Vincent Tan Reduces Berjaya Holdings Stake Through Asset Sales
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: Bloomberg
Sale of Shares: Malaysian tycoon Vincent Tan sold 115 million ringgit (approximately $29 million) worth of shares in conglomerate Berjaya Corp. Bhd.
Reduction of Holdings: This sale is part of a series of disposals that have reduced his holding in the company to about 15%.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
