Kempinski Hotels Signs Multi-use Property Development, '8 Conlay' with KSK Land in Kuala Lumpur

. November 20, 2014

Kuala Lumpur / Geneva - November 20, 2014 - Kempinski Hotels and KSK Group Berhad (KSK Group), via its property development arm KSK Land Sdn Bhd (KSK Land) announce the signing of a management agreement for the high profile, large-scale luxury development, 8 Conlay, in the heart of Kuala Lumpur's Golden Triangle. The approximately 260-key Kempinski hotel and the branded Kempinski Residences with 403 units will anchor the development in the hotel tower, together with up to 1,092 units of 8 Conlay Residences serviced by Kempinski in two adjoining towers, all linked via a central retail podium. KSK Land has selected the design collective YOO for the interior design of the first residential tower and RSP Architects to master plan the development. Kempinski will operate and service all three components of the project. The ground breaking is scheduled to take place early next year and the striking project is expected to be completed in 2020. Residences comprising the first residential tower are scheduled to become available for sale from March 2015 onward. Show units will be available for viewing at the exclusive sales gallery located on the site.

Located on 8 Jalan Conlay in the heart of the Golden Triangle, between the city centre and a few minutes' walk from Bukit Bintang shopping district and the Pavilion Kuala Lumpur mall, the development is only a five minute drive from the Tun Razak Exchange (TRX). Kuala Lumpur International airport is easily accessible by car within 50 minutes. The central four-storey retail podium will offer high end boutiques and fine dining restaurants and will complement the current offering in the Bukit Bintang area.

8 Conlay's architecture by award-winning architect Hud Bakar, Principal of RSP Architects, emphasises livable architecture - with a focus on local context and the human aspects of buildings. The iconic design takes a visual cue from the Chinese philosophy of Yin and Yang whereby opposing forces serve to complement one another. Showcased as modified fragments of the Yin and Yang emblem, the three towers also give poetic form to the Chinese symbol for the number "eight," paying tribute to the development's illustrious address while simultaneously asserting its place as an alluring platform for premium city living.

"We are honoured to be chosen as partner to Kempinski as they enter the Malaysian market. Kempinski is famed globally for their rich European heritage of luxury hospitality and as our partner, we believe that Kempinski will redefine hospitality for our guests and residents at 8 Conlay with impeccable service and style. We are committed to providing the highest quality of products and personalised services to all customers of KSK Land and we believe that our partnership with Kempinski for service and YOO for design of the 8 Conlay Residences will enhance the living experience and long-term investment value for our residents at 8 Conlay," said Joanne Kua, Group Chief Executive Officer of KSK Group and Managing Director of KSK Land.

Alejandro Bernabe, CEO of Kempinski Hotels, states "Kempinski is delighted to have signed the management agreement with KSK Land, who is an excellent partner. This unique project marks Kempinski's entry into the important Malaysian market and underlines our commitment to expansion in Southeast Asia. We are excited about bringing the Kempinski brand to Malaysia, and demonstrating the value of five-star luxury services to branded and serviced residences at 8 Conlay."

The hotel and residences will benefit from facilities such as a Kempinski The Spa, a wellness concept which offers herbal treatments inspired by the seasons, a gym, swimming pool and a variety of restaurants and bars inside the hotel complementing the offering of the central podium.

The Residences (tower A & B) can expect to be equipped with a range of facilities accompanied with standard and a-la-carte services by the Kempinski Hotel such as concierge, butler and maid services, 24-hour room service and a private chef, housekeeping and laundry, limousine service, arrival preparation service, and residence unit maintenance packages so that residents at 8 Conlay can enjoy services similar to a guest of the hotel, every day of the year. The breadth of five-star luxury facilities and services on offer befit the grandeur of the development at 8 Conlay, enabling guests and residents to entirely customise their stay and 'write their own story' captured in the tagline 'Your Place, Your Story'.

The exclusive sales gallery located on the 8 Conlay site is expected to open in May 2015. To register interest in the first series of branded residences for sale, please contact KSK Land directly at +603-2693 1668 or +6017- 202 4168 or visit the 8 Conlay website at www.8conlay.com. Keep up to date with the latest developments via Facebook at www.facebook.com/KSKMalaysia or Twitter at @KSK_La

About KSK Group Berhad

KSK Group Berhad ("KSK") is incorporated in Malaysia and its principal activity is that of investment holding. KSK has presence in the general insurance business in Indonesia and Thailand, via PT. KSK Insurance Indonesia and KSK Insurance (Thailand) Public Co. Ltd. respectively and property development through KSK Land Sdn Bhd. For more information, please visit www.kskgroup.comor www.kskland.my.

About Kempinski

Created in 1897, Kempinski Hotels is Europe's oldest luxury hotel group. Kempinski's rich heritage of impeccable personal service and superb hospitality is complemented by the exclusivity and individuality of its properties. Kempinski now comprises a portfolio of 74 five-star hotels in 31 countries and continues to add new properties in Europe, the Middle East, Africa and Asia. Each one reflects the strength and success of the Kempinski brand without losing sight of its heritage. The portfolio comprises historic landmark properties, award-winning urban lifestyle hotels, outstanding resorts, and prestigious residences. Each one is imbued with the quality guests have come to expect from Kempinski while embracing the cultural traditions of its location. Kempinski is a founding member of the Global Hotel Alliance (GHA), the world's largest alliance of independent hotels.

About RSP Architects Sdn Bhd

The RSP Architecture & Design practice was first established in 1956. Today, it has grown into a multidisciplinary international practice with more than 1,000 dedicated professionals spanning Asia, the Middle East, Europe and Africa. In Malaysia, RSP employs about 200 staff with offices in Kuala Lumpur, Johor and Penang. RSP believes in timeless and practical design. While striving for design excellence, RSP's precept is that the creation must be practical to fulfil the purpose for which it was built. Testament to these are all the successful project launches and constructed buildings that dot the Klang Valley and reach as far as Penang and beyond. RSP has won many awards and competitions throughout the years and has continued to be awarded as Top Ten Architects for many consecutive years. With more than 20 completed towers in the Klang Valley alone and literally thousands of residential units completed, RSP is one of the most established architectural practices in the region. To learn more about RSP Architects, visit www.rspkl.com

About YOO

YOO is a pioneering vision for living and the result of a partnership between property entrepreneur John Hitchcox and the world's most celebrated designer, Philippe Starck. Since 1999, YOO has worked with the world's most visionary developers to design residential and hotel projects in over 32 countries throughout Asia, Australia, Europe, Africa, North and South America and the Middle East.

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