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  1. Business - Companies - CASINOS

    SJM gets boost from mass-market

    Posted Nov 16th 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com SJM gets boost from mass-market Macau casino operator SJM posted a 41.2 per cent jump in net profit for the third quarter, even though its gaming revenue fell ... stages of obtaining the land concession and relevant permits," chief executive Ambrose So said. SJM, operator of casinos like the Grand Lisboa, last month secured a plot in Cotai, an area ...

  2. Business - Money - STOCK WATCH

    Stock Watch: Shun Tak Holdings

    Posted Nov 05th 2012, 12:00am by KHOR UN HUN

    ... a couple years back. Lest we forget, Ho also founded Sociedade de Jogos de Macau (SJM), the pioneer casino operator in Macau, on which he built a highly profitable Macau-Hong Kong conglomerate spanning gaming, property and transport. Investors distracted by Ho's familial goings-on may overlook a low profile and undervalued component of Ho's corporate empire, Shun Tak Holdings ...

  3. SJM revenue soars as its Macau market share falls

    Posted May 08th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com SJM Holdings, a unit of Macau casino billionaire Stanley Ho Hung-sun's former Macau gaming monopoly, said revenue increased 8.5 per cent in the first ... was almost negligible. However, the HK$154 million income from the sector represents a 18.5 per cent rise year on year. SJM's net profit in the first quarter rose by 21.7 per cent year on year ...

  4. Business - China Business

    Business Digest, December 5, 2012

    Posted Dec 05th 2012, 12:00am by AGENCIES

    ... cent less as provisions against losses. Reuters   SJM leads casinos' slide on junket curb worries SJM fell the most in six months, leading a decline in Macau casinos on speculation ... Street Journal reported. SJM dropped 5.8 per cent to HK$17.24. Galaxy Entertainment fell 4.5 per cent and Sands China declined 4.4 per cent. MGM China fell 3.1 per cent. Wynn Macau slid 5.5 per ...

  5. Reporting this week

    Posted Aug 06th 2012, 12:00am

    ... Today Interim: Anta Sports Products, Convenience Retail Asia, Hysan Development, Lifestyle International Holdings Tomorrow Interim: Hong Kong Aircraft Engineering, i-Cable Communications, MGM China Holdings, Mongolian Mining Corp, Qin Jia Yuan Media Services, San Miguel Brewery Hong Kong Wednesday 1st Quarter: Semiconductor Manufacturing International Corp Interim: Advanced ...

  6. Business - Companies - CASINOS

    Private equity house Permira sells Galaxy stake at shares' peak

    Posted Nov 09th 2012, 12:00am by Charlotte So

    ... Resorts' Chinese arm, MGM China, and SJM Holdings, which is controlled by the Stanley Ho family. More competition is looming for Galaxy, however. Last month, the Macau government approved land concession contracts for MGM China and SJM, allowing them to expand to the Cotai Strip, currently dominated by Sands China and Galaxy. ...

  7. Business - Companies - GAMING

    SJM to build casino resort at Cotai

    Posted Oct 20th 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Stanley Ho's flagship acquiring land on strip that's prime destination for tourists to Macau SJM to build casino resort on Cotai site Macau casino operator SJM has finally secured a piece of land at Cotai. It is the last to do so among the six gaming companies that are authorised to operate casino games in the enclave. The flagship company ...

  8. Business - China Business

    Briefs, October 17, 2012

    Posted Oct 17th 2012, 12:00am by STAFF, AGENCIES

    ... the operating rights of 40 gaming tables, third of the total, in the Greek Mythology Casino and returned them to SJM. As a result, Hong Kong-listed Amax may lose a third of the profit, or about HK$80 million, from its associate. Sophie Yu   Singamas sells two container businesses Singamas Container Holdings, the world's second-largest maker of marine containers, has agreed to sell two ...

  9. Business - Money

    Market Wrap: A-share rebound lifts Hang Seng

    Posted Dec 04th 2012, 06:42pm by Jeanny Yu

    ... 10.1 per cent from October. SJM Holdings (0880.HK) lost 5.8 per cent to finish at HK$17.24. ...

  10. Go-ahead for Wynn Cotai casino

    Posted May 03rd 2012, 12:00am

    ... project would cost HK$20 billion. MGM China Holdings and gaming tycoon Stanley Ho Hung-sun's SJM Holdings have no properties on Cotai but they are applying for land concessions there. The chance of approval this year was slim, he said. Wynn Macau accepted the terms of a draft land concession in September and paid an initial deposit of 500 million patacas in December. SJM and MGM ...




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