A casino operator in Cambodia, with an establishment located on the border between Thailand and Cambodia; Donaco International Ltd, confirms financial struggles and is seeking financing options to help support the company’s financial obligations during a difficult period.
Donaco International Ltd, which operates the Star Vegas Resort and Club and also Aristo International Hotel and Casino in Vietnam, has been severely negatively impacted by the spread of coronavirus.
Mel Ashton, chairman of Donaco International Ltd commented on the news:
“The board is aware that the liquidity of the company may tighten from the closure of the border crossing between China and Vietnam in January due to the outbreak of Covid-19 [coronavirus].”
© 2020, All rights reserved.