Tag: Subic Bay Marine Exploratorium Inc. (SBMEI)
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SBMEI Urges DILG and BI Intervention After Armed Police and Convicted Foreign National Attempt Resort Takeover
SUBIC BAY FREEPORT– Subic Bay Marine Exploratorium, Inc. (SBMEI) today called on the National Police Commission (NAPOLCOM) and the Bureau of Immigration (BI) to investigate the attempted takeover of Ocean Adventure and Camayan Beach Resort on April 8, 2026 by convicted American felon Timothy J. Desmond, after a public statement by the PNP Integrity Monitoring…
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SBMEI to Auction P32.5-Million Worth of Delinquent Shares of JV China
SUBIC BAY FREEPORT — The Subic Bay Marine Exploratorium, Inc. (SBMEI), operator of the largest tourism complex within the Subic Bay Freeport, announced that it will conduct a public auction of P32.5 million worth of delinquent shares of stock owned by JV China, Inc., an investment firm based in St. Petersburg, Florida. SBMEI President and…
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SBMEI CLOSES PHP 239M SETTLEMENT WITH HS EQUITIES, SETS NEW DIRECTION FOR SUBIC’S BIGGEST TOURISM COMPANY
Board votes unanimously to convert two-decade-old investment dispute into equity; delinquency auction of JV China shares set for March 25 SUBIC BAY FREEPORT ZONE — Subic Bay Marine Exploratorium, Inc. (SBMEI), the Subic Bay-based marine tourism company that operates Ocean Adventure, Camayan Beach Resort, Adventure Beach Waterpark, and Adventure Cove, announced Wednesday the signing of…
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Subic theme park investors hit ‘illegal’ board elections as takeover attempt
SUBIC BAY FREEPORT — Majority stockholders of the Subic Bay Marine Exploratorium, Inc. (SBMEI), which owns and operates the popular Ocean Adventure marine theme park here, have decried a recent stockholders’ meeting that elected unqualified persons to the firm’s board of directors, saying it was an attempt to take over the multi-billion tourism company. Virginia…
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