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Impiana looking to buy 70% of SOULed OUT operator

Impiana Hotels Bhd has proposed to acquire a 70% equity interest in Cafelink (M) Sdn Bhd in its bid to expand its food and beverages (F&B) footprint outside of the group’s existing F&B business offerings.

DONE DEAL: Bungalow, Jalan Setia Duta, Shah Alam

Noteworthy:

  • Freehold
  • Land size: 6,700 sq ft
  • Built-up size: 4,500 sq ft
  • 6 bedrooms, 7 bathrooms
  • Semi-furnished 
  • Nearby amenities: Convenience stores, schools, Setia City Mall, banks
  • Accessibility:  DASH highway, LDP, NKVE highway, Penchala Link.  

When: March 2023