Subic marine tourism firm ends investor row after settlement

2026-03-20 - 03:20

SUBIC BAY FREEPORT — The Subic Bay Marine Exploratorium, Inc. (SBMEI), operator of several tourism facilities in this freeport, has converted a P239.56-million claim into equity following a settlement with investor HS Equities, Ltd., ending a dispute that had lasted more than two decades. In a statement on Thursday, SBMEI said the compromise agreement, signed