Investors in South Shore Holdings, the owner of the 13 hotel in Macau, have voted by a majority against a petition to wind up the company. About 72 percent of shareholders voted no.
Donaco is proposing a name change to Pan Asian Leisure as a statement that it’s leaving the past behind following an “unacceptable” financial performance.
Donaco said that its largest shareholder has requested an EGM to consider a resolution calling for the entire board of directors to be ousted.
Premium Leisure Corp Chairman Willy Ocier says the companies involved in the City of Dreams Manila are considering opening a second property at a different location, The Philippine Star reports.
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