MANILA -- The company behind Resorts World Manila on Wednesday said it plans to delist from the Philippine Stock Exchange in October after reporting a sharp slump in first half earnings and with its shares performing weakly.
Travellers International Hotel Group, a joint venture of Malaysia's Genting Group and local billionaire Andrew Tan, said taking the company private will allow it "address evolving market demands and rapidly changing customer needs without compromising its business strategies to competition."
