YTL Hotels to open JW Marriott Hotel Johor Bahru in December 2026
YTL Hotels had announced the acquisition of the Thistle Johor Bahru hotel from GuocoLand Ltd for RM150 million in September this year.
YTL Hotels had announced the acquisition of the Thistle Johor Bahru hotel from GuocoLand Ltd for RM150 million in September this year.
Under the current year of assessment (YA) 2016-2025 structure, most investors enjoy a 10% final withholding tax, resident corporations face 0%, and non-resident corporations 24%.
The outlet is expected to serve over 62,000 residents of Seremban 2, which marks its 30th year as a master planned township.
The launch coincided with the start of Hextar World’s “A Classic Christmas” campaign, which runs until Jan 4, 2026 and includes weekend parades, festive markets, workshops, exhibitions and promotional activities.
Felda has “clear and strong" rights under the Land (Group Settlement Areas) Act 1960, which mandates the development of group settlement areas, in line with powers granted under the Land Development Act 1956.
The project is expected to have a gross domestic value (GDV) of RM27 billion, spanning 22 years.
SS19 Subang Jaya, Selangor bungalow sold for RM2.
In a statement, SD Guthrie group managing director Datuk Mohamad Helmy Othman Basha said industrial development is set to become an important pillar of the group’s future growth.
The proceeds will also be used for general corporate purposes, refinancing of existing borrowings, and inter-company advances within the Sunway group via shariah-compliant structures such as mudharabah or wakalah, said Sunway.