Malaysia-listed conglomerate Berjaya Group has reduced its stake in Razer Fintech from 49% to 19%, according to filings made with Singapore's Accounting and Corporate Regulatory Authority (Acra).
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.