Friday, September 2, 2016

NagaCorp looking to shore up extra $120M

2 September 2016

Casino operator NagaCorp Ltd aims to raise at least $120 million in net proceeds through a placing and subscription agreement that will see 190,000,000 shares sold to no less than six parties in a bid to increase capital for its Naga 2 development in Phnom Penh. The massive $369 million, Naga 2 development is slated to be operational in 2017.

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