On 25 March, Palasino Holdings Limited ("Palasino", stock code: 2536.HK), which was spun off from Far East Consortium (00035.HK), was successfully listed on the Main Board of the Hong Kong Stock Exchange, raising a total of about HK $371 million.

As the first European gaming and leisure group to be listed in Hong Kong, Palasino covers gaming operations in the Czech Republic and hotel businesses in Germany and Austria. Its revenue comes mainly from the European market, which is the first of its kind in the Hong Kong stock market.

Reed Smith Richards Butler LLP acted as the Hong Kong legal adviser to the company and DeHeng Law Offices acted as the Hong Kong legal adviser to the sponsor.