Hotels, Motels & Cruise Lines
June 5 (Reuters) - Mandarin Oriental International Ltd
June 1 (Reuters) - Jingrui Holdings Ltd <1862.HK>:Acquisition Of 100 pct Equity Interest In Lkn Investment International Pte Ltd .Natural Apex entered into sale and purchase agreement with HLGE.HLGE to sell entire issued share capital in LKNII at an initial purchase price of RMB550 million.Initial consideration payable in respect of proposed acquisition is RMB707 million.
ZH International Holdings Ltd <0185.HK> : Cancellation of acquisition of land use rights in Henan, the prc and financial assistance from controlling shareholder . Bureau requested Henan Xinming to submit an application for refund of security deposit of RMB1.47 billion which paid at time of bidding .Cancellation will not have any material adverse impact on business operations, financial position.
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.