Advance Opportunities Fund 1 ceases to be Impiana Hotels' substantial shareholder
Advance Opportunities Fund ceased to be a substantial shareholder of Impiana on April 14 after selling 21.
Advance Opportunities Fund ceased to be a substantial shareholder of Impiana on April 14 after selling 21.
KSL Esplanade Hotel features 403 contemporary guestrooms and suites.
The 238-room INNSiDE by Meliá Kuala Lumpur Cheras is expected to open its doors this month.
In a joint statement on Wednesday (Feb 8), seven associations representing retailers and the owners and operators of hotels, theme parks and shopping malls lament that their monthly energy bills have gone up by at least 20% to 30% compared to the previous year, despite similar usage levels.
"The hotel sector has found it to be difficult to replenish our workforce as hotel jobs are perceived as 3D -- dirty, dangerous and difficult — which has long been considered unappealing by locals.
"Among the steps that need to be taken is to immediately reintroduce a strict standard operating procedure as a preparedness measure in addition to ensure that Malaysia becomes a destination of choice for foreign tourists to visit.
Its report also revealed that hotel occupancy in Kuala Lumpur has been rising since the start of 2022, reaching 60% in August 2022.
“The company has obtained legal advice and intends to contest the winding-up petition vigorously as Impiana Cherating is able to settle the amount claimed and there is no need to liquidate the assets of Impiana Cherating to settle the amount.
The recovery of the hospitality sector in the UK, arising from the relaxation of lockdowns and the reopening of borders for international travel, presents an opportune time for Atlan to enter the hospitality sector in the UK.
The group said wholly owned Mynews Retail Sdn Bhd entered into a three-year tenancy agreement with landlord Kumpulan Hamzah Kwong Hing Realty Sdn Bhd in 2014, with an option to renew for a further three consecutive terms of three years each.