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Resort seeks cash
Last Updated(Beijing Time):2007-01-22 14:22

Macau Success Ltd's Ponte 16 integrated resort plans to raise HK$1.6 billion (US$205 million) to fund the project, the Standard newspaper reported, citing a company official.

The interest rate for the loan has not been decided, financial controller Simon Luk was quoted as saying. The resort is a joint venture between Macau Success and Sociedade de Jogos de Macau SA, according to the report. It will be completed in June.

Source:Shanghai Daily 
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