Search Results for: sun city group
Suncity executive Cheung Yat Ping denies involvement in online gambling as text records highlight discussions around Philippines proxy betting
September 22, 2022
A senior executive of Macau junket operator Suncity Group told prosecutors on Wednesday that he and the company were not involved ...
Alvin Chau says “betting under the table” rife in Macau but denies Suncity involvement
September 21, 2022
The trial of Alvin Chau continued on Tuesday afternoon, with the former Suncity Group CEO claiming that, “to my knowledge, all t...
LET Group pledges control of Summit Ascent to lenders after securing US$51 million loan
September 20, 2022
LET Group Holdings Limited, previously known as Suncity Group, announced Monday that it has entered into a loan facility with four...
Alvin Chau pleads not guilty, denies charges as Suncity trial gets underway
September 20, 2022
The trial of former Suncity Group CEO Alvin Chau began on Monday, with 10 defendants in attendance. Chau, listed as the first defe...
LET Group resumes trading after Andrew Lo increases mandatory cash offer for outstanding shares
September 16, 2022
LET Group Holdings, the Asian integrated resort investor formerly known as Suncity Group, has resumed trading on the Hong Kong Sto...
Suncity’s Alvin Chau trial postponed to September 19 on absent defendants
September 5, 2022
In absence of 11 defendants out of 21 accused in one of the major illegal gambling scandals which rocked Macau, legal proceedings ...
Alvin Chau, Suncity trial scheduled to start today
September 2, 2022
The trial of Alvin Chau Cheok Wa (pictured in a file photo), and other defendants linked to the now-defunct Macau casino junket Su...
Suncity Junket Agents Plead Guilty to Gambling Crimes on Chinese Mainland
August 16, 2022
Some 35 individuals linked to Macau’s Suncity junket have pleaded guilty to gambling crimes at a court in Wenzhou, eastern China...
Suntrust issues US$120mln in bonds to Summit Ascent
June 15, 2022
Manila-listed Suntrust Resort Holdings Inc has issued convertible bonds in the principal amount of PHP6.4 billion (US$120.1 milli...
Suncity listco to sell some units, US$16mln gain expected
May 12, 2022
Casino investor Suncity Group Holdings Ltd says it has an agreement to sell two groups of wholly-owned subsidiaries, for an aggre...