work with NAZA also need suspension? NAZA fail big time in auto business since the founder demise whats the big deal.......Work with TESLA only help LOL
KUALA LUMPUR (July 17): Berjaya Corp Bhd is selling its waste management business Berjaya Enviro Holdings Sdn Bhd (BEnviro) to Naza Corp Holdings Sdn Bhd for RM700 million cash, confirming The Edge Weekly’s report.
On Monday (July 17), BCorp subsidiary Berjaya Group Bhd (BGroup) inked a share sale agreement to dispose of its 100% stake in BEnviro with Naza Corp.
The proposed disposal is expected to see BCorp lock in RM490.74 million.
Upon completion of the disposal, BCorp said it will form a joint venture company with BEnviro to collaborate on new projects.
This is bizzare transaction. After selling, BCorp wants to form JV w the sub thats been sold!
SO, funds will be injected into ex subs....why the need for, esp if such project is bankable! Keep it for yr self lash, after all give the spate of marriages of VT's kids...its a BUMI Company already!
Lol...Looks like Uncle Tan will make use of BJCorp for Cashout soon since SEM already on down trend. Why share with minority when you can eat the whole cake?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
speakup
27,012 posts
Posted by speakup > 2023-06-16 15:36 | Report Abuse
Berjaya biz all cater to T20 only.
Majority are B40 M40 cannot afford their expensive Starbucks, Tioman Resort, Kenny Roger, Borders, ........... dll