Acquisition plan for the 'Rodon' hotel by investor from Hong Kong
February 7, 2025
The investor from Hong Kong, Balram Chainrai, is looking to acquire the historic hotel 'Rodon' in Agros, having already obtained nearly 36% of its shares. He has submitted a public offer for the purchase of 100% of the share capital of the Agros Development Company, securing 7 million euros in a Cypriot bank for this process. Chainrai has a track record of involvement with several Cypriot companies and continues to purchase shares. The offer for acquisition will conclude in March 2025.