Casino operator Donaco says close to hiring new CEO

Australia-listed Donaco International Ltd, an operator of a border casino in Cambodia and another in Vietnam, says it is in the “final negotiation stages” for appointing a new chief executive.

It added in a Wednesday filing to the Australian Securities Exchange that it was “working closely with management to ensure continuity of company operations and minimal impact on day-to-day business activities”.

Paul Arbuckle was to step down as company chief executive on Tuesday (August 4), according to a July 31 filing from the group. The firm confirmed his departure in its latest filing.

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