PETALING JAYA: Shangri-La Hotels (M) Bhd
has successfully raised room rates and, noticing that, investors in the stock market sent its share price to an eight-year high of RM1.90 yesterday.
This share price movement warmly greets the re-opening of the Shangri-La Rasa Sayang Spa and Resort in Penang last weekend after it was closed for 21 months for the hotel to be re-developed.
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