Berjaya Land Bhd (BLand), controlled by Tan Sri Vincent Tan, will be renamed Berjaya Property Bhd following shareholder approval at an extraordinary general meeting on Friday.
The company said the name change reflects its stronger focus on property as its core business. Property remains the group’s main platform, supporting its wider portfolio that includes hospitality, retail, transport, mobility and lifestyle ventures.
The rebranding is aimed at providing clearer visibility of the group’s key value drivers, strengthening its corporate identity, and enhancing transparency for investors and stakeholders.
Group CEO Syed Ali Shahul Hameed said property has long supported the company’s integrated developments, recurring income streams and long-term growth plans.
BLand shares closed unchanged at 27 sen on Friday, valuing the company at about RM1.35 billion. The stock has risen 3.9% year-to-date.
