Saturday, July 13, 2024

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NagaCorp confirms death of its founder Chen Lip Keong 

The Cambodian gaming tycoon and founder of NagaCorp, Chen Lip Keong, has passed away at the age of 75, as announced by the company.

NagaCorp CEO reshuffle “surprising”: Expert

The recent dismissal of Cambodian gaming group NagaCorp's CEO – Finance and Treasury, Chen Cherchi, is "surprising" considering the scope of his previous executive responsibility and stake-hold in the group, gaming expert Daniel Li told AGB.

Son of NagaCorp’s late founder to leave executive positions

Hong Kong-listed NagaCorp has announced that Chen Cherchi, one of the sons of the group's late founder Chen Lip Keong, will stop serving as Chief Executive Officer - Finance and Treasury, and in any other executive position in the group, effective from May 16th.

NagaCorp’s former founder’s family trust to remain majority stakeholder

The Sakai Trust, a family trust established by the recently deceased founder of NagaCorp, Chen Lip Keong, continues to hold directly and indirectly about 69.26 percent of the gaming group, the company announced recently.

Cambodia borders reopening, but casinos face labor, maintenance woes

Cambodia was one of the first countries in Asia to welcome back international travelers, though its border casinos are struggling to reopen amidst staff and building maintenance issues.

NagaCorp splits CEO role into four parts, adds new life to management

Casino operator NagaCorp on Tuesday announced a shake-up of its senior level management, which sees the chief executive role helmed by Dr. Chen Lip...