There’s no stopping Australia-listed Frontier Capital Group Limited from acquiring Stotsenberg Hotel and Casablanca Casino in the Philippines’ Clark Freeport Zone.

In a filing to the Australian Securities Exchange last week, the company announced it is moving forward with its plans of buying Stotsenberg Leisure and Hotel Corp, which owns the Clark casino, for $26 million in shares to be transferred in three tranches.

Frontier Capital’s shareholders will still have to approve the deal, according to the filing. The target date for the completion is January 2016.

The Casablanca Casino has a total of 190 slot machines, 36 gaming tables and two VIP rooms, while the Stotsenberg Hotel has 239 hotel rooms and a convention center that can accommodate a maximum of 2,000 people. The casino property is located less than two kilometers away from the Clark International Airport.