PETALING JAYA: Berjaya Corp
Bhd (BCorp) and its wholly owned subsidiary, Berjaya Forest Products (Luxembourg) Sarl (BForest), have entered into two disposal agreements with Malaysian businessman Tong Kooi Ong’s UPP Holdings Ltd, which will see the former net a gain of C$23.14mil (RM72.82mil).
In a filing with Bursa Malaysia, BCorp said that the first proposal was for BCorp to dispose the entire 12.67 million common shares or 39.09% equity interest in Taiga Building Products Ltd by BForest to UPP for C$12.67mil (RM39.87mil),
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
