to Berjaya Property Bhd has obtained shareholders’ approval at the company’s extraordinary general meeting today.
The property company said the rebranding to Berjaya Property 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 stakeholders.
Group chief executive officer Syed Ali Shahul Hameed said this approval marks an important milestone in its corporate journey and the name Berjaya Property reflects the group’s strategic direction and strengthens clarity in the capital markets
"We are grateful for the strong support and confidence demonstrated by our shareholders at today’s EGM. This approval marks an important milestone in our corporate journey.
"Property has long been the cornerstone of our value creation strategy anchoring our integrated developments, generating recurring income and supporting sustainable long-term growth,” he said in a statement today.
In an environment where global and regional capital markets increasingly favour asset-backed, cash-generative, and resilient business models, Berjaya Land said the new name underscores the group’s focus on long-life assets, recurring income streams and disciplined asset management.
This strategic positioning supports earnings resilience across market cycles and reinforces confidence in the group’s long-term growth outlook.
The new name also reflects the group’s integrated ecosystem approach, where property serves as the foundation for developing and operating destinations that combine residential, hospitality, transport and services in a cohesive manner.
Moving forward, the company remains committed to disciplined asset management, operational excellence, and responsible development, delivering resilient and sustainable value for its shareholders and stakeholders. - Bernama
