KUALA LUMPUR – Subsidiary of Lembaga Tabung Haji (TH), TH Hotel & Residence Sdn. Bhd. announced the closure of four hotels under its wing with effect of 1 April 2020.
According to the notice dated 17 February signed by its Acting Managing Director cum Chief Executive Officer, Zulkefli Ahmad, the closure of four hotels in Kota Kinabalu, Kuala Terengganu, Penang and Alor Setar is due to the part of the TH restructuring exercise, where the ownership of the four hotels is transferred to Urusharta Jamaah Sdn Bhd.
“The shutting down of the said operation and service is an inevitable decision as the operation and management of those hotels would be taken over by Urusharta Jamaah Sdn Bhd. The hotel buildings have also been transferred from Lembaga Tabung Haji to Urusharta Jamaah Sdn. Bhd. under the Lembaga Tabung Haji Recovery and Restructuring Plan,” he said.
The operation cease would also involve the termination of excess employees and it would be implemented according to the provision of the law. -MalaysiaGazette