BFood to acquire two commercial units at Berjaya Times Square for RM15.67mil

KUALA LUMPUR: Berjaya Food Bhd (BFood) has proposed to acquire two freehold commercial units at Berjaya Times Square for a cash consideration of RM15.67mil, or RM650 per sq ft.

In a filing with Bursa Malaysia, BFood said its wholly-owned subsidiary, Berjaya Starbucks Coffee Company Sdn Bhd (BStarbucks) had entered into two separate sale and purchase agreements (SPAs) with Berjaya Times Square Sdn Bhd (BTS), a wholly-owned subsidiary of Berjaya Assets Bhd (BAssets) for the proposed acquisition.