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.