“I am happy to dispose this hotel which is only about 3½ years old for a huge gain," said BCorp executive chairman Tan Sri Vincent Tan.
KUALA LUMPUR: Berjaya Corporation Bhd
(Bcorp) is selling the hotel component of Four Seasons Hotel and Hotel Residences Kyoto, Japan to Godo Kaisha Tigre for 49bil yen (RM1.87bil).
It said on Friday the disposal of the hotel by its subsidiary, Kyoto Higashiyama Hospitality Assets Tokutei Mokuteki Kaisha (KHHA) was targeted to close in mid-March this year.
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