Donaco International Limited (ASX:DNA) is pleased to announce the settlement of the Loan Facility with its main lender Mega International Commercial Bank Co Ltd, known as Mega Bank. The Loan Facility was settled on 30 December 2021 as per schedule.
Donaco International Ltd (ASX:DNA) Lender Approval Received for Star Vegas Settlement
Lender Approval Received for Star Vegas SettlementSydney, Dec 22, 2020 AEST (ABN Newswire) - Donaco International Limited (
FRA:UGS) is pleased to announce securing the approval from lender Mega Bank on the settlement of all legal cases for the Star Vegas Resort and Club ( Star Vegas ).
The waiver is in relation to the successful settlement of all legal cases with the Thai Vendor as part of the provisions of a Facility Agreement with the lender.
Donaco is extremely pleased of securing this approval as the Company continues to work with Mega Bank and pay down the debt facility under the agreement.