Donaco International Shareholders Approve Scheme of Arrangement with On Nut Road Limited

Donaco shareholders approve US$35 million privatization bid

A proposal by Hong Kong’s Argyle Street Management Limited to acquire 100% of the shares in ASX-listed, Southeast Asian casino operator Donaco International Ltd that it doesn’t already own is one step away from becoming reality after Donaco shareholders on Monday approved the move. In a filing, Donaco said that 98.11% of votes cast at a Scheme Meeting were in favor of the scheme, including 77.50% of votes cast by those who were present and votin…

Donaco shareholders vote overwhelmingly in favor of acquisition by On Nut Road

Donaco International is one step closer to its acquisition by Hong Kong-based On Nut Road, after shareholders voted overwhelmingly in favor of the takeover. The post Donaco shareholders vote overwhelmingly in favor of acquisition by On Nut Road first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Donaco International Shareholders Approve Scheme of Arrangement with On Nut Road Limited

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