Asset Acquisitions and Disposals::Disposal of entire issued and paid-up share capital of Parkroyal Kitchener Hotel Pte. Ltd.

Issuer & Securities

Issuer/ Manager
UOL GROUP LIMITED
Securities
UOL GROUP LIMITED - SG1S83002349 - U14
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
04-Jul-2023 23:47:21
Status
New
Announcement Sub Title
Disposal of entire issued and paid-up share capital of Parkroyal Kitchener Hotel Pte. Ltd.
Announcement Reference
SG230704OTHRNM2J
Submitted By (Co./ Ind. Name)
Yeong Sien Seu
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of UOL Group Limited wishes to announce that its wholly-owned subsidiary, Pan Pacific Hotels Group Limited, has today entered into a sale and purchase agreement with Midtown Properties Pte. Ltd., for the disposal of 5,000,000 ordinary shares in Parkroyal Kitchener Hotel Pte. Ltd.

Please refer to the attachment for more details.

Attachments

Announcement_Disposal of PKH_Final.pdf
Total size =135K