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Macau Legend Development Ltd (1680.HK)

1680.HK on Hong Kong Stock

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7:59am GMT
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Latest Key Developments (Source: Significant Developments)

Macau Legend Development's Unit To Acquire Stake In Lai Ieng Investment Co
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Macau Legend Development Ltd <1680.HK>::RAISING INVESTMENT & LAI VA INVESTMENT TO SELL 21.5% OF SHARE CAPITAL & LOAN OF LAI IENG INVESTMENT FOR HK$84.5 MILLION.UNIT TO ACQUIRE 21.5% STAKE IN LAI IENG INVESTMENT CO & ASSOCIATED SHAREHOLDER LOAN.  Full Article

Macau Legend Development Announces Acquisition Of Howing Enterprises
Sunday, 30 Dec 2018 

Dec 31 (Reuters) - Macau Legend Development Ltd <1680.HK>::ANNOUNCES ACQUISITION OF HOWING ENTERPRISES CO., LTD.TOTAL CONSIDERATION FOR SALE SHARES AND LAND IS US$90 MILLION.  Full Article

Macau Legend Development Posts HY Profit HK$2.85 Bln
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Macau Legend Development Ltd <1680.HK>::HY PROFIT FOR PERIOD HK$2.85 BILLION VERSUS LOSS OF HK$228.6 MILLION.HY REVENUE HK$951.6 MILLION VERSUS HK$855.9 MILLION.  Full Article

Macau Legend Development Posts FY Loss Of HK$507.3 Mln
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Macau Legend Development Ltd <1680.HK>::FY REVENUE HK$1.84 BILLION VERSUS HK$1.47 BILLION.FY LOSS HK$507.3 MILLION VERSUS LOSS OF HK$277.5 MILLION.  Full Article

Macau Legend Development announces disposal of 100 pct stake in New Macau Landmark Management ​
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Macau Legend Development Ltd <1680.HK>::‍Disposal of 100% equity interest in New Macau Landmark Management Limited​.Deal for ‍HK$4.6 billion.‍Net proceeds from disposal will be approximately HK$4.5 billion​.‍Disposal is expected to accrue a gain before tax of about HK$3.3 billion​.  Full Article

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Breakingviews - A plucky local upstart will take on Macau’s moguls

HONG KONG (Reuters Breakingviews) - A plucky local upstart can take on Macau’s moguls. Licenses in the world’s largest gambling hub start to expire in 2020, forcing all players to pitch for a spot on the casino floor. With frayed U.S.-China relations dealing American giants Sands China, Wynn Macau and MGM China a weaker hand, homegrown names will try their luck.