Man founder and director buys Crown Limited and Virgin
Blue shares - 12th October 2009
Media Man Australia director and
founder, Greg Tingle, has today purchased a modest
amount of Crown Limited (CWN) and Virgin Blue
Holdings Limited (VBA) shares.
Man Australia director, Greg Tingle commented
"We are very excited at our investment into
both Crown and Virgin today. Both companies show
tremendous leadership from the top down, and we
have enjoyed positive dealings with the companies
over the years. We think they represent the world's
best in the entertainment, lifestyle and leisure
sector, and our share purchase today is a real
and tangible show of our support and confidence
in the companies. They are weathering the world's
financial storm better than most and have substantial
assets and risk management across a number of
business verticals, so they are not at the mercy
just one business sector, be it gambling or aviation.
We are very impressed and take a keen interest
in both Crown Casino poker satellite events and
Virgin's Virgin Games and Virgin Unite arms. Mr
Branson and Mr Packer have met and we think great
possibilities exist for both to collaborate to
the next level. Media Man Australia is keen to
build upon our existing history with both fine
Man Australia business arms include Casino News
Media, Global Gaming Directory, Australian Casino
News and Property News Media.
Man Australia do have some b2b dealings with Crown
and Virgin, the details of which are commercially
sensitive in nature.