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. Paradise Entertainment said it would “regularly collate updated information” on the prevailing ma...
Source: ggrasia.com