Donaco International Ltd (ASX:DNA) directors present their report, together with the financial statements, on the consolidated entity consisting of Donaco International and the entities it controlled at the end of, or during, the year ended 30 June 2016.
Donaco International Ltd
Donaco's largest business is the Star Vegas Resort & Club, a successful casino and hotel complex in Poipet, Cambodia, on the border with Thailand. Star Vegas was established in 1999, and is the largest and highest quality of the Poipet casino hotels. The property has more than 100 gaming tables, more than 1400 slot machines, and 385 hotel rooms.
Donaco's flagship business is the Aristo International Hotel, a successful boutique casino in northern Vietnam, located on the border with Yunnan Province, China. Established in 2002, the property has recently been expanded to a brand new five star resort complex with 400 hotel rooms. Donaco is a pioneer casino operator in Vietnam, and owns a 95% interest in the business, in a joint venture with the Government of Vietnam.
Donaco International Limited (ASX:DNA) ("Donaco" or "the Company") has lodged its financial year 2016 audited accounts, achieving an audited profit of $78.7m, compared to $77.2m which was detailed in the preliminary report (Appendix 4E) released on 30 August 2016.
The Board of Donaco International Limited (ASX:DNA) (the Company) has resolved to introduce a new Long Term Incentive (LTI) scheme for its senior executives, to replace the previous options scheme that expired at the end of FY16.
Donaco International Ltd (ASX:DNA) are pleased to provide the Company's latest Investor Presentation regarding the FY16 results.
Donaco International Limited (ASX:DNA) is pleased to announce its results for the 12 months ended 30 June 2016 (FY16), a period which saw the group transform and significantly grow in scale with the addition of the Star Vegas.
Donaco International Ltd (ASX:DNA) announces that it will release its statutory results and preliminary accounts for the financial year ending 30 June 2016 after the market closes on Tuesday, 30 August 2016.
Donaco International Limited (ASX:DNA) has refinanced its USD20 million working capital facility that was announced to the ASX on 23 June 2015 and 1 July 2015. The refinancing will save the Company approximately USD3.8 million in financing costs over the next two financial years (FY17 and FY18), compared to the cost of repaying the facility in accordance with its original terms.
Donaco International Ltd (ASX:DNA) Managing Director Joey Lim a Keynote Speaker at Major Vietnam Tourism Conference
Donaco International Limited (ASX:DNA) is pleased to announce that its Managing Director and Chief Executive Officer, Mr Joey Lim, was a keynote speaker at a major conference on investment and tourism development in the Lao Cai area of Vietnam, held on the weekend of 7-8 May 2016. Lao Cai is the location of Donaco's flagship property, the Aristo International Hotel.
Donaco International Limited ("Donaco" or "the Company") (ASX:DNA) is pleased to announce that it has appointed Att Asavanund as Deputy Chief Executive Officer, effective 1 May 2016.
Donaco International Ltd (ASX:DNA) announce the latest Investor Presentation for the December 2015 Half Year Results.