EKRAN Bhd (3085), a company headed by Sarawak businessman Tan Sri Ting Pek Khiing, is reviving an abandoned casino resort in Samal island in Davao del Norte in southern Philippines.
The company hopes to re-open the 1.5 billion peso (100 pesos = RM7.59) tourism complex in Samal's Kaputian District, which was closed in 2000 due to the Asian financial crisis.
Officials from Ekran and the Philippines government discussed the project's revival on the sidelines of the recent BIMP-EAGA Senior Officials and Ministers meeting in Bandar Seri Begawan, Brunei.
Tuesday, August 18, 2009
Ekran to revive Davao resort project (ext: BT)
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