WEIL Hotel becomes Malaysia’s first ESG-certified hotel
The hotel’s management has implemented smart energy systems, including motion-sensor lighting, optimised air-conditioning controls and efficiency chillers.
The hotel’s management has implemented smart energy systems, including motion-sensor lighting, optimised air-conditioning controls and efficiency chillers.
Earnings per share for the first quarter ended Sept 30, 2025 (1QFY2026) improved to 0.
“The agreement is the second-largest hotel transaction on record in New Zealand this year,” Invest New Zealand, the government agency dedicated to facilitating foreign direct investment, announced on Tuesday.
Sunway REIT said the sale is part of its ongoing capital recycling strategy to optimise portfolio quality and long-term value creation.
The sale was completed on Oct 24, Mulpha noted.
Chief Minister Chow Kon Yeow said the state government is committed to making Penang a safe and attractive destination for tourists, further strengthening its position as a leading international tourism hub.
Looking ahead, Berjaya Land expects improved performance in its domestic segments, supported by stronger consumer spending and recovering tourism.
Mah Sing plans to redevelop the land into high-end serviced apartments with an estimated gross development value (GDV) of RM1.
It is learnt that MUI is fetching a price in the range of RM250 million to RM280 million for the four-star hotel that is a stone’s throw from the Petronas Twin Towers.