UOL’s Pan Pacific Hotels sells Garden Plaza Company for US$15.7 million

Reuters
Feb 26
UOL’s Pan Pacific Hotels sells Garden Plaza Company for US$15.7 million

Pan Pacific Hotels Group, a wholly owned unit of UOL Group, sold its entire stake in Vietnam’s Garden Plaza Company to an unrelated third party for cash consideration equivalent to US$15.7 million, and UOL has ceased to have any interest in the business, UOL Group said.

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