Tiger Resort Asia Ltd issues public advisory warning against dealings with Kazuo Okada-led board

June 14, 2022 Philippines Events & Announcements Industry Updates

Tiger Resort Asia Ltd (TRAL), the Hong Kong-listed entity that owns 99.99% of the shares in Okada Manila Tiger Resort Leisure and Entertainment Inc (TRLEI), has issued a public advisory warning the public from transacting with the Kazuo Okada-led board headed by Kazuo Okada, Tonyboy Cojuangco and Dindo Espeleta.

The advisory states that “Any transaction supposedly made on behalf of TRLEI by Kazuo Okada, Cojuangco, and Espeleta or their agents and representatives will not be honored or recognized by TRAL. TRAL has not authorized Mr Kazuo Okada to represent it in TRLEI and has not awarded him any shares in TRLEI.

“The public is advised to only conduct business with the TRAL-recognized board of TRLEI led by Hajime Tokuda and Byron Yip.”