Kazuo Okada released from Hong Kong bail conditions
Controversial gaming mogul Kazuo Okada has been granted an unconditional release from bail conditions previously imposed on him by Hong Kong’s Independent Commission Against Corruption (ICAC), according to a statement from Aruze Gaming. Okada was arrested in Hong Kong in...
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Pansy Ho’s Shun Tak renews hotel and ferry services agreement with STDM
Hong Kong’s Shun Tak Holdings has renewed its Master Products and Services Agreement with STDM – the parent company of Macau gaming operator SJM Holdings – in a deal that will see it continue to provide hotel management and travel-related...
Amax International boss sees shareholding grow from 6.44% to 29.90% in less than a month
Amax International Holdings Chairman and CEO, Ng Man Sun, has boosted his shareholding in the company for the second time this month after exercising conversion rights to a second batch of convertible bonds. Amax announced on Tuesday that it had...
Amax avoids HK$14 million expense as key investors granted increased shareholding
Asian gaming investor Amax International has entered into agreements with two of its individual investors, Mr Wong Kam Wah and Ms Cheng Wai Man, that will see them issued with additional share capital in the company in lieu of a...
Stanley Ho “in good shape” after being rushed to hospital emergency room
The family of Macau gaming supremo, Dr Stanley Ho, have described him as being “in good shape” following reports he was rushed to the emergency room of a Hong Kong hospital on Friday night. According to local media reports, the...
Bond conversion sees Amax International Chairman increase stake three-fold
The Chairman, CEO and Executive Director of Hong Kong-listed gaming investor Amax International Holdings, Ng Man Sun, has dramatically increased his holding in the company after exercising conversion rights to convertible bonds. In a filing, Amax said it had been...
Landing International warns of expected FY18 losses
Hong Kong-listed Landing International Development Limited has issued a profit warning ahead of the release of its FY18 financial results, stating it expects to record a loss for the year ended 31 December 2018. The loss is attributable to a...
Suncity Group’s Andrew Lo joins Summit Ascent board
Hong Kong-listed Summit Ascent Holdings Ltd, the controlling stakeholder of Russian integrated resort Tigre de Cristal in the Primorye special economic zone, has named Suncity Group executive director Andrew Lo as its newest board member. Lo has been appointed a...
