Imperial Pacific International Holdings Limited
1076.HK
Hong Kong Stock Exchange0.06
HKD
+0.00
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Imperial Pacific International Holdings Limited
1076.HK
(Hong Kong Stock Exchange)
Recent
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0.06
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yld
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ROIC.AI
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- Business
- Imperial Pacific International Holdings Limited Imperial Pacific International Holdings Limited is an investment holding company principally engaged in the gaming and resort business, including the development and operation of integrated resorts featuring casinos, luxury hotels, restaurants, retail space, and leisure facilities on the Island of Saipan in the Commonwealth of the Northern Mariana Islands. The company offers VIP gaming operations, mass gaming operations, slot machines and electronic table games, food and beverage services, marketing and promotion, management, and consultancy services; it also holds leasehold land, aircraft, and yachts. Incorporated in 2001 and headquartered in Wan Chai, Hong Kong, with its principal place of business at Two International Finance Centre in Central, Hong Kong, the company formerly known as First Natural Foods Holdings Limited changed its name in May 2014 and operates primarily through subsidiaries such as Best Sunshine International, with Inventive Star Limited as its parent. Geographically, it focuses on Saipan, with historical activities extending to areas served including China (Hong Kong, Macau) and the United States (Northern Mariana Islands, Guam). Recent major changes include the delisting of its shares from the Hong Kong Stock Exchange effective June 17, 2024, following trading suspension in April 2022 and a winding-up order from the Hong Kong High Court in April 2024; its Saipan subsidiary Imperial Pacific International (CNMI) LLC filed for Chapter 11 bankruptcy in April 2024 amid $165.8 million in debts, with the casino license suspended since 2021 and facing revocation; and in August 2024, Team King Investments completed a $12.95 million purchase of IPI assets.