Hotel Properties to book $29m gain from disposal of stake in two JV companies

April 10, 2022 4:33 PM

SINGAPORE (THE BUSINESS TIMES) – Hotel Properties has, through its 80 per cent-owned joint venture (JV) company HPL Olympia, entered into a share purchase agreement with an unrelated party to sell its entire 100 per cent stake in the share capital of two JV companies – HPL (Olympia) and Maple Olympia Propco 4 S.à.r.l.

Source : https://www.straitstimes.com/business/companies-markets/hotel-properties-to-book-29m-gain-from-disposal-of-stake-in-two-jv-companies