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Sun International shares up

11 Oct 2006

JOHANNESBURG, South Africa – As reported by Reuters: "Shares in South Africa's biggest casino and hotel company Sun International jumped 3 percent on Wednesday after it said it was planning a major casino investment in Russia.

"Shares in Sun International, which runs South Africa's Sun City resort, rose 3.1 percent to 100 rand by 0757 GMT, outpacing a slightly weaker Johannesburg mid-cap index.

"The company said late on Tuesday it planned a significant investment to build a casino complex with Russian Belaya Dacha Group near Moscow.

"The proposed project -- which would be Sun International's first major foray outside Africa -- is sited south-east of Moscow…"

 
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