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…"