SJM Holdings subsidiary Champion Moments Limited successfully issued senior notes in the Macao bond market in the amounts of HK$1.25 billion and MOP 300 million.
SJM Holdings
Gaming operator takes a hit, but remains determined about new super-luxury hotel opening and prospects for 2021.
Late casino magnate’s daughter sells off another MOP 460 million in MGM shares, prior to what insiders say is likely a return to the family business.
Macao’s oldest gaming operator takes a massive hit, but remains optimistic and aims to open Grand Lisboa Palace by mid-year.
Gaming operator SJM Holdings said on Thursday that while it has been “severely impacted” by the COVID-19 outbreak and Macao’s ongoing restrictions on entry from the mainland, Hong Kong and other places, as well as the curtailment of transportation channels and quarantine requirements, it has seen “the beginnings of recovery in visitation, hotel occupancy and visitor spending.”
Macao gaming operator SJM Holdings reported on Tuesday a loss of HK$1.41 billion in the first half of the year, a year-on-year decline of 184.1%.
Macau gaming operator SJM Holdings said in a statement to the Hong Kong Stock Exchange on Monday that its net profit rose 12.5% year-on-year to HK$3.2 billion in 2019.
Ambrose So Shu Fai of the International Forum on Clean Energy (Macau) and SJM Holdings, said that the IFCE would “enhance the international community’s confidence in China’s commitment to the Paris Agreement”.
SJM Holdings announced its net profit rose 9.6% year-on-year to HK$2.4 billion in the first nine months.
