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H15 Hotel Properties News Story

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Brief: Hotel Properties says Leisure Ventures enters sale and purchase agreement to acquire Kingdom Langkawi B.V

July 13 (Reuters) - Hotel Properties Ltd  HPPS.SI  
    * leisure ventures is entering into a sale and purchase 
agreement to acquire a 100% equity interest in kingdom langkawi 
b.v 
    * Deal for an aggregate consideration of approximately us$ 
55 million 
    * Share acquisition not expected to have impact on net 
earnings per share based on audited consolidated accounts for 
year ended 31 dec 2016 
 
Source text for Eikon:  ID:nSNchkXZj  
Further company coverage:  HPPS.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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