Summit Ascent Holdings Limited (“Summit Ascent” or “the Group") is a limited liability company incorporated in Bermuda and its shares are listed on the Main Board of The Stock Exchange of Hong Kong Limited (HKEx stock code: 102). The principal activities of the Company are investment holdings and the development and operation of integrated resorts in the Russian Far East and the Philippines.
Summit Ascent is a subsidiary of LET Group Holdings Limited (“LET Group”, HKEx stock code: 1383), which owns 69.66% of Summit Ascent. Summit Ascent holds 77.5% in Tigre de Cristal, currently one of the largest integrated resorts located in the Primorye Integrated Entertainment Zone of the Russian Far East. Situated midway from the Vladivostok International Airport to Vladivostok city, the administrative centre of the Russian Far East, Tigre de Cristal is ideally located geographically in the heart of Northeast Asia.
Summit Ascent holds a gaming license granted by the Russian government for an indefinite period, and Tigre de Cristal has opened for business since late 2015, offering a broad range of gaming options on a 24/7 basis. Tigre de Cristal has been certified as a five-star hotel with retail offerings, food and beverage outlets, private club, and named “Russia’s Leading Resort” by World Travel Awards.