Universal Entertainment Corporation (JASDAQ:6425) is taking its Philippines casino operator public through a subsidiary's purchase of a majority stake in Asiabest Group International, Inc. (PSE:ABG). Asiabest said on August 9, 2018, that its shareholders signed a deal for Tiger Resort Asia Ltd to acquire two-thirds of Asiabest for MXN 46.5 million. The special block sale, which will take effect on November 12, 2018, would allow the casino operator to join the Philippines' stock exchange.