Plato Capital Secures Long-Term Airport Hotel Deal

Plato Capital Limited (SG:YYN) has released an update.

Don't Miss Our Christmas Offers:

Plato Capital Limited has announced a significant extension to its agreement with Malaysia Airports (Sepang) Sdn Bhd, involving a 35-year extension of their concession for a hotel project at Kuala Lumpur International Airport. This extension, which pushes the expiry to 2069, includes a one-time payment of RM29.9 million to MA Sepang. This move reflects the company’s strategic investment in long-term infrastructure projects in Malaysia.

For further insights into SG:YYN stock, check out TipRanks’ Stock Analysis page.

Trending Articles

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.