Hotels, Motels & Cruise Lines
Heng Fai Enterprises Ltd:Henan changhui made a successful bid for land use right of the land parcel located in northwest region in Zhengzhou city.Says land parcel is designated for residential usage with the term for 70 years.Henan changhui made a successful bid for land use right through auction for RMB95.8 million.Proceeds from the financial support will be used to finance the property development projects of henan changhui in the future.On 13 August 2015, zensun entered into a loan agreement with henan changhui.Zensun to provide financial support to henan changhui up to a maximum amount of RMB150 million for duration of one year.
New Century Group Hong Kong Ltd:Says escrow agreement has been entered into among the seller, the buyer and the escrow agent.The moa in respect of the acquisition of vessel at a consideration of $22.9 million was entered into on July 24.New century group-consideration will be funded by internal resources of New Century maritime and/or external borrowings.
Sunrise International Development Co Ltd:To acquire 50 pct stake in a Taiwan-based hotel industry company at T$10 per share and will hold 60 pct stake in the Taiwan-based hotel industry company.
Genting Hong Kong Ltd IN relation to the acquisition of the entire equity interest in Crystal Cruises, Llc
Genting Hong Kong Ltd:Says purchase agreement with the seller, Crystal Cruises.Says Consideration, payable in cash at Completion, is $550,000,000, subject to adjustment by an estimate of a number of financial metrics in respect of the Crystal Group Companies as at Completion Date.
Ashford Hospitality Prime Inc:Completes the acquisition of the Bardessono Inn & Spa in Yountville, California pursuant to the previously announced acquisition agreement, dated as of June 11 by and between the Company and Yountville Investors, LLC.Acquisition was funded with proceeds from the Company’s offering of 5.50% Series A Cumulative Convertible Preferred Stock and $2.0 million in key money provided by Ashford Inc.
Manhattan Hotel Group Co Ltd:To acquire California-based Hotel Menage Anaheim Boutique Hotel and land for $34,360,000.
Net Holding AS:Decides to merge with unit Net Turizm.