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HL Global Enterprises Ltd Announces Completion Of Disposal Of 50% Equity Interest In Shanghai International Equatorial Hotel Company Ltd


Thursday, 6 Jun 2013 05:32am EDT 

HL Global Enterprises Ltd announced that with reference to the announcements dated on December 28, 2012 and March 26, 2013, the Board of Directors announced that it s wholly owned subsidiary, LKN Investment International Pte. Ltd. has completed the transfer of 50% equity interest in Shanghai International Equatorial Hotel Company Ltd. (SIEH) to Shanghai International Ventures & Consulting Corporation pursuant to the share transfer agreement dated December 28, 2012. With the completion of the above disposal, SIEH has ceased to be a joint venture of the Company. 

Company Quote

0.033
-0.0020 -5.71%
19 Sep 2014