PETALING JAYA: Tanco Holdings Bhd, which came out of the PN17 classification on Jan 17, is taking steps to revive its financial condition and this would see it marketing the 200ha Palm Springs Resorts City in Port Dickson to foreign investors. To promote the resorts and leisure business, Tanco had appointed resorts operation and management company Compass Hospitality — which had turned around many resorts in Thailand — to manage six of Tanco’s resorts in Malaysia.
(25-1-2008 The Edge)
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