KUALA LUMPUR (June 5): Berjaya Corporation Bhd (BCorp) said it has won a development tender approval by the City of Yokohama to develop projects involving a global luxury hotel and hotel condominium, together with aquarium and retail outlets.
Berjaya Corp seeks shareholder ratification for sale of Four Seasons Hotel Kyoto, to realise RM649m gain
KUALA LUMPUR (June 4): Tan Sri Vincent Tan Chee Yioun-controlled Berjaya Corp Bhd (BCorp) is seeking shareholder ratification for the disposal of its beneficial interest in Four Seasons Hotel & Hotel Residence in Kyoto, Japan to Godo Kiasha Tigre (GKT) for 50.
KUALA LUMPUR (June 4): More hotel closures seem to be the order of the day due to the Covid-19 pandemic and the latest casualties are three Swiss Garden International (SGI) hotels across the country, the New Straits Times (NST) reported today.
PETALING JAYA (May 27): A viral message circulating on WhatsApp on a list of hotels in Kuala Lumpur and Penang available for sale is a hoax.
KUALA LUMPUR (May 21): Singapore-listed property firm UOL Group Ltd, which owns and operates the Parkroyal and Pan Pacific hotel brands, is banking on the future growth of tourism in Malaysia, despite the current uncertainties in the hospitality industry, The Edge reported today.
KUALA LUMPUR (May 21): Since the start of the Movement Control Order on March 18, many hotels have had to cut costs and resort to temporary or even permanent closure of their businesses.
KUALA LUMPUR (May 20): After reporting lower earnings in its third quarter, analysts are expecting Sunway Real Estate Investment Trust's (Sunway REIT) fourth quarter to be weaker as it registers a full quarter’s impact from the Covid-19 outbreak as well as extended Movement Control Order (MCO).
KUALA LUMPUR (May 20): Sunway Real Estate Investment Trust's (REIT) net property income (NPI) slid by 9% to RM103.
KUALA LUMPUR (May 5): KLCCP Stapled Group has reported a 3.