Private company

Johor Corporation

Logo: RCCD Johor Corporation, CC BY-SA 4.0, via Wikimedia Commons³

State owned corporation

Johor Corporation (JCorp, Malay: Perbadanan Johor) is Johor’s principal development institution for the State of Johor, Malaysia. Headquartered in Johor Bahru, its operations extend across multiple countries including Malaysia, Singapore, Indonesia, Brunei, Australia, Thailand, Cambodia and Bangladesh.² Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1968Founded¹

HeadquartersKOMTAR JBCC Tower¹
Websitewww.jcorp.com.my

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The story

JCorp was incorporated as Perbadanan Kemajuan Negeri Johor (PKENJ) or Johor State Economic Development Corporation (JSEDC) by the Johor State Government under enactment No. 4/1968, which was passed on 18 May 1968 as the principal development institution to drive the growth of the state’s economy. It was later amended in 1995 and renamed to Johor Corporation (Pindaan; Enakmen No. 5/1995).

The corporation was initially funded with a RM10 million loan from the State Government to fund its entry into the plantation business. JCorp has had three significant stages of evolution over the past 50 years.

JCorp 1.0 commenced in 1968 and was mandated to eradicate poverty and to organise society.

The Group transitioned into JCorp 2.0 stage in 1995 to accelerate economic growth. With a net asset value of RM2.2 billion at the time, JCorp was Malaysia's largest SEDC.

In 2020, JCorp 3.0 was initiated to reinvent, reset, reimagine and future-proof its businesses.

From Wikipedia’s article on Johor Corporation, shared under CC BY-SA 4.0.⁴

Products and brands

Agribusiness

Kulim Berhad

Kulim's focus is now on its two core segments – plantation and agrofood.

Under the business reorganisation, Kulim's plantation arm, Johor Plantations Group Berhad owns and manages plantations and mills in Malaysia, focusing on the state of Johor, and is involved in oil palm cultivation and the processing of FFB into CPO and PK.

Johor Plantations Group Berhad (JPG)

Johor Plantations Group Berhad (JPG), formerly known as Johor Plantations Berhad/Mahamurni Plantations Sdn Bhd, aspires to lead the charge in RSPO-certified sustainable palm oil production and regenerative agriculture. Through collaboration with MPOB, JPG produced Clonal Palm Series 3 (CPS3), which is a high-quality oil palm clone capable of increasing productivity through higher Fresh Fruit Brunches (FFB) yields and OER, to be offered for commercial cultivation.

All estates and mills are RSPO-certified; four of their mills have Identity Preserved (IP) status where CPO from these mills can be traced to their source which, in turn, have been certified.

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It was listed on the main market of Bursa Malaysia on 9 July 2024. The July IPO raised RM735 million through the offer of 875 million shares, marking the largest IPO since March 2022 and demonstrating strong market interest in its growth potential.

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QSR and its subsidiaries are accredited by the Department of Islamic Development Malaysia (JAKIM) for compliance with halal standards, ensuring their operations adhere to Islamic dietary laws.