Peninsula Hotels writes off Yangon project
The Hongkong and Shanghai Hotels, which owns the chain, wrote off the entire book value of the project, citing a bleak outlook four years after the Myanmar coup, according to a profit warning posted on the Hong Kong Stock Exchange
The Hongkong and Shanghai Hotels, which owns the chain, wrote off the entire book value of the project, citing a bleak outlook four years after the Myanmar coup, according to a profit warning posted on the Hong Kong Stock Exchange
