Sim Leisure to receive compensation for terminated theme park deal
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Sim Leisure Group will receive compensation for a terminated theme park agreement with Bandar Malaysia, to be paid in full by 30 October 2025. The amount is undisclosed, but the company expects a significant positive impact on its earnings for the financial year ending 31 December 2025. The project site will be vacated by 15 September 2025, and Sim Leisure will have no further rights or access to the site as part of the settlement, which resolves a dispute over the development plans.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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