PH Resorts says Tiger Resort investment in Emerald Bay project is abandoned
PH Resorts said plans for Tiger Resort, Leisure and Entertainment Inc to invest in its Emerald Bay casino project have been abandoned, according to a Manila stock exchange filing. President Raymundo Martin Escalona said the company would pursue other interested parties and was working on another transaction to complete the project.
The withdrawal leaves PH Resorts seeking another investor or transaction to advance the Emerald Bay casino project.