Australia-listed gaming operator Silver Heritage Group Ltd said on Monday that David Green (pictured), the firm’s chairman and non-executive director, has resigned with immediate effect.
His resignation was for “personal reasons and also to enable him to focus upon other business interests,” said the company in a filing to the Australian Securities Exchange.
It added: “The board of directors thanks Mr Green for his considerable effort and input during his tenure as a director.”
The casino firm said that non-executive director Matthew Hunter “will fill the role of interim chairman”.
Silver Heritage operates the Tiger Palace Resort Bhairahawa, a new Nepal property near the country’s border with the Indian state of Uttar Pradesh. The boutique casino operator also runs the Millionaire’s Club and Casino in Kathmandu, Nepal’s capital, and the Phoenix International Club, near Hanoi, in Vietnam.
The company last week reported a loss in terms of adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) for the first quarter of 2018, amounting to US$1.9 million.
Jul 20, 2018Japan’s Integrated Resorts (IR) Implementation Bill passed into law on Friday evening after a plenary session of the upper house of the country’s parliament. The passage of the second of two...
Jul 20, 2018
Jul 20, 2018
"The [Macau] government has a lead in this subject in regards to what should be done after the [gaming] concessions expire. We will be first listening to what the government will say”
Ambrose So Shu Fai
Vice-chairman and chief executive at Macau casino operator SJM Holdings