Casino giant Melco plans to list on PSE through IPO

Posted at Nov 08 2012 05:54 PM | Updated as of Nov 09 2012 01:54 AM

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MANILA, Philippines - Macau casino giant Melco Crown Entertainment plans to list on the Philippine Stock Exchange to raise part of the capital for the $1-billion casino complex it is building together with the SM Group in PAGCOR city.

SM Investments Chief Finance Officer Jose Sio said the initial public offering would be launched before or after the soft opening of the integrated gaming and resort complex next year, ANC Top Story, November 8, 2012.