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Orient Victory China buys 78% stake in Japanese hotel firm Nibou

03/14/2017| 2:02:41 PM| ChinaTravelNews 中文

Orient Victory China Holdings will buy a 78% stake in Nibou Company Limited, a Japanese hotel company, for JPY 103,740,000 (USD 903,163).

Hong Kong-listed investment firm Orient Victory China Holdings announced on 10 March, 2017 that its fully-owned subsidiary Yield Quality Investment has entered into an agreement to buy 78% shares of Nibou Company Limited, a Japanese hotel company, for JPY 103,740,000 (USD 903,163).

Nibou owns and operates Hotel Sankeien, a hotel located at Jozankei-onsen, Minami-ku, Sapporo, Hokkaido, Japan.

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TAGS: Orient Victory China | Nibou Company | hotels
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