Hotels, Motels & Cruise Lines
Mahindra Holidays and Resorts India Ltd:Says Covington S.a.r.l, Luxembourg, has become a wholly owned subsidiary of the company consequent to acquisition of 100 pct stake in Covington by the Company's wholly owned subsidiary MHR Holdings (Mauritius) Ltd, with effect from July 17.
Mahindra Holidays and Resorts India Ltd:Says MHR Holding (Mauritius) Ltd, has become wholly owned subsidiary with effect from July 11.
Millennium & Copthorne Hotels New Zealand Ltd announces acquisition of remaining shares in Quantum Ltd
Millennium & Copthorne Hotels New Zealand Ltd:Enters into conditional agreement with Te Maori Lodges Ltd (TML), subsidiary of Maori Trustee, for acquisition of 30 pct. interest in Quantum Ltd (Quantum) which Millennium & Copthorne Hotels New Zealand does not already own.Quantum is principal operating subsidiary of Millennium & Copthorne Hotels New Zealand and owns or leases seven hotels including Millennium Hotel Queenstown, Copthorne Hotel Rotorua and Kingsgate Hotel Dunedin.Price agreed for acquisition of shares is NZ$14.25 mln in cash.
HL Global Enterprises Ltd announces completion of the acquisition of issued ordinary shares and preference shares in the capital of Augustland Hotel Sdn Bhd
HL Global Enterprises Ltd:Says its wholly-owned subsidiary, Augustland Sdn Bhd, acquires the remaining issued ordinary shares and preference shares in the capital of Augustland Hotel Sdn Bhd (AHSB) from Amcorp Leisure Holdings Sdn Bhd and Hotel Equatorial (M) Sdn Bhd.AHSB is now a wholly-owned subsidiary of the company.
Hotel Royal Ltd:Completes the proposed acquisition of burasari resort in phuket, Thailand through the acquisition of the entire issued and paid up share capital of Panali Company Limited.Burasari Resort will be managed by its current operator, Burasari Group Company Limited, for a fixed 2-year term from July 2.
Club Mediterranee SA:To examine proposed tender offer filed on June 30 by Global Resorts SAS (subsidiary of InvestIndustrial) on company's shares and OCEANE bonds.Rothschild & Cie mandate to act as company's financial advisor extended.