Tag Archives: Sinophil Corporation
- Sinophil completes acquisition of gaming assets; Belle in talks to buy more land for City of Dreams Manila
July 25, 2014
Sinophil’s transformation from a dormant company, with undeveloped properties, into the holding company for the SM Group’s gaming assets is completed. In a regulatory filing, Sinophil indicated it had purchased 50,000 PLAI common shares worth P10.84 billion ($249 million) and a 34.5 percent stake in lotto equipment provider Online Systems...
- Belle Corp. to lower stake in Sinophil
July 22, 2014
Belle Corp. plans to reduce its ownership stake in Sinophil—the dormant firm that now holds the company’s gaming investments—to boost the company's liquidity in time for the opening of City of Dreams Manila later this year. Belle shareholders agreed to take this step in order to address the importance of...
- Belle Corp. Consolidates Shares under Sinophil
June 4, 2014
Henry Sy-owned property and development firm Belle Corporation announced that it was spinning off a handful of its gaming assets into subsidiary Sinophil Corporation as part of an in-house reorganization. The once dormant holding firm will receive 100 percent of Belle Corp's stakes in Premium Leisure Amusements Inc., which was...
Okada Manila eyes Philippine backdoor listing
May 2, 2017