Wednesday, August 17, 2022


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.

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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,

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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

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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 capi

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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 An South for an a

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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 Gami

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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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