Sports Toto in RM25mil asset purchase

Sports Toto said the proposed acquisition will enable the company to invest in the property which is income generating.

PETALING JAYA: Sports Toto Bhd is proposing to acquire three freehold commercial units located at the ground floor of Berjaya Times Square, Kuala Lumpur, from Berjaya Assets Bhd for RM24.9mil.

Berjaya Corp Bhd is a major shareholder of Sports Toto and Berjaya Assets.