Tag Archives: 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 – La première phase du Hoi An South Integrated Resort est en cours
Suncity Group, célèbre pour être un opérateur de voyages de vacances à Macao, a confirmé que la première phase du Hoi An South Integrated Resort au Vietnam comptera un triplé d'hôtels d'environ 1,000 500 chambres, pour un coût d'environ 23 millions de dollars. La construction de la première phase a débuté le XNUMX avril. L'entreprise développe la station en partenariat avec la gestion d'actifs…
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 devient le principal actionnaire du projet Hoi An
Le projet de casino de 4 milliards de dollars de VinaCapital, au point mort près de la ville touristique populaire de Hoi An au Vietnam, a reçu un énorme coup de pouce avec l'annonce que Chow Tai Fook Enterprises de Hong Kong est devenue le principal investisseur. La part de VinaCapital dans le projet a été réduite de 80 pour cent à 22.55 pour cent pour devenir « un actionnaire stratégique »,…
