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Suncity s Philippines subsidiary says Manila hotel-casino development unaffected by Alvin Chau arrest

Development of Suncity Group’s US$1 billion Manila hotel and casino project will continue as planned despite the arrest of Chairman Alvin Chau

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Suncity, SA Holdings downplay chairman s arrest - BusinessWorld Online

Suncity, SA Holdings downplay chairman s arrest - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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Suntrust and Summit Ascent unit ink deal on bond subscription

Suntrust and Summit Ascent unit ink deal on bond subscription
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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Suncity Group reverts to profits in H1

Suncity Group reverts to profits in H1
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GGRAsia – Summit Ascent to be included in MSCI HK Micro Cap Index

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 approximately 69.66 percent. Summit Ascent has also subscribed last year to convertible bonds in Suntrust Home Developers Inc, the latter a Philippine entity investing in a casino hotel in Manila, which is 51-percent owned by Suncity Group Holdings.

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