022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
Mergers & Acquisitions | 9 November 2012

Panoramic Universal To Divest Stake In Its Thailand Subsidiary

by Vivek Singh
Panoramic Universal To Divest Stake In Its Thailand Subsidiary
Share on Social Media Email Facebook Twitter Linkedin
 
@vivek

Panoramic Universal Limited is planning to divest stake to 49% from 70% in its Thailand subsidiary - Seaview Homes Company Limited.

The subsidiary was formed last year to acquire Condominium Units in Thailand. The company has acquired condominiums in Pattaya and is in the process of acquisition at Bangkok.

The Company is also planning to make investment in securities or give loan to one or more companies in Singapore up to an overall limit of R10 Cr.

Orient-Express Hotels Rejects Tata's Offer

Orient-Express Hotels Rejects Tata's Offer

After a repeated attempt by Indian Hotels Limited to buyout the Orient-Express Hotels, the operator of luxury hotels, cruise and train services in the West, has rejected the offer stating ‘cheap’ valuation as a reason.

Read More...

On Demand Beauty Service Provider MyGlamm To Raise Funds

On Demand Beauty Service Provider MyGlamm To Raise Funds

Mumbai based on-demand home services for beauty and hair care, MyGlamm is planning to raised about R99.70 Cr ($15 Mn) in its second round of funding by the end of the year.

Read More...
Subscribe
Enter your Email address
to receive all the news