PETALING JAYA: Berjaya Land Bhd
(BLand) plans to exit from its Vietnam-based international five-star hotel business in a move to monetise yet another asset in the country.
The company, which is controlled by tycoon Tan Sri Vincent Tan, told the stock exchange yesterday that TPC Development Ltd, a wholly-owned subsidiary of Berjaya Leisure (Cayman) Ltd, would be disposing its entire 75% stake in its joint-venture TPC Nghi Tam Village Ltd (TPC Village) for 1.24 trillion Vietnam dong (RM222.18mil).
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