Tycoon Kevin Tan’s Travellers International is reclaiming control of the $1 billion Westside City integrated resort in Parañaque as partner LET Group Holdings Ltd. of Hong Kong faces mounting financial strain.
Casino group Suntrust Resort Holdings, formerly Suntrust Home Developers, has approved the nomination of longtime independent director Eugenio B. Reducindo, who manages McDonald’s stores in the Philippines and overseas, to remain on the board.