Bluestone Group Malaysia, through its wholly owned subsidiary Taragon Capital Malaysia (TCM) Sdn Bhd, recently signed with Park Regis Hotel Management Sdn Bhd (PPHM), a wholly-owned subsidiary of StayWell Hospitality Group, to operate its new hotel at its integrated development, Taragon Puteri KL.  TCM is currently in the final stages of completing Taragon Puteri KL, with work on-site running as scheduled.

StayWell Hospitality Group, headquartered in Sydney, Australia, currently operates in Asia, Middle East, Morocco and Australia. Taragon Puteri KL, slated to open in January 2011, will mark the international hotel group’s first foray into Malaysia.