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GGRAsia – Paradise Ent renews supply deal with Jay Chun in-law

Hong Kong-listed gaming equipment and casino services firm Paradise Entertainment Ltd is renewing for 2021 a “supply framework agreement” with an in-law of Jay Chun, the firm’s chairman (pictured). Feng Linyi, Mr Chun’s brother-in-law, is described in the Thursday filing as a person controlling companies which will “purchase and/or lease… products from the group” at an 8 percent to 10 percent discount either to Paradise Entertainment’s list prices or to its normal rental fees. P...
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