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BRIEF-Royal Hotel says integration of units
July 10, 2017 / 7:26 AM / 2 months ago

BRIEF-Royal Hotel says integration of units

July 10 (Reuters) - Royal Hotel Ltd

* Says it plans to establish two new units to take over hotel business of a Hiroshima-based unit and a Kokura-based unit respectively on Sept. 1

* Says the Hiroshima-based unit and the Kokura-based unit will be dissolved after integration

* Says the co will forgive about 15.8 billion debts borrowed by the Hiroshima-based unit and the Kokura-based unit

Source text in Japanese: goo.gl/oLjQRK

Further company coverage: (Beijing Headline News)

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