BERJAYA means SUCCESS in Bahasa Malaysia. Each B faces
a different direction, describe the different strengths of the companies that build
up the Berjaya Corporation group of companies.
Vision for Berjaya Group Berhad is to generate consistently
profitable returns for our shareholders from investments in our core business activities
while the mission is by providing direction, financial resources and managerial
support for each operation unit.
Berjaya Corporation group of companies, we believe in striking a balance
between profitability and our social responsibility to the communities in which
By the nature of their businesses, Berjaya
companies come into contact with the lives of many in the community on a daily
basis. To inculcate the spirit of caring and sharing, Berjaya has always
encouraged its staff to share their skills and talents in service of others by
contributing their time and energy voluntarily towards the Group’s Corporate
Social Responsibility (CSR) activities. Charity projects, fund-raising
events and donations have been an on-going aspect of operations as a social
Berjaya also undertake projects to
conserve and improve the natural environment. Staff and family members are encouraged
to participate in these meaningful activities. From that, we can learnt about the
importance of protecting nature. To eliminate waste and give consumers awareness
about the importance to protect our planet from pollution. We are encouraged to
use green products such as Kenny Rogers ROASTERS i-care Box.
It is safe and recyclable take-away container. We also encourage by practising car-polling
in our surrounding area.
Through the 1990s and 2000s, Vincent Tan built Berjaya through
acquisitions and franchises. In 1993 he bought a successful direct-selling
marketing company, named Cosway Malaysia. He went on to open franchises
for many big-name chains, including Starbucks Coffee in 1998, Wendy’s
restaurants in 2007, Krispy Kreme Doughnuts in 2008, and also Papa John’s Pizza
in 2008. While in food service industry, Vincent is the master of franchise
holder for Kenny Rogers Roasters’ restaurants around the world, with almost
over 300 restaurants.
The Berjaya Group also
expanded to property development and investment. It entered into
countries that have multitudinous joint ventures such as Vietnam, China, South
Korea, and Thailand. It aims is to undertake various property, infrastructure,
hotel, and resort projects. A five-star hotels with offering over 4,000 rooms
in cities and tropical island resorts in Malaysia and abroad has been owned and
operated by the Berjaya Group. In 2008, Berjaya expanded it businesses into
education by opening Berjaya University College of Hospitality. This college
become Malaysia’s first university college of specializing in Hospitality,
Tourism, and Services education. Finally, branch of Berjaya started to appear
at Thailand, Singapore, England, Hong
Kong, Canada, Mexico and other country.
On the other hand, Vincent Tan also intend
to explores a number of businesses in Vietnam. He plans to develop business in
Vietnam as Berjaya has several lands in Vietnam. Upon the completion of the
group reconstruction exercise in 2005, Berjaya Corporation Berhad assumed the
listing status of Berjaya Group Berhad on the Main Board of Bursa Securities
Berjaya is also involved in financial services, media, motor vehicle
distribution, and the environmental sanitary landfill business. Vincent
transformed the company into a diversified conglomerate listed on Bursa
Malaysia. Vincent has holdings in Internet-related businesses, water utilities,
broadcasting, and telecommunications when outside the company.
Berjaya and his other private businesses have employ more than 30,000 employees
and have combined revenues of over RM 27 billion ($8.18 billion) worldwide.
His successful in business has resulted in attaining a net worth of $1.2
billion and this make Tan Sri Vincent Tan the 14th richest person in Malaysia.
On 23 February 2012, chairman of Berjaya,
Vincent Tan, decided to pass his position, to his son, Robin Tan.