BCorp in the dark about Tan’s restructuring plans


Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.

PETALING JAYA: Berjaya Corp Bhd (BCorp), the flagship company of tycoon Tan Sri Vincent Tan Chee Yioun, says it is unaware about its executive chairman’s plans to restructure his business empire.

It said the possible corporate proposals, as revealed by Tan at a press conference on Wednesday, including the potential delisting of 7-Eleven Malaysia Holdings Bhd and Berjaya Land Bhd (BLand), were Tan’s personal ideas and strategies.

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Business , Berjaya Corp , Vincent Tan , delisting , listing ,

   

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