Duty Free International’s Selasih Ekslusif Ends Duty-Free Operations at Berjaya Waterfront Johor Bahru

Reuters

Feb 19

Duty Free International’s Selasih Ekslusif Ends Duty-Free Operations at Berjaya Waterfront Johor Bahru

Duty Free International Limited’s subsidiary Selasih Ekslusif Sdn Bhd has ceased duty-free operations at Berjaya Waterfront Johor Bahru after the local authority did not renew its business licences. Selasih has issued notice to terminate its tenancy agreement with Berjaya Waterfront Sdn Bhd with effect from Feb. 19, 2026, and the group expects a one-off exceptional net gain after tax of about RM17 million mainly from lease derecognition and cessation-related costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Duty Free International Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 7VJY3263J8OLJWC3) on February 19, 2026, and is solely responsible for the information contained therein.

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Selasih has issued notice to terminate its tenancy agreement with Berjaya Waterfront Sdn Bhd with effect from Feb. 19, 2026, and the group expects a one-off exceptional net gain after tax of about RM17 million mainly from lease derecognition and cessation-related costs.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Duty Free International Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 7VJY3263J8OLJWC3) on February 19, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}