there is no (longer) indonesian consortium..
http://www.forbes.com/global/2000/03...46a_print.html
so zecha dropped to 6.3% indirect stake in 1993? wow. 4-6 years after starting aman.
does the debt that DLF assumed go all the way back to vaturi? and not all property ownership?
http://robbreport.com/Article.aspx?pid=4142
considering ownership situation, pure luck it would seem.
going back to post 210
http://www.flyertalk.com/forum/19766594-post210.html
they were definitely selling in apr 2010 timeframe, although not on the record
http://articles.economictimes.indiat...i-adrian-zecha
so they had told zecha to find JV or they will, and zecha didnt.
and that would fit with fall 2009 rumors etc, thats when they gave zecha the deadline.
http://www.telegraphindia.com/107112...ry_8606464.asp
hmm >
i seem to recall some of this in DLF docs, in terms of increasing equity.
but this says transaction was for lee hing majority. (>vaturi>colony>vaturi)
regardless of what transaction said re debt, im pretty sure they are selling aman with debt.
but not positive re any of this?
(i have been tracking and posting on the record quotes from DLF execs.)
(the race has been over and they have been in negotiations, due diligence, etc. thats official.)
this is no different from the years of anonymously sourced "news" articles.
of the many mentioned, only one company went on record as bidding.
note the 3rd and 4th tweets specifically >
some more history >
worst case, independently owned aman can self manage.
there are good owners like canyon equity and dolphin capital.
who owns GHM?
ahn lu is presumably owned by Beijing Tourism Group and Great Ocean Group (maybe involved in chinese aman?)
***
http://www.nxtbook.com/nxtbooks/virt...20120506/#/100
some good pics, maybe some details
ignore the part about 2 nt boat (charter) to wana
edit - scratch that, pics look like official from aman site, although maybe some recent additions
http://www.nandanavilla.com/press/robb-report/
http://www.justluxe.com/travel/spa/feature-1838138.php