Hotels, Motels & Cruise Lines
Hongkong and Shanghai Hotels Ltd <0045.HK>: Hk&s hotels-non-binding heads of terms for London project . Peninsula London, LP entered into binding heads of terms to restructure current arrangement between parties . Peninsula London, LP will have full responsibility and control for development of London project upon completion of restructuring .
FUJITA KANKO INC:Decides to terminate the operation in a Tokyo-based tourism firm managed by the company's Mie-based resort service unit, effective on Sep. 30.Says it expects an extraordinary loss of 462 million yen for Q1 of the fiscal year ending Dec. 2016.
Ocean Hospitality & Service Joint Stock Co:To close its Saigon branch.
FUJITA KANKO INC:Dissolves its wholly owned subsidiary, which has been engaged in the operation of Kansai airport Washington hotel in Tokyo, Japan.Effective date Jan. 28.The liquidation will be completed in June 2016.
Royal Hotel Ltd:To split its Tokyo-based hotel business to set up a new subsidiary based in Tokyo, on Feb. 1, 2016.
FUJITA KANKO INC:Says its Tokyo-based wholly owned subsidiary to merge with its Nagasaki-based wholly owned subsidiary and the Nagasaki-based subsidiary to be dissolved after transaction.Says the company to transfer its Hiroshima-based Washington hotel operation related business to the Tokyo-based wholly owned subsidiary.Reorganization effective on Jan. 1, 2016.