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Corporate News

BCorp disposes entire stake in Peugeot dealership to Bermaz, other shareholders 

KUALA LUMPUR: Berjaya Corp Bhd (BCorp) has disposed its entire 51% stake in Peogeot distributor Berjaya Auto Alliance Sdn Bhd (BAASB) for RM6.67mil cash to other minority shareholders including Bermaz Auto Bhd.

The deal will increase Bermaz's stake in BAASB to from 20% to 55%.

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Berjaya Corp , Bermaz Auto , Jalil Rasheed

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