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Le Meridien owner buys Hilton KL for RM497m

KUALA LUMPUR (Dec 19): Japanese billionaire Katsumi Tada has sold his prized premium-class Hilton Kuala Lumpur Hotel (Hilton KL) in Kuala Lumpur Sentral (KL Sentral) here for ¥13.7 billion (RM497 million), to the owner of the hotel right next to it — the Le Meridien Kuala Lumpur. Le Meridien is owned by a company founded

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