Macau Legend Development Ltd (1680.HK)
Latest Key Developments (Source: Significant Developments)
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
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
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
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
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
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.