Board of directors appears to distance itself from controlling shareholder following his arrest by police in Macao.
Alvin Chau Cheok Wa
Police swoop on two addresses in Macao, seizing MOP 3 million and computer items; case transferred to Public Prosecutions Office.
Prosecutors allege Chau ran vast syndicate in China that encouraged illegal gambling activities; urge him to surrender for ‘lenient punishment’.
Junket and resort operator Suncity Group Holdings announced on Monday that its revenue in the first half of the year fell 70% year-on-year to 93.7 million yuan (US$13.6 million).
Taika Waititi-directed film will open this year’s International Film Festival & Awards Macau taking place on December 5-10.
