Century Properties Joins $2B Universal Manila Bay Project

Law360, New York (November 01, 2013, 3:57 PM ET) -- Century Properties Group Inc. has teamed with Kazuo Okada's Universal Entertainment Corp. affiliate in the Philippines for the partial ownership of a $2 billion casino and resort project in Manila, with Century and a partner taking 720 million shares of the affiliate entity.

The deal gives Century and First Paramount Holdings 888 Inc. a significant stake in Eagle I Landholdings Inc. and its massive project, which is expected to open in 2015 with three hotels and 322,000 square feet of gaming space with 3,000 slot machines...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required