Philippines-based HatchAsia Inc has completed its takeover of Australian-listed Southeast Asian casino operator Silver Heritage Group, with six new directors replacing the former board as of last Friday.
Former CEO Mike Bolsover, Chairman Matthew Hunter and fellow director Darryl Kaplan are no longer associated with the company, replaced by representatives of the new ownership group, among them HatchAsias President and CEO Kirk A. Arambulo and DFNN Inc Executive Director Ramon C. Garcia Jr.
DFNN, which was recently the first company to receive a license from Philippines gaming regulator PAGCOR to offer domestic online gaming services under the nations new PIGO scheme, owns almost 19% of HatchAsia.
Also on the new board is Rafael Jose …
Read the full article at: https://www.asgam.com/index.php/2021/01/25/silver-heritage-administrators-hand-control-of-company-to-new-board-of-directors/
