Vincent Tan cuts Berjaya Corp stake for at least RM115m, exits substantial shareholder list in six firms—The Edge Malaysia

Tan Sri Vincent Tan Chee Yioun
The Edge Picture by Shahrill Basri

The Edge Malaysia reported yesterday that Tan Sri Vincent Tan Chee Yioun has reduced his stake in Berjaya Corporation Bhd and ceased to be a substantial shareholder in six listed companies, referring to filings with Bursa Malaysia.

The shares sale was carried out via direct business transactions last Thursday on 28 May 2026, and saw Tan dispose of a combined 461.65 million shares in Berjaya Corp across seven tranches, comprising both direct and deemed interests for about RM115 million, The Edge Malaysia referred  to Bloomberg data.

Following the disposals, his direct stake in Berjaya Corp stands at 4.11%, while his deemed interest has been pared to 10.96%, bringing his total shareholding to approximately 15.08% or 896.33 million shares of Berjaya Corp’s 5.95 billion outstanding shares.

The direct share disposals were executed through multiple nominees, including Alliancegroup Nominees (Tempatan) Sdn Bhd, MBSB Investment Nominees (Tempatan) Sdn Bhd, TA Nominees (Tempatan) Sdn Bhd, Kenanga Nominees (Tempatan) Sdn Bhd, and CGS International Nominees Malaysia (Tempatan) Sdn Bhd, among others.

The deemed interest disposals were effected through B&B Enterprise Sdn Bhd and Premier Merchandise Sdn Bhd.

Tan lost his "substantial shareholder" status in six companies because his indirect ownership through Berjaya Corp fell below 5%, even though Berjaya Corp itself still holds significant stakes in those companies. 

He ceased to be a substantial shareholder in Salcon Bhd, REDtone Digital Bhd, Berjaya Property Bhd, Atlan Holdings Bhd, Sports Toto Bhd, and Theta Edge Bhd, according to separate filings with Bursa.

However, Berjaya Corp remains a substantial shareholder in the six companies, as the cessations reflect a change in Tan’s personal deemed interest rather than any disposal by Berjaya Corp of its holdings in these entities.

Tan continues to be a substantial shareholder in 7-Eleven Malaysia Holdings Bhd, Berjaya Food Bhd, and Berjaya Assets Bhd, though his stakes in those companies were also reduced.

He owns a 15.397% direct and 5.537% indirect interest in 7-Eleven Malaysia, a 5.007% direct stake and 1.26% indirect interest in Berjaya Food, and a 14.552% direct interest and 13.644% indirect interest in Berjaya Assets.

Shares of Berjaya Corp ended flat at 24.5 sen yesterday Wednesday 3 June, valuing the conglomerate at RM1.49 billion. Year to date, its share price has declined by 14%, said The Edge Malaysia.

End©Permadu

Visit Permadu Malaysia blog at permadumalaysia.blogspot.com


By Fauzi Kadir
Chief Editor

Assistant Editor
Nazura Othman


Final editing and brought to you by
Fauzi Kadir CHIEF EDITOR

© 2026 Permadu Malaysia
(Semua Hak Cipta Terpelihara)
All Rights Reserved 
E-mail: permadu@gmail.com

(DILULUSKAN UNTUK SIARAN OLEH LEMBAGA SIDANG PENGARANG) 
PUBLISHED UPON APPROVAL BY THE EDITORIAL BOARD  
1
Official and authorised bank account for Permadu Malaysia
Fauzi Bin Abd... 7600650948 CIMB Bank

Visiting Permadu Malaysia is absolutely free and we operate with non-profit making objective. We hope you enjoy and feel happy visiting and reading every presentation from us.

If you have the generosity to support our operations and continuous activities of charity to those who are less fortunate, we would be grateful to accept sincere contributions from any individuals or organisations. 

Contact us at permadu@gmail.com for further details and information. No obligation and no commitment.

Comments

Post a Comment

POPULAR POSTS from Permadu Malaysia

MAHATHIR MAY REJOIN UMNO

Image
What Mahathir expected did not happen Initially, Mahathir Mohamad thought his party – PPBM (Bersatu) – could  morph  into a new version of UMNO. After all, it was him who brilliantly destroyed the original UMNO in 1988 and created “UMNO Baru” (the current UMNO version 2.0). But unlike in 1988, Mr. Mahathir had quit UMNO to form PPBM on 8 September 2016, and was no longer in charge of UMNO. UMNO won four times higher than Bersatu in GE14 Hence, after he leveraged on opposition Pakatan Harapan and stunningly defeated the scandal-plagued Najib government, his first priority was  recruiting  UMNO MPs to join his party. UMNO, although lost miserably, still won 54 parliamentary seats in the May 2018 General Election – more than 4 times the number of seats Mahathir’s party managed to capture. PPBM the worst among four strategic parties Mahathir’s party won  only 13 seats  out of the 52 Parliamentary seats it contested in the 2018 poll. That’s ...
Read more

Australian political analyst says Malaysian PM's political party, PKR is in collapse

Image
While Malaysian prime minister Datuk Seri Anwar Ibrahim is on an official visit to Italy, Spain and Brazil to attend the BRICS summit, his own Peoples’ Justice Party (PKR) is in rapid collapse at home. News is emerging from chat groups and pundits there are mass branch resignations of members across more than 200 branches nationwide. Some branches just don’t exist anymore. The party vote for deputy president, where Puan Nurul Izzah Anwar, Anwar Ibrahim’s daughter challenged incumbent Rafizi Ramli, who was minister of economy until he resigned a few weeks ago showed that some 16,000 members out of 30,000 eligible, did not even bother to vote in this nationally publicized dual. This just indicates the level of apathy within PKR itself, with such an important event for the future of the party. PKR has gradually been losing electoral support since 2013. In the 2014 general election PKR received 20.39 percent of the national aggregate vote, and in 2022 PKR only received 15.72 percent of the...
Read more

Ketua Pemuda UMNO ajak Ahli MKT UMNO bertumbuk

Image
Dua tokoh parti politik yang sukar dipisahkan dari imej rasuah , semakin panas bertelagah Rentak Madani 🎵 Akhbar Sinar Harian melaporkan semalam bahawa Ketua Pemuda UMNO, Datuk Dr Muhamad Akmal Saleh mencabar Ahli Majlis Kerja Tertinggi (MKT) UMNO,  Datuk Lokman Noor Adam  supaya berdepan dengannya sama ada di mahkamah ataupun di gelanggang, berikutan tuduhan kononnya beliau mempunyai agenda tersembunyi untuk menaikkan  Datuk Seri Hishammuddin Hussein  sebagai Perdana Menteri. Amaran itu dibuat selepas Lokman secara terbuka menggelar beliau sebagai ‘Ketua Pemuda H20’ dalam satu wawancara bersama sebuah platform baru-baru ini. Menurut Muhamad Akmal, Lokman kini mempunyai dua pilihan, sama ada menjawab saman beliau di mahkamah ataupun bertemu di gelanggang bagi menyelesaikan isu berkenaan. “Kamu ada dua pilihan. Pilihan pertama, kita lawan di mahkamah. Aku saman kamu," cabar Akmal. Lokman berpendapat, Ahli Dewan Undangan Negeri (ADUN) Merlimau itu menggunakan kelebih...
Read more

Isu Stadium Shah Alam, suami Hannah Yeoh dapat kontrak, parkir, terkini babi — faktor penyumbang PH kalah di PRN akan datang

Image
Lebih kurang UMNO juga Satu demi satu isu mencurigakan berlaku di Selangor. Pada mulanya Pakatan Harapan (PH) disangka akan membuat pembaharuan. Rupanya lebih kurang UMNO juga. Jika UMNO sudah dihukum rakyat di Selangor, maka sudah tiba giliran PH pula. Seperti tajuk di atas, isu Stadium Shah Alam, suami Menteri DAP Puan Hannah Yeoh dapat kontrak, kontroversi pemilik syarikat parkir, dan terkini kontroversi ladang babi dijangka akan menjadi faktor penyumbang PH kalah di PRN akan datang. Semalam,  MalaysiaGazette melaporkan b ekas Ketua Penerangan UMNO Selangor Encik Isham Jalil menyarankan Menteri Besar Selangor, para Exco Kerajaan Negeri dan penyokongnya supaya berpindah ke Bukit Tagar, kawasan berdekatan ladang babi yang menimbulkan kontroversi. Dengan tindakan berkenaan, barulah kepimpinan Selangor akan memahami bantahan  penduduk  Selangor terhadap cadangan untuk menjadikan negeri berkenaan sebagai pengeksport babi terbesar ke Singapura. “ Selepas   itu   b...
Read more

OVERCONCENTRATION OF A MALAY POPULATION MAKES SHAH ALAM A GHOST CITY, SAYS ANALYST

Image
Shah Alam City YESTERDAY, FMT reported that the capital city of Selangor had become very quiet, slow and almost no business, many buildings unoccupied, which one of them only utilised by less than ten staff of a company. Some factories closed down, businesses from petty traders to big timers closed shops for the past six months and so on. Even foreign business people from Indonesia and Pakistan decided to go back to their respective countries or moved to other places. A prominent business analyst, in his blog wrote that one of the reasons for the downfall of Shah Alam was the government's policy in overconcentrating a Malay population in the said city. Syed Albar Ali also suggested other reasons as well. Below is the write-up as published by OutSyed The Box on 30 January 2020. Syed Akbar Ali's comments :   Just the other day Forest City announced 400 staff were being let go.  Could it be because things are not so great anymore? D...
Read more

It happens everywhere—Not only in our country

Image
THE WOLF NEVER WANTED THE ARGUMENT A Wolf And A Lamb Meet At A Stream. Not As Enemies. As Neighbors Sharing Water. The Wolf Is Higher Up The Brook. The Water Runs From Him To Her. Still, He Accuses. “You Muddy My Water.” The Lamb Answers Gently. She Is Correct. Physics Is On Her Side. The Water Cannot Flow Upward. The Accusation Collapses Instantly. So The Wolf Replaces It. “I Heard You Spoke Ill Of Me Last Year.” The Lamb Explains Again. She Is Six Months Old. She Did Not Exist Last Year. Another Charge Fails. So The Wolf Stops Pretending To Care About Truth. “If It Was Not You, It Was Your Father.” And With That, The Argument Ends. The Teeth Appear. The Lamb Is Eaten. This Story Is Not About Cruelty. It Is About Power. The Wolf Never Wanted An Explanation. He Wanted A Justification. Each Accusation Was Not A Question But A Stepping Stone Toward An Outcome Already Decided. This Is The Pattern Predators Follow: They Accuse First. Then Adjust The Accusation Until Resistance Looks Like G...
Read more

Pengisytiharan Pengurniaan Gelaran Tengku Puan Bendahara

Image
Agensi berita rasmi Malaysia Bernama melaporkan Istana Pahang semalam mengisytiharkan Sultan Pahang Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah berkenan mengurniakan gelaran Tengku Puan Bendahara kepada Tengku Natasya Puteri Tengku Adnan. Pengelola Bijaya Diraja Sultan Pahang Mejar Jeneral Datuk Mohamed Zahari Yahya menerusi pengisytiharan memaklumkan gelaran berkenaan berkuat kuasa mulai 1 Januari 2026. Tengku Natasya Puteri merupakan isteri kepada Tengku Arif Bendahara Tengku Muhammad Iskandar Ri'ayatuddin Shah Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah, dan pasangan diraja itu telah diijabkabulkan pada 24 Oktober 2024. End © Permadu Kunjungi blog Permadu Malaysia di  permadumalaysia.blogspot.com Oleh Fauzi Kadir Ketua Pengarang Penolong Pengarang Nazura Othman Suntingan terakhir dan dibawa kepada anda oleh Fauzi Kadir   KETUA PENGARANG © 2026 Permadu Malaysia Semua Hak Cipta Terpelihara E-mel:  permadu@gmail.com DILULUSKAN UNTUK SIARAN OLEH LEMB...
Read more

Sama juga dengan awak semasa menjadi Ketua Pesuruhjaya SPRM dulu

Image
Politik kelas kambing memang begitu Walaupun bekas perdana menteri Datuk Seri Mohd Najib Tun Abdul Razak dijatuhi hukuman penjara kerana menyelewengkan dana 1MDB, namun peguam dan aktivis Cik Latheefa Koya berkata dia tiada banyak sebab untuk meraikannya, lapor  Malaysiakini semalam. Bekas ketua Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) itu membangkitkan isu pilih kasih antara apa yang berlaku terhadap Najib dan beberapa ahli politik lain yang sebersekutu dengan Perdana Menteri Datuk Seri Anwar Ibrahim. “Keadilan jenayah mesti dilaksanakan secara saksama dan undang-undang mesti diterapkan sama rata. Orang ramai tahu ini tidak berlaku. “Najib ke penjara — tetapi mereka yang berada di peringkat tertinggi kerajaan Sabah, sekutu politik kerajaan Madani, yang dirakam dalam video menerima rasuah — masih bebas seperti burung,” katanya. “Dan (Datuk Seri Dr Ahmad) Zahid (Hamidi), sekutu utama PMX — yang tanpa sokongannya kerajaan Madani akan tumbang — kes rasuahnya digugurkan — begitu ...
Read more

Syukri Razab Presiden Parti Bersama Malaysia

Image
Dalam satu perkembangan yang agak memeranjatkan, teraju utama Parti Bersama Malaysia (Bersama) Datuk Seri Rafizi Ramli mengesahkan Encik Syukri Razab ( gambar , atas sekali ) adalah presiden parti itu dan namanya berdaftar dengan Pendaftar Pertubuhan (RoS - Registrar of Society) Malaysia. Beliau merupakan bekas pegawai khas kepada Rafizi Ramli. Selepas pengambilalihan parti tersebut, Rafizi dan Encik Nik Nazmi Nik Ahmad mengambil alih peranan sebagai peneraju utama parti, namun Syukri Razab kekal memegang jawatan Presiden Parti Bersama. Rafizi menjelaskan sedikit sebanyak mengenai latar belakang Syukri dalam satu persembahan video hari ini. End © Permadu Kunjungi blog Permadu Malaysia di permadumalaysia.blogspot.com Oleh Fauzi Kadir Ketua Pengarang Penolong Pengarang Nazura Othman Suntingan terakhir dan dibawa kepada anda oleh Fauzi Kadir KETUA PENGARANG © 2026 Permadu Malaysia Semua Hak Cipta Terpelihara E-mel: permadu@gmail.com DILULUSKAN UNTUK SIARAN OLEH LEMBAGA SIDANG PENGARANG ...
Read more

If PN chairmanship is for PAS, Hadi is the most suitable candidate, not Samsuri

Image
Samsuri has not proven any significant contribution to Terengganu and Malaysia Yes, Samsuri has potential to become a future leader, but not now Kamaruddin Noor and R Sri Sanjeevan said a party president should head PN, but Razali Idris said Ahmad Samsuri Mokhtar would be a good fit.   One of Malaysian leading political news portals, FMT today reported two parti Pribumi Bersatu Malaysia (Bersatu) leaders have poured cold water on a proposal for PAS vice-president Datuk Seri Dr Ahmad Samsuri Mokhtar to be a candidate for the post of Perikatan Nasional (PN) chairman, saying that the position is best held by a party president. Kelantan Bersatu chief Encik Kamaruddin Noor said the PN chairman should ideally be appointed from among party leaders while Bersatu associate wing vice-chief Encik R Sri Sanjeevan said it would be more appropriate if the chairman is a party president. However, Terengganu Bersatu chief Encik Razali Idris, a Supreme Council member, said Samsuri would be a good f...
Read more