Boustead to Unlock Value via Disposal of Royale Chulan Bukit Bintang Hotel
KUALA LUMPUR, March 15, 2019 – Boustead Holdings Berhad’s subsidiary, Boustead Hotels & Resorts Sdn Bhd, today entered into a sale and purchase agreement with Every Room A Home Sdn Bhd, a subsidiary of Hotel Royal Limited, to dispose its Royale Chulan Bukit Bintang Hotel, which is located along Jalan Bukit Bintang for a total…