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Datapulse Technology Limited ( (SG:BKW) ) has shared an announcement.
Datapulse Technology Limited has announced that its subsidiary, RK One Hotel Management LLC, has issued a six-month notice to terminate its Hotel Management Agreement with Travelodge Hotels (Asia) Pte. Ltd. for the management of Travelodge Myeongdong City Hall in Seoul, Korea. Despite the termination notice, the company is actively seeking to renegotiate the terms with Travelodge Hotels to find a mutually agreeable solution, indicating potential changes in its operational strategy and partnerships.
More about Datapulse Technology Limited
Datapulse Technology Limited, incorporated in Singapore, operates in the hospitality industry through its subsidiaries, focusing on hotel management services.
Average Trading Volume: 22,661
Technical Sentiment Signal: Buy
Current Market Cap: S$34.34M
For a thorough assessment of BKW stock, go to TipRanks’ Stock Analysis page.