THE Philippines’ most valuable company, SM Investments Corp., is planning to invest at least $300 million in an integrated casino and resort north of Manila, two sources with knowledge of the matter said on Wednesday.
Premium Leisure, a unit of SM’s Belle Corp. unit, has applied for a license to build and operate a casino and resort in Clark, a former US military air base turned into a leisure and business hub, in Pampanga province, the sources said.
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