Friday, March 29, 2024

Search Results

PH Resorts loses financier, pursuing other investment options to finish property

PH Resorts, in its bid to complete its Emerald Bay property in Cebu, is still facing issues over funding, as its latest agreement with financier AppleOne Properties has failed to materialize.

PH Resorts enters debt restructuring deal to save Emerald Bay

PH Resorts, the developer of the Emerald Bay project in Cebu, has now entered into a MOU with Cebu-based property developer AppleOne Properties for a majority interest in its Emerald Bay project.

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.

Your Daily Asia Gaming eBrief: New refinancing move approved by PH Resorts

And again….Emerald Bay. Much to be talked about as the group secured its re-financing, totaling $128 million, with intentions to finalize the Cebu-based project even as its talks with investors continue.

PH Resorts increases capital stock proposal after green light in stockholders meeting

The board of directors of PH Resorts Group Holdings has approved a proposal to increase its capital by $128 million as it aims to finalize Emerald Bay.

PH Resorts Group aims to increase capital by $128 million

To raise more capital and issue new shares, PH Resorts Group Holdings aims to increase its authorized capital stock by PHP7 billion ($128 million). This issue will be discussed in the upcoming annual stockholders meeting on Wednesday, July 26th.

Your Daily Asia Gaming eBrief: PH Resorts confident it will open Emerald Bay: COO

Shine bright like…..an Emerald. That's what PH Resorts is looking to do, as the group's COO says the company is confident it will be able to open the under-construction Emerald Bay project in Clark, as talks continue with possible investors or partners.
00:14:44

PH Resorts firm in opening Emerald Bay, hoping to finalize investment conversations soon

PH Resorts remains firm in its belief that it will be able to open its flagship property, Emerald Bay, despite recent complications, including Bloomberry Resorts pulling out its proposed investment. AGB sat down with the group’s COO, Angel Sueiro, ahead of the group’s annual general meeting, to get more insights on the project and its progress.

PH SEC denies PH Resorts request to discuss possible sale of assets in general meeting

The Philippines Securities and Exchange Commission (SEC) has denied a request by PH Resorts to disclose to the public its plan for a possible sale of assets of subsidiaries in its upcoming shareholders meeting on July 26th.

PH Resorts in ‘strategic investor discussions’ over Emerald Bay IR

PH Resorts Group has announced that ‘has ongoing strategic investor discussions with several parties relating to much-needed investment in its planned Emerald Bay integrated resort in Cebu.