This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
MANDARIN ORIENTAL INTERNATIONAL LIMITED HALF-YEARLY RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 2015
Hamilton, Bermuda – 12 August, 2015 – In a filing with the Bermuda Stock Exchange, dated 30 July, 2015, Mandarin Oriental International Limited (the “Company”; Ticker: MOIBD.BH) announced its results for the six months ending 30th June. The filing stated:
Highlights
· Challenging conditions in a number of key markets
· Acquisition of the Hotel Ritz, Madrid in a joint venture
· Hotel opens in Milan, and a new management contract for Beijing
· US$316 million rights issue fully subscribed
·
“While challenging conditions in some of Mandarin Oriental’s key markets are expected to influence full-year performance, the Group should continue to benefit from its strong overall competitive and financial position.”
Ben Keswick
Chairman
The full press release has been published on the Company’s website: http://202.66.146.82/listco/sg/mandarin/interim/2015/int.pdf
The parent company, Mandarin Oriental International Limited, is incorporated in Bermuda and has a standard listing on the London Stock Exchange as its primary listing, with secondary listings in Bermuda and Singapore. Mandarin Oriental Hotel Group International Limited, which operates from Hong Kong, manages the activities of the Group’s hotels. Mandarin Oriental is a member of the Jardine Matheson Group.
- end -
For further information, please contact:
Mandarin Oriental Hotel Group International Limited
Edouard Ettedgui / Stuart Dickie
Jill Kluge / Sally de Souza
(852) 2895 9288
(852) 2895 9167
Brunswick Group Limited
Vanessa Gourlay (852) 3512 5079
This and other Group announcements can be accessed through the Internet at www.mandarinoriental.com