KUALA LUMPUR: Malayan United Industries Bhd (MUI) is seeking to sell Corus Hotel Hyde Park in London.

The company, in a filing with Bursa Malaysia today, said its indirect wholly owned unit Corus Hotels Ltd (CHL) has appointed N.M. Rothschild & Sons Ltd, an international investment bank, as its financial adviser on the sale.

"The appointment of Rothschild is to assist CHL in exploring strategic options for the asset as well as to ensure that only credible international investors are shortlisted and considered," it said.

A news report in the UK valued the hotel at about £200mil (RM1.07bil).

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