Berjaya Auto buys stake in Mazda assembly plant


The latest Mazda CX-5 with a larger capacity 2.5-litre displacement petrol engine.

BERJAYA Auto Bhd (BAuto), which recently acquired a 20% stake in vehicle assembly plant Inokom Corp Sdn Bhd, believes that having a more profound presence in the latter would help the company have better control of its sales and growth prospects.

“Basically by acquiring the stake in Inokom, BAuto will have a representation in the assembly company,” BAuto executive director and chief executive officer Datuk Seri Ben Yeoh tells StarBizWeek.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Berjaya Auto , Ben Yeoh , Inokom ,

   

Next In Business News

Inflation rises slightly in October
Market struggles to find direction
RHB, CGC in LCTF portfolio guarantee deal
Affin Bank 3Q earnings jump 45%
Allianz quarterly top line climbs 10%
Lagenda Properties' unit secures contract worth up to RM99.6mil
Icon Offshore secures four key agreements to drive portfolio growth and expansion
RHB, CGC ink Malaysia’s first LCTF portfolio guarantee agreement, valued at RM400mil
Solarvest secures RM142mil solar EPCC contract in Kedah
Allianz Malaysia posts 7.4% lower earnings of RM183.17mil in 3Q

Others Also Read