Soneya snags Chinese investor

The deal was signed by Soneva Holdings Pte Ltd and the Chinese private equity firm Sailing Capital Overseas Investment Fund LP.The deal was signed by Soneva Holdings Pte Ltd and the Chinese private equity firm Sailing Capital Overseas Investment Fund LP.
It will see Sailing Capital become a significant investor in Soneva to support the expansion of the company’s portfolio of resorts across the Maldives and represents the largest Chinese private investment to date in the Maldives.
inside no 10“The investment by Sailing Capital marks a new chapter in the development of Soneva.” said Sonu Shivdasani, chairman and CEO of Soneva. “Soneva pioneered luxury hospitality in the region almost 20 years ago and our brand is now synonymous with the Maldives.”
“We have exciting plans to develop new resorts in the area, and the scale of this investment demonstrates our confidence in the future of the Maldivian economy. Our relationship with Sailing Capital will allow us to accelerate these plans for growth.”

sourced:ttrweekly.com