Farouk appointed Impiana Hotels executive chairman

Companies that provide short-term consumer loans at high interest rates are on the increase in countries like Indonesia and the Philippines as many people struggle to get advances through traditional channels such as banks.

PETALING JAYA: Impiana Hotels Bhd, formerly known as Bio Osmo Bhd, has appointed Datuk Seri Ismail@Farouk Abdullah its executive chairman effective yesterday..

Farouk is the founder of Impiana Group, which is principally involved in the development and management of hotels and resorts, travel and leisure, property development and education.