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Datapulse to take 15% stake in Seoul hotel for 8.6b won

It is teaming up with Malaysian-based Bizcentre Capital to acquire the 224-room mid-scale hotel

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Vivienne Tay

Vivienne Tay

Published Wed, Apr 24, 2019 · 09:50 PM

Singapore

DATAPULSE Technology is acquiring a 15 per cent stake in Seoul's Holiday Inn Express Euljiro hotel for 8.6 billion won (S$10.2 million), as part of a larger deal involving Bizcentre Capital.

Bizcentre Capital is a subsidiary of Plenitude Berhad, a Malaysia-listed investment holding company engaged in property development, property investment and hotel operations.

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