Areca Capital Sdn Bhd

Malaysian company 1 news story

Malaysian private wealth and fund management firm. Its Areca Composite Bond Fund and Areca Dynamic Growth Fund 9.0 hold, through RHB Trustees Bhd, an interest in the company that owns the DoubleTree Resort by Hilton Penang.

24 Aug 2026 · Market

DoubleTree Resort by Hilton Penang tendered for Sale (via Tender) at RM250 million — RM791,000 a key

The 316-room Batu Ferringhi resort for sale at RM250 million and the tender closed on 15 August with no outcome announced. The per-key maths looks competitive but it is not a beach…

Hilton Worldwide Holdings Inc (Hilton)Pinnacle Nexus Sdn BhdAreca Capital Sdn Bhd

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