Imperial Pacific, the contentious company that hopes to one day, maybe, possibly, complete the Imperial Palace integrated resort (IR) in Saipan, wants $38.3 million. In a filing with the Hong Kong Stock Exchange this past Monday, the company has announced that it will launch a bond placement to raise the funds, with the money, minus commissions and other expenses, being used for general corporate purposes.
The bond placement will be managed by Run Investment Services, Ltd., who has sole discretion over the project. The company expects the bond to be placed to not less than six independent third parties.
The bond would probably not have been necessary of the company held its patrons accountable for their gambling habits or if Imperial Pacif…
Read the full article at: https://calvinayre.com/2018/11/07/casino/imperial-pacific-wants-38-million-bond-placement/