MILLENNIUM HOTELS AND RESORTS KUWAIT

About MILLENNIUM HOTELS AND RESORTS KUWAIT

COMPANY was founded in 1989, on the vision of its Chairman, Mr Kwek Leng Beng, who leads Singapore’s Hong Leong Group and Singapore-listed global real estate company City Developments (CDL). Formed as a Hong Leong subsidiary, CDL Hotels International acquires its first 6 Asian hotels. The company buys the 548-room and takes control of a 13-hotel chain in New Zealand. The COMPANY announces record revenues and profits for the year ending December 31, 2011, reflecting robust operating performance, as well as gains from its asset management activities.