Page 4 - Summit Ascent News Today

SunCity chairman Alvin Chau has resigned from his position following his arrest on suspicion of illegal gambling.

Hong Kong-listed Summit Ascent Holdings Ltd announced on Wednesday that it is to be officially included as a constituent stock of the MSCI Hong Kong Micro Cap Index, effective after the close of trading in Hong Kong on May 27. Summit Ascent promotes the Tigre de Cristal casino resort (pictured) in Vladivostok, Russia. Hong Kong-listed Suncity Group Holdings Ltd – chaired by Macau veteran junket investor Alvin Chau Cheok Wa – is the controlling shareholder of Summit Ascent, with approximat...

Two senior executives of Hong Kong-listed Summit Ascent Holdings Ltd have respectively become board directors at Suntrust Home Developers Inc, a Philippine entity investing in a casino hotel in Manila that is part of the Westside City Project. The board move is according to a Suntrust filing to the Philippine Stock Exchange on Tuesday. Andrew Lo Kai Bong (pictured in a file photo), also an executive director of Hong Kong-listed Suncity Group Holdings Ltd, and deputy chairman of Summit Ascent, ...

Hong Kong-listed Summit Ascent Holdings Ltd, the promoter of the Tigre de Cristal casino resort (pictured) in Vladivostok, Russia, said the firm is now targeting the launch of the “first stage” of the second phase of the complex “in 2023”. The new launch date was mentioned in Summit Ascent’s 2020 annual report, filed to the Hong Kong bourse on Thursday. The firm did not elaborate on what the first stage of Tigre de Cristal’s expansion would comprise. The company had previously fla...

View All Result Summit Ascent to issue US$120 million loan to Philippines associate SunTrust for Manila hotel and casino development 502 VIEWS Hong Kong’s Summit Ascent Holdings has entered into an agreement to loan HK$930 million (US$120 million) to Philippines-listed SunTrust Home Developers to fund the construction of SunTrust’s hotel and casino development in Manila’s Entertainment City. The loan, to be issued by Summit Ascent subsidiary SA Investments, will be issued due to delays ...

Update: February, 24/2021 - 04:12 | Suncity", Hong Kong Stock Exchange code: 1383) and Summit Ascent Holdings Limited (" Summit Ascent", Hong Kong Stock Exchange code: 102), are pleased to announce that staff in Tigre de Cristal has started to receive Russias self-developed Sputnik V COVID-19 vaccination . This is a move by the Government to safeguard the health and safety of the Russian citizens, our staff and our guests, as well as a mo...

​ THE Securities and Exchange Commission (SEC) exempted Suntrust Home Developers, Inc.’s proposed issuance of P5.6 billion, 6% convertible bonds to Summit Ascent Investments Ltd. from registration requirements. Suntrust released on Monday a copy of the SEC letter dated Dec. 11, as signed by SEC Director Vicente Graciano P. Felizmenio, Jr. Mr. Felizmenio said the company is “exempt from the registration requirements under Section 8 of the Securities Regulation Code, for which the exemption...