Johan Holdings disposes of hotel and land


PETALING JAYA: Johan Holdings Bhd is proposing to dispose of The Orient Star Lumut hotel and three pieces of leasehold land in Lumut, Perak, to Golden Peak Hospitality & Consultancy Sdn Bhd for RM47.43mil.

In a filing with Bursa Malaysia, the company said the three-star hotel consists of 150 rooms with a gross floor area of approximately 15,371.4 sq m. Meanwhile, the three plots of land have a combined area totalling 27,093 sq m and surround and complement the hotel, it said.

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