Hotels, Motels & Cruise Lines

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Mulpha International Bhd announces voluntary deregistration of indirect subsidiaries

Monday, 21 Apr 2014 08:00pm EDT

Mulpha International Bhd:Mulpha (SPV 1) Pty Limited, Mulpha Aviation Australia Pty Limited and Mulpha Hotel (Melbourne) Pty Limited dormant wholly-owned subsidiaries of Mulpha Australia Limited, which in turn is wholly-owned subsidiary of MIB.Says had on Jan. 31 applied to Australian Securities & Investments Commission for voluntary deregistration.Subsidiaries were deregistered on April 11.Subsidiaries ceased to be indirect wholly-owned subsidiaries of MIB.

Terme Catez dd signs framework agreement with 9 banks concerning financial restructuring

Friday, 18 Apr 2014 08:37am EDT

Terme Catez dd:On April 18, it signed a framework agreement with 9 banks.The agreement concerns the financial restructuring of the company's obligations.The agreement includes the conditions that are to be fulfilled by the company until the end of 2016 but does not provide for any conversion of financial liabilities into equity.According to the conditions, the banks are to be paid off from the positive cash flow and the divestment of non-operating real estate and financial investments.

Mulpha International Bhd announces cessation of Hotel Melbourne Trust, subsidiary

Tuesday, 18 Mar 2014 08:00pm EDT

Mulpha International Bhd:Mulpha Hotel Melbourne Trust, subsidiary of Mulpha Australia Ltd (which in turn is a wholly-owned subsidiary of MIB) has terminated on Jan. 31.

Panoramic Universal Ltd Closes down its wholly owned subsidiary in Namibia

Wednesday, 26 Feb 2014 02:44am EST

Panoramic Universal Ltd:Says that the company has closed down and de-registered its Wholly Owned Subsidiary in Namibia namely ‘Starting Right Investments Two Two Five (Pty.) Ltd.’ in accordance with the laws prevailing in Republic of Namibia.

NFD Holding dd to start compulsory settlement proceedings

Friday, 21 Feb 2014 08:30am EST

NFD Holding dd:District Court in Ljubljana adopts resolution on Feb. 20 concerning start of simplified compulsory settlement proceedings over the company.Further details were not disclosed.

Centara Hotels & Resorts Leasehold Property Fund announces report of the entire business transfer of subsidiaries and dissolution of unit

Monday, 3 Feb 2014 12:53am EST

Centara Hotels & Resorts Leasehold Property Fund:Says JP-One Asset Co Ltd (JP-One), a 92.5 pct owned unit of the company, has transferred its entire business to Fuel Pipeline Transportation Ltd, a 90.7 pct owned unit of the company.Says to dissolve JP-One.

HL Global Enterprises Ltd's Landmark Technologies Pte Ltd strikes off of its name from Companies Act, Chapter 50

Tuesday, 14 Jan 2014 04:27am EST

HL Global Enterprises Ltd:Says Landmark Technologies Pte Ltd, subsidiary has applied struck off its name from the Register pursuant to Section 344 of the Companies Act, Chapter 50.

GuocoLeisure Ltd announces winding up of inactive subsidiary

Monday, 23 Dec 2013 04:13am EST

GuocoLeisure Ltd:Refers to the announcement made on Nov. 25.Says its inactive wholly-owned subsidiary, BIL Asia Group Treasury Limited, a company incorporated in the British Virgin Islands which was placed under members voluntary liquidation, has been dissolved.

Accor SA announces new company structure

Wednesday, 27 Nov 2013 01:03am EST

Accor SA:Says it will reorganize its activities around two core businesses.Says it will implement a new organization built by geography.Says brands will be grouped by segment.Says it will have a new Executive Committee with 10 members, including the 5 regional Heads of operations.Says first business division will be HotelServices, a fee-oriented hotel operator and brand franchisor.Says HotelServices will operate nearly 3,600 hotels and 460,000 rooms worldwide under 14 brands worldwide.Says second business division will be HotelInvest, a hotel owner and investor.Says HotelInvest will comprise the Owned & Leased and shared service activities.Says HotelInvest will start with a portfolio of c.1,400 hotels of which nearly 300 are in full ownership.


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