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IGB sells KL's Renaissance hotel for RM765m

Company to use proceeds from the sale to, among other things, repay loans to fully redeem certain assets
Tuesday, August 16, 2016 - 05:50

Kuala Lumpur

MALAYSIA's IGB Corporation has disposed of Renaissance Kuala Lumpur Hotel in the heart of the city for RM765 million (S$257 million) in a sale it said would allow it to "unlock business assets at a favourable price".

The disposal by IGB's wholly owned subsidiary Great

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