General view of the Royale Chulan Bukit Bintang Hotel in Kuala Lumpur March 16, 2019. — Picture by Yusof Mat Isa
In a statement today, the minister’s press secretary Amin Shah Iskandar said before the hotel can be sold off, three requirements have to be adhered to. Amin said since the requirements have yet to be fulfilled, the hotel still remains with Boustead, which is a subsidiary of Lembaga Tabung Angkatan Tentera .on March 15 that Boustead Holdings Bhd inked a sale and purchase agreement with Singapore’s Hotel Royal Ltd to sell its Royale Chulan Bukit Bintang Hotel for RM197 million in cash, a little over two weeks after the Defence Ministry said the sale wasn’t a done deal.
while waiting for payment to go thru...after payment, change story.
Not Fully Paid...just 2% booking? 🤔
Goes to show how twisted and conniving these people are!
If u are not serious then don't get involve in business, what are you telling the investors? Pay me the money, sign the contract but get approval by yourself, otherwise I may not sell.. What is this?
Wow. Done deal. Still in denial, both minister and his aide.
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Boustead jual Royale Chulan Bukit Bintang RM197 jutaPenjualan hotel itu sebahagian daripada rancangan Boustead untuk kembali mencatat keuntungan dengan cara menjual aset bukan strategik. Ni dah boleh kompom jual negara tak mat sabun? Idris Jalal’s method of recording profits with the sale of a strategic asset? Not at all impressed.
Source: fmtoday - 🏆 5. / 72 Read more »
Boustead sells Royale Chulan Bukit Bintang Hotel for RM197m | Malay MailKUALA LUMPUR, March 15 — Boustead Holdings Bhd (BHB) is disposing of the Royale Chulan Bukit Bintang Hotel in Kuala Lumpur to Singapore-listed Hotel Royal Ltd for RM197 million in cash. In a filing with Bursa Malaysia today, BHB said the group was expected to realise an estimated gain of RM92... Fire sale? Were shareholders’ consent obtained?
Source: malaymail - 🏆 1. / 86 Read more »
Singaporean company to take over Royale Chulan KLBoustead sells the 418-room hotel for RM197 million to Hotel Royal Ltd. NajibRazak Baca ni bossku...Mat Sabu nak kelentong apa lagi?
Source: fmtoday - 🏆 5. / 72 Read more »
Boustead sah jual Hotel Royale Chulan dengan harga RM197 juta | The Malaysian InsightBoustead sah jual Hotel Royale Chulan dengan harga RM197 juta
Source: msianinsight - 🏆 8. / 63 Read more »
After Royale Chulan hotel, Najib predicts sale of more LTAT assetsThe former prime minister says Boustead Holdings, which owns the hotel, never suffered losses under the BN administration. Of course...in Najib's time, even 1MDB was making tons of money.. No? Bila DAP dan PAN cakap CAT kononnya, semua melingkup
Source: fmtoday - 🏆 5. / 72 Read more »
Selepas hotel Royale Chulan, Najib jangka lebih banyak aset LTAT akan dijualDua aset terbesar LTAT, iaitu Boustead dan Affin Bank - mengalami kejatuhan nilai saham masing-masing selepas PRU ke-14, Mei tahun lepas.
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Boustead to make RM92 million from Royale Chulan hotel sale | The Malaysian InsightProperty in Bukit Bintang, Kuala Lumpur to fetch RM197 million. Habis semua mau jual! Parliment boleh jual pada towkey Robert ka...
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Boustead sells Royale Chulan Bukit Bintang Hotel for RM197m | Malay MailKUALA LUMPUR, March 15 — Boustead Holdings Bhd (BHB) is disposing of the Royale Chulan Bukit Bintang Hotel in Kuala Lumpur to Singapore-listed Hotel Royal Ltd for RM197 million in cash. In a filing with Bursa Malaysia today, BHB said the group was expected to realise an estimated gain of RM92... Fire sale? Were shareholders’ consent obtained?
Source: malaymail - 🏆 1. / 86 Read more »
Boustead jual Royale Chulan Bukit Bintang RM197 jutaPenjualan hotel itu sebahagian daripada rancangan Boustead untuk kembali mencatat keuntungan dengan cara menjual aset bukan strategik. Ni dah boleh kompom jual negara tak mat sabun? Idris Jalal’s method of recording profits with the sale of a strategic asset? Not at all impressed.
Source: fmtoday - 🏆 5. / 72 Read more »