Magma Group, KLCC Holdings to sell Impiana KLCC Hotel stakes for RM315mil

 Magma Group Bhd and KLCC (Holdings) Sdn Bhd are selling their stakes in Heritage Lane Sdn Bhd (HLSB), the owner of Impiana KLCC Hotel, for RM315 million.

In a statement today, Magma said its wholly owned unit, Astaka Mekar Sdn Bhd (AMSB), together with KLCC Holdings Sdn Bhd, has signed a share sale agreement with Harum Aspirasi Sdn Bhd for the sale.

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