THE Malaysian blogosphere is
rife with news that the Selangor-owned Brisdale Hotel in Jalan Chow Kit, Kuala
Lumpur will be sold. A blogger known only as Bujai has created a buzz with his
recent posting that the state government was planning to sell the hotel for
RM120mil.
He wrote that “Rumours are
rife that (Tan Sri Khalid Ibrahim)’s government is considering to sell it off
to an interested party for RM120mil. Worse still, to a foreigner.”
Status quo: Hotel owner
rubbishes claims of a RM120mil sale but welcomes genuine investors.
He also posted on his blog
that it was unwise for the Selangor government to give up on the hotel that was
doing brisk business due to its strategic location.
Brisdale Hotel was acquired
by Kumpulan Perangsang Selangor Bhd’s subsidiary Cash Bank (M) Bhd on June 19,
2008, which was posted on the company’s website.
Cash Bank had acquired the
issued and paid-up share capital of Brisdale International Hotel. The deal also
involved a settlement of the hotel’s debt.
When contacted, Kumpulan
Perangsang Selangor’s head of public relations and media Amin Abdullah said
they would not comment on “outlandish details conjured up by blogs that do not
put their name to their stories.”
He pointed out that the
RM120mil deal and the hotel’s 100% occupancy rate during weekends and festive
holidays were untrue.
Amin, however, said the
company was open to selling its assets if the deal was profitable.
“Genuine investors are
welcomed to contact the company to discuss business opportunities of mutual
benefits,” he added.
Group chief executive
officer and managing director Suhaimi Kamaralzaman was also quoted as saying,
“As an investment holding company, Perangsang Selangor is continuously looking
to strategise our investment with a view to maximise returns.”
Kumpulan Perangsang Selangor
also owns Quality Hotel Shah Alam, Quality Hotel City Centre and Perangsang
Templer Golf Club.
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