Far East Consortium (FEC)
Finance
FEC announces US$42 million merger with Trans World Corporation
Far East Consortium International Limited (FEC) announced today that subsidiaries FEC Overseas Investment (UK) Limited (FEC OIL) and FEC Investment (US) Limited have entered a merger agreement with Trans World Corporation.
Hong Kong
Dorsett sells Hong Kong hotel for US$58m
Dorsett Hospitality International has agreed to sells one of its hotels in Hong Kong. Under the agreement with Golden Wheel
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