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Hong Kong Investor Relations Association Announces Winners of the 7th IR Awards 2021

Hong Kong Investor Relations Association Announces Winners of the 7th IR Awards 2021
jcnnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jcnnewswire.com Daily Mail and Mail on Sunday newspapers.

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acnnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from acnnewswire.com Daily Mail and Mail on Sunday newspapers.

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Summit Ascent to issue US$120 million loan to Philippines associate SunTrust for Manila hotel and casino development

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Summit Ascent to issue US$120 million loan to Philippines associate SunTrust for Manila hotel and casino development
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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 in Summit Ascent’s own development works in Vladivostok, Russia, where it is has started construction of Tigre de Cristal Phase 2.
Both companies are majority-owned by Hong Kong’s Suncity Group, which owns a 67.5% stake in Summit Ascent and 51% of SunTrust. Summit Ascent also holds Php5.6 billion worth of convertible bonds in SunTrust, which would equal a 30.03% stake should it choose to convert. ....

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Dredging Market Research Report - Global Forecast to 2024 - Cumulative Impact for COVID-19 Recovery

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AM Best Upgrades Credit Ratings of Golden Bear Insurance Company

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 ....

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