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.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Business News

Thai Airways aims for 2024 completion of restructuring
Labour issues dominate businesses
Education needs to be realigned to meet industry demand
Short Position - Who will helm MPOA next?, Shorter is not better, Large-scale solar mess
GST net collection may not be as high as thought
Powerwell puts business back on track
Greenyield’s Papua New Guinea acquisition explained
EVD debuts on ACE Market at 26 sen
Dnex unit takes delivery of FPSO from Teekay
Berjaya Assets appoints new chief executive

Others Also Read