Regal Lands Signs MOU with XY Hotel to Explore Hospitality Joint-Ventures in South East Asia / 耀傑與XY酒店签署諒解備忘錄探討東南亞酒店業合資契機

Regal Lands Sdn Bhd (“Regal Lands”), a wholly owned subsidiary of Regal International Group Ltd. (“RIG” or the “Group”), has entered into a Memorandum of Understanding (“MOU”) with XY Hotel Holdings Pte Ltd (“XY Hotel”) to mark the commencement of their strategic business alliance on 15 August 2016.

According to terms of the MOU, both Regal Lands and XY Hotel look forward to complement each other in several aspects of the hospitality business. Through their individual strengths, both parties aim to venture into innovative hospitality offerings targeted at “Gen-X” and “Gen-Y” travellers in Sarawak, Malaysia and subsequently, the rest of South East Asia.

Regal International Group Ltd.全資子公司耀傑置地有限公司(Regal Lands Sdn. Bhd.) (簡稱“Regal Lands”) 與XY酒店控股有限公司 (簡稱“XY 酒店”) 已於2016年8月15日正式簽署諒解備忘錄,建立战略性合作關係。

依據諒解備忘錄之條款,Regal Lands與XY 酒店將在酒店業務各方面尋求互補。通過各自之優勢,雙方擬以“X-時代”及“Y-時代”旅客爲中心,携手於馬來西亞砂嶗越,而後全東南亞,開創酒店業嶄新產品。

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