Genting Hong Kong Limited announced audited consolidated earnings results for the year ended December 31, 2012. For the year, the company reported profit before taxation including discontinued operations for 2012 was USD 199.3 million compared to USD 188.0 million for 2011. Net cash inflow from operating activities was USD 64.973 million against USD 86.232 million a year ago. Purchase of property, plant and equipment was USD 86.573 million against USD 36.109 million a year ago.

Alliance Global Group Inc. (PSE:AGI) and Genting Hong Kong Limited (SEHK:678) have retained Bank of America Merrill Lynch, CIMB, Maybank, Religare Capital Markets and UBS for Travellers International Hotel Group, Inc.’s (Resorts World Manila) $500 million initial public offering (IPO) in Manila, IFR reported, citing sources close to the matter. The IPO is planned to be launched in early third quarter, the report added. On April 23, 2013, Alliance said that Travellers International is exploring different ways to finance its projects, including debt and equity, without disclosing details of its plans.

Alliance Global Group Inc. (PSE:AGI) and Genting Hong Kong Limited (SEHK:678) plans to list Travellers International Hotel Group, Inc. (Resorts World Manila) in the third quarter, two people with knowledge of the matter said. They expect to raise about $500 million through the initial public offer (IPO).