Asia
MRP withdraws proposal to delist

The Philippines-based casino company Melco Resorts and Entertainment Corp (MRP) has officially pulls out from the plans to delist from the Philippine Stock Exchange (PSE), according to a filing from the company last Friday.
In September, MRP declared its decision to delist from the PSE, citing the lack of fund-raising capacity of the stock exchange.
The company’s plan was to acquire all of MRP’s public shares through a tender offer was MCO Philippines, the majority shareholder of MRP and a subsidiary of Melco Resorts.
In spite of MRP opting out of delisting, MCO Philippines plans to continue to proceed with the voluntary tender offer for 1.6 billion MRP common shares, which it says will be conducted for the purpose of increasing its shareholding interest in the company.
Source: AGBrief
-
Latest News6 days ago
PG Soft releases fantasy-inspired Jack the Giant Hunter slot
-
Africa6 days ago
Jelly Entertainment Enters into Partnership with betPawa
-
Latest News6 days ago
Kambi and JOI gaming (JVH gaming & entertainment group) announce multi-year online sportsbook partnership extension
-
Asia6 days ago
Nazara Publishing Launches Pokerverse VR
-
Latest News6 days ago
MGA Publishes its 2024 Annual Report and Financial Statements
-
Asia5 days ago
Bloomberry Resorts Corporation Appoints Gregory Francis Hawkins as Director, President and COO
-
Interviews6 days ago
HIPTHER Community Voices: Interview with Dr. Maria Loumpourdi, founder and Managing Director of Made From Within
-
Affiliate Industry6 days ago
Meet MegaList: The Rising Force in iGaming Affiliation