KUALA LUMPUR: More interesting details of Berjaya Corp Bhd’s (BCorp) three-year strategic plan have been unveiled after the ambitious plan fell short of investor expectations last month. Abdul Jalil said the group has not set a timeline for the privatisation of BLand but he hoped to do it “soon than later” and relist it later. Besides that, Abdul Jalil pointed out that the group plans to sell BToto because it is a highly regulated business. Overall, Abdul Jalil said the group’s transformation plan also included performance monitoring of its subsidiaries. BCorp’s shares hit a high of 34.5 sen on June 16 after the transformation plan was announced.

Source: The Star July 15, 2021 22:52 UTC