Australian-listed Silver Heritage Group has completed the retail component of an entitlement offer, but applications for new shares fell short of the AU$5.6 million it had hoped for. In a filing to the Australian Securities Exchange on Wednesday, Silver Heritage...Read more
Australian-listed Silver Heritage Group says it has successfully raised AU$7.5 million via an institutional share offering and expects to raise a further AU$5.6 million from a retail offering as the company continues to throw resources behind its recently opened Nepal...
Silver Heritage Group has renegotiated terms with its corporate bondholder OCP Asia in a deal that will see it pay back around US$6 million of its outstanding bonds.
Silver Heritage Group says it has moved to positive Adjusted EBITDA and Property Level EBITDA in August after both suffered significant declines in the first six months of the year.
Inside Asian Gaming takes a look back at the biggest stories of the past week.
Silver Heritage Group has completed the acquisition of a 74,500-square meter parcel of land in Jhapa, East Nepal upon which it plans to build its second Nepal integrated resort, tentatively named Tiger Palace 2.
The Nepal government has dumped plans to introduce a Casino Act regulating the local casino industry, announcing that it will attach new casino-related laws to its Tourism Act instead.
Australian-listed Silver Heritage Group has recorded its strongest quarterly gross gaming revenue since listing in 2016, with GGR up 39%.