Suncity Group says Tigre de Cristal staff now receiving Russian COVID vaccine

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Suncity Group Holdings and its majority-owned subsidiary Summit Ascent Holdings have revealed that staff at their Russian integrated resort, Tigre de Cristal, have started receiving COVID-19 vaccinations.

According to a Tuesday announcement, deployment of the Russian-developed Sputnik V vaccine for mass use in Vladivostok, where Tigre de Cristal is located, is aimed at ensuring staff and guests are safeguarded against the spread of COVID-19 while expediting a return to normalcy.

Suncity, which holds a 69.7% stake in Summit Ascent which in turn owns 67.5% of Tigre de Cristal operator Oriental Regent Ltd, said it continues to take precautions at its Russian IR including turning off every other slot machine and capping seating capacity at restaurants.

While those measures have restricted earnings, the launch of a vaccination program for staff offers a glimmer of hope that business will return to normal soon, the company explained.

“The vaccine is a breakthrough in humanity because this is an indication that humans can beat the pandemic,” said Alvin Chau, Chairman of both Suncity Group and Summit Ascent.

“I cannot be more grateful to the Russian Government, the research and medical staff in Russia for their tireless work in developing the vaccine and their determination to go back to normal life where people are allowed to travel freely. Their decisive and ambitious actions to prioritise vaccinating Russian citizens, including our employees working in Tigre de Cristal, is a tell-tale sign that Asia is on its way back to normality.

“When our customers from across Asia are allowed to travel again, I am certain that this will mark a new era of outstanding business performance for Summit Ascent.”

Suncity said it has now completed upgrades to Phase I of Tigre de Cristal, including the addition of a newly decorated Suncity VIP room, a brand-new authentic hot pot restaurant and a gentlemen’s club.

Phase 2 development is also well underway. Due to open in 2022, Phase 2 will double the total size of Tigre de Cristal and triple the number of hotel rooms while adding more restaurants plus a state-of-the-art indoor beach club.

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