In the year 1984, the company's sole founder, Vincent Tan Chee Yioun, acquired a significant controlling stake in the Berjaya Industrial Berhad (formerly known as Berjaya Kawat Berhad and now known as Reka Pacific Berhad) from the founders Broken Hill, Australia and National Iron & Steel Mills, Singapore. The shareholding change also resulted in a major change in the business, direction and the dynamic growth of a diversified conglomerate under the flagship of Berjaya Corporation Berhad.
In 1988, following a major restructuring, Berjaya Group Berhad became the holding company of Reka Pacific Berhad.
Inter-Pacific Industrial Group Berhad (formerly known as Raleigh Berhad) was founded in 1967 as a manufacturer of bicycles. In 1969, the organisation gained official listing on Bursa Malaysia Securities Berhad.