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Suncity finalized the acquisition of 34% stake in Vietnam IR

George Miller
August 31, 2018
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Suncity Group Holdings Ltd has announced the acquisition of its 34% stake in Central Vietnam integrated resort project Hoiana.

Aftermultiple delays while the firm finalized its financing, Suncity finally announced in a filing to the Hong Kong Stock Exchange this week that the deal was completed on 28 August – almost 10 months since shareholders first green-lighted the deal in November 2017.

Hoiana is expected to host entertainment and retail facilities, a casino with 140 tables and 1,000 slot machines, a golf course clubhouse, a mass market hotel with 313 hotel rooms, an all-suite hotel with 136 suites, 30 villa units for sale and timeshare rental, a hotel villa resort with 70 units, and a condo-hotel with 236 rooms for sale and timeshare rental and will open in mid-2019.

Source: Focus Gaming News

Source: Latest News on European Gaming Media Network

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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Our impact extends far beyond the digital page. EEGaming.org is a proud host of virtual meetups and industry-leading conferences that spark dialogue, foster collaboration, and drive innovation. Through detailed reports and live events, we create a space where operators, suppliers, regulators, and professional services come together to shape the future of gaming.

Get In Touch

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Business & Advertising: [email protected]

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