Tag Archives Donaco

Donaco International Limited initiates coronavirus layoffs in Vietnam

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Asian boutique casino operator Donaco International Limited has reportedly announced that it has laid off staff at its Aristo International Hotel in order to soften the impact of a drop in business brought on by the recent coronavirus outbreak. According to a report from GGRAsia, the Sydney-listed firm used an official filing to detail ...

Donaco International Limited pauses Cambodian legal dispute

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Asian casino operator Donaco International Limited has reportedly temporarily suspended its legal wrangle with a trio of minority shareholders that have been attempting to terminate the 50-year lease for the land occupied by its Star Vegas Resort and Club in Cambodia. According to a report from GGRAsia, the Sydney-listed firm used an official filing to ...

Donaco International Limited appoints new Chief Financial Officer

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Asian casino operator, Donaco International Limited, has reportedly announced that Chong Kwong Yang is standing down as its Chief Financial Officer ‘after six years of service’ to be replaced by Gordon Lo. According to a report from GGRAsia, the Sydney-listed firm used an official filing to declare that the changeover is to become official ...

Donaco International Limited asks for permission to sanction minority investors

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Asian casino operator, Donaco International Limited, has reportedly filed an official application that would penalize two of its minority shareholders by stopping them from selling or transferring any portion of their current stake. According to a report from Inside Asian Gaming, the Sydney-listed firm decided to take action against investors Patrick Tan Teck Lee ...

Donaco International Limited investors to discuss board changes

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In Australia and Asian casino operator Donaco International Limited has reportedly announced that it will be holding an extraordinary general meeting of its shareholders to discuss an application from a pair of investors that its entire board should be replaced. According to a Sunday report from Inside Asian Gaming, the Sydney-listed firm is responsible ...

Donaco International Limited sees annual loss grow on the back of impairment charges

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Asian casino operator Donaco International Limited has reportedly released its financial results for the twelve months to the end of June showing that its annual loss had widened by 55.8% year-on-year to hit nearly $130.88 million as a result of some $134.99 million in non-cash impairment charges. According to a report from GGRAsia, the ...