2018-2020 tourist arrival, receipt targets lowered
Malaysia has missed its full-year tourist arrival target since 2013.
Malaysia has missed its full-year tourist arrival target since 2013.
The sale, if it materialises, will make Poland the fourth European nation to divest its asset here in recent years.
After three years on the market, it has been sold to DK Group of Companies
Interested parties will have the option of operating the campuses as an education facility or redeveloping the site.
“The board has decided not to proceed with the development until such a time when the market is favourable. We will continue running the hotel as it is and probably do some small upgrading,” said entrepreneur Tan Sri Syed Yusof Syed Nasir who is part-owner of the hotel.
This is to secure the bankrupt businessman’s presence in court on June 29 — source
Japanese billionaire Katsumi Tada has sold Hilton KL to Le Meridien.
The revision for 2017 sees RM1.4 billion in sales shaved off.
Mammoth Empire is said to be eyeing RM800 million from the deal.
The sale of Vista Tower is the final component within the The Intermark integrated development in Jalan Tun Razak to be sold by BlackRock Inc.