Original article by Matthew Cranston
The Australian Financial Review – Page: 38 : 17-Feb-15
China Capital Investment Group has paid around $A30m for Daydream Island in Queensland. The Chinese company intends to expand and upgrade the resort, which was previously owned by businessman Vaughan Bullivant. The deal represents China Capital Investment Group’s first foray into the Australian market, although other Chinese groups have been active in the tourism sector
CORPORATES
DAYDREAM ISLAND PTY LTD, CHINA CAPITAL INVESTMENT GROUP, LINDEMAN ISLAND PTY LTD, WHITE HORSE, CAPRICORN TOURISM, CHINA-AUSTRALIA ENTREPRENEURS ASSOCIATION INCORPORATED, AUSTRALIAN LABOR PARTY