Asset Acquisitions and Disposals::Setting up of a joint venture in UK and acquisition of an entity domiciled in Italy

Issuer & Securities

Issuer/ Manager
HOTEL PROPERTIES LIMITED
Securities
HOTEL PROPERTIES LTD - SG2P14002527 - H15
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
18-Feb-2020 18:10:43
Status
New
Announcement Sub Title
Setting up of a joint venture in UK and acquisition of an entity domiciled in Italy
Announcement Reference
SG200218OTHR73Z0
Submitted By (Co./ Ind. Name)
Lo Swee Oi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
HPL Dolomites (UK) Limited ("HPL Dolomites") is a new joint venture company incorported in UK. HPL Dolomites has entered into a Sales and Purchase Agreement with Misam S.r.l. for the acquisition of 90% of the corporate capital and voting rights comprising 135,000 shares of Alpina Dolomites SRL incorporated in Italy.

Attachments

Acquisition of Alpina Dolomites SRL Final.pdf
Total size =270K