Hap Seng Consolidated eyes more land deals

Setting the standards: (From left) Khor, Malaysia Book of Records senior research consultant Edwin Yeoh, brand and marketing manager Aaron Bong, Rapp, Lee, Hap Seng Consolidated chief operating officer Harald Behrend and Hap Seng Land general manager Allan Teh at the Malaysia Book of Records certificate presentation.

PETALING JAYA: Hap Seng Consolidated Bhd is planning to establish five hotels in Malaysia mainly in the Klang Valley and Sabah in the next few years, marking its foray into the hospitality sector.

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

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

LTAT offers RM1.55 per share for BPlant as KLK's bid falters
Ringgit opens higher vs US dollar as investors await NFP data
FBM KLCI opens Thursday weaker as weak stretch continues
Trading ideas: Boustead Plantations, KLK, KIP REIT, Hexza, YLI
Reliance unveils swappable, multipurpose batteries for EVs
The banker trying to fix UK’s electricity grid
Banks behind 70% jump in greenwashing incidents
Mosti to foster tech hubs in Sabah, Sarawak
Malakoff to invest RM2.5bil in solar projects
Irish GDP to contract but domestic economy to grow

Air Pollutant Index

Highest API Readings

    Select State and Location to view the latest API reading

    Source: Department of Environment, Malaysia

    Others Also Read