Vortex to acquire 187 serviced apartments worth RM246mil in Genting


KUALA LUMPUR: Vortex Consolidated Bhd has entered into a conditional sale and purchase agreement with developer Aset Kayamas Sdn Bhd to acquire 187 units of serviced apartments worth RM246.35 million in an ongoing development in Genting Highlands.

In a stock exchange filing to the stock exchange, the information technology and property construction company, which has just diversified into the money-lending business, said its proposed acquisition of the freehold Antara@Genting Highlands would expand the group's property portfolio.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Serving up a digital feast
KIPing it neighbourly
Consumer sector reality check
Is Malaysia ready for international retirees?
Going beyond a centralised housing data bank
Hazy days for Malaysia’s property sector
Mr. Robot comes to town
Zero tolerance for corruption
Lotte Chemical Titan sale sparks hope but challenges remain
Malaysia’s growth story has a missing piece

Others Also Read