Summit Ascent Holdings Limited (0102.HK) HKSE

Currency In HKD

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Summit Ascent Holdings Limited

Address

West Tower

Central,

Hong Kong

Phone

852 3729 2135

Sector

Consumer Cyclical

Industry

Gambling, Resorts & Casinos

Employees

950

First IPO Date

January 10, 1994

Key Executives

NameTitlePayYear Born
Kai Bong LoExecutive Chairman of Board2.2M1980
Chi YipFinance Director01970
Stylianos TsifetakisChief Operating Officer of Russian Operations01971
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Description

Summit Ascent Holdings Limited operates as an investment holding company, with its core business centered on managing hotel and casino operations within Russia's Primorye Region, specifically its Integrated Entertainment Zone. The company's flagship asset is the Tigre de Cristal resort, a substantial property covering approximately 36,000 square meters dedicated to gaming and hospitality. This upscale complex includes a five-star hotel offering 121 rooms and suites, two fine dining establishments, three casual bars, karaoke facilities, and a virtual golf zone. Additionally, the resort features a Tigre de Cristal branded shop, a Montblanc retail outlet, a DOMINO boutique specializing in diamonds and luxury watches, and a VIP salon. The company also provides administrative support and transportation services. Founded in 1993, it was initially known as Arnhold Holdings Limited before adopting its current name in May 2011. Summit Ascent Holdings Limited maintains its headquarters in Central, Hong Kong.

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