Possible impact on the development of Suncity's Resort from the debts being called in relating to the arrest of Alvin Chau.
It is unclear how such action will impact Suncity’s ongoing operations and development of integrated resorts. This three-way joint venture, which opened Hoiana in Vietnam last year, holds a majority share in Tigre de Cristal from Vladivostok Russia and is building a $1-billion integrated resort at Westside City Resorts World in Manila’s Entertainment City precinct.Source: https://www.gamblingnews.com/news/suncity-may-see-ownership-change-as-creditors-come-calling/Suncity Group of Hong Kong, listed on the Hong Kong Stock Exchange, has indicated a possible change in control could be coming. The group holds interests and assets in integrated resort developments throughout Macau, Vietnam, Russia and the Philippines. However, the arrest of its former CEO, Alvin Chau, has virtually flipped the company upside down.