Delta Corp has acquired 11.76% of the equity share capital in Harborpeak Real Estate (HREPL), as part of the real estate development platform (RE Platform). The investment by the Company is a part of its strategic investment in the real estate development sector. HREPL will be engaged in the business of undertaking residential re-development projects.
Earlier, the company had received an approval for the proposal for entering into a strategic partnership with Alpha Alternatives Fund Advisors LLP and its affiliates (including Arsenio Strategies) and any funds managed by Alpha Alternatives Fund Advisors LLP (collectively referred to as AA Group) and Peninsula Land (PLL) to establish a RE Platform.
The company is engaged in three business segments i.e. Casino Gaming, Online Skill Gaming and Hospitality.
