MGM Resorts said it remains committed to Macau and will continue to act in the best interests of its stakeholders and shareholders. The comment came after a letter from an investor urging it to sell a stake in MGM China.
Shareholders of South Shore Holdings Limited decisively rejected a motion from one major shareholder at a special general meeting held on Friday to wind up the company, a result which represented a victory for the incumbent board of directors.
Suncity Group Holdings has been given three investor relations awards from the Hong Kong Investor Relations Association.
Chan Weng Lin, also known as Levo Chan, chief executive of the junket-related Tak Chun Group, has become the largest shareholder in Macau Legend Devel
Donaco International has appointed the Thai vendor of its Star Vegas property in Cambodia to its board of directors as part of an accord for underwriting a share issue in the company.
Melco Resorts & Entertainment said one of its units will take up all of its entitlement to shares in a $500 million private placement from Studio City International Holdings and will also buy up any remaining shares that are unsubscribed.
Canada-based The Stars Group said it agreed to buy out minority shareholders in BetEasy, its Australian sports betting unit for AS$151 million ($103.2 million).
Donaco International has asked the Australian Government Takeovers Panel to restrain two shareholders from acquiring, transferring, or divesting their shares in the company.
Genting Malaysia is being sued by a minority shareholder of Empire Resorts who claims that the operator is undervaluing the U.S. company.
Travellers International Hotel Group began its tender offer to public shareholders on Monday, with the aim of delisting from the Philippine Stock Exchange.
Shareholders in Australia-listed Donaco International have voted overwhelmingly to remove founders Joey Lim Keong Yew and his brother Benjamin Lim Keong Hoe from its board of directors.
Sands China said its board has recommended a final dividend of HK$1.00 ($0.13) per share for 2016, unchanged from the prior year. The dividend will be
New Zealand-listed SkyCity Entertainment intends to raise NZ$263 million of new equity from its shareholders to “fund future growth projects”. In
Macau junket investor Iao Kun Group said rolling chip turnover plunged 36 percent year on year in April. The junket operator reported rolling chip tur
Louis XIII Holdings Ltd. has announced it has changed its English name to “The 13 Holdings Ltd.”, with effect from May 3, 2016. In a filing to the
Casino operator Genting Malaysia Bhd has declared a final single-tier dividend of RM 0.043 (US$0.01) per ordinary share for 2015. In 2014, the casino
HK-listed Neptune Group Limited has proposed to consolidate every 10 issued shares into one consolidated share. The company in its announcement to the
Land and Buildings Investment Management issued an investor presentation providing a detailed analysis supporting what it views as the urgent need for
MGM Resorts has hit back at an investment fund that is pushing for board and structural changes at the casino operator and said it has appointed Everc
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