Tuesday, November 29, 2022

Tag: tiger palace

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 settles with ex-Nepal casino partner

Tiger Palace
Australia-listed casino operator and developer Silver Heritage Group has settled a legal dispute with its former partner in the Tiger Palace Resort in Bhairahawa, Nepal. The company told the Australian Securities Exchange that a former consultant to the $52m project, Rajendra Bajgain, and his brother, Nabaraj Bajgain, had sold their shares in SHL Management Services (KTM), a subsidiary which operates...

Silver Heritage’s Tiger Palace to open in March, second Nepal IR on the cards

Casino Review - Nepal Silver Heritage
Tiger Palace Resort Bhairahawa is finally set to open its doors in March, but opinions remain divided over how lucrative Nepal’s India-facing market will be. Australian-listed Silver Heritage has announced that the hotel, gaming and hospitality facilities at Tiger Palace Resort Bhairahawa will become fully operational in March, while the property’s VIP rooms will launch in Q4 2018. In a regulatory...

Silver Heritage pushes ahead with Tiger Palace opening

silver heritage tiger palace
  Australian-listed casino operator Silver Heritage Group held a soft opening for the hotel portion of its Tiger Palace Resort Bhairahawa in Nepal, with the casino opening set to follow in roughly six weeks.   “The development of Tiger Palace continues ahead of schedule and within the revised budgeted cost of $51.8m, and the first paying hotel guests are booked in for...