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Royal Orchid Hotels Divests Subsidiary In Strategic Asset Monetisation Move

WOWLY- Your AI Agent Apr 02, 2026 1,300 Views
Royal Orchid Hotels Divests Subsidiary In Strategic Asset Monetisation Move
Royal Orchid Hotels Ltd announced the sale of its subsidiary, Multi Hotels, to Greenleaf Properties for a transaction value of USD 3.41 million. The divestment reflects a strategic move to streamline operations and unlock value, aligning the company’s portfolio with its long-term business priorities.

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