--- title: "CENTURY ENT INT plans to partner with WPT to establish a joint venture to expand into the Southeast Asian gambling platform" description: "CENTURY ENT INT and the Philippines' World Platinum Technologies (WPT) have established a joint venture, with shareholding ratios of 51% and 49% respectively. The joint venture will focus on the resea" type: "news" locale: "en" url: "https://longbridge.com/en/news/247855859.md" published_at: "2025-07-09T15:30:40.000Z" --- # CENTURY ENT INT plans to partner with WPT to establish a joint venture to expand into the Southeast Asian gambling platform > CENTURY ENT INT and the Philippines' World Platinum Technologies (WPT) have established a joint venture, with shareholding ratios of 51% and 49% respectively. The joint venture will focus on the research, marketing, and sales of gaming system platforms and content in the Asia-Pacific region. According to the agreement, CENTURY ENT INT will issue up to 25,649,500 new shares to WPT in phases, with an issue price of HKD 0.62, representing a discount of 13.89% compared to the closing price before the suspension CENTURY ENT INT (00959.HK) announced the establishment of a joint venture with the Philippine gaming system service provider World Platinum Technologies (WPT) to engage in the research, marketing, and sales of gaming system platforms and content in the Asia-Pacific region, with both parties holding 51% and 49% of the shares, respectively. According to the joint venture agreement, the company will issue up to 25,649,500 new shares to WPT in phases, equivalent to an expanded share capital of 16.67%; the issue price is HKD 0.62, a discount of 13.89% compared to the last closing price before the suspension ### Related Stocks - [00959.HK - CENTURY ENT INT](https://longbridge.com/en/quote/00959.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Century Entertainment Appoints Fok Sing Yan as Independent Director and Re-designates Michael Tan Defensor | Century Entertainment International Holdings Ltd. has appointed Ms. Fok Sing Yan as an independent non-executive directo | [Link](https://longbridge.com/en/news/275582767.md) | | Wynn Macau's Adjusted Pre-Tax Earnings Fall in Q4 2025 | Wynn Macau's Adjusted Pre-Tax Earnings Fall in Q4 2025 | [Link](https://longbridge.com/en/news/275832737.md) | | Melco Resorts Swings to Profit as Revenue Rises and Liquidity Strengthens | Melco Resorts & Entertainment reported a fourth-quarter 2025 operating revenue of US$1.29 billion, a 9% increase year-on | [Link](https://longbridge.com/en/news/275779183.md) | | World Nexus Takes Control of Thelloy Development, Triggers Mandatory Cash Offer | World Nexus Holdings Limited has acquired a 62.6% controlling interest in Thelloy Development Group Limited by purchasin | [Link](https://longbridge.com/en/news/275762321.md) | | Thelloy Development Chairman Completes Sale of Controlling Stake | Thelloy Development Chairman Completes Sale of Controlling Stake | [Link](https://longbridge.com/en/news/275844680.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.