Australia, July 24 -- New South Wales Land and Environment Court issued text of the following judgement on June 24:
1. By Originating Process filed on 13 June 2025, the Plaintiff, Donaco International Ltd ("Donaco") applies for orders under ss 411 and 1319 of the Corporations Act 2001 (Cth) ("Act") in respect of a proposed scheme of arrangement.
2. By way of background, Donaco is a public company listed on the Australian Securities Exchange ("ASX") which operates leisure and entertainment businesses across the Asia Pacific region, including the Star Vegas Resort and Club in Cambodia and the Aristo International Hotel in Vietnam. Under the proposed scheme of arrangement, Donaco and On Nut Road Ltd ("ONR") have agreed that ONR will acquire ...