Frontier Capital Group Limited (ASX:FCG)
Frontier Capital Group Limited has acquired Stotsenberg Leisure & Hotel Corporation located at Clark Freeport Zone, Philippines.
Leisure & Hotel Corporation
Stotsenberg Leisure & Hotel Corporation, consisting of Hotel Stotsenberg and Casablanca Casino, is located at Clark, a sprawling, cosmopolitan metropolis that offers many places of interests and a host of events and activities accessible to a wide spectrum of tourists and visitors.
With a highly improved road network and increasing flights at Clark International Airport (CIA), Clark is setting out to become the hub for business, aviation and tourism in the Philippines. The Stotsenberg Hotel and Casablanca Casino are located less than 2 kilometers from the CIA. Several airlines offer domestic and international flights to CIA, with 4 million passengers arriving each year.
Clark Freeport Zone, in the Philippines, is a redevelopment of the former Clark Air Base, a former United States Air Force base. It is located on the northwest side of Angeles City and borders the municipality of Mabalacat in the province of Pampanga.