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Tag Archives: Chow Tai Fook Enterprises

Vietnam – Suncity buys 35 per cent of Hoiana casino project

Hong Kong-based, Macau junket Suncity Group Holdings is snapping up a 34 per cent share in Hoiana a casino resort destination destined for the south of Hoi An in central Vietnam, for US$76.8m. The Hoiana project, which will be located in the Chu Lai Open Economic Zone in Quang Nam Province, includes investors such as…

Bahamas – Chow Tai Fook rules out STDM involvement in Baha Mar

Chow Tai Fook has stated that Macau operator Sociedade de Turismo e Diversões de Macau (STDM), would not be involved in the Baha Mar project in any way if its deal to purchase the property goes through. Former Baha Mar Director Dionisio D’Aguilar argued that CFTE was not suitable to invest in Baha Mar as…

Vietnam – Suncity joins VinaCapital for Vietnam project

Macau junket operator Suncity Group has confirmed it will be partnering with Vietnamese-based VinaCapital and Hong Kong property developer Chow Tai Fook Enterprises to build a US$4bn casino resort in the Vietnamese province of Quang Nam. The first phase of the development will include a hotel, casino, and golf course with the aim of opening…

South Korea – Chow Tai Fook wants to spend US$2.6bn on Incheon casino

Hong Kong’s Chow Tai Fook Enterprises, a subsidiary of Chow Tai Fook Jewellery Group, has confirmed it wants to invest US$2.6bn to construct a casino resort near South Korea’s largest airport. The resort casino’s location will be close to where two other huge casinos will be built, one by Caesars Entertainment and Lippo and one…