PETALING JAYA (Jan 18): Singapore-listed Hotel Royal purchased the Royale Chulan Bukit Bintang Hotel Kuala Lumpur at RM177.
KUALA LUMPUR (March 21): The conditions for the sale of the Royale Chulan Bukit Bintang Hotel have yet to be fulfilled and as such the hotel still belongs to Boustead Holdings Bhd, a ministry of defence (Mindef) official said yesterday.
Boustead goes ahead with Royale Chulan Hotel sale, two weeks after Mindef said it wasn't a done deal
KUALA LUMPUR (March 15): Boustead Holdings Bhd inked a sale and purchase agreement (SPA) today with Singapore's Hotel Royal Ltd to sell its Royale Chulan Bukit Bintang Hotel for RM197 million, cash, just over two weeks after the Ministry of Defence (Mindef) said the sale wasn't a done deal.
KUALA LUMPUR (Feb 27): The Defence Ministry (Mindef) has clarified that Boustead Holdings Bhd has yet to dispose of the Royale Chulan Bukit Bintang Hotel, saying the valuation process is still underway.
KUALA LUMPUR (Feb 19): Boustead Holdings Bhd announced today it is disposing of its Royale Chulan Bukit Bintang Hotel business to Singapore-based Hotel Royal Ltd for RM197 million.
PETALING JAYA (Dec 8): Boustead Holdings Bhd, owner and operator of a portfolio of hotels is seeking bids for Royale Chulan Bukit Bintang in Kuala Lumpur, after having received offers to purchase it.