The suspension of trading in the securities of Donaco International Limited (ASX:DNA) (Company) will be lifted immediately, following completion of the institutional component of an accelerated nonrenounceable entitlement offer and receipt of announcements pertaining to the acquisition of Star Vegas Resort & Club, a gaming and entertainment business in Cambodia.
Donaco International Limited (ASX:DNA) announces the successful completion of the institutional entitlement offer on 30 January 2015. A total of $57.9 million was raised, representing approximately 96.4 million new shares in the Company.
Donaco International Limited (ASX:DNA) Investor Presentation: Established in 1999, Star Vegas is the highest quality and most luxurious of the Poipet casino hotels
Donaco International Limited (ASX:DNA) is pleased to announce that it has executed a binding acquisition agreement with Star Vegas in Poipet, Cambodia.
The growth and success of the Company's business was reflected by the increase in the Company's share price and market capitalisation during the year. The growth of the business was further recognised in September 2014, when the Company was admitted to the ASX300 index.
Donaco International Limited (ASX:DNA) is pleased to announce that it has signed an exclusive term sheet, and is currently conducting due diligence, for a proposed material acquisition of a significant gaming and hospitality business in Cambodia.
The most important development was the opening of the Aristo International Hotel in May 2014. Through this brand-new resort complex in northern Vietnam, Donaco now has a greatly expanded leisure and entertainment offering. This magnificent new property will underpin growth in the year ahead.
