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NEWS
Malaysian attractions giant prepares stock market listing
POSTED 14 Aug 2015 . BY Tom Anstey
TAHR owns Sanrio Hello Kitty Town, KidZania Kuala Lumpur and Legoland Malaysia among its attractions
The Malaysia-based Themed Attractions Resorts & Hotels Sdn Bhd (TARH) will soon be floating shares on the stock market after amassing a significant development portfolio.

The Malaysian company, valued at RM5bn (US$1.27bn, €1.16bn, £819m), is owned by Malaysia's state investor Khazanah Nasional Bhd. The investment holding company, incorporated to develop, manage and operate hospitality and attraction destinations in Malaysia, targets premier world-class hotels, resorts, golf courses and attractions in the region to add to its ever-expanding collection of properties.

"We are working towards a listing," said TARH group managing director and CEO Tunku Ahead Burhanuddin, speaking to New Straits Times. "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."

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 among a selection of hotels and resorts and entertainment destinations.

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NEWS
Malaysian attractions giant prepares stock market listing
POSTED 14 Aug 2015 . BY Tom Anstey
TAHR owns Sanrio Hello Kitty Town, KidZania Kuala Lumpur and Legoland Malaysia among its attractions
The Malaysia-based Themed Attractions Resorts & Hotels Sdn Bhd (TARH) will soon be floating shares on the stock market after amassing a significant development portfolio.

The Malaysian company, valued at RM5bn (US$1.27bn, €1.16bn, £819m), is owned by Malaysia's state investor Khazanah Nasional Bhd. The investment holding company, incorporated to develop, manage and operate hospitality and attraction destinations in Malaysia, targets premier world-class hotels, resorts, golf courses and attractions in the region to add to its ever-expanding collection of properties.

"We are working towards a listing," said TARH group managing director and CEO Tunku Ahead Burhanuddin, speaking to New Straits Times. "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."

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 among a selection of hotels and resorts and entertainment destinations.

Sign up here to get the Attractions Management weekly ezine and every issue of Attractions Management magazine free on digital.
RELATED STORIES
Legoland Malaysia unveils RM6m Star Wars attraction


Legoland Malaysia has invested RM6m (US$1.8m, €1.4m, £1.1m) on a new Lego Star Wars attraction, which opened 15 September.
Kingsmen Creatives wins US$25.2m KidZania Singapore contract


Design and production group Kingsmen Creatives has landed a US$25.2m (€19m, £15.1m) contract to design and build the interiors for KidZania Singapore.
Hello Kitty Town opened at Malaysian resort


Puteri Harbour Family Theme Park has opened a Hello Kitty Town at its Malaysian resort. Located in Nusajaya Joho, the Hello Kitty Town is the first of its kind outside Japan and features walk-through experiences, interactive activities and Kitty-theme rides.
Mega resort planned for Desaru Coast, Malaysia


A luxury integrated resort - Desaru Coast - is set to open on the eastern coast of Jahor, Malaysia in 2015.
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Two leading museum operators in the UK have partnered with an augmented reality specialist to present holographic exhibits and experiences for students around the world.
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A new creative hub in Doha looks to position itself as the new heart of Qatar’s fashion and design industry – as well as a public showcase for innovation and entrepreneurship in the region.
North American and Japanese attractions dominate 2021 Thea Awards
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COMPANY PROFILES
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
DJW

David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
+ More profiles  
FEATURED SUPPLIER

Willen Lake, Milton Keynes’ most popular park is looking for two new voluntary, non-executive directors
Willen Lake is Milton Keynes’ most popular park and is home to a host of watersports and activities for the whole family. It has more than a million visitors a year, drawing people from all over the UK. [more...]
VIDEO GALLERY

Proslide Tech Inc - ProSlide | Atlantis Dubai
More videos:
+ More videos  

CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

01-07 Dec 2022

World Leisure Congress 2022

tbc, Dunedin, New Zealand
+ More diary  
 


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Tel: +44 (0)1462 431385

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