Imperial Pacific hires high-profile advisors

HK-listed Imperial Pacific announced it has formed an advisory committee to provide “sound strategic and tactical advice” including business strategy and government relations.

The advisory committee members, all of which have considerable experience in governmental and regulatory policies will strengthen the company’s corporate governance, said the firm in its filing to the Hong Kong Stock Exchange.

The three committee members include former Chairman of the United States Democratic National Committee cum former Governor of Pennsylvania, Mr. Edward G. Rendell (pictured), the former Governor of New York, Mr. David A. Paterson and the former Director of the Federal Bureau of Investigation, Mr. Louis J. Freeh.

Imperial Pacific is the operator of the Best Sunshine temporary casino on Saipan, consisting of 12 VIP gaming tables and 34 mass tables.

The company said in previous filings it would spend as much as $7 billion on a casino resort on the island.