Tag: Silver Heritage Group

Silver Heritage net loss rises due to Tiger Palace impairment charge

Silver Heritage Group financial results
ASX-listed Silver Heritage Group reported its full-year net loss attributable to shareholders rose by 215.4 percent from the prior year, mainly due to an impairment charge to with the company’s Nepal operations.

Silver Heritage set to continue Nepalese investment

Nepal Silver heritage investment
Silver Heritage Group has announced it will continue its investment in Nepal’s hospitality and gambling industry, with new resorts designed to target..

Silver Heritage acquires land for second Tiger Palace Resort

Silver Heritage Group, Tiger Palace Resort, business, Jhapa
Australia-listed Silver Heritage Group has purchased a parcel of land in East Nepal for $3.2m, which it says will be used for its Tiger Palace Resort Jhapa project. The firm acquired 7.45 hectares in Jhapa, in Province No. 1. A filing on 27 August, detailed that the company had previously reached an agreement to purchase 11.5 hectares of land in...

Silver Heritage raises Nepal casino budget and revamps project leadership

Casino Review - Nepal Silver Heritage
Asian casino operator and developer Silver Heritage Group has increased the budget on its Tiger Palace Resort Bhairahawa resort, situated on the country’s border with India, by a third.   It has also pushed back the completion timetable for the project - originally scheduled for a February soft opening - to later in 2017, and has initiated a capital raising exercise. While...

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