SOUTH MOLLE ISLAND IN CHINESE HANDS
Written on the 10 August 2016
CHINA Capital Investment Group (CCIG) has bought its second island in the Whitsundays.
Its small resort, The Koala Adventure Island Resort, has received a series of shocking reviews on Trip Advisor.
Daydream Island Resort and Spa chief executive officer Scott Wilkinson pointed to the fact there could be "future development" on the island.
Founded in 1995, China Capital Investment Group specialises principally in investment in China's real estate, mining and infrastructure sectors.
A resort on South Molle Island was first established in 1937. In 1970, cyclone Ada destroyed the island's resort.