Berjaya Corp disposes of 2.24% stake in BLand to rectify public shareholding spread
BCorp disposed of 110 million shares in BLand held under Juara Sejati Sdn Bhd via a direct business transaction on Sept 22.
BCorp disposed of 110 million shares in BLand held under Juara Sejati Sdn Bhd via a direct business transaction on Sept 22.
On Tuesday, BLand said Tun Aminah holds a 30% stake in Berjaya Rail, which is actively participating in the request for information exercise by MyHSR Corp for the revilatised Kuala Lumpur-Singapore High Speed Rail project.
The group said most of its business segments reported improved performance in FY2023 after the resumption of international and domestic travel and further relaxation of the Covid-19 restrictions.
Tan Sri Vincent Tan’s counsel Chuar Kia Lin confirmed with The Edge that the Shah Alam High Court allowed the ex-parte injunction application earlier on Thursday (Aug 17).
Abang Abdillah Izzarim Abang Abdul Rahman Zohari, 45, is the son of Sarawak Premier Tan Sri Abang Abdul Rahman Zohari Abang Openg, more popularly known as Abang Johari or Abang Jo.
Tan and BLand are seeking general damages, compensatory damages, aggravated damages and exemplary damages.
The company and Tan have also lodged several police reports against Sanusi and bloggers Murray Hunter, Badrul Hisham Shaharin (better known as Chegubard) and Raja Petra Kamarudin, over the alleged publication of similar defamatory and untrue remarks relating to the SMG project.
The group also saw higher property progress billings from its property development and investment business segment, coming from its project at The Tropika, Bukit Jalil.
In a statement on Wednesday (May 17), BLand said it will initially engage in the Request for Information exercise, conducted by MyHSR Corp Sdn Bhd, under the Ministry of Finance.
This slashed his direct shareholding in BLand to 33.