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The Star Rejects Brisbane JV Sale Offers Amid Liquidity Pressure
9:17am on Monday 2nd of June, 2025 AEST
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Entertainment
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The Star Rejects Brisbane JV Sale Offers Amid Liquidity Pressure
9:17am on Monday 2nd of June, 2025 AEST
Key Points
Received non-binding proposals from CTFE and FEC for 50% interest in Destination Brisbane JV
Board concluded proposals do not offer sufficient value
Ongoing negotiations with potential buyers remain uncertain
Company exploring various liquidity solutions amid financial pressure
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