Tag Archives: Hong Kong Stock Exchange
- Landing International to expand in UK
December 14, 2015
Hong Kong-listed property developer Landing International hopes to expand and diversify its gambling operations to other markets. Its first stop? The UK. Landing International Development Ltd. has won a bid to acquire UK casino operator Les Ambassadeurs Club Ltd. for £137 million ($207.4 million). The acquisition, which will be funded...
- Melco International’s H1 net profit plunges 88%
September 1, 2015
Lawrence Ho’s Melco International Development posted an 88 percent drop in attributable profits for the first half of 2015. In a statement filed with the Hong Kong Stock Exchange on Monday, the conglomerate reported that its net profit plunged to HK$111.1 million ($14.3 million) in the first six months of...
- Gambling stocks take a plunge in Hong Kong
August 4, 2015
Stocks of Wynn Macau, SJM Holdings and Galaxy Entertainment suffered losses after Hong Kong stocks closed 0.91 percent lower on Monday. Gambling companies suffered losses after Hong Kong stocks closed 0.91 percent lower on Monday. Wynn Macau dropped 4.6 percent to $1.97 (HK$15.28), while SJM Holdings and Galaxy Entertainment tumbled...
- Macau Legend to invest $275m in Cape Verde casino
July 23, 2015
Macau Legend Development Ltd. has signed a contract to build an integrated resort and gaming facility complex in Cape Verde. In a filing with the Hong Kong Stock Exchange, Macau Legend revealed that the agreement involves a $275m (HK$2.15b) investment for the project located on the islet of Santa Maria...
- Melco Crown’s last day of Hong Kong trading
June 29, 2015
Macau casino operator Melco Crown Entertainment’s shares will be withdrawn from the Hong Kong Stock Exchange (HKEx) on Monday, as conditions for delisting have all been satisfied on June 26, 2015. “The last day of dealings in the shares on the Stock Exchange is on Monday, June 29, 2015, and...
- Melco Crown to delist from HKSE on July 3; Genting HK buys Crystal Cruises
March 4, 2015
Macau casino operator Melco Crown Entertainment Ltd. is expected to withdraw its listing from the Hong Kong Stock Exchange (HKSE) on July 3, 2015, the company said in a filing to the HKSE. Melco Crown filed an application stating its voluntary withdrawal from the exchange in January. Shareholders will vote on the...
Melco Crown preps rebirth as Melco Resorts & Entertainment
March 17, 2017