Legoland Owner Considers Selling Off Theme Park
Asia’s first Lego theme park might be up for sale, according to multiple sources.
Malaysian sovereign wealth fund Khazanah is considering selling Legoland Malaysia Resort. The news emerged after Khazanah’s investment report surfaced and appeared to be weak.
Interested buyers could acquire the theme park for RM1 billion (US$245 million) if the owners decide to go through with the plan to sell the place.
The theme park is located in Johor and operated by Merlin Entertainment. It houses more than 15,000 Lego models made from over 60 million bricks. Some of its notable attractions are the first indoor LEGO Star Wars Miniland, a 4D interactive attraction NINJAGO The Ride; and an all-encompassing experience living as Ninjas with the NINJAGO Themed Room.
However, in a press conference, Khazanah’s managing director Shahril Ridza Ridzuan told reporters that they have not received any offers for Legoland yet.
“We are not in talks with anyone at this point of time,” Bernama quoted him as saying.