Sun City Group Holdings Limited, through its subsidiary SGMC (Sihanoukville), has outlined the assistance it will provide in the building of Golden Sun Sky Entertainment Co., Ltd.’s integrated resort (IR) in Sihanoukville Province, Cambodia.
In a filing at the Hong Kong Stock Exchange, Suncity said it had agreed to take on pre-opening operations and provide “technical services” in the design of the 120,000 square-meter casino, which is part of the 550,000 square-meter resort, scheduled to open on March 31, 2020.
“The Directors believe that the entering into of the Technical Services Agreement and Casino Management Agreement will allow the Group to expand its customer base to Cambodia and at the same time enable the Group to leverage on the Boards’ expertise in the gaming market,” Suncity’s announcement read.
The partnership grants SGMC Sihanoukville, “from the Anticipated Opening Date the exclusive right, authority and discretion during the Operating Term and any extended term,” to carry out its services.