ChinaBank says it has offers for stalled Emerald Bay site in Cebu
ChinaBank chairman Hans Sy said the bank has received several offers for the stalled Emerald Bay integrated resort site in Cebu but will wait for a price it considers acceptable. ChinaBank took control of the property in 2023 through a refinancing deal and said in May 2025 it would seek a buyer after ending the planned sellback.
A sale could determine the future ownership of the site planned for a large gaming resort in Cebu.