YTL Land and Development Bhd plans to buy a 50 per cent stake in PDC Heritage Hotel Sdn Bhd (PDC) for RM14.6 million.
The deal is a related party transaction as PDC is a subsidiary of YTL Hotels & Properties Sdn Bhd.
PDC owns a parcel of leasehold commercial land measuring about 1.4 hectare located along Lebuh Farquhar, George Town, Pulau Pinang.
