Premiere Horizon Stake in Boutique Hotel Sold

Premiere Horizon Alliance Corp. has divested its interest in a boutique hotel-owning real estate company in Makati City. This is in line with their efforts to focus on their core business. They sold their 32% stake to another company that partly owns another hotel for Php 45 million. The name of the buyer remains undisclosed.

Premiere Horizon has also invested in Concepts Unplugged Business Environment Solutions; a provider of off-grid refrigeration-technology installations. More investments come in the form of Redstone Construction Development Corp. and Goshen Land Capital, Inc. The company has left the gaming business after selling Total Gaming Xtreme, Inc.

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