Business

Saturday June 27, 2009

MAS, Royal Brunei to extend pact STG plans second resort in ECER


PETALING JAYA: Malaysia Airlines (MAS) and Royal Brunei Airlines will code-share flights between Bandar Seri Begawan and Kota Kinabalu, as well as between Bandar Seri Begawan and Kuching, effective July 1.

“As Borneo is a popular destination for North American and North Asian tourists, our customers can now enjoy seamless connectivity to the three major cities,” said MAS commercial director Datuk Rashid Khan in a statement.

The code-share for Bandar Seri Begawan-Kota Kinabalu wil be twice daily and the Bandar Seri Begawan-Kuching route twice weekly.

KUALA LUMPUR: The STG Group, developer of the Gold Coast Resorts projects, will invest RM50mil in a lake holiday resort in Kenyir, its second in the East Coast Economic Region (ECER).

The first is the RM10mil Gold Coast Kuantan resort with 99 apartment suites, with a view of the South China Sea.

“The Gold Coast Kenyir development will comprise a hotel mall with shops, longhouses and bungalows built over Kenyir Lake’s serene waters,” STG chairman Datuk Dr Alex Tan said in a statement.

The STG Group is targeting to be listed by 2012. — Bernama

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