{"id":357,"date":"2019-10-22T13:31:27","date_gmt":"2019-10-22T13:31:27","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=357"},"modified":"2026-04-24T10:18:07","modified_gmt":"2026-04-24T13:18:07","slug":"donaco-international-to-be-renamed-pan-asian-leisure","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/donaco-international-to-be-renamed-pan-asian-leisure","title":{"rendered":"Donaco International to be renamed Pan Asian Leisure"},"content":{"rendered":"\n

Asian casino operator <\/strong>Donaco International is proposing a name change as part of a \u201cnew beginning” campaign of the company.<\/p>\n\n\n\n\n\n\n\n

Australia.- The Australian-listed Donaco<\/strong><\/em> announced it would hold its annual general meeting (AGM) on November 29 in Sydney. Furthermore, on Monday the company invited its investors to join the event and be part of the rebranding process. An example of “a public statement that we are leaving the past behind.\u201d<\/em><\/p>\n\n\n\n

Among these changes is a proposal to rename the company to Pan Asian Leisure Ltd. The company hopes it will help shedding the current narrative of dysfunction and discord. Over the past two fiscal years, Donaco’s financial performance “was simply unacceptable\u201d<\/em>, the company acknowledged.<\/p>\n\n\n\n

Donaco also pointed to its own internal transformation, noting that \u201cthe Board has been substantially transformed in the past 12 months, and for the first time, there are three independent Directors\u201d<\/em>. \u201cThe new team has already delivered <\/em>significantly improved financial results<\/em><\/strong><\/a> at both of the Company\u2019s casino properties in the September 2019 quarter.\u201d<\/em><\/p>\n\n\n\n

\n\nThis growth is partly consequence, of cutting corporate costs, such as remuneration to key management personnel.\n\n<\/p>\n\n\n\n

Donaco has been snared in a legal entanglement with a Thai company that run the gaming operations at Star Vegas<\/a><\/strong><\/em>; and also its adjoining Star Paradise gaming hall. <\/p>\n\n\n\n

In sum up, \u201cit is now time to leave the past behind and allow the Company to move forward with the current, stable board; which is not subject to challenge, and can focus on creating value for shareholders.\u201d<\/em>
<\/p>\n","protected":false},"excerpt":{"rendered":"

Asian casino operator Donaco International is proposing a name change as part of a \u201cnew beginning” campaign of the company.<\/p>\n","protected":false},"author":133,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Australian-listed casino operator Donaco International is proposing a name change to Pan Asian Leisure Ltd. as part of a strategic rebranding initiative. This move aims to distance the company from past financial underperformance and ongoing legal entanglements, emphasizing a transformed board and recent operational improvements. The company will hold its AGM on November 29 in Sydney to discuss these changes and invite investor participation.","focusai_entities":"Donaco International, Pan Asian Leisure Ltd., Star Vegas, Star Paradise","focusai_location":"Australia, Sydney","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.85), operator_casino (0.75), investor_analyst (0.95), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Rebranding Efficacy Metrics?","query":"What specific market perception and stakeholder confidence metrics does Donaco International aim to improve with the Pan Asian Leisure Ltd. rebranding, beyond merely 'leaving the past behind'?"},{"label":"Governance Framework Impact?","query":"How will the newly constituted board, with three independent directors, enhance corporate governance frameworks and mitigate future operational or legal risks, particularly concerning the ongoing legal entanglement?"}],"footnotes":""},"categories":[160,16336,157],"tags":[289,29,966],"class_list":["post-357","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-australasia-news","category-business-news","tag-australia","tag-casino","tag-donaco"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/133"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=357"}],"version-history":[{"count":8,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/357\/revisions"}],"predecessor-version":[{"id":777041413,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/357\/revisions\/777041413"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}