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BAssets denies reports on Johor casino
by Cals Mon 13 Jan 2014, 02:13
Published: Saturday January 11, 2014 MYT 12:00:00 AM
Updated: Saturday January 11, 2014 MYT 7:58:24 AM
BAssets denies reports on Johor casino
PETALING JAYA: Berjaya Assets Bhd has refuted reports saying that the company would open a casino in Johor.
“The board would like to formally state that there is no truth to the speculation regarding the possibility of the company being given the right to operate a gaming establishment akin to a casino in Johor,” it said in a statement.
The statement came following recent articles by a financial daily and a weekly business magazine that had alluded to the possibility of the group gaining the right to operate a casino in Johor.
Berjaya Assets said the articles were “mischievous and highly speculative”.
“The board would like to extend its appreciation to the Mentri Besar of Johor for confirming that casino operations similar to Singapore will not be allowed in Johor,” it said.
Berjaya Assets said it was of the view that Johor had and would continue to enjoy robust and sustained growth due to the various Federal and State Government initiatives to attract investors, with the real estate sector, especially those in close proximity to Singapore, expected to perform well.
“Berjaya Assets hopes to be able to capitalise on this opportunity by investing more in Johor,” it added.
Updated: Saturday January 11, 2014 MYT 7:58:24 AM
BAssets denies reports on Johor casino
PETALING JAYA: Berjaya Assets Bhd has refuted reports saying that the company would open a casino in Johor.
“The board would like to formally state that there is no truth to the speculation regarding the possibility of the company being given the right to operate a gaming establishment akin to a casino in Johor,” it said in a statement.
The statement came following recent articles by a financial daily and a weekly business magazine that had alluded to the possibility of the group gaining the right to operate a casino in Johor.
Berjaya Assets said the articles were “mischievous and highly speculative”.
“The board would like to extend its appreciation to the Mentri Besar of Johor for confirming that casino operations similar to Singapore will not be allowed in Johor,” it said.
Berjaya Assets said it was of the view that Johor had and would continue to enjoy robust and sustained growth due to the various Federal and State Government initiatives to attract investors, with the real estate sector, especially those in close proximity to Singapore, expected to perform well.
“Berjaya Assets hopes to be able to capitalise on this opportunity by investing more in Johor,” it added.
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