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Bloomberry open to selling Korean casino resort interests

Bloomberry [BLOOM 11.22 ?3.4%] [link] issued a clarification to a Biz Buzz article to say that it is “open to the possibility of selling its interest in Jeju Sun Hotel and Casino”, but that there is “no imminent deal with respect to [its] sale”......»»

Category: financeSource:

philstarRelated NewsMar 1st, 2024

Bloomberry posts FY23 profit of P9.5-B (UP 85%)

Bloomberry, the gaming arm of Enrique Razon’s diversified empire, posted a FY23 consolidated net income of P9.5 billion, up 85% over its FY22 net income of P5.1 billion......»»

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philstarRelated NewsMar 5th, 2024

Bloombery ends dispute with GGAM

Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have ended their decade-long dispute with casino management firm Global Gaming Philippines LLC, reaching a universal settlement which includes a $300 million special block sale......»»

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philstarRelated NewsMar 19th, 2024

Bloomberry opens Quezon City casino in May

The company’s financial and operating results for 2023, “reflect a resilient Philippine economy amid a challenging global economic landscape,” Razon said......»»

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philstarRelated NewsMar 5th, 2024

Katrina Razon: Everyone is a steward for a new way forward

When it comes to sustainability, creating social impact and striving for a regenerative future, Katrina Razon, daughter of ports tycoon Enrique Razon, walks the talk......»»

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philstarRelated NewsFeb 17th, 2024

Government tackling high construction costs

The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»

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philippinetimesRelated NewsFeb 20th, 2024

Razon unit strengthens exposure in water infrastructure

The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»

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philstarRelated NewsMar 15th, 2024

Upper Wawa Dam project now 93% complete

WawaJVCo Inc., a joint venture led by ports and casino tycoon Enrique Razon, has moved a step closer in completing its planned Upper Wawa Dam project, touted as the largest water supply dam to be constructed in the country in over 50 years......»»

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philstarRelated NewsMar 1st, 2024

Rafael Consing: The big shift

Getting an earful from ports and casino tycoon Enrique Razon did not stop him from joining the government, leaving over three decades of private sector life in exchange for a job under scrutiny, but one that would give him the fulfillment he is looking for......»»

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philstarRelated NewsFeb 25th, 2024

Suntrust secures $38 million loan for Parañaque casino project

Suntrust Resort Holdings Inc. has secured a $38-million loan to fund the development of its casino project in Parañaque City......»»

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philstarRelated NewsApr 22nd, 2024

Solaire Quezon City casino fully ramped up in 2 years

Bloomberry Resorts Corp. of tycoon Enrique Razon expects to fully ramp up in two years its upcoming $1 billion casino resort in Quezon City, which is expected to open on May 25......»»

Category: financeSource:

philstarRelated NewsApr 19th, 2024