Kenting Chateau Beach Resort cancelled the acquisition of Leofoo Resort Kenting Located at Haikou Village Checheng Pingtung County from The Leofoo Development Co., Ltd..
January 30, 2016 at 09:30 am IST
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Kenting Chateau Beach Resort signed an agreement to acquire Leofoo Resort Kenting Located at Haikou Village Checheng Pingtung County from The Leofoo Development Co., Ltd. (TSEC:2705) for TWD 900 million on January 30, 2015. The deal is expected to be closed by April 1, 2015.
Kenting Chateau Beach Resort cancelled the acquisition of Leofoo Resort Kenting Located at Haikou Village Checheng Pingtung County from The Leofoo Development Co., Ltd. (TSEC:2705) on January 30, 2016.
LEOFOO DEVELOPMENT CO., LTD. is a Taiwan-based company principally engaged in the operation of hotels and theme parks. The hotels operated by the Company include tourism hotels and resort hotels. Its resort hotels provide Chinese and foreign style restaurants, banquet halls, coffee shops, buffet, Japanese restaurants, Italian restaurants and bars, among others. Its theme parks provide attached restaurants and souvenir shops, among others. The Company is also involved in the operation of cinemas and parking lots. It mainly operates businesses in Taiwan market.
Kenting Chateau Beach Resort cancelled the acquisition of Leofoo Resort Kenting Located at Haikou Village Checheng Pingtung County from The Leofoo Development Co., Ltd..