Hotels, Motels & Cruise Lines
Heng Fai Enterprises Ltd:Says GMR and the vendor entered into the agreement.Vendor has agreed to sell, and GMR has agreed to acquire, the medical facility at a consideration of US$17.5 million.Group may finance the funding requirements for the acquisition by internal resources and corporate banking facilities.
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.
Global Premium Hotels Ltd:Acquisition of property by subsidiary - Gp Hotel Perth Wa Pty Ltd.Transaction not expected to have any material impact on earnings per share of co for current FY ending 31 December 2015.Says total consideration was A$23.9 million.
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.
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.
Shanghai Jin Jiang International Hotels Development to acquire 81.0034 pct stake in Keystone Lodging Holdings Limited
Shanghai Jin Jiang International Hotels Development Co Ltd:To acquire 81.0034 pct stake in Cayman Island-based company Keystone Lodging Holdings Limited, from 13 investors incluing Prototal Enterprises Limited.Reference price of 8,269.37303 mln yuan.
Genting Hong Kong Ltd:Says an indirect wholly-owned subsidiary entered into a share purchase agreement with the Sellers to purchase LIV Shares (representing 50 pct of the total share capital in LIV) and the LWB Shares (representing 70 pct of the total issued shares in LWB).The Consideration is 17.5 mln Euros.
Melia Hotels International SA:To incorporate two new hotels in Iskandar, Malaysia.The new Melia Iskandar Malaysia and Innside Iskandar Johor hotels with 800 rooms in total will occupy two adjacent buildings.The company already has 28 hotels opened and planned in Asia-Pacific.
Red Lion Hotels Corp:Announced that a subsidiary of the Company has formed a joint venture with an affiliate of Shelbourne Falcon Investors to acquire the 3 Palms Atlanta Airport North for $6.3 million.Operations of the hotel will cease immediately during the six-month, $6.6 million restoration.Property is scheduled to reopen in the first quarter of 2016 as the Red Lion Hotel Atlanta International Airport and will be managed by RLHC.