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HK-based firms join Echo for Brisbane casino venture

Published Mon, Jun 23, 2014 · 10:00 PM
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[SYDNEY] Chow Tai Fook Enterprises Ltd, owner of the world's largest listed jeweller, and property developer Far East Consortium International Ltd will bid with Echo Entertainment Group Ltd to develop a new Brisbane casino.

The two Hong Kong-based companies will each take 25 per cent stakes in the project, Brisbane-based Echo said in a regulatory statement yesterday. The government of the city's Queensland state last month shortlisted Echo, Chow Tai Fook, and two other companies to develop a casino and tourism resort at the …

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