Outgoing premier signs-off on Ritz price

| 24/05/2013

ritz-grand_cayman.jpg(CNS Business): Despite comments by the former minority government that it was still investigating the value of the Ritz-Carlton sale before it was prepared to register the transfer, it appears that the last act of the interim PNA Cabinet was to accept the price and complete the transfer. Officials from Five Mile Capital Partners LLC announced Friday that some seven months after the sale the Cayman Islands Land Registry registered the transfers of Ritz-Carlton properties to the subsidiaries of RC Cayman Holdings LLC, RC Cayman Hotel Holdings Ltd and RC Cayman Property Holdings Ltd, new owners of The Ritz-Carlton, Grand Cayman. Read more on CNS Business

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