Monday, June 27, 2022


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Suncity Group to use fiscal reserves to cover shareholder losses


Casino and junket operator Suncity Group on Tuesday announced fiscal measures to “enhance shareholders’ confidence” in the group’s future pros

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Sands China declares HK$0.99 interim dividend


Hong Kong-listed Sands China has declared an interim dividend of HK$0.99 per share payable to shareholders of the company. According to a filing fr

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Empire Resorts shareholders approve acquisition from Genting


Shareholders of Empire Resorts have approved of its merger with Genting Malaysia, which will see Genting own 38.3 percent of the company. Earlier t

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SG takes legal action against HK headquartered shareholder


Scientific Games is taking legal action against one of its shareholders after it repeatedly refused to comply for requests for information and disclos

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Summit Ascent main shareholders mull share disposal


Summit Ascent Holdings, operators of Tigre De Cristal, has announced that its main shareholders, First Steamship Co Ltd, and Summit Ascent chairman Ku

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GPI-Angel merger gets green-light from shareholders


Stockholders of US-listed Gaming Partners International (GPI) have officially approved the company’s tie up with Japanese playing cards manufacturer

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Melco to repurchase $500 mln in shares over next three years


Melco Resorts has confirmed the launch of a share repurchase program, which will allow it to purchase up to US$500 million of Melco Resorts shares / A

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Tabcorp shareholders vote against executive bonus scheme


Shareholders of Australia-listed Tabcorp are up in arms over the company’s decision to ramp-up the bonuses awarded to its executives following its m

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Lotte Tour announces rights offering


Lotte Tour Development Co., the company behind Jeju Dream Tower, has announced KRW 240 billion (US$213.6 million) rights offering to complete construc

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MQ Tech seeks diversification into gaming


Malaysian company MQ Technology Bhd is seeking shareholder approval to diversify into gaming related businesses, according to a recent filing to Bursa

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Suncity gets shareholder nod for Hoi An acquisition


Suncity Group Holdings has received shareholder approval for its acquisition of a 34 percent stake in the US$4 billion integrated resort project locat

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Neptune rebranding gets shareholder approval


Hong Kong-listed Neptune Group Ltd has obtained shareholder approval for its name change to “Rich Goldman Holdings Limited”. Last month, Neptune p

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Neptune Group proposes name change


Hong Kong-listed Neptune Group Ltd is proposing to change its English name to “Rich Goldman Holdings Ltd, which it says will better reflect the grou

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Amax shareholder questions VR/AR acquisition


A substantial shareholder of Amax International Holdings has questioned the casino investor about its recent acquisition of AR/VR technology business,

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Hedge fund challenges NagaCorp convertible bond deal


Hedge fund Nine Masts Capital is challenging the revised terms of the convertible bond deal between NagaCorp and its founder, arguing that the agreeme

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Family dispute over Donaco shares heats up


Genting chairman and CEO Lim Kok Thay has filed an affidavit against two of his nephews, Joey Lim Keong Yew and Benjamin Lim Keong Hoe, disputing thei

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Success Dragon may shift majority shareholder


Hong Kong-listed Success Dragon International Holdings has announced a new deal that may see a change in the company’s majority shareholder. Accordi

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Shareholders approve Delta Corp, Adda52 merger


Delta Corp Ltd. has been given the shareholder green-light to merge with Gauss Networks, the parent company of poker website Adda52.   In a court-con

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Melco acquires larger share of MCE; Packer resigns as director


  Melco International Development Limited today announced that it has signed a privately negotiated agreement to purchase 198,000,000 ordinary shares

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