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CROWN RESORTS LIMITED (ASX:CWN) - News: CWN Crown Resorts updates on detention of Crown employees in China, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
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News: CWN Crown Resorts updates on detention of Crown employees in China

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    26/06/17
    15:45
    Post #: 25494666

    June 26 (Reuters) - Crown Resorts Ltd (CWN)

    • Update on detention of Crown employees in China
    • 17 current and two former employees of Crown Group were convicted by Shanghai Baoshan District Court
    • 16 of 19 defendants were fined a total of RMB8.62 million, which converts to approximately AUD1.67 million
    • Fine amount is being paid ex gratia by crown.
    • Of 16 defendants who were fined, 11 were also sentenced to a period of incarceration of 9 months and 5 to a period of 10 months
    • Ddefendants include three Australian Citizens, Jason O'connor, (Jane) Pan Dan And Jerry Xuan
    • One of other defendants is a Malaysian citizen and remaining defendants are Chinese Citizens.
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