Royal Orchid Hotels Sells Multi Hotels Limited to Greenleaf Properties for $3.41M
Royal Orchid Hotels has completed the sale of its entire 100% stake in subsidiary Multi Hotels Limited to Greenleaf Properties for $3,412,500. This strategic divestment represents the company's focus on streamlining operations and concentrating resources on its main hospitality business while ensuring regulatory compliance.

*this image is generated using AI for illustrative purposes only.
Royal Orchid Hotels has completed a significant corporate restructuring transaction, selling its entire stake in Multi Hotels Limited to Greenleaf Properties for $3,412,500. The strategic divestment represents the company's commitment to focusing resources on its main hospitality business operations.
Transaction Details
The hospitality company has successfully concluded the sale of its complete 100% shareholding in Multi Hotels Limited to Greenleaf Properties. The transaction, valued at $3,412,500, marks a complete exit from the subsidiary operations as part of the company's strategic portfolio optimization.
| Transaction Parameters: | Details |
|---|---|
| Buyer: | Greenleaf Properties |
| Sale Value: | $3,412,500 |
| Stake Divested: | 100% |
| Subsidiary: | Multi Hotels Limited |
| Transaction Status: | Completed |
Strategic Business Focus
The divestment aligns with Royal Orchid Hotels' strategic decision to concentrate on its main hospitality business operations. By selling Multi Hotels Limited, the company aims to streamline its business structure and allocate resources more effectively toward core hospitality services and growth opportunities.
Regulatory Compliance
Following the board's approval and completion of the transaction, Royal Orchid Hotels implemented appropriate trading window closure measures in compliance with securities regulations and corporate governance protocols. These measures ensure adherence to regulatory requirements regarding material corporate actions and insider trading prevention.
Historical Stock Returns for Royal Orchid Hotels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.16% | +9.35% | +3.44% | -2.64% | +11.50% | +455.92% |


































