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BRIEF-Lux Island Resorts executes sale and purchase agreement with Mara Delta (Mauritius) Property Ltd
October 3, 2016 / 5:11 AM / a year ago

BRIEF-Lux Island Resorts executes sale and purchase agreement with Mara Delta (Mauritius) Property Ltd

Oct 3 (Reuters) - Lux Island Resorts Ltd :

* Says its 100% subsidiary Co, Néréide Limited has executed sale and purchase agreement with Mara Delta (Mauritius) Property Ltd

* Says sale and purchase agreement is for sale of hotel buildings known as Tamassa Resort

* Says total consideration is USD 40,000,000

* Says Mara Delta (Mauritius) Property Limited, is wholly owned subsidiary of Mara Delta Property Holdings Limited

* Source : bit.ly/2djSb91 Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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