Asia Entertainment files $150 million debt, preferreds, stock shelf

By Devika Patel

Knoxville, Tenn., Dec. 31 - Asia Entertainment & Resources Ltd. filed a $150 million shelf registration in an F-3 filing with the Securities and Exchange Commission.

The registration covers ordinary shares, preferred shares, warrants, subscription rights, debt securities and units, along with 7,800,400 ordinary shares to be offered by selling stockholders.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

The gaming promoter is based in Hong Kong.

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