5th Aug 2010 10:32
For immediate release 5 August 2010
Millennium & Copthorne Hotels plc ("M&C")
Clarification on press speculation regarding Kuala Lumpur
An article published by The Business Times of Singapore on 5 August 2010 speculates that land in Kuala Lumpur which is owned by a wholly owned subsidiary of M&C is to be sold for a new record price. From time to time indications of interest in the subject site in Kuala Lumpur have been received from third parties and these are reviewed and evaluated. The Group will continue to consider its available options in respect of this site and is not in a position currently to make any further comment. If and when any agreement has been entered into for the sale of this site, further announcements will be made as appropriate.
Enquiries:
Millennium & Copthorne Hotels plc
Ben-Lang Low, SVP Finance/Adrian Bushnell, Company Secretary 020 7872 2444
Related Shares:
Millennium & Copthorne Hotels