Aussie court freezes Thai casino vendors’ shares in Donaco

An Australian court has stopped three Thai vendors of the Star Vegas casino business in Cambodia from disposing their shares in casino operator Donaco International Limited, which is now part of a legal claim.

Donaco announced on Tuesday that the Supreme Court of New South Wales recently issued a freeze order on some 148 million Donaco shares held by several Thai vendors upon the request of the casino operator.

The vendors were identified as Somboon Sukcharoenkraisri, who also had a Cambodian passport under the name of Lee Bug Leng; Techatut Sukcharoenkraisri, also known as Lee Bug Huy in Cambodia; and Bhuvasith Chaiarunrojh, who uses a Cambodian name Lee Bug Tong.

In his order, Justice James Stevenson restrained the Thai vendors or their representatives from either selling or disposing of the shares until the Singapore arbitration court issued a final resolution on Donaco’s complaint.