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Berjaya Corp monetises three non-core businesses

PETALING JAYA: Berjaya Corp Bhd has divested three non-core businesses for a cumulative value of over RM263mil, in line with its three-year plan to focus on its core businesses.

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Trading ideas: ATA IMS, AME Elite, Fitters Diversified, BCorp

KUALA LUMPUR: ATA IMS Bhd, AME Elite Consortium Bhd, Fitters Diversified Bhd and Berjaya Corp Bhd are among the stocks to watch on Friday, according to JF Apex Research.

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Maybank, MSM, ATA IMS, Matrix, Dutch Lady, TNB, SimeProp, Media Prima, Kenanga, Berjaya, CTOS, RCE Capital, ES Ceramics, Southern Cable, Tan Chong Motor, Tasco, Tiong Nam Logistics, 7-Eleven Malaysia, Sunway, GenM and Genting

Based on corporate announcements and news flow on Thursday, companies in focus on Friday may include Malayan Banking Bhd (Maybank), MSM Malaysia Holdings Bhd, ATA IMS Bhd, Matrix Concepts Holdings Bhd, Dutch Lady Milk Industries Bhd, Tenaga Nasional Bhd (TNB), Sime Darby Property Bhd, Media Prima Bhd, Kenanga Investment Bank Bhd, Berjaya Corporation Bhd, CTOS Digital Bhd, RCE Capital Bhd, ES Ceramics Technology Bhd, Southern Cable Group Bhd, Tan Chong Motor Holdings Bhd, Tasco Bhd, Tiong Nam Logistics Holdings Bhd, 7-Eleven Malaysia Holdings Bhd, Sunway Bhd, Genting Malaysia Bhd and Genting Bhd.

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Berjaya Corp divests non-core businesses in line with transformation plan | Money

KUALA LUMPUR, Nov 25 Berjaya Corporation Bhd (BCorp) has divested its 30 per cent equity interest in Razer Fintech Holdings Pte Ltd to Razer Midas Pte Ltd for a cash consideration of US$53.57 million (equivalent to about RM223.89 million). Berjaya Fintech Sdn Bhd (BFintech) owns a 49 per cent.

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