Oriental Holdings sells unit to Berjaya Assets for RM32.5mil


PETALING JAYA: Oriental Holdings Bhd is selling its car assembly and automotive parts manufacturing unit to Berjaya Assets Bhd for RM32.5mil.

In a filing with Bursa Malaysia yesterday, Oriental Holdings said the disposal of Oriental Assemblers Sdn Bhd was aligned with the group’s core strategy of streamlining businesses and exiting the automotive assembly operations.

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