Sydney, Australia (ABN Newswire) - Donaco International Limited (ASX:DNA) achieved a series of major milestones during the 2014 financial year.

The most important development was the opening of the Aristo International Hotel in May 2014. Through this brand-new resort complex in northern Vietnam, Donaco now has a greatly expanded leisure and entertainment offering. This magnificent new property will underpin growth in the year ahead.

In order to capture more of that growth, DNA successfully increased their stake from 75% to 95% in a joint venture with the Vietnamese Government. This took effect on 1 January 2014.

While the Board and management team focused on the existing flagship business in Vietnam, they also placed a high priority on adding value to shareholders through corporate activity, announcing the spin-off of the mobile technology business, iSentric, into a separate ASX listed company. This transaction was successfully completed in September 2014, with shares in the newly listed entity distributed in specie, as a return to shareholders.

To view the Annual Report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-DNA-824362.pdf



About Donaco International Limited:

Donaco International Limited (ASX:DNA) operates leisure, entertainment and associated technology businesses across the Asia Pacific region. Our flagship business is the Lao Cai International Hotel, a successful boutique casino in northern Vietnam. The Lao Cai International Hotel was established in 2002, and is located on the border with Yunnan Province, China. Donaco operates the business and owns a 95% interest, in a joint venture with the Government of Vietnam. Donaco also owns and operates successful gaming technology businesses, including secure mobile payment gateways across South East Asia, and the Way2Bet wagering portal, whose customers include all major corporate bookmakers in Australia.



Source:

Donaco International Limited



Contact:

Donaco International Limited
Ben Reichel, Executive Director
T: +61-412-060-281
F: +61-2-9017-7001
WWW: www.donacointernational.com