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Published Tue, Nov 8, 2016 · 09:50 PM
Global Premium Hotels
GLOBAL Premium Hotels (GPH) announced after trading hours on Tuesday the acquisition of a hotel property in Australia's Tasmania state for A$7.2 million (S$7.7 million) through a newly incorporated subsidiary.
The newly incorporated subsidiary in Australia, GP Hotel Launceston, will have an initial paid-up capital of A$1 million.
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