Lights dim in the city: Hotel Istana will be ceasing operations.
KUALA LUMPUR: Hotel Istana Kuala Lumpur in Jalan Raja Chulan is set to cease operations on Sept 1.
Located in the heart of the city centre, the 23-storey five-star hotel, which opened its doors in 1992, would be the latest to join the list of hotels closing its doors due to the Covid-19 pandemic that had wrecked the economy.
In a statement to the hotel’s associates on Wednesday, its general manager Noorazzudin Omar said they decided to close the hotel after considering the present circumstances and all available options.
“The hotel had lost its competitive advantage over the years with the insurgence of new or neighbouring hotels and serviced apartments,” he said.
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The scheme is confined to its main plant at Patparganj in East Delhi, sources said. Eligible employees can get a maximum benefit of up to Rs 20 lakh under this scheme, they added. Overall, Mother Dairy has more than 3,000 employees, the sources said. The number of staffs at the Patparganj plant could not be ascertained.
Mother Dairy has nine units involved in the processing and manufacturing of milk and milk products, while the company has four units in the horticulture division. When contacted, Mother Dairy Fruit & Vegetable Pvt Ltd s (MDFVPL) spokesperson said: We have initiated a Voluntary Separation Scheme, wherein we are offering a voluntary option to our employees .