Boustead Holdings Bhd has agreed to buy the Hyde Park Hotel from - TopicsExpress

Boustead Holdings Bhd has agreed to buy the Hyde Park Hotel from Pastel Estate Ltd (PEL) for RM138.98mil. “This is a strategic acquisition, with a view towards strengthening our property portfolio of investments. It also provides our hospitality business with an opportunity to branch out beyond Malaysian shores,” Boustead deputy chairman and group managing director Tan Sri Lodin Wok Kamaruddin said. j.mp/WOjb2w

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