KLSE:ORIENT

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Oriental Closes Acquisition of Northam Georgetown

Oriental (KLSE:ORIENT) completed the acquisition of Northam Georgetown, according to a Thursday Malaysian bourse filing.Earlier, the company agreed to acquire 100% equity interest in Northam Georgetown, along with Bayview Hotel Georgetown, Wisma Boon Siew and Bayview Hotel Langkawi, for 411 million ringgit in cash.

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