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11-04-2008: Nomad in talks to buy hotel management company in Penang (The Edge Daily)

KUALA LUMPUR: The Nomad Group Bhd, formerly known as Kuala Lumpur City Corporation Bhd, is in talks to acquire a hotel management company in Penang Island as part of its serviced residence network expansion plan, said its chief executive officer Hew Thin Chay.

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