Tinian Realty International, a subsidiary of Chinese Strategic Holdings, is in talks with a Macau casino operator over a hotel-casino project on the island of Tinian in the Commonwealth of Northern Mariana Islands.
“The parties have been in active negotiations on the key structural framework of the possible engagement,” Chinese Strategic Holdings said in a Hong Kong regulatory filing.
The tie-up would involve assistance in the possible application for a gaming licence and for the new hotel complex; consultancy services relating to negotiations between the government and regulatory agencies in the CNMI; and providing advice and enabling TRI to fulfil and satisfy compliance and/or regulatory duties and responsibilities.
