GGRAsia – Suntrust investors to add US$346mln to Manila project ggrasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ggrasia.com Daily Mail and Mail on Sunday newspapers.
Foreign ownership in Suntrust Resort Holdings Inc. will increase to 65.95 percent from 51.34 percent if the convertible bonds issued to Hong Kong-listed Summit Ascent Holdings are converted into shares.
Hong Kong-listed Summit Ascent Holdings and Suntrust Resort Holdings Inc. are in talks over unpaid interest on P5.6 billion in convertible bonds related to the development of Andrew Tan’s Westside City project in Entertainment City.
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HONG KONG (Reuters) - Shares of Macau gambling group Suncity Group Holdings Ltd plunged to a record low in resumed trade on Tuesday after its chairman.