Saturday, January 1, 2011

YTL has done it again

YTL bought Niseko Village, 617 hectares of land for 223 million and then sell Hilton Niseko Village for 222 million to Starhill REIT. In other words, YTL got 200-room Green Leaf Hotel and two 18-hole golf courses, and 155ha of leased ski mountain land on which are situated seven ski lifts and 15 ski trails for RM 1 million. The master is at it again.

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