CWN 0.25% $12.09 crown resorts limited

June 15 (Reuters) - Crown Resorts Ltd (CWN) : Intends to pursue...

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    June 15 (Reuters) - Crown Resorts Ltd (CWN) :

    • Intends to pursue a demerger of certain international investments to create a separately listed holding company
    • Intends to adopt a new dividend policy to pay 100% of normalised net profit after tax effective immediately
    • Intends to explore IPO of 49% interest in a property trust which would own Crown Resorts' Australian hotels, co to retain 51% interest
 
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Currently unlisted public company.

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