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Tag Archives: Perpetual

Australia – Genting offloads five per cent of Star Entertainment

The Australian media has reported that Perpetual Investment Management has increased its shareholding in the Star Entertainment Group buying some of the 5.62 per shares that Malaysian casino operator Genting Group has sold at AU$5.07 per share. Sources suggested Crown or related entities may have bought some of the shares on offer Genting is believed…

Australia-Perpetual gets green light to surpass ten per cent in Echo

Perpetual Investments, a fund manager, has stolen a lead on Crown and Genting by becoming the first of the three to win regulatory approval increase its stake in Australian casino operator Echo to beyond the 10 per cent threshold. Echo, which owns the The Star casino in Sydney and three casinos in Queensland, said that…