BCorp acquires 1.66% stake in Berjaya Assets


Following the acquisition, BCorp and its subsidiaries’ shareholding in Berjaya Assets increased to approximately 13.96%.

PETALING JAYA: 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 Berjaya Assets increased to approximately 13.96%, comprising 357.05 million shares.

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