Prime Minister of Samoa Tuilaepa Aiono Sailele Malielegaoi, and Former Minister of Finance of Samoa Faumuina Tiatia Liuga attended the re-opening. The total cost of renovations are estimated to be roughly $40 million. It was reported by Radio New Zealand in May 2017 that Grey Investment Group planned to acquire Manava Beach Resort and Spa, located in French Polynesia; however, the company was passed over, with China's HNA Group eventually acquiring the resort. Investments Aggie Grey's Hotel Limited The Grey Investment Group directly hold 4,039,375 shares, and indirectly hold a further 192,500 shares in Aggie Grey's Hotel Limited, the holding company of both Sheraton-managed Aggie Grey hotels as well as the Le Panina Golf Course & Functions Centre, and the Whitesands Samoa Casino. The shareholding gives the company an 88.53% shareholding in Aggie Grey's Hotel Limited. Aggie Grey's Hotel Limited owns, Sheraton Samoa Aggie Grey's Resort Sheraton Samoa Aggie Grey's Hotel & Bungalows Whitesands Samoa LE Panina Golf Course & Functions Centre Le Méridien In July 2011, General Manager of Grey Investment Group, Fredrick Alan Grey started travelling to Tahiti to meet with then-President of French Polynesia Oscar Temaru, Fidupac Tahiti Representative Jose Chanlin, and the Vice President of GDF Suez France, Frederic Martin, to negotiate the purchase of Le Méridian Tahiti Resort. In December 2011, it was reported that the Grey Family had completed the purchase of Le Méridien for an undisclosed amount. The Grey Family reportedly acquired the resort from French multinational GDF Suez. The transaction was handled by accounting firm Fidupac Tahiti. The Grey Investment Group's website states that the resort was purchased for $15 million. Le Méridien is a 5-star hotel that features roughly 200 rooms, and was redesigned by award-winning French designer Didier Lefort in 2010. The resort also features two cocktail bars, two restaurants, a spa, and tennis courts. It owns and operates its own private white sand beach and gardens, multiple conference and meeting rooms and is located 15 minutes from Fa'a'ā International Airport. Tahiti Nui Travel In November 2014, it was announced that AccorHotels had appointed JLL Hotels & Hospitality Group to sell their three French Polynesian island resorts in order to focus on existing European investments. Expressions of Interest for the properties closed Wednesday, 26 November 2014. Senior Vice President of JLL Hotels & Hospitality Group Peter Harper said, "This rare offering presents investors and owner-operators with an unparalleled counter-cyclical opportunity