{"id":777027426,"date":"2025-06-06T01:53:44","date_gmt":"2025-06-06T04:53:44","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777027426"},"modified":"2026-04-21T22:11:25","modified_gmt":"2026-04-22T01:11:25","slug":"donaco-releases-scheme-booklet-for-acquisition-process","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/donaco-releases-scheme-booklet-for-acquisition-process","title":{"rendered":"Donaco releases scheme booklet for acquisition process"},"content":{"rendered":"\n

An initial court hearing will be held on June 20.<\/p>\n\n\n\n\n\n\n\n

Australia.-\u00a0Donaco International\u00a0has released the scheme booklet for On Nut Road Limited\u2019s (ONR)\u00a0acquisition of the company\u2019s shares<\/a>. The first court hearing for the arrangement will be on June 20, and the company will send the scheme booklet to shareholders on June 30. <\/p>\n\n\n\n

Shareholders will meet to approve the scheme on August 4, and the final court hearing will take place on August 7. If approved, the transaction will become effective on August 8 and will be completed by August 19.<\/p>\n\n\n\n

The company reiterated that the delay to the original scheme timeline arose due to “a delay in third parties returning valuation inputs to the Independent Expert, lengthier than expected analysis of change of control provisions under Cambodian and Vietnamese law, and various holiday periods across Australia, Vietnam and Cambodia.”<\/p>\n\n\n\n

Due to this, the Independent Expert was delayed in completing its report, which also delayed the submission of the scheme booklet to the Australian Securities and Investments Commission for review.<\/p>\n\n\n\n

For the first half of the financial year, Donaco<\/a> reported net revenue of AU$21.83m (US$13.6m), up 12 per cent in year-on-year terms<\/a>, while earnings before interest, taxation, depreciation and amortisation (EBITDA) reached AU$11.39m (US$7.10m), up 17.0 per cent. According to the company, the rise highlights steady growth following stringent financial management and increased traffic from tourism.<\/p>\n\n\n\n

Donaco recorded net profit after tax of AU$7.77m (US$4.84m), up 36.32 per cent year-on-year.\u00a0DNA Star Vegas in Cambodia posted net revenue of AU$14.08m (US$8.77m), up 5.39 per cent year-on-year and EBITDA of AU$8.10m (US$5.05m), up 5.7 per cent. The casino venue reported an average daily visitation of 949 players.<\/p>\n\n\n

\n
\"Cambodia's
Cambodia\u2019s Star Vegas Casino.<\/figcaption><\/figure>\n<\/div>\n\n
\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Queensland gaming revenue rises in March<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

An initial court hearing will be held on June 20.<\/p>\n","protected":false},"author":176,"featured_media":19768,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Donaco International has released its scheme booklet for On Nut Road Limited's acquisition, detailing the revised timeline for court hearings and shareholder approval, with completion anticipated by August 19. The delay was attributed to valuation input complexities, extensive legal analysis of change of control provisions under Cambodian and Vietnamese law, and holiday periods. Concurrently, Donaco reported robust H1 FY financial results, including a 12% increase in net revenue and a 17% rise in EBITDA, driven by strong performance from its DNA Star Vegas property in Cambodia.","focusai_entities":"Donaco International, On Nut Road Limited, Australian Securities and Investments Commission, DNA Star Vegas","focusai_location":"Australia, Cambodia, Vietnam","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.9), operator_casino (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Valuation Impact","query":"How might the 'lengthier than expected analysis of change of control provisions' and the Independent Expert's delay impact the final valuation or the terms of the scheme consideration for Donaco International shareholders?"},{"label":"Post-Acquisition Strategy","query":"What are the anticipated strategic synergies and operational adjustments On Nut Road Limited plans for Donaco International's assets, particularly DNA Star Vegas, post-acquisition, to further enhance GGR and NGR?"}],"footnotes":""},"categories":[16336,157],"tags":[30,29,966],"class_list":["post-777027426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-cambodia","tag-casino","tag-donaco"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027426","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777027426"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027426\/revisions"}],"predecessor-version":[{"id":777027478,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777027426\/revisions\/777027478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19768"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777027426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777027426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777027426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}