PETALING JAYA: Berjaya Assets Bhd
(BAssets) has entered into a joint venture agreement (JV) with HSHP Auto Technology Sdn Bhd and PG Car Centre (Northern Region) Sdn Bhd to subscribe for 51% stake in Berjaya Autotech Sdn Bhd, a joint-venture company to jointly develop and expand the current automotive assembly lines and operations of B-Assembly for a cash subscription of RM5.10mil.
In a filing with Bursa Malaysia, BAssets said the JV was inked via its wholly-owned subsidiaryBerjaya Assembly Sdn Bhd (B-Assembly).
