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Tag Archives: Vladivostok

Russia – Ho increases stake in Vladivostok project

Macau casino developer Lawrence Ho is planning to raise Melco International’s stake in the casino resort development near Russia’s Vladivostok to 85 per cent. Oleg Drozdov who owns a 30 per cent share in the project will sell half his stake for $20.2mto Summit Ascent Holding and Firich Enterprises which will see Summit Ascent, of…