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  1. King among investors in troubled Macau Legend

    Posted Oct 27th 2009, 12:00am by Naomi Rovnick

    ... Naomi Rovnick Mohammed VI, the King of Morocco, is among the private investors embroiled in the bitter financial restructuring of former Macau legislator David Chow Kam-fai's Macau ... 20 wealthy private individuals who, along with a group of hedge funds, were sold a US$400 million stake in Macau Legend by investment bank Merrill Lynch in 2006. The investors had anticipated ...

  2. Internet booking spares Macau the push and shove

    Posted Jul 17th 2008, 12:00am by Fox Yi Hu

    ... Fox Yi Hu Macau residents seem to be in a different league from Hongkongers when it comes to queuing for commemorative Olympic banknotes. Between 100 and 200 people lined up overnight at Bank of China branches in the city before they opened yesterday - a far cry from the thousands who queued through a massive thunderstorm in Hong Kong on Monday night. Queues in Macau were ...

  3. Galaxy cautiously positive about Macau after earnings climb 15.9pc

    Posted Apr 25th 2009, 12:00am by Staff Reporter

    ... Neil Gough Casino developer Galaxy Entertainment Group is 'cautiously confident' about Macau's prospects for this year after first-quarter business at its flagship StarWorld ... This was a 15.9 per cent increase from a year earlier and a 30.8 per cent rise quarter on quarter after recent cost-cutting measures. 'Overall, the economy in general, and Macau gaming in particular, ...

  4. Sands income up on V.I.P. junkets

    Posted Jul 28th 2011, 12:00am

    ... in the Macau casino company, owned by Las Vegas-based Sheldon Adelson, yesterday rose 9.9 per cent to close at HK$23.40- their biggest one-day increase since the company's inception in 2009- after ... that of Sands Macau, which was up 18 per cent to US$95.6 million. Venetian Macao also improved its adjusted property ebitda margin to 35.1 per cent, an increase of nearly 2 percentage points from ...

  5. Introduce Macau to world of wealth management

    Posted Nov 17th 2007, 12:00am by Jolene Otremba

    ... Jolene Otremba Here's an exciting opportunity to make your mark in the wealth management industry in Macau. A leading bank that is experiencing explosive growth in this sector needs ... management team from scratch,' said corporate services manager Kensy Sy. 'This is an exciting role because there has been a dramatic rise in high-net-worth individuals in Macau. The person ...

  6. Macau tax haven has HK watching

    Posted Jun 23rd 2004, 12:00am by Jane Moir

    ... haven's services. In between presentations and meetings with government ministers, they took a trip to Macau. Lorna Smith, executive director of the islands' International Finance Centre, ... mid-sentence. 'No, it's different.' Macau's offshore tax scheme may have too many caveats for qualification to ever make it the British Virgin Islands of the East, ...

  7. Midland sets sights on Macau and over border

    Posted Aug 18th 2005, 12:00am by Bianca Reyes

    ... Bianca Reyes MIDLAND WEALTH Management, an independent financial adviser and affiliate of Midland Realty (Holdings), will expand into Macau next month and the mainland at the end of the year. Sidney Sze, chief executive of Midland Wealth Management, said it would provide financial planning services in Macau and distribute insurance products in the mainland because regulations ...

  8. Macau casino ready to bank on newcomer

    Posted Apr 23rd 2005, 12:00am by Staff Reporter

    ... Susie Gyopos A call has gone out to all those who understand the ins and outs of benefits programmes, life insurance and Macau labour law. A deluxe casino and entertainment property is inviting high-calibre personnel to apply for the position of compensation and benefits manager. A major player in the restructuring of the modern Macau entertainment industry, the Sands is looking ...

  9. Accountants' Canada dispute may be a job for Macau's Mr Fixit

    Posted Dec 21st 2004, 12:00am by Enoch Yiu

    ... Enoch Yiu Edmund Ho Hau-wah, who began his second term as Macau's chief executive yesterday, bore the exuberant praise of China's most powerful man, President Hu Jintao, with the confidence and modesty characteristic of his profession. Mr Ho is, after all, an accountant. After gaining his qualifications as a chartered certified accountant in Canada in the 1980s, he went ...

  10. Market gamblers caught short by casinos' rebound

    Posted Oct 07th 2011, 12:00am

    ... sellers who bet against shares of Macau casino operators amid the massive rout that began last Friday paid the price yesterday, as gaming stocks rebounded across the board by 15 to 26 per cent. The rally brought an abrupt end to the sell-down that erased 30 per cent, or HK$135.5 billion, of the market value of the six companies licensed to operate casinos in Macau. For short sellers- who ...




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