Richard Barker, an independent non-executive director of Australia-listed gaming operator Silver Heritage Group Ltd. will not stand for reelection at the company’s upcoming annual general meeting. The company announced last week that he had resigned, effective immediately.
His resignation was “to enable him to focus on other business interests,” said the company in a filing to the Australian Securities Exchange.
According to media reports, Barker was described by Silver Heritage as a specialist “in mergers and acquisitions, capital raisings and corporate financial advice.”
In its filing, the company said its board of directors thanked Barker for
“his input and efforts during his tenure as a director.”
Silver Heritage operates the Tiger Palace Resort Bhairahawa, a new Nepal property near the country’s border with the Indian state of Uttar Pradesh. The boutique casino operator also runs the Millionaire’s Club and Casino in Kathmandu, Nepal’s capital, and the Phoenix International Club, near Hanoi, in Vietnam.
The casino firm announced earlier this month that David Green, the firm’s chairman and non-executive director, had resigned with immediate effect.
