Beritajaya 2020 Issue 1
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Berjaya Corporation Berhad’s Quarterly Newsletter - Issue 1, 2020 KDN No : PP 7432/02/2013(031932) MINISTER OF HOUSING AND LOCAL GOVERNMENT VISITS GAWAD KALINGA VILLAGES IN MANILA On 1 December 2019, the Minister of Housing and Local Government, YB Puan Hajjah Zuraida Kamaruddin visited the Gawad Kalinga communities in Quezon City and Taguig City in the Philippines, accompanied by Tan Sri Dato' Seri Vincent Tan, Executive Chairman of Berjaya Corporation Berhad, Luis Oquiñena, Chairman of Gawad Kalinga Community Development Foundation (“GK”) and Tan Eng Hwa, Executive Director of Berjaya Philippines Inc. The Minister was briefed on the multifaceted approach adopted by GK towards proverty alleviation and development through the Gawad Kalinga villages. GK is a Philippines-based poverty alleviation and nation-building organisation established in 2003. The Gawad Kalinga model has also been adopted in other developing nations like Cambodia, Indonesia and Papua New Guinea. Berjaya Philippines Inc. has been a supporter of GK since 2012. To date, the Berjaya-GK collaboration has built more than 1,000 homes for the poor in the Philippines. During the visit to the Metropolitan Manila Development Authority Flood Control Gate at Napindan, Pasig City, Tan Sri Dato' Seri Vincent Tan briefed the Minister on Berjaya's participation in helping the Philippines' Department of Environment and Natural Resources in its solid waste and waterways (Front row, from left) Tan Sri Dato’ Seri Vincent Tan, YB Puan Hajjah Zuraida Tan Sri Dato’ Seri Vincent Tan showing YB Hajjah Zuraida Kamaruddin clean-up through the use of Kamaruddin, Luis Oquiñena, and Tan Eng Hwa (second row, right) at GK PWD the trash skimmer boats at the Manila Development Authority Flood skimmer boats. Village in Quezon City. Control Gate. 33RD SPorts Toto CHINESE NEW YEAR ANG POW Donation CAMPAIGN The 33rd Sports Toto Chinese New Year Ang Pow Donation Campaign held in January 2020 brought festive cheer to more than 19,000 needy senior citizens in over 50 cities nationwide. Each beneficiary received an ang pow and a goodie bag. The donation campaign was launched by the Special Envoy of Malaysia to China cum Member of Parliament for Cheras, Y.B. Tan Kok Wai at the Kuala Lumpur and Selangor Chinese Assembly Hall (“KLSCAH”) on 9 January 2020 together with Berjaya Sports Toto Berhad Chief Executive Officer Nerine Tan, and Executive Director Vincent Seow. About 3,500 needy senior citizens including residents from 5 old folks homes in Klang Valley attended the campaign launch. Sports Toto also expressed its appreciation to over 800 employees and agents who contributed towards making the campaign a success. Since the inception of the donation campaign in 1988, Sports Toto has contributed over RM22 million worth of ang pows and goodie bags to more than 410,000 (From left) Vincent Seow, Nerine Tan and Tan Kok Wai during the distribution of ang pows and mini senior citizens nationwide. hampers. Cover Story / Corporate News It has been an eventful start to the year 2020 for the Group. I would like to extend a very warm welcome to Berjaya University College’s Chief Executive Officer, Dr See Hon Peow who joined the company in January. In February, Berjaya Land Berhad officially handed over the keys to purchasers of its first affordable homes project, Residensi Lanai. Berjaya Hotels & Resorts launched its flight services from Subang Airport to Redang Island, which will take guests only approximately one hour to travel to its two resorts on the island. Our food and beverage companies continued to expand with their respective store openings in various locations nationwide. Berjaya Enviro Holdings launched its Skimmer Boat pilot project in Semporna, Sabah which aims to clean Semporna’s seaboard area of floating debris and garbage. During Chinese New Year, employees of our operating companies brought festive cheer and contributed necessities and red packets to various underprivileged groups. The Group also supported the nation and frontliners through both monetary and in-kind contributions throughout the Movement Control Order (“MCO”) implemented by the Government since 18 March to curb the spread of the Covid-19 virus. The world is currently challenged with the Covid-19 pandemic which has put all of us into an unprecedented health and economic crisis. I would like to take this moment to acknowledge all Berjaya employees who have continued to discharge their work responsibilities during the MCO. Indirectly, you are Berjaya’s frontliners who continue to ensure that our daily operations run smoothly. As we continue our daily lives, I hope you are learning to adjust to the new norms brought about by the pandemic. Do continue to practice good hygiene habits, and adhere to the health guidelines of social distancing, avoiding large gatherings, and wearing face masks. Stay safe and keep well. Dato’ Sri Robin Tan Performance of Companies for the 2nd Financial Quarter Ended 31 December 2019 (unaudited) Company Revenue Profit/(Loss) Before Tax Revenue Profit/(Loss) Before Tax 3 Months Ended 3 Months Ended 6 Months Ended 6 Months Ended 31 December 2019 (RM’000) 31 December 2019 (RM’000) 31 December 2019 (RM‘000) 31 December 2019 (RM’000) Berjaya Corporation Berhad 2,082,837 (119,356) 4,153,882 (133,457) Berjaya Land Berhad 1,534,169 (31,527) 3,110,094 6,227 Berjaya Sports Toto Berhad 1,408,017 62,834 2,844,915 130,773 Berjaya Food Berhad 184,121 8,019 364,556 12,597 REDtone International Berhad 44,126 6,226 101,032 15,077 Berjaya Media Berhad 4,371# (2,663)# 14,358## (8,478)## Berjaya Assets Berhad 73,758 822 146,731 3,089 7-Eleven Malaysia Holdings Berhad 592,730* 11,367* 2,359,399** 54,084** # 3rd Financial Quarter ended 31 January 2020 * 4th Financial Quarter ended 31 December 2019 ## 9 months ended 31 January 2020 ** 12 months ended 31 December 2019 BERJAYA CORPORATION BERHAD PLEDGES SUPPORT FOR LOCAL PALM OIL AND OTHER COMMODITIES On 20 January 2020, Berjaya Corporation Berhad ("BCorp") hosted a local product exhibit attended by Primary Industries Minister YB Teresa Kok at Berjaya Times Square Hotel, Kuala Lumpur. The exhibit showcased a number of Malaysian commodities, particularly palm oil, cocoa and pepper successfully incorporated into various food and non-food formulations that are gaining traction in exploring niche markets in Japan and other developed markets. BCorp remains a strong supporter of Malaysian products and the Group will actively look into various locally nurtured and available supply chain to be incorporated into the consumer platforms of the Group. Tan Sri Dato’ Seri Vincent Tan and YB Teresa Kok during the exhibition. BeritaJaya Issue 1, 2020 / 2 Corporate News KEY HANDOVER CEREMONY FOR RESIDENSI LANAI PURCHASERS On 25 February 2020, Berjaya Golf Resort Berhad, a subsidiary of Berjaya Land Berhad (“B-Land”), officially handed over the keys to the purchasers of its first affordable homes project, Residensi Lanai in Bukit Jalil, Kuala Lumpur. Syed Ali, Chief Executive Officer of B-Land; Dato’ Zurainah Binti Musa, Executive Director of Berjaya Corporation Berhad and Tan Tee Ming, Senior General Manager, Property Sales and Marketing Division, B-Land were on hand to present the keys to the purchasers. Residensi Lanai is a 29-storey condominium with a 5-storey podium car park built on 2.56 acres of freehold land in Bukit Jalil. Each of its 648 units has a built-up area of 800 sq. ft., comprising 3 bedrooms and 2 bathrooms. Some of the condo units enjoy a panoramic view of the Syed Ali (6th from left), Dato’ Zurainah binti Musa (7th from left) and Tan Tee Ming (8th from left) with the purchasers of Residensi Lanai. Bukit Jalil Golf & Country Resort. Berjaya Teenstar CHALLENGE 2020 Berjaya Youth (“B.Youth”) is proud to kick-off Berjaya Teenstar Challenge 2020 (“BTSC 2020”) in January 2020 for the 5th consecutive year. The competition is open to youths aged between 12 to 19 years old who are currently studying in secondary schools, colleges and universities nationwide. The competition comprises 3 categories, namely, Solo Singing, Cultural Dancing, and Modern Dancing. This year, B.Youth reached out to approximately 10,000 young aspiring talents from over 160 secondary schools nationwide between January to March 2020. The supporting partners included Berjaya Starbucks Coffee Company (“Starbucks”), Kenny Rogers ROASTERS (“KRR”), Cosway (M) Sdn Bhd (“Cosway”), Berjaya University College (“Berjaya UC”), official hotel partner, Berjaya Hotels & Resorts (“BHR”), and Krispy Kreme Doughnuts. Since its inception in 2016, BTSC has provided ample opportunities for enthusiastic young performers to hone and sharpen their creative skills while encouraging teamwork and personal expression through healthy competition and interaction with others. In light of the Covid-19 pandemic outbreak, the competition was cancelled in March 2020 due to health and safety concerns. SMK Pendeta Za’Ba, Negeri Sembilan SMK Bandar Baru Seri Sendayan, Negeri Sembilan SMK St. Gabriel, Kuala Lumpur SMK Aminuddin Baki, Kuala Lumpur Penang Free School, Penang SMK St. George (M), Penang 3 / BeritaJaya Issue 1, 2020 Human Resource YES-2-WORK PROGRAMME VISIT TO COUNTRY FARM On 11 February 2020, Berjaya Corporation Berhad (“BCorp”) participated in the Yes-2-Work Programme organised by TalentCorp to connect varsity ORGANICS students and graduates with potential employers. More than 250 students and On 17 December 2019, Group Human Resource & Administration (“Group graduates participated in the programme where BCorp had the opportunity to HR & Admin”) visited Country Farms Sdn Bhd (“Country Farms”) in Shah scout for potential candidates and promote the companies under the Group. Alam, a subsidiary of Berjaya Corporation Berhad to learn about the Company’s business operations and products. Group HR & Admin also took the opportunity to share Berjaya's Employee Value Proposition with Country Farms' staff members.