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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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GGRAsia – Launch of Tigre de Cristal phase 2 now 2023: promoter

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 flagged 2022 as the target launch for the casino resort’s second phase. Such date was mentioned in the firm’s interim report, filed in September last year.

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GGRAsia – Casino op Summit Ascent names David Chua CEO

GGRAsia – Casino op Summit Ascent names David Chua CEO
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.

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GGRAsia – Russian casino op Summit Ascent yearly profit dips 88pct

GGRAsia – Russian casino op Summit Ascent yearly profit dips 88pct
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.

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GGRAsia – Summit Ascent provides loan to Suntrust for Manila scheme

GGRAsia – Summit Ascent provides loan to Suntrust for Manila scheme
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.

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