Suncity Group Holdings Limited (“Suncity” or “the Group”) is a holding company that manages integrated resorts across Asia including Russia, the Philippines, Vietnam and Japan. The Group also operates in the travel segment and the property segment.
Suncity holds approximately 69.66% of Summit Ascent Holdings Limited (“Summit Ascent” HKEx stock code: 102), the operator of one of the largest integrated resorts in Russia, known as Tigre de Cristal in Vladivostok. Summit Ascent holds approximately 77.5% in Tigre de Cristal. Situated midway from the Vladivostok International Airport to Vladivostok city, Tigre de Cristal is ideally located geographically in the heart of Northeast Asia.
Suncity is also the controlling shareholder of Suntrust Home Developers, Inc. (PSE: SUN), which develops Westside City Project in the heart of Entertainment City in Manila, the Philippines. In terms of its design, scale and connectivity, Westside City Project will be one of the best integrated resorts in the Philippines.
Hoiana is an integrated resort that Suncity jointly develops with our investment partners. Located in Central Vietnam, Hoiana Phase 1 is an integrated resort with over 1,000 rooms, an award-winning golf course and pristine beaches. The Group also plans to develop skiing and diving resorts in Niseko and Miyako Islands in Japan. In addition, the Group operates a travel agency, and operates in the property management segment.