BCorp said it has entered into a termination agreement with Berjaya Retail Sdn Bhd (BRetail) and Tan Sri Vincent Tan (pic) to mutually terminate a memorandum of understanding (MoU).
PETALING JAYA: Berjaya Corp
Bhd (BCorp) has cancelled its plan to take over home electronic appliances distributor Singer (M) Sdn Bhd, a deal that could have cost more than half a billion ringgit.
The plan to buy Singer Group was announced less than two months ago.
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