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No dispute between Razon, Tan over mega vaccination center


Published May 12, 2021, 5:03 PM
International Container Terminal Services Inc. and Alliance Global Group Inc. denied that there is any dispute between the two groups over the planned construction of a mega vaccination center on land owned by Nayong Pilipino at the Entertainment City.
    Allegations against the project include claims that it will cut down trees and that a casino will be built on the property. Both AGI and ICTSI’s Razon group own casino businesses.
The ICTSI Foundation submitted an unsolicited proposal to the government last March to build a temporary mega vaccination center in aid of the government’s goal to inoculate as many Filipinos as possible to curb the further spread of the COVID-19 pandemic and to achieve herd immunity by yearend. ....

City Of Paranaque , Nayong Pilipino , Enrique Razon , Jun Palafox , Andrew Tan , Philippine Department Of Tourism , Nayong Pilipino Foundation , Philippine Department Of Health , Alliance Global Group Inc , Westside City Resorts World Inc , Nayong Pilipino Foundation Inc , International Container Terminal Services Inc , Armed Forces Of The Philippines , Mega Vaccination Center , Razon Group , Agency Task , International Container Terminal Services , Alliance Global Group , New Seaside Road , Entertainment City , Westside City , Westside City Resorts World , Executive Officer Kevin , Armed Forces , Architect Jun Palafox , Philippine Inter Agency Task Force ,

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
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 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. ....

Hong Kong , Suntrust Home Developers , Hong Kong Summit Ascent Holdings , Hong Kong Suncity Group , Summit Ascent Holdings , Philippines Listed Suntrust Home Developers , Summit Ascent , Tigre De Cristal Phase , Suncity Group , Tigre De Cristal , Westside City Resorts World , Grand Theatre , ஹாங் காங் , சன்ட்ரஸ்ட் வீடு டெவலப்பர்கள் , ஹாங் காங் உச்சிமாநாடு ஏற்றம் ஹோல்டிங்ஸ் , ஹாங் காங் சூரிய ஒளி குழு , உச்சிமாநாடு ஏற்றம் ஹோல்டிங்ஸ் , பிலிப்பைன்ஸ் பட்டியலிடப்பட்டுள்ளது சன்ட்ரஸ்ட் வீடு டெவலப்பர்கள் , உச்சிமாநாடு ஏற்றம் , புலி டி கிறிஸ்டல் கட்டம் , சூரிய ஒளி குழு , புலி டி கிறிஸ்டல் , மேற்குப்பகுதி நகரம் ரிசார்ட்ஸ் உலகம் , மாபெரும் திரையரங்கம் ,

Megawide bags 'multiple contracts' worth P26B for Suntrust project


BusinessWorld
February 16, 2021 | 12:04 am
MEGAWIDE Construction Corp. on Monday said it bagged “multiple” contracts amounting to P26.3 billion from Suntrust Home Developers, Inc. for its Westside City Resorts World project.
“The initial letters of award from Suntrust — totaling P6.3 billion — included initial works such as pile cap, excavation, and lateral support direct contract, worth P2.3 billion, and Site B main contract, including basement substructure, superstructure, and architectural builders works and finishes, amounting to P4 billion,” the listed engineering and construction company said in an e-mailed statement.
The company added that it was awarded a supplemental agreement amounting to P20 billion on Dec. 18 last year. ....

Manila Bay , Philippines General , Arjayl Balinbin , Edgarb Saavedra , Suntrust Home Developers Inc , Main Hotel Casino , Hong Suncity Group Holdings Ltd , Megawide Construction Corp , Suntrust Home Developers , Westside City Resorts World , Entertainment City Manila , Hong Kong Listed Suncity Group Holdings , Chief Executive Officer Edgar , மணிலா வளைகுடா , பிலிப்பைன்ஸ் ஜநரல் , சன்ட்ரஸ்ட் வீடு டெவலப்பர்கள் இன்க் , பிரதான ஹோட்டல் கேசினோ , ஹாங் சூரிய ஒளி குழு ஹோல்டிங்ஸ் லிமிடெட் , சன்ட்ரஸ்ட் வீடு டெவலப்பர்கள் , மேற்குப்பகுதி நகரம் ரிசார்ட்ஸ் உலகம் , பொழுதுபோக்கு நகரம் மணிலா , ஹாங் காங் பட்டியலிடப்பட்டுள்ளது சூரிய ஒளி குழு ஹோல்டிங்ஸ் , தலைமை நிர்வாகி அதிகாரி எட்கர் ,