NEW YORK and HO CHI MINH CITY, Vietnam, Aug. 14, 2012 /PRNewswire/ -- Star Entertainment Group, Inc. (PINKSHEETS: SETY) today announced the appointment of new CEO/Chairman of the Board, Mr. Nhue A. (N.A.) Le from Ho Chi Minh City, Vietnam.

Additionally, Mr. Khiem Nguyen, also from Ho Chi Minh City will take over responsibilities as new CEO for both Zenetek and Modiax.com. Star Entertainment's new headquarters/operational facilities will be relocated to Ho Chi Minh City, Vietnam as part of this new transition.

Mr. Le, an investment banking executive with a degree and solid background in Computer Software Services, has played an instrumental role in financing and corporate restructuring technology firms in Vietnam and Southeast Asia for the past several years. Mr. Le will assume day-to-day management role for Star Entertainment and spearhead its future merger and acquisition activities.

Mr. Nguyen, a former Software Developer/Consultant with several top tier consulting firms in US and aboard for the past several decades, is Star's top candidate to run both Zenetek and Modiax.com. He has extensive consulting services, software development and maintenance which will play a vital role in keeping check and balances on all current and future Web 2.0 and Mobile Apps developmental work for both companies and operating subsidiaries.