Plenitude buys Gurney Resort Hotel & Residences in Penang

  • Property
  • Friday, 25 Jul 2014

PETALING JAYA: Plenitude Bhd ’s wholly-owned subsidiary Plenitude International Sdn Bhd has entered into a sale and purchase agreement with the Employees Provident Fund (EPF) for the proposed acquisition of a 259-suite hotel, known as the Gurney Resort Hotel & Residences in Penang, for RM160mil.

In a filing with Bursa, Plenitude said Gurney Resort Hotel formed part of Menara Gurney, which is a 37-storey building with one basement level, a hotel along with retail and office components.

Property , Plenitude , Penang , Gurney , acquisition , Rm160mil