Goldcove SA has also reportedly entered into agreements with third party vendors to acquire a hotel and several other properties in Marrakech, Morocco. The total purchase consideration amounted to 207,521,000 Dirhams ($29.9 million).
SINGAPORE (Sept 3): Hotel operator and property developer Bonvests has acquired a company and several other properties in Morocco, totalling some $29.9 million.
In an SGX filing on Tuesday, Bonvests reported that it had acquired a 99.97% stake in Moroccan-registered Goldcove SA for a consideration of 353,900 Dirhams ($51,000).
