Naza Group completes acquisition of 100 % stake in Berjaya Enviro

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KUALA LUMPUR: Naza Corporation Holdings Sdn Bhd (Naza Group) has completed the acquisition of a 100 per cent stake in Berjaya Enviro Holdings Sdn Bhd ...

: Naza Corporation Holdings Sdn Bhd has completed the acquisition of a 100 per cent stake in Berjaya Enviro Holdings Sdn Bhd , a prominent player in the waste management industry, for RM700 million.

The acquisition also involved Naza taking over seven entities under BEnviro, namely BPJ-Berjaya Sdn Bhd, Berjaya Eco Services Sdn Bhd, Save the Sea Sdn Bhd, Berjaya Enviro Parks Sdn Bhd, Amita Berjaya Sdn Bhd, J&T Berjaya Alam Murni Sdn Bhd, and Berjaya Energies Sdn Bhd. “Waste management, a crucial aspect of green economy, which is expected to see a sizeable growth, perfectly aligns with our vision.

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