Berjaya Land sells China mall for RM1.39bil


Mall being sold: A 2012 photo of the Great Mall of China in Hebei province, China under construction. Berjaya (China) Great Mall Co Ltd is selling the mall for RM1.39bil.

KUALA LUMPUR: Berjaya Land Bhd (BLand), through its unit’s 51% owned subsidiary Berjaya (China) Great Mall Co Ltd (GMOC), is selling its under-construction Berjaya (China) Great Mall Recreation Centre in Hebei Province for 2.08 billion yuan (RM1.39bil) cash.

In a filing with Bursa Malaysia, BLand said GMOC, a subsidiary of Berjaya Leisure (Cayman) Ltd, had yesterday entered into a construction project transfer agreement with Beijing SkyOcean International Holdings Ltd.

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