Brief: Asia Gate Holdings unit to invest in Qiandao Limited for acquisition of IWATE HOTEL & RESORT

Fantasista

23/06/2016 07:25

June 23 (Reuters) - Asia Gate Holdings Co Ltd  1783.T : 
     
    * Says its unit Shang Xie Limited to invest in Qiandao 
Limited on June 23, and unit to hold 20 percent stake in Qiandao 
Limited after investment 
    * Says Qiandao Limited to set up SPC Shanghe Limited in Hong 
Kong on June 23, and the SPC to acquire IWATE HOTEL & RESORT on 
June 23 
     
    Source text in Japanese: https://goo.gl/8bAewS 
    Further company Coverage:  1783.T  
 
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