Tag Archives: SJM Holdings
- SJM Holdings revenue, earnings and profit all down in H1
August 1, 2017
Bucking overall market trends, Macau casino operator SJM Holdings reported revenue, earnings and profit declines in the first half of 2017. Figures released Tuesday show the Hong Kong-listed SJM’s gaming revenue falling 2% year-on-year to HKD 20.4b ($2.6b) in the six months ending June 30, while adjusted earnings fell 7.7%...
- Macau’s gambling king Stanley Ho steps down from Shun Tak Holdings
June 26, 2017
After serving the Shun Tak Holdings board for more than four decades, Macau's gambling king Stanley Ho is handing over the reins of the Hong Kong conglomerate he founded to his daughter, Pansy Ho. In a filing to the Hong Kong Stock Exchange, the company said the 95-year-old magnate has...
- Daisy Ho receives 3M share options from SJM Holdings
June 23, 2017
Macau casino operator SJM Holdings Ltd. has granted its newly-installed executive director, Daisy Ho, 3 million share options in the company. In a filing to the Hong Kong Stock Exchange, the casino operator said the options entitle Ho to subscribe for a total of 3 million ordinary shares of SJM...
- Daisy Ho officially ushered in as new executive director of SJM Holdings
June 14, 2017
Macau casino operator SJM Holdings has appointed a new executive director after Dr. Rui Jose da Cunha retired from the board early this week. Daisy Ho, a daughter of SJM Holdings’ founder Stanley Ho by his second consort, will replace da Cunha as executive director, effective June 13, the Hong...
- SJM revenue falls while profit rises on premium mass boost
May 4, 2017
Macau casino operator SJM Holdings posted higher profits despite lower revenue thanks to increased activity in its premium mass business. Figures released Thursday show SJM’s gaming revenue falling 5.3% year-on-year to HKD 10.4b (US $1.33b) in the three months ending March 31. Despite the decline, adjusted earnings inched up 0.7%...
- SJM Holdings rolls out up to 9.1% pay hike for Macau staff
April 5, 2017
Despite having a dismal 2016 performance, casino operator SJM Holdings is doing it right with its staff in Macau. Starting April 1, “eligible employees” of the Macau-based company will receive a salary increase between 2.5 percent and 5.1 percent, GGRAsia reported, quoting an SJM Holdings statement issued in Chinese. There...
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