The casino operator said the loan was to allow the company to “invest in its principal subsidiary,” SJM Resorts SA, which holds the rights to one of Macau’s six gaming concessions. The exercise was “part of the increase in share capital which SJM Resorts is required to have to pre-q...
Mr So said the group’s “current revenue” amounted to only “10 percent” of the amount recorded during the same period last year. He said he expected the business volume to pick up gradually from the second half this year, once travel and border restrictions between Macau, Hong Kong and...