2009

6 Oct 2009

TA Global eyes hotels in Vancouver, London

TA Global Bhd, a property developer enroute to list on Bursa Malaysia, is eyeing hotels in Vancouver, Canada and in London, UK, as asset valuations plunge amidst the global economic crisis. The proposed acquisitions may involve as much as RM630 million, about the same value as parent TA Enterprise Bhd paid for a fourstar hotel in Singapore recently, according to TA Enterprise's managing director and CEO Datin Tan Kuay Fong.

Source: Malaysian Reserve