Inside Asian Gaming

IAG JUL 2023年7月 亞博匯 14 MACAU LEGEND TO SELL LAOS CASINO SAVAN LEGEND 澳門勵駿以 4500萬美元出售 老撾SAVAN LEGEND賭場 MACAU LEGEND DEVELOPMENT LTD , the owner of the Macau Fisherman’s Wharf precinct and operator of satellite casino Legend Palace, has reached an initial agreement to sell its Laos casino, Savan Legend, in a US$45 million deal. The company said it has signed a Letter of Intent with Japanese businessman Shundo Yoshinari that would see him acquire Savan Legend pending the completion of due diligence and satisfaction of several condition precedents. Should the deal go through, Yoshinari will acquire the entire equity interest in Macau Legend subsidiary MLD Resorts Laos Limited, which wholly owns Savan Legend. Outlining the reasons for the sale, Macau Legend said, “Although the gaming and hotel business in Lao PDR was profit-making for the financial year of 2022, its financial performance is unstable and such business is subject to increasingly onerous restraints in Lao PDR, thereby limiting its profitability in the future. “If the Potential Disposal materializes, the Group can reallocate more financial resources to its business operation in Macau and for overall future development. The Board considers that the entering into of the Letter of Intent and the Potential Disposal is in the interests of the Company and the Shareholders as a whole.” Among the condition precedents listed by Macau Legend are that Savan Legend enters into a flat tax agreement with the government of Lao PDR on terms agreed by all parties, that the term of the initial gaming license shall be 99 years and that there are no adverse terms to Mr Yoshinari contained within the land tenancy certificate. The company said it expects to be paid the full US$45 million balance within three months of signing a non-disclosure agreement. 澳門漁人碼頭 所有者、衛星賭場勵宮的運營 商澳門勵駿創建有限公司已達成初步協議， 以4,500萬美元的價格出售其老撾賭場Savan Legend。 該公司透露，它已與日本商人Shundo Yoshinari簽署了一份意向書，將在完成盡職 調查和達成相關先決條件後由後者收購Savan Legend。 若交易完成，Yoshinari將收購澳門勵駿 子公司MLD Resorts Laos Limited的全部股 權，後者全資控股Savan Legend。 澳門勵駿在概述出售原因時表示：「儘管 老撾的博彩及酒店業務於二零二二年財政年度 錄得盈利，但其財務表現並不穩定，而該等業 務在老撾受到日益嚴苛的限制，因而限制了其 未來盈利能力。」 「倘潛在出售事項落實，本集團可以將更 多財務資源重新分配予其於澳門的業務營運及 作整體未來發展。董事會認為訂立意向書及潛 在出售事項符合本公司及股東的整體利益。」 澳門勵駿列出的先決條件包括：Savan Legend與老撾人民民主共和國政府訂立條款 由本公司及買方同意之統一稅協議；原有之博 彩牌照期限須為99年；相關的土地租賃證不包 含任何不利於買方的條文等。 該公司表示，預計將在簽署保密協議後三 個月內支付全部4,500萬美元的餘額。