From left: Berjaya group founder Tan Sri Vincent Tan, Johor ruler Sultan Ibrahim Ibni Almarhum Sultan Iskandar, Mayor of Kyoto Daisaku Kadokawa and Four Seasons Hotels and Resorts founder and chairman Isadore Sharp. The Sultan signed a plaque to open the Hotel in November 2016. (File pic)
KUALA LUMPUR: Berjaya Corp
Bhd (BCorp) is seeking shareholder ratification for the disposal of its trust beneficial interest in Four Seasons Hotel & Hotel Residences Kyoto in Japan to Godo Kaisha Tigre for 50.79 billion yen (about RM2.06bil).
BCorp said the sale consideration of 49 billion yen (about RM1.99bil) included the building consumption tax of 1.79 billion yen (about RM2.52mil) due to the tax authority of japan and the subsequent leaseback of the hotel.
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