Universal Entertainment Corporation (JASDAQ:6425) is taking its Philippines casino operator public through a subsidiary's purchase of a majority stake in Asiabest Group International, Inc. (PSE:ABG). Asiabest said on August 9, 2018, that its shareholders signed a deal for Tiger Resort Asia Ltd to acquire two-thirds of Asiabest for MXN 46.5 million. The special block sale, which will take effect on November 12, 2018, would allow the casino operator to join the Philippines' stock exchange.
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5-day change | 1st Jan Change | ||
4 PHP | -.--% | -.--% | +32.89% |
1st Jan change | Capi. | |
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+32.89% | 20.78M | |
-6.75% | 112B | |
-6.93% | 84.71B | |
+7.17% | 62.03B | |
+16.30% | 61.32B | |
+8.74% | 42.22B | |
+9.65% | 41.18B | |
+17.39% | 34.26B | |
+3.22% | 24.63B | |
-5.50% | 22.04B |
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