New CEO Jalil buys 1.4% stake in BCorp - News Summed Up

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New CEO Jalil buys 1.4% stake in BCorp


KUALA LUMPUR: Newly-appointed Berjaya Corp Bhd (BCorp) group chief executive officer Abdul Jalil Abdul Rasheed has acquired 70 million BCorp shares, amounting to a 1.4% stake in the company. “I took on this group CEO role to undertake a transformation of BCorp. In my years of experience, projects of this magnitude are best achieved when the leader is well-incentivised and aligned with all minority shareholders. Being a shareholder and CEO will allow me to execute changes with the right incentive in place. “It is also a vote of confidence in the company, and addresses the seriousness of this institutionalisation phase we are undertaking, ” said Jalil.


Source: The Star March 25, 2021 00:29 UTC



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