Kanuhura Resort finds new proprietor in Singapore’s HPL

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Kanuhura Resort, one among the many luxury hideaways in Maldives, is now up for sale.

Ministry of Tourism, on Sunday, 28 March 2021 made announcement of the resort’s leaseholders informing the state body to change their legal rights by selling the property to another party.

Meanwhile, the tourist resort is an operational property under Sun Limited Company of Mauritius.

Moreover, Ministry of Tourism announces parties with overdue payments or debt in relation to the resort to inform the authority within 14 days by writing.

Furthermore, recent updates reveal Singapore’s Hotel Property Limited as the resort’s new buyer.

Kanuhura Resort, a five-star luxury slip is estimated worth MVR2.4 billion.

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