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Malaysian attractions operator prepares stock market listing

Malaysian attractions operator prepares stock market listing
August 17, 2015

Having amassing a significant portfolio of attractions, entertainment and tourism assets, Malaysia-based Themed Attractions Resorts & Hotels Sdn Bhd (TARH) is to float shares on the Kuala Lumpur stock exchange.

Valued at RM5 billion (US$1.27 billion), the investment holding company is owned by Malaysia's state investor Khazanah Nasional Bhd and was incorporated to develop, manage and operate hospitality and attraction destinations in Malaysia.

Targeting world-class hotels, resorts, golf courses and attractions in the region, the company's current key investment portfolio includes Desaru Coast - Malaysia’s first integrated luxury destination; Legoland Malaysia; KidZania Kuala Lumpur & KidZania Singapore; Sanrio Hello Kitty Town and The HIT Entertainment-themed Little Big Club.

Speaking to New Straits Times, TARH Group Managing Director and Chief Executive Tunku Ahead Burhanuddin,stated "we are working towards a listing.

"What we have done in the last two to three years is to expand our portfolio and broaden our value creations within our hotel and theme park business." 

29th July 2015 - MALAYSIA NAMED TOP GLOBAL TOURISM DESTINATION FOR MUSLIMS

21st October 2013 - LEGOLAND MALAYSIA OPENS NEW WATER PARK

21st November 2012 - SIM LEISURE OPENS NATURE-BASED ADVENTURE PARK

2nd November 2012 - PUTRERI HARBOUR FAMILY THEME PARK OPENS

21st August 2012 - JOHOR SET TO BE MALAYSIA’S THEME PARK CAPITAL

20th August 2012 - ASIA PREPARES FOR MUSLIM TRAVEL BOOM

13th June 2012 - THEMED ATTRACTIONS MALAYSIA TO DEVELOP MARINE ADVENTURE PARK AND WATERPARK

12th December 2011 - LEGOLAND MALAYSIA COMES TOGETHER BLOCK BY BLOCK

12th May 2011 - PEET JOINS MALAYSIA’S THEMED ATTRACTIONS AND RESORTS

31st March 2010 - NEW ONLINE GUIDE LAUNCHED FOR ‘HALAL’ TRAVELLERS 


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Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

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