Hong Kong-listed casino project investor LET Group Holdings Ltd said it was "actively looking for opportunities" to "sell its non-real estate development core business" in Niseko, Hokkaido Prefecture, Japan, to boost the group's cash flow.

The group announced plans to divest the 220,194 sq m (2.37 million sq ft) property for US$27.6 million in several 2023 filings. The transaction ended when LET Group said in a Nov. 1 filing that the prospective acquirer had not paid a US$22.6 million balance on the price.

LET Group controls Hong Kong-listed Summit Ascent Holdings Ltd, which operates a Tigre de Crystal casino resort in coastal states near the Russian Pacific port of Vladivostok.

The controlling shareholder of LET Group said in a filing on Tuesday that it aims to resume attempts to sell the group's casino operations at Tigred Crystal Resort at a sale price of "over $92.8 million."

LET Group and Summit Ascension were left out of compliance with Hong Kong Stock Exchange rules in January after a deal to dispose of Tigred Crystal's gaming licence-holding corporation saw its directors break away. 실시간 바카라사이트

In February, each share of LET Group and Summit Ascension was suspended from trading. Separately, Hong Kong's stock market regulator, the Securities and Futures Commission (SFC), said it was investigating the two companies over possible breaches of regulations on Tigred Crystal's proposed transactions.