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Far East Consortium said that it will defer the distribution/coupon payment on its $360mn 12.814% Perp, in an exchange filing. The coupon is originally due on 18 April 2026. The company did not cite any specific reason for the deferral. In related news, Far East Consortium and Chow Tai Fook Enterprises (CTFE) took full ownership of an AUD 3.6bn ($2.5bn) Brisbane casino project after guaranteeing the state government that they would keep construction on schedule. The deal commits Far East and Chow Tai Fook to an estimated AUD 496.4mn ($341.4mn) in remaining development costs. This comes after troubled operator Star Entertainment agreed to sell the waterfront property in March 2025.