Hotels, Motels & Cruise Lines
MBK Co Ltd <159910.KQ> : Says it will divest Cheonan factory into a new wholly owned subsidiary named CMDL Co.,Ltd, to establish responsibility management system . Says the new subsidiary is engaged in OLED used organic material OEM manufacturing business .Expected divestiture date is March 2.
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 .