• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Donaco raises US$72 mln via shares to institutions

Feb 11, 2015 Newsdesk Latest News, Rest of Asia, Top of the deck  


Donaco raises US$72 mln via shares to institutions

Boutique casino operator Donaco International Ltd says it has raised AUD92.4 million (US$71.8 million) via a successful share placement to institutions by way of what is known as an entitlement offer.

It told the Australian Securities Exchange in a filing on Wednesday that it had placed just over 154 million shares – representing 100 percent of the institutional component of the offer.

A retail component to the entitlement offer opened on Monday and will close on February 23, with the shares scheduled to commence trading on March 3, stated Wednesday’s announcement.

Donaco said in a filing on January 30 that it was raising US$100 million in equity financing – via an entitlement offer – toward the US$360 million consideration price for the acquisition of the Star Vegas Resort and Club casino property in Poipet, Cambodia. That deal is due to close in April, according to the January 30 filing.

Donaco is currently a one-property operator, running the Aristo International casino hotel (pictured) in Lao Cai, in northern Vietnam, near the country’s border with the Chinese province of Yunnan. The property – established in 2002 – is a joint venture with the Vietnamese government, which has a 5 percent stake, said Wednesday’s filing. The site was recently expanded and upgraded to a five-star resort with 428 hotel rooms.


  • tweet
Related articles
  • Cambodia may see 75pct rise in tourists for 2023: govt
    Cambodia may see 75pct rise in tourists...

    Jan 19, 2023  

  • Cambodia’s new casino tax system now in operation: report
    Cambodia’s new casino tax system...

    Jan 10, 2023  

More news
  • Nearly 70k visitors to Macau on 6th day of CNY break
    Nearly 70k visitors to Macau on 6th day...

    Jan 27, 2023  

  • Monster Superlanche ups player fun, says Pragmatic Play
    Monster Superlanche ups player fun,...

    Jan 26, 2023  


Latest News

Nearly 70k visitors to Macau on 6th day of CNY break

Nearly 70k visitors to Macau on 6th day of CNY break

Jan 27, 2023  

Macau recorded 69,279 visitor arrivals on the sixth day of the Chinese New Year (CNY) holiday period, showed official data. The city welcomed about 384,600 visitors in the first six days of the...
Read More
Monster Superlanche ups player fun, says Pragmatic Play

Monster Superlanche ups player fun, says Pragmatic Play

Jan 26, 2023  

Cashless, process automation 2023 casino trend: JCM

Cashless, process automation 2023 casino trend: JCM

Jan 26, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”We are in very positive territory [in Macau] and keep moving upside”

Rob Goldstein

Chairman and chief executive of Las Vegas Sands



Most Popular

  • LVS flags strong recovery in Macau, capacity bottlenecksLVS flags strong recovery in Macau, capacity bottlenecks January 26, 2023
  • Macau visitor tally tops 318k in first 5 days of CNY breakMacau visitor tally tops 318k in first 5 days of CNY break January 26, 2023
  • CNY may deliver 50pct pre-Covid mass GGR in Macau: JPMCNY may deliver 50pct pre-Covid mass GGR in Macau: JPM January 25, 2023
  • 71pct of Sands China licence spend for venues says parent71pct of Sands China licence spend for venues says parent January 26, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us