St. Regis makes landmark entry into Malaysia with signing of St. Regis Kuala Lumpur

   

ONE IFC Sdn Bhd, a joint venture between CMY Capital Sdn Bhd, Malaysian Resources Corporation Berhad (MRCB), and Jitra Perkasa Sdn Bhd, announced on 12 June 2008, the signing of a Management Agreement of the six-star St Regis Kuala Lumpur and Residences at The St Regis Kuala Lumpur via its wholly-owned subsidiaries ONE IFC Hotel Sdn Bhd and ONE IFC Residences Sdn Bhd with Starwood Hotels & Resorts Worldwide, Inc.

The St. Regis Hotel &The Residences at the St Regis Kuala Lumpur, which has a minimum of 200 hotel rooms and 200 branded whole-ownership units will be housed in a single mixed-use development named ONE IFC. Located in the exclusive urban centre of Kuala Lumpur Sentral, ONE IFC sits on Lot C of Kuala Lumpur Sentral which is directly opposite the National Museum and the Lake Gardens.

“We are thrilled with the landmark entry of St. Regis brand into Malaysia! The sustained demand for luxury accommodation, the renowned Malaysian hospitality combined with the legendary bespoke service of the St. Regis brand, and the unrivaled location of this hotel in the exclusive urban centre of Kuala Lumpur Sentral, will make this property an extremely attractive choice for travelers to Kuala Lumpur,” commented Mr. Miguel Ko, President for Starwood Hotels & Resorts, Asia Pacific.

“We are excited to embark on this collaboration with Starwood in bringing a luxurious brand like St Regis to Kuala Lumpur. We have engaged an exciting team of internationally reputed experts, whose modern outlook in today’s fast-changing environments and technologies share our commitment in turning this iconic project into a reality,” said Carmen Chua, Chief Executive Officer of ONE IFC Sdn Bhd.

Our commitment to this development represents our dedication, belief and confidence in the future of Kuala Lumpur. This signing ceremony marks another important chapter in the Kuala Lumpur Sentral growth prospect and more importantly, a step forward in KL’s transformation into a global city, one that will shape and enhance as well as contribute to the overall growth and success of the country” she added.

Following in the tradition of the legendary St Regis New York, St Regis Kuala Lumpur will feature the famed hallmarks of St Regis hotels – butler service and luxury accommodations for worldly travellers.

News sources: http://www.mrcb.com.my/main/updates/update_at_regis.php