CWN crown resorts limited
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Aug 9 (Reuters) - Crown Resorts Ltd (CWN) : COMMENCED...

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    09/08/18
    10:10
    Post #: 34824300

    Aug 9 (Reuters) - Crown Resorts Ltd (CWN) :

    • COMMENCED PROCEEDINGS AGAINST BARANGAROO DELIVERY AUTHORITY IN COMMERCIAL LIST OF SUPREME COURT OF NEW SOUTH WALES
    • PROCEEDINGS SEEK INJUNCTIVE RELIEF & DECLARATIONS AGAINST BDA
    • CROWN SYDNEY PROJECT REMAINS ON SCHEDULE FOR COMPLETION IN H1 OF 2021; EXPECTED NET PROJECT COST OF APPROXIMATELY $1.4 BILLION
    • INJUNCTIVE RELIEF & DECLARATIONS IN SUBSTANCE REQUIRE BDA TO COMPLY WITH SOME CONTRACTUAL OBLIGATIONS UNDER CROWN DEVELOPMENT AGREEMENT
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