KUALA LUMPUR: Perduren Bhd has acquired Christine Inn & Recreation Sdn Bhd, which owns an 80-room budget hotel, for RM300,000, the company said on Monday, Aug 2.

The budget hotel is known as Spa Hotel and located at Plaza Sentosa, Johor.

“The acquisition is in line with the intention of the Group to establish a budget hotel at Plaza Sentosa,” it said.

Perduren is an investment holding company that deals in property investment in Malaysia.

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