Company, founded by outspoken tycoon David Chow Kam Fai, tells Hong Kong Stock Exchange it awaits publication of 2021 annual results.
Business
Thousands of applicants from retail, construction and hotel industries come forward after suffering the economic effects of Covid-19.
Online registration runs from 10 May to 13 January 2023. Fund valid until 28 February next year.
Group claims to be in good financial shape, with total liquidity of HK$12 billion, remains confident about retendering and supporting government tourism goals.
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Even in an economic downturn, Serene Garden has found fertile ground in Macao, thanks in part to a fruitful relationship with Sands China.
Covid-19 travel restrictions blamed for worst results since September 2020; city’ tally of gaming tables and slot machines has shrunk since end of 2019.
Pandemic blamed for poor results; chief executive adopts bullish stance, pointing to strong demand once travel restrictions are eased.
Standing Committee will review terms at least twice more before agreeing final wording and penalties with government officials.