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Suntrust reports Php27.4bn loss after Westside City asset transfer

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Suntrust reported a Php27.4 billion loss for the three months to 30 September 2025, largely tied to transferring project rights and assets to entities of Travellers International Hotel Group. Suntrust said the parties agreed on 30 August 2025 to assign its Westside City project rights and obligations to ECRC; Travellers is to provide backing and operate the resort when it opens, with completion scheduled for late 2026.

The transfer changes Travellers’ role in completing and operating the Westside City resort and leaves Suntrust with a reduced interest.

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JCM raises fiscal 2027 operating profit forecast to JPY4.90bn

Japan Cash Machine (JCM) reported operating profit of nearly JPY2.75 billion for the six months to 30 September, a 234.9% year-on-year rise. The company raised its operating profit forecast for the fiscal year ending 31 March 2027 to JPY4.90 billion, citing stronger-than-expected profitability and continued demand in the global gaming market.

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