IGB Berhad
Bursa Malaysia-listed property and investment group whose assets include Mid Valley Megamall and The Gardens Mall. Its property development activities are carried out through Tan & Tan Developments Berhad. Its hotel arm, Cititel Hotel Management, runs the Cititel and St Giles hotels, including Cititel Penang, Cititel Express Penang and The Wembley in George Town.
Cititel Penang for sale at RM163m, about RM361,000 a room
The 451-room Cititel Penang on Penang Road is for sale by expression of interest at RM163 million, about RM361,000 a room; the EOI closes on 30 September.
Frasers Property and Tan & Tan to redevelop 5.15ha former F&N factory site in Section 13, Petaling Jaya
A 5.15-hectare parcel in Section 13 that once held a Fraser & Neave factory is becoming PJ Quarter, a two-phase mixed-use precinct. The deal that brought Tan & Tan in alongside Fra…
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