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Landing International Meets with Philippines's President Rodrigo Duterte and his cabinet to Discuss Building an International Branded Theme Park Integrated Resort in the Philippines

Landing International Development Limited
2017-09-05 19:54 5557

HONG KONG, Sept. 5, 2017 /PRNewswire/ -- Dr. Yang Zhihui, Chairman and Executive Director of Landing International Development Limited (the "Company", HKEx Code: 00582) and the Company's senior management met with President Rodrigo Duterte, President of the Philippines, and his cabinet team at Malacaňang Palace, Manila, Philippines on 4 September 2017, to present the Company's proposal to build a world-class international branded theme park integrated resort in the Philippines. President Duterte welcomes the Company's proposed investment into the Philippines and express his keen interest and overwhelming support to the Company's proposal.

Dr. Yang stated: "Following our first meeting with the President in May 2017 in Hong Kong to discuss investment opportunities in the Philippines, we are honored to share with President Duterte and his cabinet team our vision for tourism in the country and our proposal to build an iconic international branded theme park integrated resort in the Philippines that all Filipinos will be proud of. This resort will comprise Asia's first movie-themed indoor theme park, waterpark as well as many other leisure and entertainment facilities suited for all ages and families. When opened, the branded theme park integrated resort will enhance Philippines' tourism appeal, complement the existing tourists' attractions and resorts as well as create significant employment opportunities for the locals as well as returning Filipinos who are currently working overseas."

Landing International is engaged in the development and operation of integrated leisure and entertainment resorts in the region and is currently developing and operating the first and largest iconic premium integrated leisure and entertainment destination resort, Jeju Shinhwa World, in Jeju, Korea.

Dr. Yang Zhihui, Chairman and Executive Director of the Company, with President Rodrigo Duterte
Dr. Yang Zhihui, Chairman and Executive Director of the Company, with President Rodrigo Duterte

About Landing International

Landing International is a limited company incorporated in the Cayman Islands and continued in Bermuda. It is listed on the Main Board of the Hong Kong Stock Exchange and is also a constituent stock of the Hang Seng Family of Indexes. The Company and subsidiaries are principally engaged in the development and operation of integrated leisure and entertainment resort, gaming club, entertainment facilities and property development under its own "Landing" and "Les Ambassadeurs or Les A" brand names.

Landing International, through its subsidiary Landing Jeju Development Co., Ltd, is currently developing "Jeju Shinhwa World", a 2.5 million-square metre integrated leisure and entertainment destination resort in Jeju, which when it opens in 2017, will be Jeju's first premium integrated destination resort. It will offer its visitors many world-class hospitality, leisure, entertainment and gaming facilities including a family theme park offering exciting thrill and adventure rides and attractions, an adventure water park, more than 2,000 premium hotel rooms, luxury resort apartments and villas, cultural facilities, leisure and entertainment amenities, as well as Jeju's largest themed retail and food and beverage complex.

Landing International also owns Les Ambassadeurs Club, a leading premium gaming club in London, the United Kingdom with 45 gaming tables offering a variety of casino games including American roulette, baccarat, blackjack and three card poker. It also has several featured private VIP rooms and the largest outdoor gambling zone in London.

For more information, visit www.landing.com.hk.

Photo - https://photos.prnasia.com/prnh/20170905/1933698-1

Source: Landing International Development Limited
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