Donaco International Limited
(ASX:DNA), Executive Director Benedict Paul Reichel, told investors 'Donaco was founded in 2001 by MD Joey Lim Keong Yew and his late grandfather Tan Swi Lim Goh Tong, Founder and Chairman of the Genting Group.'
Mr Reichel provided trading updates for the September 2015 quarter for both the Star Vegas Resort & Club in Cambodia and the Aristo International Hotel in Vietnam.
Total actual net revenue increased 37 percent to $36.27 million. Total actual EBITDA increased rose 38 percent to $26.99 million, before corporate costs.
Mr Reichel observed the acquisition of Star Vegas Resort and Club has led to a dramatic increase in the size and scale of Donaco.
