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Business briefing

Published Fri, Oct 10, 2014 · 09:50 PM

Hotel Royal buys The Baba House in Malacca

HOTEL Royal Ltd is adding to its portfolio of hotels in Malaysia by acquiring The Baba House in Malacca for RM26.1 million (S$10.2 million), to be paid through internal funds and bank borrowings. The hotel has potential for capital appreciation, Hotel Royal said.

Kian Ho to buy two Sophia Rd properties

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