Philippines' PH Resorts Group gets regulatory nod for $350 million share offering
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MANILA (Reuters) - The Philippine corporate regulator approved PH Resorts Group Holdings Inc's share offering to raise up to 18.5 billion pesos (268 million pounds) to fund the integrated casino builder's projects outside the capital, Manila.The Philippines is one of Asia's fastest-growing gambling markets, benefiting from the influx of foreign high rollers and restrictive gaming policies in neighbouring countries.The Securities and Exchange Commission said in a notice issued on Thursday it..