Far East Consortium completes acquisition of Star Group’s 50% stake in DBC

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Star Group LP

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  • Acquisition of Star Group 50% equity interest in Destination Brisbane Consortium (DBC) completed on March 31, 2026.
  • Post-close ownership split set at 50% Far East Consortium, 50% Chow Tai Fook Enterprises.
  • Transfer of joint venture partners’ 66.66% stake in Destination Gold Coast Consortium to Star Group targeted for second half of 2026.
  • DBC purchase of Treasury Brisbane car park and Treasury Hotel expected to close in second half of 2026.
  • Group estimated gain before tax pegged at about HKD 1 billion, assuming remaining steps close in second half of 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Far East Consortium International Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260331-12085939), on March 31, 2026, and is solely responsible for the information contained therein.

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