Tuesday, March 9, 2010

Berjaya Corp 'deeply undervalued'

Berjaya Corp, a Malaysian property, betting and insurance group, is “deeply undervalued” with a net asset value of RM2.75 a share, according to AmResearch Sdn Bhd in a report today.

The company aims to raise RM800 million from non-core asset sales in the financial year 2011, AmResearch said. -- Bloomberg

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