PETALING JAYA: Hap Seng Consolidated Bhd
is planning to establish five hotels in Malaysia mainly in the Klang Valley and Sabah in the next few years, making its foray into the hospitality sector.
Hap Seng Land Sdn Bhd chief operating officer David Khor said the diversification into the hotel industry is to diversify the group revenue stream and additional recurring income for the group.
Hap Seng Land is a wholly-owned subsidiary of Hap Seng Consolidated.
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