PNB Merdeka Ventures Sdn. Berthed and Hyatt to Develop the First Park Hyatt hotel in Kuala Lumpur, Malaysia

Park Hyatt | February 27, 2018

Park Hyatt Kuala Lumpur will top PNB 118 tower, expected-to-be tallest skyscraper in Southeast Asia CHICAGO--Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate has entered into a management agreement with PNB Merdeka Ventures Sdn. Berthed, an owned subsidiary of Permodalan Nasional Berhad (PNB) and Malaysia's largest fund-management company, for the first Park Hyatt hotel in Kuala Lumpur, Malaysia. The high-end hotel, designed to meet the needs of the discerning global traveler, will join the city's prestigious development – the PNB 118 tower. Anticipated to be completed in 2020, the tower is expected to be t...