Brief: MTI Investment Expands Into Tourism Industry Of Zanzibar

MTI Investment AB (publ)

01/03/2023 07:03

March 1 (Reuters) - MTI Investment SE  MTII.ST :
    * EXPANSION INTO TOURISM INDUSTRY OF ZANZIBAR
    * SIGNED A MEMORANDUM OF UNDERSTANDING (MOU) WITH MAYAI
OCEAN
RESORT
    * TO INVEST UP TO USD 600,000 IN A BEACH FRONT HOTEL
PROPERTY, AND
ANOTHER USD 125,000 IN A HOTEL MANAGEMENT COMPANY

Source text for Eikon:  ID:nBQN12bLL3 
Further company coverage:  MTII.ST 

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