KUALA LUMPUR, June 15 — Berjaya Corp Bhd has revealed its three-year strategic plan to reduce its debt to RM2.5 billion from RM5 billion at present.
The plan incorporates prospective mergers and acquisitions, joint-ventures, and initial public offerings, as well as divesting assets worth RM2 billion over two years and RM5 billion over five years.“We have identified four companies so far and we will reveal and share more details in future announcements,” he said during a virtual press media briefing today.
“I have spent the past three months studying the businesses in detail and this strategic plan is to address the gaps we have and enhance our strengths.
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