BBCC Development Sdn Bhd singed a RM100million deal with Japan’s Zepp Hall Network Inc to develop Zepp-branded concert hall.
KUALA LUMPUR: BBCC Development Sdn Bhd has signed a deal with Japan’s Zepp Hall Network Inc to develop a RM100 million concert hall.
The Zepp-branded hall, measuring 70,000 square feet will be at the entertainment hub of the developer’s Bukit Bintang City Centre project in the city.
Speaking to reporters at the signing of the agreement to lease today, BBCC Development’s chief operating officer Datuk Richard Ong Kek Seng said that the project is expected to be completed in 2020.
He said the two parties are still in the midst of working out details of how the RM100 million will be split between them.
Zepp Hall is a subsidiary of Sony Music Entertainment (Japan) Inc with five concert halls spread across Japan.
The BBCC project’s entertainment component will comprise the concert hall, cineplexes, the Malaysian Grand Bazaar and a banquet hall and will be connected to the retail mall in the development.