Berjaya

What Berjaya does

Berjaya Corporation Berhad is one of Malaysia's largest publicly listed conglomerates, operating across four core business segments: Retail (7-Eleven Malaysia convenience stores, Berjaya Food franchise restaurants including Starbucks, Kenny Rogers Roasters, Krispy Kreme, and Paris Baguette), Property (Berjaya Property Berhad, Berjaya Assets Berhad and the Berjaya Times Square mixed-use development in Kuala Lumpur), Hospitality (Berjaya Hotels & Resorts), and Services (Sports Toto lottery and gaming via Sports Toto Berhad, REDtone Digital telecommunications, Berjaya Media's theSun newspaper, Berjaya Air premium turboprop airline, and Berjaya Rail). The company also operates a Berjaya Sompo Insurance joint venture with Sompo Holdings. Revenue is generated through multiple distinct mechanics: convenience store retail sales, franchise restaurant operations, property development and rental income, lottery gaming, telecommunications services, and hospitality/hotel operations. The company's customer base is broadly horizontal — mass-market Malaysian consumers across retail, F&B, leisure, and gaming — supplemented by property investors and hospitality guests.

The group's technology footprint is predominantly operational rather than technology-platform based: its proprietary holdings are largely physical retail and real estate networks, franchise licenses, and licensed gaming/telecom/insurance operations. Underlying platforms include the 7-Eleven store POS and supply chain, the Sports Toto retail agent network, REDtone's telecom infrastructure, and Berjaya Air's premium turboprop fleet (including the newly acquired ATR HighLine all-business cabin aircraft). The business model is characterized by capital deployment across unrelated verticals rather than a single platform-engineered GTM motion, with revenue diversified across multiple Malaysian consumer-facing industries.

Berjaya is currently navigating a post-founder transition: founder Vincent Tan Chee Yioun has reduced his direct stake in Berjaya Corp from ~23% to ~16% via disposals and transfers to investment vehicle Detik Ria, while family members (Nerine Tan as CEO, Robin Tan, Chryseis Tan) and professional managers are taking greater operational roles. The group is also pursuing selective geographic expansion (affordable housing discussions with Andhra Pradesh, India), vertical expansion (Berjaya Rail partnership with MARA Liner, Berjaya Air premium cabin launch), and is defending an RM428.04 million Inland Revenue Board tax assessment for the 2018–2023 period via judicial review.

Name

Berjaya

Legal name

Berjaya Corporation Berhad

Website

https://berjaya.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Berjaya Corporation Berhad is a Malaysia-listed conglomerate operating retail (7-Eleven, Starbucks, Krispy Kreme), property (Berjaya Times Square), hospitality (hotels/resorts), and services (Sports Toto lottery, REDtone telecom, Berjaya Air, Berjaya Rail) for mass-market Malaysian consumers across multiple consumer-facing verticals.

Ownership category

akta.pro rank

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D

Distribution channels3 records

Core offering

Berjaya Corporation Berhad is a Malaysian diversified conglomerate that operates and invests in consumer-facing businesses including 7-Eleven convenience retail, Sports Toto number forecast betting, Starbucks/Kenny Rogers Roasters/Krispy Kreme/Paris Baguette/Berjaya Cafe food and beverage outlets, hospitality (Berjaya Hotels & Resorts), property development (Berjaya Property, Berjaya Times Square), air travel (Berjaya Air), telecommunications (REDtone Digital), media (theSun), and general insurance (Berjaya Sompo). Its core revenue is generated from consumer transactions and brand-license operations across Malaysia and other markets.

Product overview

Berjaya Corporation Berhad is a diversified Malaysian conglomerate operating multiple business segments: Retail (including 7-Eleven convenience stores), Property (real estate development including Berjaya Times Square), Hospitality (hotels and resorts), and Services (lottery via Sports Toto, telecommunications via REDtone Digital). Berjaya Food Berhad operates food and beverage brands including Starbucks, Kenny Rogers Roasters, Krispy Kreme, Paris Baguette, and Berjaya Cafe. Berjaya Media Berhad publishes theSun newspaper. Berjaya Air provides premium airline services with turboprop aircraft featuring HighLine premium cabins.

Differentiator

Problem solved

Functional benefit

Brands

• Berjaya Times Square: Major retail and commercial development project in Kuala Lumpur, operated by Berjaya Assets Berhad
• Berjaya Hotels & Resorts
• Berjaya Cafe
• Paris Baguette
• Country Farm Organics

Products and services

• 7-Eleven Malaysia convenience retail Operates 7-Eleven convenience stores across Malaysia offering everyday essentials, ready-to-eat food, beverages, and services to mass-market consumers.
• Sports Toto number forecast betting Operates Sports Toto, a Malaysian licensed number forecast betting and lottery operator offering TOTO games to consumers through authorized retailers.
• Starbucks Malaysia Operates Starbucks coffee outlets in Malaysia, serving handcrafted coffee, tea, and food to consumers.
• Kenny Rogers Roasters Malaysia Operates Kenny Rogers Roasters casual-dining restaurants in Malaysia offering rotisserie chicken and American-style menu items.
• Krispy Kreme Malaysia Operates Krispy Kreme retail outlets in Malaysia offering doughnuts, coffee, and complementary beverages.
• Paris Baguette Malaysia Operates Paris Baguette bakery-café outlets in Malaysia offering French- and Korean-inspired bakery items, sandwiches, and beverages.
• Berjaya Cafe Operates Berjaya Cafe, a Berjaya-owned F&B café concept offering casual dining and beverages to consumers.
• Berjaya Hotels & Resorts Operates a portfolio of hotels and resorts under the Berjaya brand across Malaysia and other destinations, offering accommodation, dining, and event facilities to leisure and business travelers.
• Berjaya Property Develops and sells residential and commercial real estate properties, including integrated developments such as Berjaya Times Square, in Malaysia.
• Berjaya Air Operates Berjaya Air, an airline providing scheduled and charter air travel services to travelers, particularly to island and resort destinations.
• REDtone Digital Provides telecommunications services including voice, data, and managed network services to B2B and B2C customers in Malaysia.
• theSun newspaper Publishes theSun, a Malaysian English-language newspaper delivered to consumers in print and digital formats.
• Berjaya Sompo Insurance Berhad Provides general insurance products including motor, property, health, and personal accident coverage to individuals and businesses in Malaysia.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered notable, minor and core.

• Sunway GroupnotableStrategic or Co-development Partner · 4 June 2026During Andhra Pradesh Minister Ponguru Narayana's visit to Malaysia to study best practices, discussions were held with Sunway and Gamuda representatives regarding affordable housing projects developed by Berjaya Group that could be implemented in Andhra Pradesh.
• Gamuda GroupnotableStrategic or Co-development Partner · 4 June 2026During Andhra Pradesh Minister Ponguru Narayana's visit to Malaysia, discussions were held with Sunway and Gamuda representatives regarding affordable housing and waste management practices that could be adapted for Andhra Pradesh development initiatives.
• KDEB (Kuala Lumpur Desktop Publishing)minorStrategic or Co-development Partner · 4 June 2026Andhra Pradesh Minister Ponguru Narayana toured KDEB waste management office in Selangor as part of studying Malaysia's solid waste management and recycling practices.
• ATR (Avions de Transport Régional)notableTechnology or Integration · 19 May 2026ATR delivered its first HighLine all-business premium cabin aircraft to Berjaya Air on May 19, 2026. The 26-seat configuration produced by Italian firm Geven targets high-end resort guests connecting from long-haul flights in Malaysia. ATR views this as a potential model for other top-end leisure operators globally.
• Sompo HoldingscoreStrategic or Co-development Partner · 27 March 2026Sompo appointed Soo Wai Har as CEO of Berjaya Sompo Insurance Berhad effective April 1, 2026, succeeding Tan Sek Kee. Sompo is a major insurance group with operations across Asia Pacific, and this appointment strengthens Berjaya Sompo's leadership.
• MARA Liner Sdn BhdnotableStrategic or Co-development Partner · 5 March 2026MARALINER signed a strategic partnership with Berjaya Rail Sdn Bhd as part of its transformation toward a modern, technology-driven public transport ecosystem. The partnership positions MARA Liner within the rail value chain, including fleet leasing, MRO modernisation, and joint exploration of rolling stock development with potential local manufacturing.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Magnum Berhad: Malaysian gaming and lottery operator with complementary four-digit forecast and casino operations. Most direct comparable to Berjaya's Sports Toto lottery business in the Malaysian gaming sector.
• Sime Darby Berhad: Malaysian diversified conglomerate with industrial, motors, and property segments. Comparable scale and publicly listed structure, with similar multi-sector consumer-and-asset-heavy profile to Berjaya.
• Genting Group: Malaysian conglomerate spanning leisure/hospitality, gaming, and property. Highly comparable to Berjaya's mix of Sports Toto lottery, Berjaya Hotels & Resorts, and Berjaya Times Square-style real estate assets.
• IOI Corporation: Malaysian conglomerate combining plantation/resources with property development. Similar dual exposure to commodity-linked and real-estate assets that Berjaya exhibits through its F&B/hospitality and Berjaya Times Square portfolio.
• Sunway Group: Malaysian diversified conglomerate with property development, hospitality, healthcare, and education. Closely comparable to Berjaya given similar sectoral breadth and the recent collaboration on affordable housing exports to Andhra Pradesh.
• YTL Corporation: Malaysian conglomerate with construction, utilities, hospitality (YTL Hotels), and digital infrastructure. Comparable scale and public-market structure to Berjaya with similarly diversified consumer-facing and infrastructure operations.
• Gamuda Group: Malaysian infrastructure and property group with rail, tunneling, and township development. Comparable to Berjaya's property and new rail push via Berjaya Rail Sdn Bhd, and a current collaboration partner.

Regional players

• San Miguel Corporation: Filipino diversified conglomerate spanning food and beverage, fuel, packaging, and infrastructure. Regionally comparable diversified consumer-facing conglomerate with similar breadth to Berjaya.
• Alliance Global Group: Filipino conglomerate with integrated F&B, gaming, real estate, and quick-service restaurant brands. Closest Southeast Asian regional peer to Berjaya in terms of franchise-driven F&B and lottery/gaming exposure.

Broad incumbents

• Hong Leong Group (Malaysia): Long-established Malaysian conglomerate with financial services, property, hospitality, and consumer goods. Comparable diversified Malaysian holding-company structure with multiple listed entities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/berjayacorporation
• LinkedInlinkedin.com/company/berjaya-corporation-berhad
• Instagraminstagram.com/berjayacorporation

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Berjaya