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$3.5bn Baha Mar casino resort at Nassau’s Cable Beach. CTFE has applied to the Government of The Bahamas for approval as a proposed investor and acquirer of the Baha Mar Resort, by…
Vietnã – A primeira fase do Hoi An South Integrated Resort está em andamento
O Suncity Group, mais famoso por ser um operador de viagens de Macau, confirmou que a primeira fase do Hoi An South Integrated Resort, no Vietname, contará com um hat-trick de hotéis com cerca de 1,000 quartos, custando aproximadamente 500 milhões de dólares. A construção da primeira fase começou no dia 23 de abril. A empresa está desenvolvendo o resort em parceria com a gestora de ativos…
Australia – The Star to expand to rival Barangaroo’s Chinese appeal
The head to head between Australia’s two biggest casino operators is intensifying once more in Sydney where existing operator Star Entertainment is hoping to build a 200-metre Ritz-Carlton hotel tower casino opposite Crown Resorts’ future Barangaroo resort. Star is playing out the last three years of its exclusive casino licence with the 2019 deadline culminating…
Vietname – Chow Tai Fook torna-se o maior interveniente no projecto Hoi An
O projeto de cassino paralisado de US$ 4 bilhões da VinaCapital perto da popular cidade turística de Hoi An, no Vietnã, recebeu um enorme impulso com a notícia de que a Chow Tai Fook Enterprises de Hong Kong se tornou o principal investidor. A participação da VinaCapital no projeto foi reduzida de 80 por cento para 22.55 por cento para se tornar 'um acionista estratégico'…
