PETALING JAYA: DXN Holdings Bhd
is acquiring a residential apartment unit at the Burj Khalifa in Dubai from Datuk Lim Siow Jin and Datin Wan Illiyyin Wan Mohd Nazi for RM7.37mil.
In a related party transsection, the company told Bursa Malaysia that the objective of the proposed acquisition is to further strengthen DXN’s member engagement and performance-driven reward ecosystem by incorporating the property (in the iconic Burj Khalifa) into the company’s incentive and lifestyle offerings.
“DXN currently owns Boulder Valley Glamping in Teluk Bahang, Penang, and DXN Cyberville in Cyberjaya; both of which serve as retreat and activity hubs for DXN members from around the world.
“These properties are integrated into DXN’s reward system, allowing members to redeem stays using accumulated points as a form of recognition and motivation for sales performance.”
