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Westside City project developer Suntrust reduces loss in 2Q24 to $9.7M
Suntrust Resort Holdings, currently developing the Westside City integrated resort project in Entertainment City, Manila, Philippines, has announced a net loss of $9.68 million for the second quarter of this year, a 31 percent decrease compared to 1Q24.
Philippines’ Suntrust signs supply agreement for Westside City project
Suntrust Resort Holdings has entered into supply and installation agreements with various contractors for the Westside City project.
Philippines’ Suntrust appoints Andrew Lo as new presidentÂ
Suntrust Resort Holdings has named Andrew Lo Kai Bong as its new President, succeeding David Chua Ming Huat, who has retired. The announcement came through a filing with the Philippines Stock Exchange on Tuesday.
Suntrust secures extra $17M loan to help finance Westside City Resorts World project
LET Group Holdings, formerly known as Suncity Group Holdings, has provided a $17 million loan to its Philippine Stock Exchange-listed subsidiary Suntrust Resort Holdings to help finance its Westside City Project integrated resort development in Manila.
Suntrust Resort swings to loss in 1Q24 as revenue and income plummet
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 $4.5 million loss in the first quarter of the year.
Suntrust secures $38M loan for development of Westside City ProjectÂ
Philippines gaming operator Suntrust Resort Holdings has secured a $38 million loan from LET Group to ‘fund project costs and the construction of its Westside City Project hotel and casino.
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.
Suntrust starts employee recruitment process for Manila casino
Russian casino operator Summit Ascent’s Philippine-based fellow subsidiary Suntrust Resort Holdings is ‘starting the employee recruitment process for the Main Hotel Casino’s operations team.’ The information was shared through Wednesday’s filing.
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.
Summit Ascent providing $246 million to PH-based Suntrust
Russian casino operator Summit Ascent, a subsidiary of the LET Group (formerly known as Suncity), has announced that it has entered into a new share agreement with its Philippine partner-company Suntrust Resort Holdings for some PHP13.51 billion ($246.85 million).
