Memorandum of Understanding
C.C.C. Tourist Enterprises Public Company Ltd (“Company”), which holds 24,98% of the issued shares of the Parklane Hotels Limited (“Parklane”), announces that together with Emerald Coast Properties Ltd (“Emerald”), which holds 75,02% of the issued shares of Parklane, has signed a Memorandum of Understanding (MOU) with Invel Real Estate Management (Cyprus) Ltd (“Investor”), in which…