Naza Group completes acquisition of 100% stake in Berjaya Enviro

Naza Group executive chairman SM Nasarudin SM Nasimuddin

The Star Online | 03 May 2024

KUALA LUMPUR: Naza Corp Holdings Sdn Bhd (Naza Group) has completed the acquisition of a 100% stake in Berjaya Enviro Holdings Sdn Bhd (BEnviro) for RM700mil.

In a statement, Naza Group said the acquisition presented a unique opportunity for the group to venture into the green economy, capitalising on growth opportunities in municipal solid waste (MSW), scheduled waste (SW) and waste to energy (WTE) sectors.

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Naza Group of Companies

The NAZA Group is a well established family owned business. The Group has diversified and ventured into businesses such as Property Development, Engineering and construction, Automotive Distribution, Asset Management, Telecommunications infrastructure, Food & Beverage and Strategic Investment.

In 2019, The Group went through a strategic transformation, termed NAZA2.0. and with the Group’s new business model, it set the groundwork for the Group to focus on its profitable and exclusive brands ensuring its business remains robust and sustainable.

Naza Group completes acquisition of 100% stake in Berjaya Enviro

Naza Group of Companies

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