KUALA LUMPUR: Berjaya Corp
Bhd’s (BCorp) wholly-owned subsidiary, Inter-Pacific Credits Sdn Bhd (IPCredits), has acquired 42.50 million ordinary shares, representing about a 1.66% equity interest in Berjaya Assets Bhd for RM12.75mil in cash, or 30 sen per share.
Following the acquisition, BCorp and its subsidiaries’ shareholding in BAssets increased to approximately 13.96%, comprising 357.05 million shares.
