Star Cruises (678) pours US$335m into Philippine casino biz
	2008/08/11 15:01

  <ET Net News Agency, 11 August 2008>  Star Cruises Limited (00678) said it proposed to 
  acquire 50% share interest in Travellers International Hotel Group at US$335 million to 
  pursue strategic and collaborative arrangements in relation to the development and 
  operation of hotel and casino complexes in the Philippines.
    Travellers engages in the business of hotels, inns, apartments, leisure parks, 
  entertainment centers and other tourist-oriented or leisure-oriented establishments and/or 
  places and such other allied businesses necessary or connected therewith as well as 
  operating, managing or maintaining any and all services and facilities incident or 
  necessary thereto and all other businesses appurtenant, allied or complimentary thereto, 
  either alone or in conjunction with others, with power to own, lease, operate, conduct, 
  manage or maintain casino.  (PL)
  

  

  

  

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