London Biscuits, What Happened to the Brand?
Timeline Description 1981 London Biscuits Berhad was established, focusing on biscuits and confectionery for export markets. 2004 London Biscuits was listed on Bursa Malaysia, positioning itself as a steady mid sized manufacturer. 2014 Trade receivables began rising significantly despite stable or declining revenue, indicating potential collection risks. 2018 The company recorded substantial impairment on receivables […]
Berjaya Food, The Making of a Global Franchise Empire
Timeline Description 1994 Kenny Rogers Roasters entered Malaysia via a franchise secured by Berjaya Corporation. Operations were managed under Berjaya Roasters, focusing on mall-based expansion. 1998 The US parent of Kenny Rogers Roasters filed for bankruptcy and was later acquired by Nathan’s Famous. This marked the beginning of ownership shifts for the global franchise. 1998 […]
Berjaya Land Berhad, Capital Engine Behind a Complex Corporate Structure
Timeline Description 1969 Sports Toto was established by the Malaysian government as a national lottery operator. It later became the foundation of Berjaya’s early cash flow engine. 1985 to 1987 Vincent Tan acquired about 70% of Sports Toto during privatisation. The company was listed and subsequently taken over by RekaPacific. 1990 Berjaya Land Berhad was […]
7-Eleven Malaysia, Scaling Through Capital Cycles
Timeline Description 1986 7-Eleven Malaysia entered via licensing between Antah Holdings and Jardine Matheson. 2001 to 2004 Acquired by Vincent Tan and injected into listed vehicle Intan Utilities Berhad. 2007 Privatised and taken back into a private structure under Berjaya Corporation Berhad. 2010 to 2011 Relisted under Berjaya Retail Berhad before being privatised again due […]
MBO Cinemas, The Final Act of a Screen Business
Timeline Description 1992 UA Cineplex Malaysia opened its first cinema in Subang Parade, marking early mall based cinema expansion. 1996 South Malaysia Industries acquired UA Cineplex and rebranded it as Smile UA, later simplified to Smile. 2000 The cinema chain was rebranded as MBO Cinemas, adopting a modern multiplex identity. 2012 Navis Capital Partners acquired […]
SHL Consolidated, primary developer of Bandar Sungai Long
Timeline Description 1940 to 1960 SHL Consolidated Berhad began as a traditional trading business before entering property development through joint ventures. The shift marked its transition into long-term township building. 1992 Sungai Long Golf and Country Club opened as the anchor of Bandar Sungai Long. The golf course was developed with international design input and […]
Cosway Berhad, The Direct Selling Giant That Listed Twice
Timeline Description 1979 Al Chuah founded Cosway in Kuala Lumpur, introducing a scalable direct selling model. 1994 Berjaya Corporation Berhad acquired an 80% stake and integrated Cosway into its listed structure. 2000 Cosway launched the Free Store model, accelerating expansion across Malaysia and regional markets. 2007 The company was privatised at about RM400 million amid […]
Sports Toto, The Making of a Cash Generating Machine
Timeline Description 1969 The Malaysian government established STM Lottery to operate Toto betting under the Pool Betting Act 1967. The objective was to fund sports and social development. 1984 Vincent Tan acquired control of Berjaya Kawat, later renamed Berjaya Industrial Berhad. This marked the start of a broader acquisition strategy. 1985 The government privatised STM, […]
Singer, A Retail and Credit Platform under Berjaya Group
Timeline Description 1985 Berjaya Group acquired a 48% stake in Singer Malaysia, becoming a key shareholder. This marked its formal entry into electrical retail. 1989 The group increased its stake by 36.5% and secured control of Singer. This established a nationwide retail foothold. 1980s to 1990s Singer expanded beyond sewing machines into household electrical appliances. […]
QL Resources’ M&A philosophy, take full control or exit completely
Timeline Description 1980s QL Resources expanded from trading into fishmeal and surimi processing, forming the foundation of its integrated agrofood model. 2010 The group acquired a strategic stake in Boilermech Holdings Berhad, entering the biomass energy segment. 2010 to 2015 QL attempted to acquire Lay Hong Berhad but exited after failing to secure control. 2021 […]