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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...