Star Entertainment Group Ltd is seeking “possible liquidity solutions” to address its worsening financial position and expects to receive “one or more liquidity proposals” today.
The company can only finalise its half-year financial report, due today, if its board believes these proposals will support its viability. Its shares remain halted on the ASX.
“If the report is not lodged today, the company’s shares will be automatically suspended from trading on Monday,” Star told the ASX.