Haldane McCall Plc
Haldane McCall Plc: Haldane McCall PLC announced completion of Suru Express Hotel Ikeja, Lagos
Haldane McCall Plc / Key word(s): Product Launch/Miscellaneous 11.07.2012 / 15:34 --------------------------------------------------------------------- Press Release Haldane McCall PLC announced completion of Suru Express Hotel Ikeja, Lagos Haldane McCall PLC, a European Company investing in emerging markets Africa today reports the opening date for its new Suru express Hotel. The new hotel will now open to the public on Monday 20th August 2012. Suru Express Ikeja, is a 35 bedroom budget hotels, situated at the centre of Ikeja GRA. Lagos . Investors are advised that this will have a positive impact on the bottom line cash flow which currently stands at EUR8.9m (31 December 2011: EUR6.7m) ABOUT HMK Haldane McCall PLC is a European Company investing in emerging markets, primarily in Africa. HMK invests in real estate in the low cost housing segment in West Africa. The Group operates the Best Western hotel brand in West Africa. The Company owns Best Western hotels and controls several others via franchise licensing in Nigeria. HMK operates own Suru Express hotels in West Africa. HMK has dedicated subsidiaries for real estate (Suru Homes Ltd.) and dedicated financial services (Independent Prolific Micro Finance Bank Ltd.) to provide a full package -from financing to sale- to the lower income population in Africa. In addition HMK invests in real estate and hotels in selected European metropolises. Please send enquiries to: info@haldanemccallplc.com or Visit our website: www.haldanemccallplc.com Safe Harbor Statement; The statements contained herein are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time. End of Corporate News --------------------------------------------------------------------- 11.07.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 177532 11.07.2012
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