Naza Group completes acquisition of 100% stake in Berjaya Enviro

Naza Group executive chairman SM Nasarudin SM Nasimuddin

KUALA LUMPUR: Naza Corp Holdings Sdn Bhd (Naza Group) has completed the acquisition of a 100% stake in Berjaya Enviro Holdings Sdn Bhd (BEnviro) for RM700mil.

In a statement, Naza Group said the acquisition presented a unique opportunity for the group to venture into the green economy, capitalising on growth opportunities in municipal solid waste (MSW), scheduled waste (SW) and waste to energy (WTE) sectors.