Berjaya Corp unit buys land in Japan

KUALA LUMPUR: Berjaya Corp Bhd’s wholly owned subsidiary Berjaya Yokohama Hospitality Asset TMK (BY-TMK) has entered into a sale and purchase agreement with the City of Yokohama to acquire six parcels of freehold land for 12.657 billion yen (RM408.82 million).

In a filing with Bursa Malaysia today, Berjaya Corp said the 2.10-hectare land was the last waterfront undeveloped area in Yokohama City situated in the vicinity of key city landmarks of Yokohama such as Yokohama Landmark Tower and Yokohama Museum of Art.