Hotels, Motels & Cruise Lines
Net Holding AS:Net Holding and Net Turizm swap rate has been set at 83.63 percent.In the course of merger Net Holding to raise share capital by 65.6 million lira and to allocate 0.72434 Net Holding share per 1 Net Turizm share to Net Turizm shareholders.
Heng Fai Enterprises Ltd:The company and the vendor entered into the agreement.Company has conditionally agreed to acquire the sale share.Says deal for a consideration of hk$405 million.Says consideration will be satisfied by issue of the consideration shares by the company.1.35 billion shares to be issued by the company, as the consideration for the acquisition, to the vendor.
Genting Malaysia Bhd:Nedby limited entered into a conditional sale and purchase agreement with RWI International Investments.Proposed acquisition of Genting Alderney Limited for a total cash consideration of GBP7.2 million.It is intended for the purchase consideration to be financed using internally-generated funds of Genm.
Get Nice Holdings Ltd:Proposes to spin-off and separately list the group's securities business on the main board of the stock exchange.Has submitted a spin-off proposal to the stock exchange pursuant to pn15.Stock exchange has confirmed that the company may proceed with the proposed spin-off.Says "believes that the proposed spin-off and the proposed listing will be beneficial to both the company and Get Nice Financial".
InterContinental Hotels Group PLC:Says the completion of the sale of InterContinental Hong Kong to Supreme Key Limited.Says IHG will continue to manage the hotel under a long-term management contract.Says Gross disposal proceeds of $929 million have been received in cash, after initial working capital adjustments.Says the terms of the transaction are otherwise unchanged from those announced on July 10.
Full House Resorts Inc:Says entered into an asset purchase agreement with Pioneer Group, Inc., a Nevada corporation, pursuant to which Full House will acquire the operating assets and assume certain liabilities of Bronco Billy’s Casino and Hotel in Cripple Creek, Colorado for a purchase price of $30.0 mln.
Asian Hotels North Ltd:Had appointed Dhirubhai Shah & Doshi, Chartered Accountants. Ahmedabad as the Statutory Auditors.
Joban Kosan Co Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 19,440 million yen from 22,230 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 1,570 million yen from 1,600 million yen.Ordinary profit attributable to parent company's shareholders forecast increased to 1,440 million yen from 1,420 million yen.Net profit forecast increased to 1,270 million yen from 1,200 million yen.Earnings per share increased to 14.45 yen from 13.66 yen.Says the company lowered the consolidated full-year outlook for revenue to 43,320 million yen from 48,600 million yen for FY ending March 2016.Sees a decrease of operating profit forecast to 2,000 million yen from 2,040 million yen.Ordinary profit attributable to parent company's shareholders forecast increased to 1,640 million yen from 1,560 million yen.Net profit forecast increased to 1,320 million yen from 1,250 million yen.Earnings per share increased to 15.02 yen from 14.23 yen.Comments the sales decrease of coal wholesale business as the main reason for the forecast.
Emei Shan Tourism Co Ltd:To set up a wine industry joint venture in Sichuan, with a Sichuan-based tourism group company.JV with registered capital of 50 mln yuan and the company to hold 70 pct stake in it.