According to the information provided in a document the company filed with the Singapore Stock Exchange, the proceeds of the bonds will be used by its Japan branch, established on September 20, "as necessary from time to time for working capital and general corporate purposes in Japan.”
"An announcement of the definitive terms of the bonds will be made by the company following
The Kanto Region is located in the eastern part of Honshu, the main island of Japan. It comprises the Tokyo metropolis and six prefectures, namely, Ibaraki, Tochigi, Gunma, Saitama, Chiba, and Kanagawa. It is home to a third of Japan’s population, according to official information.
The company had previously shown interest in bidding for a gaming license in Japan, claiming it had continuously tracked the progress of the IR execution bill and that it had sufficient financial resources to place it in a good position to bid for the opportunity, according to our reports.
