Johor Sultan buying stake for RM250m cash in Berjaya Times Square

By B.K. SIDHU

PETALING JAYA: Fresh from selling six plots of land in Johor Baru for a whopping RM4.5bil, the Johor Sultan has entered into an agreement to buy a 20% stake in Berjaya Times Square Sdn Bhd (BTS), which among others, owns the Berjaya Times Square Mall in Jalan Imbi, for RM250mil cash.

This is not the first investment the ruler of Johor has made in recent months, as he is seen to be picking up assets and emerging as shareholder in companies.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , berjaya times square , sultan of johore , berjaya assets

Next In Business News
Binastra unit accepts RM742.86mil building contract in Johor
CPO prices to stay range-bound at RM4,000-RM4,300 per tonne in Feb - MPOC
Maybank shares up following launch of new five-year strategy
MMC Ports targets digital consolidation and operational resilience in pivotal 2026
Dollar down as 'Sell America' trade revives; yen slumps on Japan fiscal worries
Ringgit edges up against US$, major currencies in early trade
FBM KLCI loses more ground after 1,700 support breach
Trading ideas: IJM, Dayang, Mitrajaya, KKB, Greentronics, LFE, Swift, ICT Zone, PJBumi, Reservoir Link, MyTech, Reneuco. One Gasmaster, ISF, Ancom Nylex
IMF raises Malaysia's real GDP growth forecast to 4.3% for 2026, 2027
Oil rises on Kazakh supply disruptions, upbeat data

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.