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The Star Extends Key Agreement Deadline, Faces $36.5M Repayment Risk
9:56am on Monday 7th of July, 2025 AEST
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Consumer Discretionary
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The Star Extends Key Agreement Deadline, Faces $36.5M Repayment Risk
9:56am on Monday 7th of July, 2025 AEST
Key Points
Termination date for heads of agreement extended to 31 July 2025
The Star must repay $10 million received from joint venture partners
Additional reimbursement of approximately $26.5 million for equity contributions required
Negotiations continue with joint venture partners Chow Tai Fook and Far East Consortium
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