Australia-listed casino investor Frontier Capital Group has appointed a former employee of Genting Group as its new executive chairman.
The company said in a filing with the Australian Stock Exchange that Henri Ho joined Frontier Capital effective April 15.
A veteran with more than 17 years of experience in the gaming and hospitality sectors, Ho was a certified public accountant and had trained at KPMG Peat Marwick Malaysia before joining Genting Group. At Genting, Ho “obtained vast knowledge in setting up and operating of casinos and integrated resorts.”
Ho’s appointment came just as Frontier Capital is finalizing its plans to take over a gaming property in the Philippines. Back in January, shareholders greenlighted the company’s proposal to acquire Stotsenberg Leisure and Hotel Corp. for a total consideration of US$26 million.