First Paramount expects to seal property deal with Japan’s Okada

    First Paramount Holdings President Alice Eduardo says she expects to finalize a deal soon with Japanese billionaire Kazuo Okada over a $2 billion gaming project. Under the accord, Century Properties and First Paramount will take a combined 60 percent stake in Eagle Land Holdings, a Philippine unit of Universal Entertainment Corp. Okada needed to bring in local partners to comply with Philippine laws on foreign ownership.