Operations at City of Dreams Manila remain on solid footing despite uncertainty surrounding the stake of foreign partner Melco Resorts & Entertainment, according to SM Investments Corp. President and CEO Frederic C. DyBuncio.
Chairman Eusebio Tanco has tightened his grip on DigiPlus Interactive Corp., increasing his stake by 63,119,000 shares, equivalent to 1.4 percent of the company’s total issued and outstanding shares.
DigiPlus Interactive Corp. has moved closer to sealing its P12 billion investment in Hong Kong-listed International Entertainment Corp. after IEC shareholders approved the subscription agreement and related whitewash waiver in a special meeting on February 26.
When President Ferdinand Marcos Jr. accepted a gleaming stack of gloves, belts, and battle-worn treasures from Manny Pacquiao on Tuesday, February 24, Malacañang didn’t just receive memorabilia. It absorbed a left hook of history.