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  • September 17, 2014
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  1. Third of Lisboa project may be residential units

    Posted Sep 15th 2008, 12:00am by Peggy Sito

    ... to a third of the project's 2.69 million-3.22 million square foot gross floor area. SJM Holdings president of joint ventures and business developments Frank McFadden said that at 1 million sq ft, sales of the residential units could net SJM an estimated HK$5 billion to HK$7 billion to offset the construction costs of the project, based on appraisals by property analysts of current ...

  2. Macau's leading light dims

    Posted Aug 25th 2009, 12:00am by Fox Yi Hu

    ... of his two most prominent companies- Hong Kong-listed Shun Tak Holdings and SJM Holdings. Mr Ho remains chairman of both companies which have a combined market capitalisation of HK$27.6 billion, ... as managing director and Daisy Ho Chiu-fung as deputy managing director and chief financial officer. The management of flagship SJM Holdings is largely in the hands of veterans from the earlier days ...

  3. Galaxy eyes profit in plan to write down gaming licence value

    Posted Sep 13th 2008, 12:00am by Staff Reporter

    ... the deal was done and analysts believe they will continue to hold Galaxy in the red for the foreseeable future. So, in a slick accounting move, Galaxy plans to reappraise the value of the licence against more recent and considerably smaller deals where Macau casino licences have changed hands. There are only six gaming licences in Macau. Las Vegas Sands Corp, Wynn Resorts and SJM Holdings ...

  4. Melco Crown plans US$400m share sale

    Posted Apr 15th 2009, 12:00am by Staff Reporter

    ... this year while SJM Holdings has added 15.98 per cent. Based on yesterday's closing price of US$4.78 per share, Melco Crown would need to sell 83.68 million new shares or 19 per cent of its ...

  5. Casinos return to growth as revenue hits 9.57b patacas

    Posted Aug 05th 2009, 12:00am by Staff Reporter

    ... after suffering a head injury from a fall. Shares in his SJM Holdings dropped 4.55 per cent to close at HK$3.15. Figures for July were boosted in part by the improved performance of Melco Crown ...

  6. After a long streak of losses, the house starts winning once more

    Posted May 01st 2009, 12:00am by Staff Reporter

    ... Neil Gough Surprise, surprise- the house is winning again. After spending most of last year in bearish hibernation, shares in Macau casino operators are back on a bull run. SJM Holdings, Melco International Development and Galaxy Entertainment Group have risen 35-75 per cent so far this year. That compares with an anaemic 7.8 per cent rise in the benchmark Hang Seng Index (see ...

  7. Triads thrive in Ho's casinos, US report says

    Posted Mar 19th 2010, 12:00am by Staff Reporter

    ... possibilities with Ho's Sociedade de Jogos de Macau (SJM), which had one of the three new licences. 'Are you serious?' Ho replied, according to the report. 'We are very, very ... to continue negotiations and appointed Pansy Ho as his representative to broker a deal with MGM. The aim was to create a 51-49 joint venture to be led by Shun Tak Holdings, where Pansy Ho was managing ...

  8. Melco Crown slips into the red on lower win rate

    Posted Aug 15th 2008, 12:00am by Staff Reporter

    ... accounting charges partly due to its Macau projects. The Wynn Macau booked record profit and revenue for the quarter while SJM Holdings and Galaxy Entertainment have yet to report. Revenue ...

  9. Pansy Ho venture moves on IPO

    Posted Jan 15th 2010, 12:00am by Naomi Rovnick

    ... magnate James Packer Flagship casino: City of Dreams IPO proceeds: US$1.31b Deal: SJM Holdings Date: Jul 16, 2008 Ho family member/s: Stanley Ho, chairman Company structure: Controlled ... of MGM's joint venture with Pansy Ho found the partnership 'unsuitable'. The state's Casino Control Commission will hold a public hearing on whether to uphold its investigators' ...

  10. All In

    Posted May 22nd 2009, 12:00am by Staff Reporter

    ... Neil Gough Fold 'em or hold 'em for MGM? If New Jersey's Casino Control Commission sides with its investigators, it will rule Pansy Ho Chiu-king an 'unsuitable' ... in the past parted ways with findings recommended by its investigators, and in any case is expected to hold a public hearing on the matter before it makes a final decision. In the event New Jersey ...




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