Core Viewpoint - The stock of NagaCorp (03918) has declined over 4%, currently trading at HKD 4.59 with a transaction volume of HKD 34.06 million, amid escalating conflicts in the Cambodia-Thailand border region [1] Group 1: Company Overview - NagaCorp is the largest operator in the gaming and hotel industry in Cambodia [1] - The company has recently terminated a financing agreement for the Naga 3 project with its major shareholder, resulting in a forfeiture of USD 316 million to be added to its reserves [1] - Despite the termination of the agreement, NagaCorp plans to continue the development of the Naga 3 project and will assess the remaining development plans, exploring alternative funding sources if necessary [1] Group 2: Industry Context - The Cambodia-Thailand border has seen renewed violent conflicts since December 7, prompting the Chinese embassy in Cambodia to advise citizens in the area to enhance safety precautions [1] - The Chinese Ministry of Foreign Affairs' special envoy for Asian affairs is scheduled to visit Cambodia and Thailand to mediate the border conflict [1]
金界控股再跌超4% 柬泰边境冲突继续发酵 公司为柬埔寨最大博彩公司