Berjaya Philippines Inc., the local arm of Malaysia-based Berjaya Group, is expanding its presence in London by buying a 50-percent stake in real estate firm RBW Holdings Ltd., barely six months after having taken over Britain’s biggest luxury car dealer.

In a disclosure to the Philippine Stock Exchange on Friday, Berjaya Philippines said it bought 50,001 shares in RBW, which is engaged in the business of “acquiring and developing real estate in the United Kingdom focusing in London,” for 1 British pound a share or for a total of 50,001 pounds.

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