Berjaya Corp unit buys land in Japan

Berjaya Corp said the 2.10ha land was the last waterfront undeveloped area in Yokohama city situated in the vicinity of key city landmarks such as the Yokohama Landmark Tower and the Yokohama Museum of Art.

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 (RM408.82mil).

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