Hap Seng Consolidated eyes more land deals

Hap Seng Land Sdn Bhd chief operating officer David Khor

PETALING JAYA: Hap Seng Consolidated Bhd is planning to establish five hotels in Malaysia in the next few years, making its foray into the hospitality sector.

Hap Seng Land Sdn Bhd chief operating officer David Khor said the diversification into the hotel industry is to diversify the group revenue stream and additional recurring income for the group.