Minor International Public : Liquidation of Subsidiary
January 18, 2018 at 04:49 pm IST
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-Translation-
January 18, 2018
Subject: Liquidation of Subsidiary To: The President
The Stock Exchange of Thailand
Minor International Public Company Limited ("MINT") would like to inform that Marvelous Wealth Limited, a 100% subsidiary of Minor Corporation Public Company Limited which is a 99.9% holding direct and indirect by MINT and subsidiary was liquidated. This liquidation has no impact to MINT's business.
The value of such transactions are not required to be disclosed under the Stock Exchange of Thailand's notification regarding Rules and Procedures and Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets ("The Notification: Re Acquisition & Disposal").
Please be informed accordingly.
Sincerely yours,
- Signed - ___________________________ (Mr. Brian James Delaney) Corporate Chief Financial Officer
Minor International pcl published this content on 18 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 January 2018 11:19:06 UTC.
Original documenthttp://ir.listedcompany.com/tracker.pl?type=6&id=623311
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Minor International Public Company Limited is a Thailand-based company engaged in the investment activities and hotel and restaurant operations carried out in Thailand. The Company segments include Hotel, Mixed use and Restaurant. It has a portfolio of over 530 hotels and serviced suites under the Anantara, Avani, Oaks, Tivoli, NH Collection, NH, nhow, Elewana Collection, Four Seasons, St. Regis, JW Marriott and Radisson Blu brands in 55 countries across Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas. It also has over 2,600 outlets operating system-wide in 24 countries under The Pizza Company, Swensenâs, Sizzler, Dairy Queen, Burger King, Thai Express, The Coffee Club, Bonchon, Riverside, Coffee Journey, GAGA and Benihana brands. In addition, it operates mixed-use businesses, which include real estate business, comprising sale of residential development, Anantara Vacation Club, retail plaza and entertainment businesses and dining restaurants.