ORIENTHOT has provided an update regarding its Wholly-Owned Subsidiary (WOS), OHL International (HK) Limited.

The WOS has allotted 63,000 new equity shares at an issue price of USD 28 each.

This action represents an investment of USD 1,764,000 by Oriental Hotels Limited into its international arm.

While specific strategic rationale isn't detailed, such capital infusions typically support the subsidiary's operations and future growth.

Investors should note this ongoing commitment to strengthening its global footprint.