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  1. When the chips are down, who will be holding the best hand?

    Posted May 19th 2005, 12:00am by Freda Wan

    ... de Macau (SJM) gaming company obviously has some catching up to do with its new American competitors. When 15,000 people poured into the new Sands casino a year ago yesterday, after ... but SJM's top managers do not appear worried. 'With the number of mainland travellers continuing to grow explosively, what we are seeing is only the beginning. I cannot imagine any empty casino ...

  2. Sister's challenge to Stanley Ho shares ruling

    Posted Mar 13th 2005, 12:00am by Jonathan Li

    ... made against her brother. In December, the Securities and Futures Commission (SFC) declined to look into a complaint against Mr Ho's flagship company- Shun Tak Holdings- according ... complaint, she alleged that Shun Tak did not explain the arrangement by which Sociedade de Jogos de Macau (SJM)- the new gambling licensee in Macau- used the assets and infrastructure of Sociedade de ...

  3. Melco looks at boosting Singapore casino bid

    Posted Nov 19th 2005, 12:00am by Ken Lo

    ... of Sociedade de Jogos de Macau (SJM)- the company that holds gambling magnate Stanley Ho Hung-sun's Macau interests- Stanley Ho yesterday said he was seeking advice from financial experts. ... exchange,' he said. STDM, the flagship controlled by Stanley Ho, owns 80 per cent of SJM one of the three gambling concessionaires in Macau. Of the 20 per cent in SJM, Stanley Ho holds 10 per cent ...

  4. Ho mulls spinning off gambling arm

    Posted Nov 17th 2005, 12:00am by Ken Lo

    ... Ken Lo Hong Kong listing may sidestep restive shareholders and raise nearly $8b as SJM squares up to tough competition Stanley Ho and his associates may exit their 20 per cent stake in Sociedade de Jogos de Macau (SJM)- one of three gaming concessionaires in Macau- by offloading the gambling business into a listed vehicle to avoid continuing opposition from minority shareholders. ...

  5. Macau vision changes K Wah overnight

    Posted Apr 20th 2005, 12:00am by Freda Wan

    ... Macau (SJM), Wynn Resorts and Galaxy. With government permission, each of those can grant 'subconcessions' to other operators. Las Vegas Sands holds one from Galaxy, while Mr Ho ... in the United States. But all three lump their Macau ventures together with their larger US operations. Mr Ho's SJM remains privately held, although Hong Kong-listed Shun Tak holds a small indirect ...

  6. Melco to announce 'substantial' acquisition in Macau

    Posted May 12th 2005, 12:00am by Sandy Li

    ... (SJM) last week unveiled plans to launch a $6.2 billion multi-use development project in Macau. Scheduled for completion in 2009, Oceanus will comprise a 600-room luxury hotel, shopping centre, ... to Melco. Other Macau plays also fell yesterday. Shares of K Wah Construction and Materials dived 10.29 per cent to close at $6.10; Century Legend (Holdings) shed 10 per cent to 22.5 cents; A-Max ...

  7. Lai See

    Posted Aug 06th 2005, 12:00am by Staff Reporter

    ... that the Sands is hauling in the whales from Stanley Ho's SJM and Galaxy's Waldo, which had dominated the VIP market for much of the past year. Thar she blows... Speaking of jackpots... Former ... the Tung family shipping line, yesterday announced an interim dividend payout of 12 US cents per share. Mr Tung, who holds more than 80 million shares in the firm, will receive a tidy sum of US$9.7 ...

  8. Stanley Ho warns rivals of listing hurdles

    Posted Apr 01st 2005, 12:00am by Freda Wan

    ... and Galaxy Waldo casinos last year, Mr Ho's Sociedade de Jogos de Macau (SJM), which operates 15 casinos in the enclave, posted a net profit 21 per cent higher at four billion patacas, chief operating officer Louis Ng Chi-seng said yesterday. SJM's parent, Sociedade de Turismo e Diversoes de Macau, recorded profits of three billion patacas last year, up 25 per cent over 2003. ...

  9. Macau firms get into charitable spirit

    Posted Jan 09th 2005, 12:00am by Freda Wan

    ... Hung-sun, whose company Sociedade de Jogos de Macau (SJM) operates 14 casinos, presented a cheque for 2 million patacas to the Macau Red Cross. SJM also placed collection boxes in its casinos. Chui ...

  10. Hold that pose... and hold your horses

    Posted Aug 12th 2005, 12:00am by Suzanne Harrison

    ... Suzanne Harrison Hong Kong doesn't have a Jivamukti studio- yet. But Pure yoga director Patrick Creelman says he hopes to hire Jivamukti-trained instructors soon. Duncan Wong, who ran the recent Hong Kong sessions with David Life and Sharon Gannon, i ...




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