Resorts World Manila operator to delist from Philippine exchange

Move to take Travellers private comes amid weak share price performance

20190814 PSE

Travellers, a joint venture of Malaysia's Genting Group and local billionaire Andrew Tan, said it is going private to "address evolving market demands."

CLIFF VENZON, Nikkei staff writer

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.

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