Donaco International Ltd (ASX:DNA) Non-Renounceable Entitlement Offer to Raise $14.4m
Donaco International Limited (ASX:DNA) (FRA:UGS) is pleased to announce an equity raising to strengthen the Company's balance sheet to provide immediate capital.
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Donaco International Ltd
ASX:DNA ISIN:AU000000DNA0
Donaco International Limited (ASX:DNA) operates leisure, entertainment and associated technology businesses across the Asia Pacific region.
Donaco's largest business is the Star Vegas Resort & Club, a successful casino and hotel complex in Poipet, Cambodia, on the border with Thailand. Star Vegas was established in 1999, and is the largest and highest quality of the Poipet casino hotels. The property has more than 100 gaming tables, more than 1400 slot machines, and 385 hotel rooms.
Donaco's flagship business is the Aristo International Hotel, a successful boutique casino in northern Vietnam, located on the border with Yunnan Province, China. Established in 2002, the property has recently been expanded to a brand new five star resort complex with 400 hotel rooms. Donaco is a pioneer casino operator in Vietnam, and owns a 95% interest in the business, in a joint venture with the Government of Vietnam.
News
Donaco International Ltd (ASX:DNA) Receives Lender Support
Donaco International Limited (ASX:DNA) (FRA:UGS) is pleased to confirm that the Company's principal lender, Mega International Commercial Bank Co., Ltd ("Mega Bank") has agreed to the deferral of the $US5 million principal payment due on 15 June 2020 under the Facility Agreement* with Mega Bank.
Donaco International Ltd (ASX:DNA) CEO Contract Extension
Donaco International Limited (ASX:DNA) (FRA:UGS) announces that Chief Executive Officer, Mr Paul Arbuckle, will serve as CEO on a month-to-month basis to continue assisting the Company through the transition period to a new CEO.
Donaco International Ltd (ASX:DNA) Reopening of Aristo International Hotel Casino Operations
Donaco International Limited (ASX:DNA) (FRA:UGS) is pleased to confirm that the temporary closure of casino operations at the Aristo International Hotel in Lao Cai, Vietnam has been lifted.
Donaco International Ltd (ASX:DNA) Update on Freezing Order for Thai Vendor Shares
Donaco International Limited (ASX:DNA) (FRA:UGS) is pleased to provide an update to the status of the freezing order over the shares in Donaco held by Somboon Sukcharoenkraisri, Lee Bug Tong, Lee Bug Huy, Lee Hoe Property Co., Ltd, Paramax Co., Ltd and related persons.
Donaco International Ltd (ASX:DNA) Quarterly Activities Report
Donaco International Limited (ASX:DNA) (FRA:UGS) provides the following trading update for the three month period ending March 2020.
Donaco International Ltd (ASX:DNA) Extension of Temporary Closure of Aristo Hotel Casino Ops
Donaco International Limited (ASX:DNA) (FRA:UGS) confirms a 7-day extension of the temporary closure of casino operations at the Aristo International Hotel in Lao Cai, Vietnam.
Donaco International Ltd (ASX:DNA) Update on Progress of Star Vegas Settlement
Donaco International Limited (ASX:DNA) (FRA:UGS) is pleased to provide an update on the progress of the settlement of litigation over the Company's Star Vegas business in Cambodia.
Donaco International Ltd (ASX:DNA) Business Update in Response to COVID-19
Further to the 31 March and 1 April 2020 ASX releases noting the temporary closure of the Star Vegas Casino in Cambodia and the Aristo International Hotel in Vietnam, Donaco International Limited (ASX:DNA) (FRA:UGS) wishes to provide the following business update during the COVID-19 pandemic.
Donaco International Ltd (ASX:DNA) Temporary Closure of Aristo Hotel Casino Operations
Donaco International Limited (ASX:DNA) (FRA:UGS) today announces the temporary closure of the casino operations of the Aristo International Hotel in Lao Cai, Vietnam.
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