Tags: Chow Tai Fook
Australia – Chow Tai Fook buys into The Star Entertainment Group
Australian casino operator the Star Entertainment Group is looking to increase its exposure to Asian high rollers with a $490m deal that will give a 4.99 per cent stake in the business to each of its two long-term Hong Kong-based partners. The Star has expanded its strategic partnership with Chow Tai Fook Enterprises Limited (CTF)…
Bahamas – BMD slams concessions given to sell Baha Mar
BMD Holdings, the original developer of Baha Mar, the casino resort in the Bahamas, wants the government to place a moratorium on the completion of any sale of Baha Mar and reopen the casino investigation case into the venue’s owners Chow Tai Fook. BMD said it had reviewed the Heads of Terms regarding concessions agreed…
Bahamas – Chow Tai Fook enters negotiations to buy Baha Mar from its new owners
Chow Tai Fook Enterprises Limited (CTFE), a Hong Kong-based conglomerate involved in luxury jewellery and hotesl, has entered into negotiations to buy the US$3.5bn Baha Mar casino resort at Nassau’s Cable Beach. CTFE has applied to the Government of The Bahamas for approval as a proposed investor and acquirer of the Baha Mar Resort, by…
Vietnam – Fas ett av Hoi An South Integrated Resort pågår nu
Suncity Group, mest känd för att vara en Macau-skräpoperatör, har bekräftat att fas ett av Hoi An South Integrated Resort i Vietnam kommer att ståta med ett hattrick av hotell med cirka 1,000 500 rum, vilket kostar cirka 23 miljoner USD. Bygget av fas ett startade den XNUMX april. Företaget utvecklar resorten i samarbete med kapitalförvaltningen...
Australia – The Star to expand to rival Barangaroo’s Chinese appeal
The head to head between Australia’s two biggest casino operators is intensifying once more in Sydney where existing operator Star Entertainment is hoping to build a 200-metre Ritz-Carlton hotel tower casino opposite Crown Resorts’ future Barangaroo resort. Star is playing out the last three years of its exclusive casino licence with the 2019 deadline culminating…
Vietnam – Chow Tai Fook blir största intressent i Hoi An-projektet
VinaCapitals avstannade kasinoprojekt på 4 miljarder USD nära den populära turiststaden Hoi An i Vietnam har fått ett enormt uppsving med nyheten att Hongkongs Chow Tai Fook Enterprises har blivit huvudinvesteraren. VinaCapitals andel i projektet har minskat från 80 procent till 22.55 procent för att bli "en strategisk aktieägare",...
