Impiana set for expansion in hospitality business

Almost full: Impiana Hotel in Ipoh is almost 88% booked.

PHUKET: Bio Osmo Sdn Bhd, soon to be renamed as Impiana Hotel Bhd (Impiana), is embarking on a multi-million ringgit expansion of its hospitality business, following the proposed acquisition of five companies for nearly RM426mil.

The companies are Impiana Hotels and Resorts Management Sdn Bhd, Impiana Pangkor Sdn Bhd, Astaka Mekar Sdn Bhd, Intra Magnum Sdn Bhd and Impiana Cherating Sdn Bhd.