Thursday, May 9, 2024

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Andrew Lo bumps bottom acquisition offer for Suncity ListCo.

LET Group - formerly Suncity Group - along with Major Success Group have revised their bottom offer to acquire Suncity Listco shares priced at HK$0.0690 per share, a filing to the HKSE on Wednesday shows. 

Andrew Lo ascends to chairman of Suncity rebranded LET Group

Andrew Lo Kai Bang was appointed chaiman of Suncity rebranded LET Group Holdings as well as Summit Ascent Holdings, in fillings to the Hong Kong Stock Exchange.

Suncity stock surges 137% as Andrew Lo confirmed as majority shareholder

Suncity Group Holdings stock soared 137 percent on resumption of trading in Hong Kong on Thursday after executive director Andrew Lo was confirmed as majority shareholder.

Suncity executive director Andrew Lo new company owner after Alvin Chau sale

Suncity Group Holdings executive director Andrew Lo is the new majority shareholder in the group after former CEO Alvin Chau offloaded his stake.

Suntrust board appoints Westside Resorts World directors Andrew Lo, David Chua

Suntrust Home Developers Inc, the company behind the Westside Resorts World project in Manila has appointed two high-profile executives to its board of directors. 

Suntrust Resort Holdings narrows loss by 41 percent, still on schedule for Westside City

Philippines Stock Exchange-listed Suntrust Resort Holdings, subsidiary of the LET Group, has announced a narrowing of its net loss in 3Q23, to PHP414.48 million ($7.43 million), down 41 percent annually.

Games Global launches promotional tournament tool Cash Splash

Games Global is poised to revolutionize the player experience with its new tournament tool, Cash Splash.

LET-controlled Suntrust loss narrows to $2.9 million in 2Q23

The controlling shareholder of the Philippine Stock Exchange-listed Suntrust Resort Holdings, LET Group Holdings (formerly known as Suncity Group Holdings), has announced that its subsidiary recorded a PHP 164.1 million ($2.9 million) loss in the second quarter of the year.

Bloomberry, Newport World, and PH Resorts bosses among Forbes Philippines’ 50 Richest

Enrique Razon Jr., the owner of Bloomberry Resorts, Andrew Tan, the head of Newport World Resorts, and the founder of PH Resorts Group, Dennis Uy, are all ranked among the top 50 wealthiest in the Philippines, according to Forbes' 'Philippines 50 Richest 2023' list.

Alliance Global Group to expand casinos beyond Manila

Philippines conglomerate Alliance Global Group (AGI) seeks to expand its casino resort ventures outside of Manila to reach fast-growing areas.