Photo of Lotte Hotel and Casino in Seogwipo City

Posco will take not more than 20 per cent stake in the development of Berjaya Jeju Resort on a 73.2ha site in Yeraedong in Seogwipo City, southwest of Jeju island.

BLand plans to debut in Japan with integrated-resort developments in Kyoto and Okinawa.

BERJAYA Land Bhd (BLand) wants to enlarge its presence in North Asias property markets and plans to make a debut in Japan within one to two years.