Johor Corporation

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Johor Corporation
FormerlyJohor State Economic Development Corporation
Typestate-owned enterprise, conglomerate
HeadquartersKOMTAR JBCC Tower[1], ,
Total assetsMYR23 billion (2021)
Number of employees
63,000 (2016)

Johor Corporation (JCorp) is a conglomerate company in Johor Bahru, Johor, Malaysia owned by the government.[2][3]

History[change | change source]

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 | change source]

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 | change source]

  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 | change source]