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Trusted by
Acquiring Company
Landmarks Bhd
Acquired Company
Mendol Investments Pte Ltd
Description
Landmarks Bhd’s subsidiary, Tiara Gateway Pte Ltd, will acquire a 5.1% stake in Mendol Investments for RM4.48 million. This purchase will enable Landmarks to consolidate Mendol's results as it becomes an indirect subsidiary. Currently, Landmarks owns 49% of Mendol, enhancing its investment in the luxury resort sector. The transaction involves the issuance of new shares to facilitate the purchase.
Fundz sees it the moment Landmarks Bhd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Mendol Investments Pte Ltd?
Mendol Investments Pte Ltd was acquired by Landmarks Bhd, based in Petaling Jaya. The deal was reported on October 7, 2026. Landmarks Bhd is a company engaged in the development and management of leisure and hospitality assets. It aims to enhance its portfolio by acquiring interests in various ventures. Landmarks Bhd is privately held and operates in Hospitality.
When did Landmarks Bhd acquire Mendol Investments Pte Ltd?
Landmarks Bhd's acquisition of Mendol Investments Pte Ltd was reported on October 7, 2026. Landmarks Bhd’s subsidiary, Tiara Gateway Pte Ltd, will acquire a 5.1% stake in Mendol Investments for RM4.48 million. This purchase will enable Landmarks to consolidate Mendol's results as it becomes an indirect subsidiary. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Mendol Investments Pte Ltd do?
Mendol Investments Pte Ltd is primarily involved in the ownership and operation of leisure and hospitality assets. Its main asset is the Natra Bintan resort, which is known for luxury glamping experiences. It is privately held, operating in Hospitality.
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