Vincent Tan cuts Berjaya Corp stake for at least RM115m, exits substantial shareholder list in six firms
Malaysian businessman Vincent Tan has reduced his stake in Berjaya Corporation and exited the substantial shareholder list of six other companies. The move follows a series of direct business transactions, though Berjaya Corp maintains its holdings in those entities.
Why it matters
This reflects a significant shift in corporate ownership structure and personal investment strategy for a major Malaysian conglomerate leader.
BURSA SGX Home Highlight KUALA LUMPUR (June 3): Tan Sri Vincent Tan Chee Yioun has reduced his stake in Berjaya Corporation Bhd (KL: BJCORP ) and ceased to be a substantial shareholder in six listed companies, according to filings with Bursa Malaysia.
The article is a factual report based on stock exchange filings.
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