This collaboration will see the rebranding and operation of Softlogic's hotel in Colombo as an upper-upscale NH Collection hotel.

Pursuant to Section 8.1 of the Listing Rules, the company disclosed that the hotel, consisting of 219 rooms and suites offering expansive views of the Indian Ocean and Colombo city, will be rebranded as the "NH Collection Colombo Hotel."

This change will take effect on June 1, 2024. The NH Collection Colombo Hotel will join Minor Hotels' existing properties in Sri Lanka, which include Anantara Kalutara Resort, Anantara Peace Haven Tangalle Resort, and Avani Kalutara Resort.

Minor Hotels, a major player in the global hospitality industry, operates over 550 hotels and resorts across 56 countries