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.

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Business , berjaya times square , sultan of johore , berjaya assets

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