Genting scions raise stake in Australia and eye gaming deals in Asia

9 October 2012

Reuters reports that two scions of Malaysia's Genting gaming empire, Joey Lim Keong and Ben Lim Keong Hoe, signed a deal today by which their company, Donaco Singapore, will acquire 95 percent of Two Way Limited, to be renamed Donaco International Ltd.

The initial focus will be on expanding the Lao Cai International casino and hotel complex in Vietnam, which represents all of Donaco's assets, but two similar projects are also in the works, as well as a casino cruise ship, according to the Reuters report.

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