About Us

Corporate Profile

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.

Integrated Resorts

Mission, Vision, Values

Entertain Asia with world-class integrated resorts
To be Asia’s leading integrated resort operator and developer
Innovative Dreams Bring a World of Endless Possibilities
Innovation with Diversity, Strive for Success

Corporate Milestones

  • The parent company of the Group has been renamed to LET Group Holdings Limited (“LET Group”, HKEx: 1383)
  • LET Group Holdings Limited (HKEx : 1383) increased holdings of Summit Ascent (HKEx : 102) to 69.66%
  • Summit Ascent increased holdings of the Russian casino Tigre de Cristal to 77.5% from previously 60%
  • Started construction of Westside City Project in the Philippines
  • LET Group Holdings Limited (HKEx: 1383) became the single largest shareholder of Summit Ascent Holdings Limited (HKEx: 102)
  • Acquired 51% equity interest of Suntrust Resort Holdings, Inc. (PSE:SUN), LET Group entered the Philippines gaming market to co-develop Westside City
  • Tigre de Cristal opened for business. It is the first integrated resort built near Vladivostok in the Primorye Integrated Entertainment Zone (“IEZ”)
  • Summit Ascent Holdings Limited (HKEx: 102) commenced development of the Tigre de Cristal integrated resort in Vladivostok, in the Russian Far East, in cooperation with Melco International Development Limited
  • Summit Ascent Holdings Limited (Formerly known as Arnhold Holdings Limited) (the “Company”) was founded in 1993 and its shares were listed on the Main Board of The Stock Exchange of Hong Kong Limited since 10 January 1994 (HKEx: 102)