Star Entertainment’s Lifeline: A Temporary Reprieve Amid Financial Turmoil
In a critical move to avert immediate financial collapse, Star Entertainment Group has divested its 50% interest in the nascent Brisbane casino, securing a crucial $53 million. This financial injection comes as the company sells its stake to joint venture partners Chow Tai Fook Enterprises and Far East Consortium International. A desperate divestment: The transaction, confirmed by Far East Consortium in a recent Hong […]

In a critical move to avert immediate financial collapse, Star Entertainment Group has divested its 50% interest in the nascent Brisbane casino, securing a crucial $53 million. This financial injection comes as the company sells its stake to joint venture partners Chow Tai Fook Enterprises and Far East Consortium International. A desperate divestment: The transaction, confirmed by Far East Consortium in a recent Hong […]