Johor Corporation

company based in Johor Bahru, Johor, Malaysia

Johor Corporation (JCorp) is a state principal development institution in Johor Bahru, Johor, Malaysia owned by the Johor State government.[2][3]

Johor Corporation
JCorp
FormerlyJohor State Economic Development Corporation
Company typestate-owned enterprise, conglomerate
Founded1968
HeadquartersKOMTAR JBCC Tower[1], ,
Total assetsMYR23 billion (2021)
Number of employees
63,000 (2016)
Websitejcorp.com.my

History change

The company was opened in 1968 with the name Johor State Economic Development Corporation (JSEDC). The company started its operation on 1 August 1970. In 1995, the company was renamed to Johor Corporation.[4][5]

Business change

In 2021, the company has a total asset of MYR23 billion. In 2016, the company had more than 250 subsidiaries in various industries, such as fast food, health care, plantation, property and real estates.[6] In 2016, it had more than 63,000 workforce in total.[4]

References change

  1. "News". KPJ Healthcare Berhad. 14 August 2018. Retrieved 6 January 2021.
  2. Perbadanan Johor (2017). "Dekad-Dekad Pertumbuhan" [Growth Decades] (PDF). Dewan Negeri Johor (in Malay). Retrieved 6 January 2022.
  3. Koh, Natalie (5 January 2021). "Malaysia's largest public pension fund Kwap appoints new CIO". AsianInvestor. Retrieved 6 January 2022.
  4. 4.0 4.1 Osman, Fary Akmal (2016). "State-Owned Enterprise (SOE): The Role of SOE Entrepreneurship in Nation-Building Efforts, 1970-2014" (PDF). The Business History Conference. Retrieved 6 January 2022.
  5. Othman, Ahmad Fairuz (7 May 2015). "Johor Sultan calls for the Johor Real Property and Housing Board Bill review". New Straits Times. Retrieved 6 January 2022.
  6. "Short Position - Johor Corp restructuring, Top Glove, digitil isation". The Star. 18 September 2021. Retrieved 6 January 2021.

Other websites change