Monday, October 18, 2021
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Donaco takes “urgent” capital raising measures

Donaco International said it’s seeking to raise $14.4 million capital through a pro-rata entitlement offer due to an “urgent” need for funds because of the impact of Covid-19 on its business.

IPI acquires 50 percent stake in Saipan resort developer

Imperial Pacific International has announced it has entered into a sale and purchase agreement to acquire a 50 percent stake in American Sinopan LLC,...

Berjaya PH lowers stake in PGMC to 79.9 percent

Berjaya Philiippines Inc has disposed of 1 million shares in Philippines Gaming Management Corp (PGMC) for P117.2 million (US$2.3 million), with funds to be...
CoD Manila

Melco Resorts Philippines to eliminate accumulated deficits

Melco Resorts and Entertainment (Philippines) Corp. has filed an application with the Securities and Exchange Commission (SEC) to restructure its capital to eliminate accumulated...

Suncity Group set to acquire 34 pct stake in Hoi An project

Goal Summit Ltd, a subsidiary of Suncity Group Holdings, is set to acquire a 34 percent stake in an integrated resort project in Hoi...

MGM to acquire Boyd Gaming’s interest in Borgata Casino

New York-listed MGM Resorts International has announced it has entered into a definitive agreement to acquire the remaining interest held by Boyd Gaming in...

Success Dragon to acquire stake in Danang hotel

Hong Kong-listed Success Dragon International Holdings has announced it has entered into an agreement to acquire a stake in a 5-star hotel located in...

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