Sunday, December 15, 2019

Empire Resorts shareholders approve acquisition from Genting

Shareholders of Empire Resorts have approved of its merger with Genting Malaysia, which will see Genting own 38.3 percent of the company.Earlier this month,...

Shareholders approve Eldorado’s acquisition of Caesars Entertainment

The blockbuster $17.3 billion deal by which Eldorado Resorts will take over Caesars Entertainment, thus creating the largest US IR operator, has cleared one of its main hurdles as the stockholders of both companies gave their consent on Friday.

Landing International shareholding under dispute

Landing International Development chairman Dr. Yang Zhihui said he will “take all necessary and appropriate actions to protect his interests” after it was revealed...

Suncity Philippines foray questioned by regulators

Suncity’s backdoor foray into the Philippines gaming industry has raised questions from industry stakeholders, particularly regulators, according to local media. Last week, the Hong Kong-listed...

South Shore sells aggregate 50 percent interest in The 13

South Shore Holdings has announced that it has found three companies that have agreed to acquire an aggregate 50 percent interest in its luxury...

Trading of Suntrust shares halted as listing rules breached

Shares of Suntrust Home Developers Inc. are to remain suspended from trading by the Philippine Stock Exchange after it was found that its deal...

Suncity to enter Philippines integrated resort market

Hong Kong-listed Suncity Group Holdings has acquired a controlling stake in a Philippines company involved in developing and managing an upcoming five-star hotel and...

NagaCorp’s Dr. Chen to privatize Malaysian resort company

Karambunai Corp Bhd’s largest shareholder, Tan Sri Dr. Chen Lip Keong is planning to privatize the company in a deal worth an estimated RM184.7...

Suncity to acquire land plot in Okinawa

Suncity Group has announced the acquisition of a plot of land located in Miyako Island in Okinawa, Japan, with the aim of developing a...

Melco likely to target full Crown acquisition: Bernstein

Melco’s moves to acquire a 19.99 percent interest in Crown Resorts is likely stepping stone for eventually taking controlling ownership, or outright acquisition of...

TRENDING ARTICLES

Wakayama prefecture plans to purchase land of IR candidate site

The Wakayama Prefectural Government has reached an agreement to purchase the IR development candidate site at Marina City in the event that Wakayama wins its licensing bid at the central government level.

Hokkaido conservatives fail to unite behind IR bid

The clouds darkened over the prospects for a Hokkaido IR bid this week as the main conservative caucus in the Hokkaido Prefectural Assembly proved unable to coordinate a united stance after two days of talks.

Service industry will still reign, despite automation: Tourism official

The Philippines Tourism Ministry said it is optimistic that the country’s unique brand of service will continue to play a strong role in its...

Mark Brown resigns as IPI CEO

Commonwealth Casino Commission Executive Director Edward Deleon Guerrero has revealed that Mark Brown has resigned as CEO of Imperial Pacific International (IPI), effective December 8.

POGO workers required to hold IDs in January

The Philippines government will be issuing identification cards to all foreign POGO workers starting in January, in a bid to better monitor, tax and...