Cell Aquaculture updates on
soft opening of Cambodia casino Cell Aquaculture
(ASX:CAQ)
has advised the soft opening of the Roxy Casino in Cambodia for which it has
executed the Heads of Agreement to acquire.
It had in March agreed to
acquire Roxy Casino and the Haikou Free Trade Zone project from vendors Noble
Rate Limited, Tang Dashun and Beijing Properties in return for 533.3 million
shares worth $83 million. The Roxy Casino is located in Bavet City, Syay Rieng
Province, Cambodia. It is 160 kilometres from Phnom Penh and 87 kilometres from
Ho Chi Minh City, Vietnam. It sits on 2,700 square metres of land and has a
built up area of 1,700 square metres.
The Casino license is a
perpetual license which allows for all types of table games, slots and online
gaming including sports betting. The main hall of the Casino can hold up to 25
gaming tables and up to 15 online tables. The Casino has 20 hotel rooms,
administrative offices, a restaurant that can seat up to 50 people, and
associated facilities.
Proactive Investors Australia
is the market leader in producing news, articles and research reports on ASX
“Small and Mid-cap” stocks with distribution in Australia, UK, North America
and Hong Kong / China.
Source:
http://www.proactiveinvestors.com.au/companies/news/55215/cell-aquaculture-updates-on-soft-opening-of-cambodia-casino-55215.html
No comments:
Post a Comment