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Kai Yuan Holdings Plans Major Hotel Renovation
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Kai Yuan Holdings Plans Major Hotel Renovation

Kai Yuan Holdings Limited (HK:1215) has released an update.

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Kai Yuan Holdings Limited has announced a special general meeting scheduled for December 31, 2024, to approve a significant renovation agreement for the Marriott Champs-Elysees Hotel in Paris. This renovation, valued at over EUR 11 million, marks a strategic move by the company to enhance its hospitality portfolio and potentially boost its market presence. Shareholders are invited to vote on this proposal, which will authorize the company’s directors to facilitate the renovation project.

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