Berjaya-Naza JV files suit against MoF


Share Sale Agreement Between Berjaya Corp Berhad and NAZA Corporation Holdings Sdn Bhd. 17/7/2023/S.S.Kanesan/ The Star.

PETALING JAYA: Berjaya Group founder and adviser Tan Sri Vincent Tan Chee Yioun said a joint venture between the group and Naza Group has filed a legal suit against the Finance Ministry (MoF) for terminating a letter of intent (LoI) offered to the joint-venture company.

Tan said the LoI in relation to a contract to supply government vehicles was terminated three months after former Prime Minister Tan Sri Muhyiddin Yassin took over from the previous government.

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