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Clark’s booming integrated resort scene is poised for a new milestone, as Hann Holdings Inc., the parent company of Hann Philippines Inc., has received final approval from the Philippines Securities and Exchange Commission (SEC) to launch an initial public offering (IPO). The SEC’s En Banc meeting on July 17, 2025 officially green‑lit the registration of up to 2.5 billion common shares, pending Hann’s fulfilment of certain final conditions.

The proposed IPO marks a major expansion phase for the Clark-based casino group. Set to trade on the Philippines Stock Exchange on September 23, the offer period will run from September 9 to 15 . Hann aims to raise up to PHP 11.43 billion (approximately US $199.9 million), primarily to fund its ambitious resort and hospitality growth.

Of the shares on offer, 500.0 million are firm primary shares priced at PHP 23.60 each, while an overallotment option of 50.0 million secondary shares from selling shareholder Hann Group Holdings W.L.L will also be made available at the same price.

In a recent interview with GGRAsia, Daesik Han, chairman and CEO of Hann Philippines, proudly highlighted the company's “very strong first‑mover advantage” in Clark . Hann Philippines already operates the flagship Hann Casino Resort in Clark Freeport Zone and is actively developing the nearby Hann Reserve at New Clark City in Pampanga. The Reserve’s first attraction—a Nick Faldo–designed golf course—is slated to open by year‑end.

Beyond golf, the flotation will help bankroll a sweeping expansion. A new InterContinental hotel of about 350 rooms is planned at the casino resort—set for completion by 2029—along with a 640‑room Novotel tower alongside existing Swissôtel, Marriott and Widus accommodations totalling 865 rooms . The casino floor itself is being enlarged with two additional floors: one featuring 35 gaming tables and 450 slot machines plus restaurants, and a second dedicated to private gaming with 30 tables, 140 slots, and extra dining.

Looking further ahead, the Hann Reserve development will evolve into a full-fledged integrated destination, encompassing three 18‑hole golf courses, multiple luxury hotels and villas, a new casino, a commercial center, residential zones and even an international school. Top-tier brands like So/Sofitel, Emblems (Accor), The Luxury Collection, Westin, and Banyan Tree have already been announced for the project.

This IPO launch is a strategic move to reinforce Hann’s leadership in Clark’s casino‑resort market. With a strong capital base, seasoned branding, and visionary expansion plans, the company appears well‑positioned to elevate Clark as a premier tourism and entertainment hub. Stay tuned this September to see how investors respond and how the company leverages its "first‑mover advantage" to capitalize on its bold ambitions.