Udenna secures $42.5M funding for Mactan project
PH RESORTS Group Holdings, the Udenna Group’s gaming arm, has obtained an advance funding of US$42.5 million from Emerald Development Holdings Ltd., an offshore entity wholly owned by its parent firm, Udenna Corp. In a stock exchange disclosure Friday, Oct. 18, 2019, the firm said the proceeds will be used to fund the ongoing construction of The Emerald Bay Resort and Casino in Mactan, Ce...
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