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The Philippines’ Securities and Exchange Commission (SEC) has certified the incorporation of a subsidiary of Suntrust Home Developers Inc that will handle the group’s hotel and other tourism-related businesses in that country’s capital, Manila. The subsidiary is called Suncity WC Hotel Inc, according to a Wednesday filing from Philippine-listed Suntrust. Suncity WC Hotel will be responsible for “operating, managing, and/or maintaining hotels, health and wellness shops, cinema, car parks, entertainment centers, amusement centers and other tourism-related facilities,” said the parent company. Suntrust is involved in the development of a casino hotel scheme (pictured in artist rendering) at the Westside City Project, located at Entertainment City in Manila. Suntrust is a company controlled by Hong Kong-listed Suncity Group Holdings, the latter controlled by Macau junket boss Alvin Chau Cheok Wa. ....
AM Best Upgrades Credit Ratings of Golden Bear Insurance Company AM Best Upgrades Credit Ratings of Golden Bear Insurance Company AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to a from a- of Golden Bear Insurance Company (Golden Bear) (Stockton, CA). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect Golden Bears balance sheet strength, which AM Best categorizes as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. The rating upgrades are the result of favorable trends in the companys business profile. Golden Bear is a specialty insurance writer, offering surplus lines coverage across the U.S. and admitted coverage in California and Arizona. As a surplus lines writer, the company enters and exits markets as opportunities arise. The dynamic nature ....
Irvine, CA, Jan. 05, 2021 FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fintech company with a full suite of FX and Crypto technology and business ....