Rock City Hotel Limited has withdrawn from Social Security and National Insurance Trust’s (SSNIT) controversial decision to sell a substantial 60% of its shares in four major hotels.
Rock City Hotel Limited in a press release affirmed its decision to withdraw the bid and discontinue pursuit of the investment opportunity with SSNIT.
“Flowing from all the commentary monitored and the undue negativity that has attended this commentary, we feel you have not done enough to engage all your stakeholders, leading to perceptions that we don’t want associated with our brand, We believe that such negativity is not only injurious to our brand but also jeopardizes the success of the investment we intend to make in these hotels,’’ the statement added.
Meanwhile, Organised Labour has declared the strike action over the sale of SSNIT Hotels
Read the statement below:
![](https://mybrytfmonline.com/wp-content/uploads/2024/07/F6B17C80-47B5-4309-B512-6FED362AFBCD.jpeg)
Source: Mybrytfmonline.com/Solomon Nartey