The casino operator’s shares will remain suspended this week and the board has gained a few weeks to assure themselves that the company is a going concern.
Former Star Entertainment chief executive Matt Bekier has rejected claims he may have breached his duties by relying on other executives to alert him to any probity issues relating to junket operators.
The ailing casino operator’s ex-chief executive Matt Bekier said he had asked to see a damning report into Star’s Chinese gambling partner, Suncity, in 2019 but did not receive it until years later.
Disgraced company founder Richard White has effectively been handed control of WiseTech after its independent board members quit, but the subsequent share plunge has cost him billions.
Australia’s largest steelmaker is feeling the heat from US steel tariffs, a glut from China and the collapse of Whyalla Steelworks, so why are its shares soaring?
Australia’s largest steelmaker is feeling the heat from US steel tariffs, a glut from China and the collapse of Whyalla Steelworks, so why are its shares soaring?