Ikea to open outlet in Penang


GEORGE TOWN: Batu Kawan in Penang is set to receive renown IKEA store in Penang with the sale of 99.15ha (245 acres) of land for the purpose of development of an integrated shopping mall, anchored by an IKEA store to be developed by Ikano Pte Ltd.

Penang Chief Minister Lim Guan Eng said a mixed development of offices and residences will also be developed jointly by Aspen-Ikano (a joint venture company to be formed by Aspen Vision Sdn Bhd and Ikano Pte Ltd).

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