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Melco Crown honored and on target with Philippine casino

21 June 2013

MANILA, Philippines -- (PRESS RELEASE) -- Integrated resort developer Melco Crown (Philippines) Resorts Corporation), a subsidiary of Melco Crown Entertainment Limited which is a developer and owner of casino gaming and entertainment resort facilities in Asia, was honored as one of the Best Managed Companies, the Best Corporate Governance and the Best Corporate Social Responsibility within the Philippines in FinanceAsia's 13th annual poll of Asia's top companies this year. It is also the first casino resort operator in Manila named to the Best Managed Companies in the region. The prestigious honor marks a significant achievement in MCP's entry into the Philippine market.

Every year, the authoritative financial magazine, FinanceAsia, organizes the Asia's Best Companies poll, through which the regional investors and analysts share their views on various attributes of the companies across the region and vote for the best companies in different categories.

Mr. Clarence Chung, Chairman of MCP, attended the awards presentation dinner held in Manila yesterday and received the awards, said, "We are proud to have earned this highly prestigious and authoritative award and to be recognized by regional investors and analysts among many outstanding companies within our first year of expanding our business to the Philippines. As a subsidiary of Melco Crown Entertainment Limited, MCP will take full advantage of the parent company's proven ability to create and deliver spectacular entertainment to global visitors, and bring truly exciting and multi-dimensional entertainment experiences to Manila to bolster its attraction as a world-class leisure and tourism destination."

MCP is currently developing an integrated resort located at Entertainment City in the vicinity of Manila Bay. Upon its completion in mid-2014, the resort is expected to be a world-class facility comprising mass market and VIP gaming facilities, unique food and beverage offerings, numerous innovative entertainment attractions together with high-end boutique and VIP and five-star luxury hotel rooms, suites and villas.

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