Berjaya Land Shares Jump After Appointment of New Chairperson

By Ying Xian Wong

Berjaya Land shares jumped after the appointment of a Johor royal family member as chairperson of its rail arm.

Shares in the Malaysia-listed company rose as much as 22% and were recently 17% higher at 0.32 ringgit ($0.07), taking 12-month gains to 39%.

Berjaya…