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Further to our announcements made on 18 May 2009 and 22 June 2009 in relation to the proposed acquisition of the on-going business (“Fonds de Commerce”) of the Hotel Marciano Lafayette located at 46 rue de Trévise 75009 Paris and the real estate in which the Fonds de Commerce is carried out (“Real Estate”) by Launceston Developments Limited (“LDL”), an indirect wholly-owned subsidiary of ASB [held via Alangka-Suka Hotels & Resorts Berhad (“ASHR”), a wholly-owned subsidiary of ASB] or its nominee(s)(“Proposed Acquisition”), the Board of Directors of ASB wishes to announce that ASHR has incorporated the following subsidiaries in France to undertake the Proposed Acquisition in place of LDL:-
(a) a wholly-owned subsidiary of ASHR namely, Alangka-Suka Paris (“ASP”), a French Société par Actions Simplifiée (simplified joint stock company) with a share capital of 10,000 Euros. ASP will own the Real Estate; and
(b) a wholly-owned subsidiary of ASP namely, Holiday Villa Lafayette Paris (“HVLP”), a French Société par Actions Simplifiée (simplified joint stock company) with a share capital of 20,000 Euros. HVLP will own the Fonds de Commerce.
None of the Directors or major shareholders of ASB and/or persons connected with them has any interest, direct or indirect, in the incorporation of ASP and HVLP.
[This announcement is dated 17 September 2009.] |
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