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  1. Adelson markets Sands China IPO to investors

    Posted Nov 10th 2009, 12:00am by Staff Reporter

    ... of shares in his Macau business is proving no exception. Sands China, the Macau unit of Adelson's debt-laden Las Vegas Sands Corp, is seeking to raise as much as HK$25.96 billion from Hong ... billion of the US$1.75 billion in new debt financing, according to a revised pre-listing document posted to the stock exchange yesterday. Sands China will use the new project financing loans ...

  2. PetroChina takes majority stake in 2 oil sands projects

    Posted Sep 02nd 2009, 12:00am by Eric Ng

    ... Eric Ng PetroChina has agreed to spend C$1.9 billion (HK$13.43 billion) for a majority stake in two Canadian oil sands projects as the mainland, which must feed its booming economy, hedges ... on the long-term commerciality of Canada's oil sands,' said Kwan. It is not the first time mainland energy producers have invested in oil sands. PetroChina's parent, China National Petroleum ...

  3. Sands lists causes for dismissal of CEO

    Posted Jan 01st 2011, 12:00am by Staff Reporter

    ... Neil Gough Sheldon Adelson's Las Vegas Sands and its locally listed subsidiary have responded to a Nevada lawsuit filed by former Sands China president and chief executive Steven ... by Venetian Macau Ltd, a Macau-based unit of Sands China. In addition, the firms accuse Jacobs of 'repeatedly acting in a manner which exceeded [his] authority', according to a copy of his ...

  4. It's blackmail and extortion, says Sands casino chief

    Posted Mar 30th 2011, 12:00am by Staff Reporter

    ... yesterday. In his strongest comments yet on the suit filed by former Sands China chief executive Steven Jacobs against his former employer, Adelson lashed out at the allegations which have triggered ... richest person with a net worth of US$23.3 billion, is the chairman and ultimate controlling shareholder of both Las Vegas Sands and its subsidiary Sands China. Sands China owns the Venetian, ...

  5. A line in the sand

    Posted May 11th 2008, 12:00am by Ivan Broadhead

    ... of long-standing - but weak - international pressure. Ivan Broadhead reports. A Moroccan cluster bomblet protruded from the Sahara sands near where 10-year-old Saeed Mahmoud and his five-year-old brother, ... seeped from Saeed's skull, forming pools that were absorbed by the sand. 'They should have died instantly,' says the boys' grandfather, Edhil Mohamed Saleh, with a mixture ...

  6. New skipper at the helm of Sands casino

    Posted Nov 29th 2004, 12:00am by Freda Wan

    ... Freda Wan in Macau Six months after opening, the Sands casino has picked a new top gun to lead the company in Macau. Frank McFadden, chief operating officer of Casinos Austria International, will assume the role of chief operating officer of Venetian Macau next month, according to an internal memo obtained by the South China Morning Post. The memo was addressed to all Sands ...

  7. Mainland duo secure supplies in Americas

    Posted Jun 01st 2005, 12:00am by Eric Ng

    ... sands. China Petrochemical, parent of listed unit China Petroleum & Chemical Corp (Sinopec), has signed a deal to buy a 40 per cent interest in the Northern Lights oil-sands project ... Energy, another Alberta oil-sands project developer. In a joint statement, China Petrochemical and partner Synenco Energy said the project would eventually cost C$4.5 billion over five years ...

  8. Credit crisis hits Sands' Macau resort plan

    Posted Oct 20th 2008, 12:00am by Staff Reporter

    ... Tim LeeMaster, Wong Ka-chun and Neil Gough Project on hold as US$5.25b loan halted US gambling giant Las Vegas Sands has scrapped plans to raise US$5.25 billion in loans for its expansion ... It will come back when they cook up a new shape and new price,' a source familiar with the situation said. Sands sounded out the market six months ago on a US$7 billion financing package for its ...

  9. Sands keeps mainland cadres out of premises

    Posted Feb 08th 2005, 12:00am by Freda Wan

    ... Freda Wan in Macau The Sands Macao, run by Las Vegas Sands subsidiary Venetian Macao, says mainland cadres have been kept out of its new casino since it opened last year. Speaking after unveiling a gambling area yesterday, Sands director of casino operations Walter Power said none of the mainland public officials charged with gambling in Macau had visited VIP tables at the casino ...

  10. Lai See

    Posted Sep 15th 2009, 12:00am by Ben Kwok

    ... deal in Liverpool, that is business. Standard Chartered chief executive Peter Sands (below) was put on the spot yesterday after the Britain-based bank announced a four-year sponsorship deal ... Sands, who called a press conference yesterday in Wan Chai to announce the deal. 'Liverpool is the best English football team with more major trophies than any other team.' ...




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