Why The Star Entertainment Group (ASX:SGR) is in focus today
The Australian Securities & Investments Commission (ASIC) has launched civil penalty proceedings in the Federal Court against eleven…
Why The Star Entertainment Group (ASX:SGR) is in focus today
The Australian Securities & Investments Commission (ASIC) has launched civil penalty proceedings in the Federal Court against eleven current and former directors and officers of The Star Entertainment Group Limited (ASX:SGR). These officers are being alleged to have breached their duties.
The civil proceedings are on under section 180 of the Corporations Act.
Meanwhile, the shares of The Star Entertainment Group traded at AU$2.580 apiece at 1:51 PM AEDT on the ASX.
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