ROH disputes GROREIT's claim that its buyback rights for the Royal Orchid Sheraton Hotel have expired, asserting contractual rights remain valid and seeking legal counsel. With GROREIT's manager proposing a 4,873 million baht sale to ROH or alternative bids (Orchid Hospitality at 5,300 million baht) or public auction, unitholders will vote October 28. ROH is raising capital (168 million baht) via rights offering to support the acquisition, but financing remains conditional on due diligence and approvals.
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