Country Heights makes changes at its hotels

Country Heights Holdings Bhd (CHHB), which has been reporting net losses for the past three financial quarters, is making an effort to revive its two hospitality assets — Palace of the Golden Horses (POGH) and Mines Wellness Hotel — in an attempt to improve its earnings prospects amid rising competition and dwindling tourist arrival numbers.

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Auctions on the decline

THE auction market continues to see fewer properties go under the hammer in the second half of 2015, indicating that owners still have strong holding power, according to auctioneers polled by City & Country.

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