Thu Jun 04, 2026 12:38 pm
Tan Sri Vincent Tan has reduced his shareholding in Berjaya Corporation Bhd (Berjaya Corp) through a series of direct market disposals, in a move that has trimmed his stake and changed his status among substantial shareholders.
According to recent Bursa Malaysia filings and reporting:
* He disposed of about 461.65 million Berjaya Corp shares via several transactions, estimated at roughly RM115 million in total proceeds
* After these sales, his total stake fell to around 15.08%, combining direct and deemed interests
* His direct shareholding is now about 4.11%, with the rest held indirectly through associated entities
What this means:
* He has reduced exposure to Berjaya Corp, but he has not exited the group.
* He still remains a significant shareholder, just with a smaller direct holding.
* The disposals were done via open market/direct business transactions, which is typical for gradual stake trimming rather than a takeover or exit.
Important context
This isn’t an isolated move, as he has also been:
* Adjusting stakes within the wider Berjaya group companies
* Recycling capital across investments (including property, gaming, and other assets within his portfolio)
Bottom line
The most realistic reading is that he is actively rebalancing the Berjaya group structure while freeing cash for larger strategic investments, rather than exiting or signalling weakness in the group.