outbreak of COVID-19<\/a><\/em><\/strong>,\u201d Chairman Mel Ashton said.<\/p>\n\n\n\n\u201cAccordingly, Donaco is seeking to access financing to support payment obligations and working capital requirements of the Company.\u201d he added.<\/p>\n\n\n\n
The announcement was made todayafter Donaco revealed a 75% decline in visitation through February as a result of the border controls between China and Vietnam in January due to the outbreak of Coronavirus.
<\/p>\n","protected":false},"excerpt":{"rendered":"
The announcement was done early in this Friday morning, after Donaco revealed a 75% decline in visitation through February<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Southeast Asian casino operator Donaco International Ltd is actively seeking financing to address payment obligations and working capital requirements. This urgent need stems from a reported 75% decline in visitation through February, directly attributable to border closures between China and Vietnam due to the COVID-19 outbreak, which has severely impacted the company's liquidity and revenue streams.","focusai_entities":"Donaco International Ltd, Mel Ashton","focusai_location":"Vietnam, China, Southeast Asia","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.85), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.8)","focusai_suggestions":[{"label":"Liquidity Impact Analysis","query":"What specific financing instruments is Donaco International Ltd exploring, and what are the projected terms and dilution implications for existing shareholders given the severe liquidity constraints?"},{"label":"Regional Market Outlook","query":"How does Donaco's 75% visitation decline in Vietnam compare to other land-based casino operators in Southeast Asia, and what are the broader implications for regional GGR forecasts?"}],"footnotes":""},"categories":[160,28,16333],"tags":[29,7299,966,94],"class_list":["post-3953","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-casino-news","category-south-east-asia-news","tag-casino","tag-coronavirus","tag-donaco","tag-vietnam"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3953","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=3953"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3953\/revisions"}],"predecessor-version":[{"id":777019093,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3953\/revisions\/777019093"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}