BCorp calls off phar­macy JV plan

New Straits Times - - Business / News -

Ber­jaya Corp Bhd (BCorp) has called off a pro­posed joint ven­ture (JV) to op­er­ate a new phar­macy chain with Aus­tralia-based CW Re­tail Asia Pty Ltd. “The board of di­rec­tors of BCorp wishes to an­nounce that all par­ties have mu­tu­ally agreed to ter­mi­nate the pro­posed JV,” it said in a Bursa

Malaysia fil­ing yes­ter­day. The com­pany did not pro­vide any rea­son for the ter­mi­na­tion. In March last year, BCorp, through its in­di­rect unit, Morn­ing Charm Sdn Bhd, inked the deal with CW Re­tail.

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