Dagang Asia
Apparel & Fashion
Buildings & Constructions
Computer Hardware & Software
Electronics & Electrical
Food & Beverages
Furniture & Furnishings
Gifts & Crafts
Health & Medical
Home & Garden
Home Appliances
Industrial Supplies &
Office & School Supplies
Personal Care
Printing & Publishing
Rubber & Plastics
Security & Protection
Shoes & Accessories
Sports & Entertaiment
iconBusiness & Services
Advertising & Marketing
Building & Construction
Computer & IT Solutions
Education & Training
Financial & Investment
Food & Beverage
Furniture & Furnishing
Gift & Craft
Health & Beauty
Home Products
Leisure & Entertainment
Logistics Services
Professional Cleaning
Real Estate
Telecommunication Services
Tours & Hotel
Trading, Distributions
& Wholesales
Latest News
Report On Aman Resorts Acquisition Speculative, Says Khazanah
News From : DagangHalal.com (6/18/2010)

KUALA LUMPUR, June 17 (Bernama) -- Khazanah Nasional Bhd and its related companies are in dialogue with various parties, including Aman Resorts, on possible projects, the government investment arm said Thursday.

However, it said that an article in the press yesterday on "Khazanah to buy major stake in Aman Resorts" was purely speculative and misleading.

"Khazanah as a principle does not comment on speculation," it said in a statement.

A news report quoted the Economic Times of India as saying that Khazanah was close to acquiring a major stake in Aman Resorts, a popular luxury hotel chain.

It said Khazanah was likely to spend about US$350 million (RM1.225 billion) to buy the controlling stake in Aman from DLF, India's largest real estate developer.

Aman operates 23 luxury hotels worldwide, including in Bhutan, France, Indonesia, Morocco, Thailand and the United States.


Back to Listing
Latest Merchant

Featured Advertisements