(The edge property, 01/04/2016)
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Tuesday 10 May 2016
Ireka’s 23% associate sells Aloft KL for RM418.7 million
Aseana Properties Ltd, a London-listed property developer in which Ireka Group Bhd has a 23% stake, is selling the Aloft Kuala Lumpur Sentral Hotel to Prosper Group Holdings Ltd for RM418.7 million (US$104.6 million). At current exchange rates, Aseana will record a gain approximately RM138.72 million from the proposed disposal. The transaction is targeted to complete by 3Q 2016.
(The edge property, 01/04/2016)
(The edge property, 01/04/2016)
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