Metrod buys 5-star Goa hotel for RM331mil


Company says buy does not mean it is exiting copper business

PETALING JAYA: Metrod Holdings Bhd is acquiring a five-star hotel in Goa, India, for RM331.2mil, as the copper rod producer seeks to diversify its business.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Metrod , hotel , India , diversification

Next In Business News

Penang Port introduces first vessel traffic management system
Countries should not be timid to defend free trade
Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike
Gamuda expands Australian portfolio with 450MW Victoria solar-battery project
Starbucks mulls options for Japan business, including stake sale, Bloomberg reports
Pengerang Energy Complex awards EPCC contract to CNCEC
Malaysia sees risk of missing deficit goals on subsidy pressures
Singapore court moves to seize Capital A’s assets in dispute
Tanco plunges 37.5% to limit down, short selling suspended
FBM KLCI rebounds in early trade as investors await key US inflation data

Others Also Read