KUALA LUMPUR (March 9): Berjaya Corp Bhd (KL:BJCORP) founder Tan Sri Vincent Tan Chee Yioun sold a 5.25% stake in the lottery-to-automotive conglomerate for RM79.56 million. Tan’s private vehicle, Berjaya True Ascend Sdn Bhd, disposed of 306 million shares through a direct business transaction on March 6, according to a bourse filing on Monday. The block was disposed at 26 sen apiece. Following the disposal, Tan’s total holdings in Berjaya dropped to 1.23 billion shares, or about 21%. He directly holds 8.559%, and another 12.533% via various vehicles.

Source: The Edge Markets March 09, 2026 11:08 UTC