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BRIEF-HL Global Enterprises updates on disposal Of 60% Interest in Copthorne Hotel Qingdao
June 27, 2017 / 12:33 PM / 3 months ago

BRIEF-HL Global Enterprises updates on disposal Of 60% Interest in Copthorne Hotel Qingdao

June 27 (Reuters) - HL Global Enterprises Limited:

* Proposed Disposal Of 60 pct Equity Interest In Copthorne Hotel Qingdao Co Ltd

* ‍SUAEE informed co that Qingdao Zhongtian Enterprise Development and Shanghai Inkeri Equity Investment withdrew from public tender process​

* No bid has been received for LKNII’s CHQ disposal following first round of listing of CHQ equity interest for bidding

* Sompany and CAAC have today submitted an application to SUAEE to proceed with second round listing

* Sellers intend to reduce reserve price for CHQ disposal by 10 percent under second round listing Source text for Eikon: Further company coverage:

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