Extra funds required to meet tendering terms; chairman Daisy Ho says company in strong position to win 10-year concession starting next year.
STDM
Cash injection comes at crucial stage for Macao’s oldest gaming operator in the run-up to bidding for new concessions.
Complex transfer involving bond issue should clear way for company to retender for gaming concession at year’s end.
Cargo volume rises 45.7 per cent year-on-year to 49,000 tonnes, a 15 per cent increase compared to pre-pandemic levels in 2019.
Passenger numbers increased by 27.95 per cent to 698,500 last year, but still fall a long way short of the 3 million in 2019.
Louis Ng Chi Sing is no longer the chief operating officer (COO) of gaming operator SJM S.A.
