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Berjaya Food to acquire two commercial units in Berjaya Times Square for RM15.67

In a filing with Bursa Malaysia on Wednesday, Berjaya Food said its wholly-owned subsidiary Berjaya Starbucks Coffee Company Sdn Bhd (BStarbucks) has entered two separate sale and purchase agreements with Berjaya Times Square Sdn Bhd (BTS), a wholly-owned subsidiary of Berjaya Assets Bhd for the proposed acquisition of the units located on Level 10, Berjaya Times Square in Jalan Imbi, Kuala Lumpur.

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MIDF Research sees 'no catalyst' ahead for listed construction firms

“If you look at the [recent] Budget, there are a lot of potential construction jobs but what we see is that there is some de-emphasis on the government in terms of mega projects like there is no mention of Mass Rapid Transit Line 3 (MRT3) for example. Secondly, a lot of the construction projects and the development expenditure (DE) most likely will benefit smaller non-listed players.

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