International Entertainment Corporation, a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, announced a new construction project on May 30, 2025. The company, through its indirect wholly-owned subsidiary NCLI, has entered into a Phase 2 Construction Contract with Kimberland Construction Inc., a Philippine-based corporation. The contract involves further development of a hotel and casino complex, with previous engagements including significant renovation and construction works to improve the facility. The transaction is classified as discloseable under Chapter 14 of the Listing Rules, requiring reporting and announcement, yet exempt from shareholder approval. This project marks a continued commitment to enhancing their entertainment facilities, contributing to the company's growth and development within the region.
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