Saturday, October 23, 2021
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Guangzhou R&F properties said investors to provide HK8b loan

Guangzhou R&F Properties, which is developing a resort in South Korea, said two of its main shareholders have agreed to support the company with...
Westside-Manila-Render

Suntrust to double capital to raise funds for Westside City project

Suntrust Home Developers is seeking investor approval to double its authorized capital stock to finance construction of the Westside City project in Manila.
International Entertainment gains provisional license for Manila IR

International Ent. to complete Manila hotel reno by June 2022

Hong Kong-listed International Entertainment said it expects to complete the renovation of its New Coast Hotel in Metro Manila on or before June, 2022.

Universal plans additional note issue to secure cash flow

Universal Entertainment said it plans an additional note issue to improve cash flow and redeem $118 million in outstanding notes.
NagaCorp, note issue, demand

Nagacorp sees strong demand for $200m note issue

Nagacorp said it has raised $200 million through an additional note issue, which received strong support from investors.

SJM to raise about $197m through HK$ and MOP note issue

SJM Holdings said it expects to raise net proceeds of HK$1.24 billion ($159.6 million) and MOP298 million ($37.2 million) from an issue of senior notes in Hong Kong and Macau. The notes will carry interest of 3.9 percent. 

IPI 2020 loss narrows, says it’s a going concern

Imperial Pacific International says its business is still viable despite reporting a loss for the past two years and said its controlling shareholder has pledged to provide finance to settle its liabilities and and potential litigation costs.

MGM China note issue is largely neutral, says Fitch

MGM China Holdings' plans to issue senior unsecured notes is unlikely to materially affect the company's leverage and provides additional liquidity to MGM China, Fitch Ratings said in a note.
south korea, limbo, gambling

South Korea loses allure, leaving projects in limbo

South Korea, which attracted significant interest when it first opened for foreign investors, is now seen as holding limited appeal unless the government agrees to relax its stance on local gaming.

Wynn Resorts to raise funds through 5.5 million stock issue

Wynn Resorts said it was raising fund for general corporate purposes through the sale to the public of 5.5 million shares, with an option for underwriters for an additional 825,000 stocks. It didn't give the offer price, but Wynn's stock is currently trading at $116.99.

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