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  1. Business - Commodities - RESOURCES

    Canadian oil sands lure Chinese investors (video)

    Posted Nov 12th 2012, 12:00am by Eric Ng

    ... Eric Ng in Fort McMurray eric.mpng@scmp.com Huge domestic demand and high crude prices spur stakes in overseas energy reserves Canadian oil sands lureChinese firms Canadian oil sands lure ... MacKenzie, one of the first Europeans to report seeing oil sands in Canada's Alberta province, also mentioned that heating the oil sands caused them to smell like black coal. That, ...

  2. Business - China Business - GAMING

    Sands gaming group to stake US$2.5 billion more on Macau

    Posted Sep 21st 2012, 12:00am by Sophie Yu

    ... Sophie Yu in Macau sophie.yu@scmp.com Gaming group plans further multibillion-dollar outlay to expand casino empire, following the opening of a new phase in Cotai Central project Sands to stake US$2.5 b on Macau Gaming mogul Sheldon Adelson's Las Vegas Sands plans to stake US$2.5 billion in new investment to expand its growing gambling empire in Macau. The new project, ...

  3. Business - Companies

    Galaxy benefits from woes hitting Macau casino rivals Sands and Wynn

    Posted Sep 21st 2012, 12:00am by Bloomberg

    ... Bloomberg Macau gaming firms Sands and Wynn troubled by USprobes and lawsuits Galaxy benefitsas woes hit rivals For casino mogul Sheldon Adelson, what happens in Macau does not always stay ... by Lui Che-woo, has surged 75 per cent in the past 12 months, more than double the 31 per cent gain in Adelson's Sands China. That has helped put Lui among the world's 100 richest ...

  4. Time running out for Sands' casino project

    Posted Jul 13th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Sands China, which operates four major casinos in Macau, is seeking more time to build a gaming resort in the gambling enclave. A subsidiary of Las Vegas casino operator Sands Corp, Sands China has yet to break ground on the planned project- called Parcel Three- in Cotai. The government, which granted Sands China the land for the project, set ...

  5. Venetian is high roller for Sands China

    Posted May 10th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Hong Kong-listed Sands China, an arm of Las Vegas casino mogul Sheldon Adelson's Sands Corp, said net profit rose 6.4 per cent to US$279.3 million for this year's first quarter from US$262.4 million a year earlier. Sands China's net revenue for the quarter rose 25.1 per cent to US$1.45 billion, from US$1.16 billion in the same period last year. ...

  6. Sands opens new Macau resort, and looks to Spain

    Posted Apr 12th 2012, 12:00am

    ... Sophie Yu in Macau sophie.yu@scmp.com Casino mogul Sheldon Adelson said he planned to invest US$35 billion to build gambling resorts in Spain, after opening the US$4.4 billion Sands Cotai Central in Macau yesterday. Macau's newest addition stands opposite Adelson's The Venetian and is expected to strengthen Sands China's position on the Cotai Strip. The Cotai Central ...

  7. Sands China shares hit a lucky spot

    Posted Feb 03rd 2012, 12:00am

    ... Neil Gough neil.gough@scmp.com Shares in Sands China rose 4.9 per cent to a record yesterday, after the Macau casino operator reported soaring profit and announced plans to pay dividends ... 64 per cent from a year earlier to US$7.52 billion after Sands added several new VIP junket operators. The firm is 70.3 per cent owned by New York-listed Las Vegas Sands, owned by magnate ...

  8. PetroChina in full control of oil sands

    Posted Jan 05th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com State-backed PetroChina, the nation's largest oil and gas producer, will buy 40 per cent of an oil sands project in western Canada for C$680 million (HK$5,213 million), making it the first Chinese firm to wholly own a Canadian oil sands project. The deal, together with a US$2.2 billion acquisition by state-owned China Petrochemical Corporation ...

  9. Oil-sands firm plans HK listing

    Posted Feb 01st 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com Sunshine Oilsands, a developer of oil-sands energy projects in Canada backed by two mainland financial institutions, is aiming to raise up to US$700 million from ... Development Fund. Sunshine was set up five years ago. According to its website, it owns 100 per cent of 464,531 hectares of oil-sands leases, or 7 per cent of the total oil-sands leases granted ...

  10. Sands China joins payout club with HK$4.67 billion maiden dividend

    Posted Feb 01st 2012, 12:00am

    ... Neil Gough neil.gough@scmp.com A maiden HK$4.67 billion dividend payout by Sands China may point the way to more distributions by other cashed-up Macau casino companies, say analysts. Sands China, 70.3 per cent owned by gaming magnate Sheldon Adelson's Las Vegas Sands, said yesterday it would pay a HK 58 cents-per-share interim dividend to shareholders of record ...




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