PETALING JAYA: London-listed Aseana Properties Ltd (Aseana Properties) is disposing of the Aloft Kuala Lumpur Sentral Hotel for RM418.7mil or about US$104.6mil. The deal works out to about RM870,000 a room for the 482-room hotel.
Following the disposal, Aseana will do a capital distribution of about US$10mil to shareholders.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!