Dennis Uy Firm Raising Up to $420M to Fund Mactan Casino Resort Project

Source: Philippine Star

Dennis Uy’s PH Resorts Group Holdings Inc. (PSE: PHR) will raise funds for its sprawling integrated casino resort in Mactan, Cebu, its first casino venture which is estimated to cost $600 million.

The company will secure funding through a combination of debt and equity within two to three months, PH Resorts Group president Raymundo Martin Escalona said on the sidelines of the company’s annual stockholders meeting.

To read more, click here.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.