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Regal International signs MOU with XY Hotel for hospitality joint ventures

Singapore-listed Regal International Group has inked a memorandum of understanding (MOU) with China-based XY Hotel Group to begin their strategic business alliance. Both parties aim to venture into innovative hospitality offerings targeted at Gen X and Y travellers in Sarawak, Malaysia, and Southeast Asia.

Regal International is a diversified international business group based in East Malaysia. The company is listed on the Mainboard of the Singapore Exchange as well as Taiwan Depositary Receipts on the Taiwan Stock Exchange.

Regal International Group has inked a memorandum of understanding (MOU) with China-based XY Hotel Group

Source: Regal International Group

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