Concorde Hotel KL owners refute RM700m sale rumours, reaffirm continued operations

KUALA LUMPUR, September 12 — The owners and shareholders of Concorde Hotel Kuala Lumpur have denied rumours of the hotel’s sale, following reports suggesting the property was...

The owners and shareholders of Concorde Hotel Kuala Lumpur have denied rumours of the hotel’s sale, following reports suggesting the property was up for nearly RM700 million. — Picture courtesy of Concorde Hotel Kuala Lumpur KUALA LUMPUR, September 12 — The owners and shareholders of Concorde Hotel Kuala Lumpur have denied rumours of the hotel’s sale, following reports suggesting the property was up for nearly RM700 million.

“Our business is performing exceptionally well, and we are seeing strong results,” Ampang Hotel Sdn Bhd chairman Tan Sri Sallehuddin Mohamed said in the statementThe iconic hotel, rebranded from the former Merlin Hotel and standing tall for 67 years, remains committed to its legacy and operations.

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