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Plato Capital Secures Long-Term Airport Hotel Deal
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Plato Capital Secures Long-Term Airport Hotel Deal

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

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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.

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