Naza completes acquisition of waste management company from Berjaya for RM700m cash
Date: 3 May 2024
Publication: The Edge Malaysia
KUALA LUMPUR (May 3): Naza Corp Holdings Sdn Bhd has completed the acquisition of a 100% stake in Berjaya Enviro Holdings Sdn Bhd (BEnviro) from Berjaya Corp Bhd for RM700 million in cash, marking its entry into the green economy with a focus on municipal and scheduled waste, as well as the waste-to-energy sector.
Naza completes RM700m purchase of Berjaya waste management business
Date: 3 May 2024
Publication: The Malaysian Reserve
THE sale of Berjaya Corporation Bhd’s (BCorp) waste management unit to Naza Corporation Holdings Sdn Bhd (Naza Corp) for RM700 million has been completed, paving the way for the later to move into the waste management industry.
BCorp sells waste business to Vincent Tan’s son-in-law’s firm for RM700mil
Date: 3 May 2024
Publication: Free Malaysia Today
PETALING JAYA: Vincent Tan’s Berjaya Corp Bhd (BCorp) has completed the divestment of its 100% stake in its waste management unit Berjaya Enviro Holdings Sdn Bhd to his son-in-law’s family vehicle, Naza Corp Holdings Sdn Bhd, for RM700 million in cash.
Insiders were the biggest winners as Berjaya Assets Berhad’s (KLSE:BJASSET) market cap grew by RM77m last week
Date: 1 May 2024
Publication: Yahoo Finance
To get a sense of who is truly in control of Berjaya Assets Berhad (KLSE:BJASSET), it is important to understand the ownership structure of the business. We can see that individual insiders own the lion’s share in the company with 62% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
Police report lodged over alleged false publications
Date: 30 April 2024
Publication: The Sun
KUALA LUMPUR: In a follow-up to its media statement on April 26, Berjaya Corporation Bhd said its lawyer has lodged a police report against Bloomberg LP and The Edge Singapore about their alleged publication of false news regarding the Forest City project in Johor.
Berjaya rejects links to purported casino in Forest City, bids to unmask sources
Date: 29 April 2024
Publication: Malay Mail
KUALA LUMPUR, April 29 — Berjaya Corporation Berhad (BCorp) said its founder Tan Sri Vincent Tan did not participate in any discussions for a casino licence in Forest City, Johor, as reported last week.
Malaysiakini:
Berjaya Corp Bhd lodged a police report on April 26 in a bid to track down the “unnamed sources” quoted in a Bloomberg report about a purported plan to build a casino in Forest City.
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NEWS COVERAGE
Berjaya urges cops to find ‘unnamed sources’ behind Bloomberg report
Date: 29 April 2024
Publication: Malaysiakini
Berjaya Corp Bhd lodged a police report on April 26 in a bid to track down the “unnamed sources” quoted in a Bloomberg report about a purported plan to build a casino in Forest City.
Kasino Forest City, Berjaya Corp lapor polis kenal pasti ‘sumber tidak dinamakan’
Date: 29 April 2024
Publication: Berita Harian
KUALA LUMPUR: Berjaya Corporation Bhd (Berjaya Corp) membuat laporan polis terhadap dakwaan artikel mengaitkan Pengasasnya, Tan Sri Vincent Tan terbabit dalam perbincangan bersama Perdana Menteri, Datuk Seri Anwar Ibrahim membuka kasino di Forest City, Johor.