Opening Baha Mar: Another Step Closer

Chow Tai Fook Enterprises Limited | October 28, 2016

NASSAU, Bahamas, Oct. 28, 2016 -- Chow Tai Fook Enterprises Limited (CTFE) is pleased to announce that it has entered into negotiations in connection with the ownership of Baha Mar. CTFE, a world-class developer with immense experience in global hospitality and mixed-use development, has applied to the Government of The Bahamas for approval as a proposed investor and acquirer of the Baha Mar Resort, by way of acquisition of Perfect Luck Assets Limited (Perfect Luck), the company to which certain assets of the Baha Mar Resort have been transferred. Not only does CTFE have a vast and diverse portfolio of global business operations, but on...