Sim Leisure - Tropika Kiara To Become A Strategic Shareholder

Appear in the top volume but we don't trade this, the price action is too flat.  Its a pass.

Sim Leisure: Receives Letter Of Intent From Tropika Kiara To Become A Strategic Shareholder.

Tropika Kiara owns and operates Malaysia's largest Chinese restaurant food chain including renowned brands such as Dragon-I, Canton-I, Ho Min San and the Japanese franchise Yayoi. Tropika Kiara has indicated that it sees potential synergies between its F&B business operations and the Group which owns and operates one of the most popular theme parks in Malaysia. Following a record year of visitor attendance at its ESCAPE theme park in Penang, Sim Leisure is looking to aggressively scale its asset-light business model in Malaysia and new geographical locations in other ASEAN cities...