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Malaysia firm signs on to Poipet casino project

Malaysia firm signs on to Poipet casino project

Malaysia’s MQ Technology Bhd, a loss-making firm that has been involved manufacturing moulds, tools, dies, jigs, fixtures and car spare parts, has partnered with marketing firm Vivo Tower Ltd to run several gaming and non-gaming facilities at Donaco’s Star Vegas casino in Poipet, according to a filing on the Malaysian stock exchange.

According to the firm’s filing, the deal will “exclusively develop and implement marketing services as well as to provide manpower for Vivo Tower’s conduct of operations”. Vivo Tower previously inked an agreement with Donaco last June seeing it pay the firm an annual fixed fee of $1.5 million in 2018 and then $3 million for the following years for the right to organise the junkets.

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