Long-delayed casino resort project in African archipelago grinds to halt; entrepreneur David Chow no longer Cabo Verde’s honorary consul in Macao.
Macau Legend Development
Cabo Verde’s Minister of Foreign Affairs Rui Alberto de Figueiredo Soares will come to Macao to follow up on matter but no date has been announced yet.
Outspoken Hong Kong-born tycoon steps back from role at company that runs Fisherman’s Wharf ‘to focus on other commitments’.
Company, founded by outspoken tycoon David Chow Kam Fai, tells Hong Kong Stock Exchange it awaits publication of 2021 annual results.
A firm controlled by Levo Chan Weng Lin, CEO of junket operator Tak Chun Group, has bought a 20.65% stake in Macau Legend Development Limited for about US$173 billion (MOP 1.38 billion), several local media outlets including Rádio Macau, GGRAsia and IAG reported today.
Macau Legend Development Limited’s stocks trading has been halted from 14 September onwards.
Macau Legend Development signed a memorandum of understanding with the Portuguese municipality of Setúbal, which could reach 150 million euros in the first phase, Macau’s press reported on Thursday. The first phase, due to start in the first few months of 2017, includes the construction of a hotel, a block with 60 apartments, a marina […]
The CEO of Macau Legend Development says the newly announced immigration checkpoint at the Fisherman’s Wharf will be a good platform to further promote the city’s individual travel scheme for yachts. David Chao also thinks this checkpoint can also help fight against illegal entrants and tax evasion. Chief Executive Chui Sai On has issued an […]