KOP Properties (UK) Limited completed the acquisition of Charlton House Hotel and Spa in the U.K.
Singapore, 6 March 2023 – Catalist-listed KOP Limited (“KOPL” or the “Company”, together with its subsidiaries, the “Group”) announced that on 28 February 2023, its indirect, wholly owned subsidiary company, KOP Properties (UK) Limited, has entered into a purchase agreement with Bannatyne Hotels Limited for the acquisition of the business including certain of its assets relating to the Charlton House Hotel and Spa. The acquisition includes the operations of a hotel, private members’ health and fitness club, beauty spa, restaurant, function rooms and wedding venue which have been carried on at Charlton House Hotel and Spa. The hotel is located at Charlton Road, Shepton Mallet, Somerset, BA4 4PR.