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Imperial Pacific International Holdings Limited (SEHK: 1076 is a Chinese investment holding company. It was founded with headquarters in Hong Kong and originally named First Natural Foods Holdings until it was renamed in May 2014. It is majority owned by Cui Lijie through her investment vehicle Inventive Star Limited.^[2][3]

22 jobs available in Saipan, MP on Indeed.com. Apply to Assistant Manager, Maintenance Person, Delivery Driver and more! Saipan's CNMI Lottery Commission yesterday voted unanimously to grant a conditional license to develop a $2-billion integrated casino resort on Saipan to Best Sunshine International, a subsidiary of Hong Kong-listed Imperial Pacific International Holdings Ltd. Best Sunshine International Limited 828 followers on LinkedIn. Best Sunshine International Limited is a wholly-owned subsidiary of Imperial Pacific Holdings Limited, a Hong Kong listed company with Exchange Code #1076 and as of May 1, 2014 has a market capitalization of over US$550 million. The Hong Kong-listed company is a Bermuda-incorporated company, whose historical business was the.

History[edit]

First Natural Foods was first listed on the main board of the Hong Kong Stock Exchange on 11 February 2002. It was principally involved most aspects of the food business, including frozen and functional food products. Trading for the group was suspended on 15 December 2008 and provisional liquidators were appointed on 7 January 2009 for restructuring. The liquidators were discharged on 4 September 2012 and trade sharing resumed the following day.^[4]

In 2013, the Securities and Futures Commission (SFC) took the company's founder and former chairman Yeung Chung-lung to court for alleged embezzlement. The SFC accused him of withdrawing HK$84 million from its account in December 2008.^[5]

In December 2013, First Natural Foods announced that it would buy the Macau-based junket operator Hengsheng for HK$400 million.^[6] In 2013, First Natural Foods reported a profit of only 1.25 million.^[7] In March 2016, Imperial Pacific announced that it would sell its non-gaming subsidiaries to focus on its gaming businesses.^[8] In August 2016, Imperial Pacific reported that it had a half-year net profit of HK$837.3 million (US$108 million).^[9]

In March 2018, Bloomberg reported that Imperial Pacific's offices in Saipan were raided by agents of the Federal Bureau of Investigation.^[10] Imperial Pacific denied that the FBI had raided its offices or buildings.^[11]

Imperial Pacific was Trump inaugural Gala sponsor.^[12]

Best Sunshine International[edit]

Best Sunshine, a subsidiary of Imperial Pacific International Holdings, develops and operates casinos, hotels, and restaurants in the Commonwealth of the Northern Mariana Islands (CNMI).^[13] As of June 2016, it is reportedly the largest taxpayer in the CNMI, paying US$27.8 million in business gross revenue tax.^[14]

In August 2014, Imperial Pacific International was granted a 25-year license to build and operate a casino on Saipan with an option to extend the license for another 15 years.^[15] Best Sunshine originally planned to spend US$3.14 billion and operate 2,229 hotel room.^[16] but increased the budget to US$7.1 billion the following month to accommodate plans to operate more than 4,200 hotel rooms and 1,600 gaming tables.^[17] Imperial Pacific raised US$99.8 million in December 2014 to fund these projects.^[18]

Best Sunshine Casino Saipan Jobs

Best Sunshine had a soft opening for a temporary casino with six baccarat tables in July 2015.^[19] This casino, named Best Sunshine Live cost US$25 million to build.^[9] It is located in Saipan's DFS T-Galleria Mall. In May 2016, Best Sunshine started targeting residents and tourists of Guam by offering charter flights between the two islands.^[20] The Best Sunshine Live casino opened on 31 March 2017, though construction for the attached resort continued.^[21]

The main casino, named Grand Mariana Casino Hotel and Resort was constructed in Garapan in 2016 and 2017. During this time, the Bureau of Environmental and Coastal Quality (BECQ) gave Best Sunshine multiple fines for discharging wastewater into Garapan's lagoon and violating work hour constraints.^[22] Ancient human remains were discovered on the construction site, which will be re-interred some time after construction is finished.^[23] The main casino was originally scheduled to open in December 2016 and expected to cost US$550 million.^[24] The resort's casino had a soft opening on 6 July 2017.^[25]

On 23 March 2017, one of Imperial Pacific's Chinese construction workers fell off a scaffold and died. This led the Federal Bureau of Investigations to search one of Imperial Pacific's offices and make an arrest.^[26] On 15 February 2018, Bloomberg Businessweek published an investigative report on the circumstances surrounding the death of this construction worker.^[27] An attorney for the Torres Brothers law firm which represented this worker said the report omitted several facts about the case.^[28] Imperial Pacific disputed all allegations of wrongdoing and sued Bloomberg for defamation.^[29] The Federal Bureau of Investigation and U.S. Department of Homeland Security investigated the case and charged five individuals with harboring undocumented workers.^[30]

After Typhoon Yutu, Imperial Pacific opened its Saipan casino with limited operations from 2–15 November 2018. Citing damages from the typhoon, Imperial Pacific shut down this casino from 16–18 November, and then resumed operations.^[31]

References[edit]

1. ^'Imperial Pacific names new CEO, chairman, inks new contractor'. calvinayre.com. 31 January 2018. Archived from the original on 7 February 2018. Retrieved 5 February 2018.
2. ^'Imperial Pacific International Holdings Limited: 2019 Annual Report'(PDF). Hong Kong Stock Exchange. p. 30. Archived(PDF) from the original on 23 August 2020.
3. ^Cohen, Muhammad (24 February 2017). 'One Woman's Journey From 'Barefoot Doctor' To Casino Billionaire'. Forbes. Archived from the original on 29 April 2017. Retrieved 4 July 2020.
4. ^'SFC seeks court orders against founder and former chairman of First Natural Foods'. Securities and Futures Commission. 24 April 2013. Archived from the original on 8 May 2016. Retrieved 6 May 2016.
5. ^Li, Kanis (25 April 2013). 'SFC takes First Natural Foods founder to court over HK$84m embezzlement claim'. South China Morning Post. Archived from the original on 17 November 2018. Retrieved 16 November 2018.
6. ^'First Natural Foods to buy Hengsheng for HK$400 Mln'. Asian Gaming Brief. Archived from the original on 3 June 2016. Retrieved 6 May 2016.
7. ^Wei, Daniela; Campbell, Matthew (13 November 2016). 'Big Money, Big Questions at Trump Protege's Remote Casino'. Bloomberg News. Archived from the original on 13 November 2016. Retrieved 14 November 2016.
8. ^Morrison, K. (3 April 2016). 'Non-gaming business of Imperial Pacific dropped to focus on Saipan'. World Casino News. Archived from the original on 15 April 2016. Retrieved 25 April 2016.
9. ^ ^abColeman, Zach (23 August 2016). 'Small Saipan casino catches up with Macau peers'. Nikkei Asian Review. Nikkei. Archived from the original on 1 September 2016. Retrieved 1 September 2016.
10. ^Campbell, Matthew; Ha, K. Oanh (14 March 2018). 'Saipan Casino Operator Raided by U.S. Agents'. Bloomberg News. Archived from the original on 15 March 2018. Retrieved 15 March 2018.
11. ^Manabat, Bryan; Villahermosa, Cherrie Anne E. (16 March 2018). 'Imperial Pacific: Bloomberg misrepresented facts, again'. Marianas Variety. Archived from the original on 15 March 2018. Retrieved 17 March 2018.
12. ^Lulu Ramadan (13 April 2019). 'Undisclosed cash flowed at Trump inaugural ball with ties to China, embattled Saipan casino'. The Palm Beach Post. Archived from the original on 8 April 2020. Retrieved 15 April 2019.
13. ^'Imperial Pacific International Holdings Limited Company Info'. EquityNet.com.hk. Equity Group. Archived from the original on 4 March 2016. Retrieved 29 January 2016.
14. ^Erediano, Emmanuel T. (17 June 2016). 'Best Sunshine says it has paid $27.8M in BGRT to date'. Marianas Variety. Retrieved 13 July 2016.
15. ^'Inside Information: Grant of Casino Resort Developer License and Resumption of Trading'(PDF). HKExnews.hk. 13 August 2014. Archived(PDF) from the original on 19 March 2015. Retrieved 6 May 2016.
16. ^Erediano, Emmanuel T. (13 August 2014). 'NMI retirement crisis 'over''. Marianas Variety. Retrieved 23 April 2016.
17. ^Ap, Tiffany (15 December 2014). 'Doubts raised over US$7.1b plan for Imperial Pacific's Saipan casino'. South China Morning Post. Archived from the original on 5 March 2016. Retrieved 29 January 2016.
18. ^Rabago, Mark (17 December 2014). 'Imperial Pacific raises $100M'. Saipan Tribune. Archived from the original on 21 November 2015. Retrieved 29 January 2016.
19. ^'Imperial Pacific has soft opening for Saipan casino'. GGRAsia. TEAM Publishing and Consultancy. 28 July 2015. Archived from the original on 3 February 2016. Retrieved 29 January 2016.
20. ^Eugenio, Haidee V. (19 May 2016). 'Only operating casino in Micronesia targets Guam residents, tourists'. Pacific Daily News. Archived from the original on 23 August 2020. Retrieved 21 May 2016.
21. ^Master, Farah (14 April 2017). 'Saipan casino workers protest for payment as FBI cites illegal labor'. Reuters. Archived from the original on 20 April 2017. Retrieved 4 May 2017.
22. ^Erediano, Emmanuel T. (29 April 2016). 'BECQ fines Best Sunshine for repeated violations'. Marianas Variety. Retrieved 6 May 2016.
23. ^Manabat, Bryan (1 August 2016). 'Still no plan for re-interring ancient human remains found at Garapan hotel project site'. Marianas Variety. Retrieved 16 August 2016.
24. ^'Grand Mariana Casino and Saipan's lack of hotel rooms'. Marianas Variety. 19 April 2016. Archived from the original on 18 November 2018. Retrieved 25 April 2016.
25. ^Villahermosa, Cherrie Anne E. (8 July 2017). 'Saipan casino's soft opening draws crowds'. The Guam Daily Post. Archived from the original on 23 August 2020. Retrieved 11 July 2017.
26. ^Campbell, Matthew; Farrell, Greg (1 April 2017). 'FBI Makes Arrest Related to Saipan Casino Construction'. Bloomberg. Archived from the original on 3 April 2017. Retrieved 5 April 2017.
27. ^Campbell, Matthew (15 February 2018). 'A Chinese Casino Has Conquered a Piece of America'. Bloomberg Businessweek. Archived from the original on 16 February 2018. Retrieved 27 May 2018.
28. ^Encinares, Erwin (20 February 2018). 'Lawyer: Bloomberg article left out key facts'. Saipan Tribune. Archived from the original on 28 May 2018. Retrieved 27 May 2018.
29. ^Stradbrooke, Steven (20 February 2018). 'Casino operator Imperial Pacific suing Bloomberg for defamation'. CalvinAyre.com. Archived from the original on 28 May 2018. Retrieved 27 May 2018.
30. ^Chargualaf, Alana (5 June 2018). 'Woman sentenced in illegal foreign worker case'. The Guam Daily Post. Archived from the original on 23 August 2020. Retrieved 23 June 2018.
31. ^Wong, Yi Wei (19 November 2018). 'Imperial Pacific resumes Saipan casino operations after two-day break'. Macau Business. Macau News Agency. Archived from the original on 19 November 2018. Retrieved 19 November 2018.

External links[edit]

Saipan’s Best Sunshine International Casino plans to hire 180 experience U.S. casino workers, including dealers, cashiers, and shift managers. Saipan is a commonwealth of the United States, located in the Marianas Island chain. The inhabitants of the island of 48,220 people are considered U.S. citizens and the island is governed by American federal laws. Any of the 8,000 Atlantic City casino employees who lost their job due to closings in 2014 are welcome to apply.

The only catch for the Atlantic City casino workers is this: the Best Sunshine International Casino is 8,000 miles away from Atlantic City. Still, the new employment opportunity is a chance to see a far-flung part of the American landscape, while enjoying exotic customs and scenery.

Best Sunshine Casino Saipan

Job Fair in Atlantic City

The job search was conducted by Renard International Hospitality Search. RIHS held a job fair on Wednesday and Thursday this week in Atlantic City. Best Sunshine Casino is offering a signing bonus to any experienced casino workers willing to relocate by July 10, 2015. To do so, they would have to be willing to move to the U.S. Commonwealth in the Northern Mariana Islands.

Signing Bonuses Offered

Besides the signing bonus, pay starts at $40,000 for casino workers and $45,000 to $70,000 for management positions. The full package of benefits includes free travel between Saipan and Atlantic City, health insurance, free accommodations, and one free meal during working hours.

The owners want to hire people with experience who know the language and can cater to a group of tourists which includes American vacationers and local residents, along with Asian high-rollers and mass market players.

While gaming at the Best Sunshine International Casino is likely to be slightly different than in the United States–due to the influx of Asian gamblers–most of the games are likely to be quite similar to what was played at the Showboat, Revel Casino, Trump Plaza, and Atlantic Club. When those 4 Atlantic City casinos closed in 2014, eight thousand jobs were lost. Subsequent stories show that many of the casino employees never found gainful employement in the months since.

Revel Casino Reopening

Casino workers who do not care to relocate might be able to find a job at the Revel Casino in the near-future. Glenn Straub, who purchased the casino for $83 million earlier this spring, says the Revel will not reopen anytime this summer. Still, he expects to open for business later in 2015. When this happens, the Revel Casino is likely to hire over a thousand dealers, cashiers, and managers.

About Saipan: Where You Might Live

For those who want to know about Saipan, it it located in the central Pacific Ocean. During the Colonial Period, Saipan was controlled by the Spanish Empire, the 2nd German Reich, and the Empire of Japan.

Thus, it has an interesting ethnic mix. Fifty percent of the population is Asian in origin, mainly from China and the Philippines. 33.6% is Pacific Islander, including natives who are known as Chamorro. 12.9% is mixed race, while 2% is listed as Caucasian. The remaining 1.5% of the population consists of people of Hispanic and African descent.

Why Saipan Is a US Territory

Saipan played a key role in United States history. It is one of 15 islands in the Northern Mariana Islands. Along with Guam, it forms the Mariana Islands, a U.S. commonwealth. The island came into U.S. possession in 1944, when the U.S. Navy seized the island from Japanese imperial forces. The Battle of Saipan took place from June 15 until July 9, 1944.

Combat cost the American side 3,426 killed and 10,364 wounded, out of a force of 71,000 soldiers, marines, and sailors. The casualties for Japan were much higher: 24,000 killed, 5,000 additional suicides, and 921 prisoners out of a force of 31,000 troops. Also, 22,000 citizens died in the battle, mostly by suicide.

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Battle of the Philippine Sea

The islands were also the site of a naval battle, The Battle of the Philippine Sea (June 19-20), also dubbed the A-Go Offensive. In the so-called “Marianas Turkey Shoot”, this battle led to the destruction of 3 Japanese aircraft carriers and about 50% of its remaining naval air power, thus ending Japan’s ability to conduct major naval operations in the Pacific. Due to the loss of Saipan, Guam, and Tinian, Prime Minister Hideki Tojo fell from power in Japan, because he had been unable to keep his promise that the US would never break through the Japanese home island’s defensive perimeter.

Possession of the Marianas allowed the United States to send Boeing B-29 Superfortress long-range bombers to bomb the Japanese mainland, due to its proximity within 1,500 miles of Japan. Over the course of the next year, the U.S. Army Air Corps pounded Japanese cities, eventually laying waste to all but the holy city of Kyoto, which was spared. From nearby Tinian Island in August 1945, the US launched the atom bomb attacks on Hiroshima and Nagasaki.

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