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                    [ArticleID] => 312414
                    [Title] => Fil-Estate in talks with potential foreign partners for casino project
                    [Summary] => Publicly-listed holding company Fil-Estate Corp. (FEC) is in talks with two groups of foreign investors based in Hong Kong and the US for a proposed joint venture that will allow them to enter the casino gaming industry.


FEC chairman Robert John Sobrepeña said the move is in line with efforts to diversify the company’s revenue streams and capitalize on the booming casino gaming sector.


He said the prospective foreign investors have proposed a 50-50 sharing and that a new company may be formed to serve as the corporate vehicle for the venture.


                    [DatePublished] => 2005-12-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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NORTH TRIANGLE AND TAFT AVENUE

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                    [ArticleID] => 312414
                    [Title] => Fil-Estate in talks with potential foreign partners for casino project
                    [Summary] => Publicly-listed holding company Fil-Estate Corp. (FEC) is in talks with two groups of foreign investors based in Hong Kong and the US for a proposed joint venture that will allow them to enter the casino gaming industry.


FEC chairman Robert John Sobrepeña said the move is in line with efforts to diversify the company’s revenue streams and capitalize on the booming casino gaming sector.


He said the prospective foreign investors have proposed a 50-50 sharing and that a new company may be formed to serve as the corporate vehicle for the venture.


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abtest

Fil-Estate in talks with potential foreign partners for casino project

By Zinnia B. Dela Peña | December 16, 2005 - 12:00am

Publicly-listed holding company Fil-Estate Corp. (FEC) is in talks with two groups of foreign investors based in Hong Kong and the US for a proposed joint venture that will allow them to enter the casino gaming industry. FEC...

Business