|Bid||2.9800 x 0|
|Ask||3.0500 x 0|
|Day's range||2.9300 - 3.0500|
|52-week range||2.8100 - 3.3200|
|Beta (3Y monthly)||0.37|
|PE ratio (TTM)||49.19|
|Forward dividend & yield||0.05 (1.66%)|
|1y target est||N/A|
SINGAPORE (Feb 19): Hotel Royal announced Tuesday that its offer to acquire Royale Chulan Bukit Bintang Hotel and its business in Kuala Lumpur, Malaysia for 197 million ringgit ($65.4 million) has been accepted. The 400-room, 4-star hotel is situated along Jalan Bukit Bintang, which Hotel Royal describes as “the Orchard Road of Kuala Lumpur”. It adds that the proposed acquisition will “add synergy” to the company’s hotel operations in Kuala Lumpur, where it also owns the 285-room Hotel Royal Kuala Lumpur.
Feb 19 (Reuters) - Boustead Holdings Bhd: * UNIT ACCEPTED OFFER FROM HOTEL ROYAL TO ACQUIRE ROYALE CHULAN BUKIT BINTANG HOTEL AND ITS BUSINESS * DEAL FOR 197 MILLION RGT Source text: ( https://bit.ly/2NhScbm ...