BYNEY - Resort Operator In Tie-Up With Hard Rock For Casino Project
Update On The Coverage Of Banyan Tree Holdings
Banyan Tree Holdings (OTCPK:BYNEY) (OTC:BYNEF) is an international developer and operator of luxury resorts, hotels, residences, spas, retail galleries, and golf courses. Its primary listing is on the Singapore Exchange with ticker code B58 and has the majority of its businesses in Southeast Asia and China. My initiation article on the company was published as PRO in April last year. The investment thesis premised on the debt reduction and likely collaboration with its two new partners - French multinational hotel group Accor S.A.