DNA donaco international limited

Ann: Update on Progress of Star Vegas Settlement, page-6

  1. 4,427 Posts.
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    Border between thailand and Malaysia will reopen this weekend.. Poipet border should reopen soon.

    https://thethaiger.com/coronavirus/thai-malaysian-border-set-to-open-this-weekend

    with the low active infection rate between the asian countries.

    we might see a travel bubble between thailand and cambodia.. and a travel bubble between vietnam and china.

    air travel will be restrictive for the next 18 months, this could be beneficial for star vegas and aristo. As most of their clientele are within driving distance.

    the loan negotiation have until june to settle, donaco and mega bank is not in any hurry to lock in a deal.. its a wait a see approach.. Mega bank waiting for border to reopen to be sure the business is viable. Donaco also wait after border reopen, to so they can negotiate a better rate deal with mega bank.. not much is going to happen until the border reopen.. Share price won’t stay at 3 cents after border reopen either.
 
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Mkt cap ! $51.88M
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