"NH Hotel Group"

Minor Hotels and NH Hotel Group have signed an agreement to operate the Villa Padierna Palace, a hotel in Marbella in the south of Spain.

Minor International (“MINT”) announced a 10 per cent increase in 3Q18 net profit from existing operations (excluding revenues and expenses related to NH Hotel Group) to Bt1.26 billion from Bt1.14 billion net profit in 3Q17, which was attributable to the exceptional performance of Minor Hotels.

MINOR International (MINT), a leading hospitality, restaurant and lifestyle operator, is in the process of revising its rolling five-year business plan, taking into consideration its acquisition of NH Hotel Group, which is listed on the Madrid Stock Exchange in Spain.

MINOR IN SHARE DEAL FOR NH HOTEL GROUP

Minor International (MINT) on Wednesday said it had agreed to buy 30 million shares in NH Hotel Group for 192 million euros (Bt7.2 billion).