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    1076 — Imperial Pacific International Holdings News Story

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    Brief: Imperial Pacific International Updates On Suspension Of Unit's License

    Picture of Imperial Pacific International Holdings logoImperial Pacific International Holdings
    23/04/2021 15:50
    April 23 (Reuters) - Imperial Pacific International Holdings
Ltd  1076.HK :
    * UNIT RECEIVED ORDER FROM COMMONWEALTH CASINO COMMISSION
THAT
CASINO RESORT DEVELOPER LICENSE IS SUSPENDED
    * UNIT SHALL PAY ANNUAL LICENSE FEE OF US$15.5MLN & CASINO
REGULATORY FEE OF US$3.1 MILLION IMMEDIATELY
    * UNIT SHALL PAY PENALTIES OF US$6.6 MILLION
    * SINCE 17 MARCH 2020, CASINO IN IMPERIAL PALACE‧SAIPAN HAS
SUSPEND OPERATIONS TO HELP CURB SPREAD OF COVID-19

Source text for Eikon:  ID:nHKS4pbl6B 
Further company coverage:  1076.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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