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Suncity Group
Business

Suncity Group Holdings halts its travel business

Troubled junket operation, whose former boss Alvin Chau is in custody, ceases travel business which had made up around 12% of its total revenue.

4 April 20224 April 2022
Alvin Chau
Gaming

Alvin Chau resigns from Suncity Group Holdings: official

Troubled chairman, currently remanded in custody, quits as casinos sever ties with group; trading in shares resumes this morning.

2 December 202113 December 2021
HKEX - Suncity Group Holdings Limited
Gaming

Suncity Group Holdings Limited halts trading again

Stock plunged to HK$0.13 yesterday; further announcement from board of directors expected soon. Salaries halted for one-third of company’s staff.

1 December 20211 December 2021
Suncity Group stock shares
Gaming

Suncity Group Holdings’ shares crash to HK$0.13

Macao’s gaming operators also take a hit for the second day, suffering losses of up to 6.5% following Suncity CEO Alvin Chau’s arrest at the weekend.

1 December 20211 December 2021
Alvin Chau, Suncity
Gaming

Alvin Chau to step down from top roles at Suncity Group Holdings Limited

Board of directors distance company from allegations of corrupt practice, request Stock Exchange to resume trading in its shares.

30 November 202130 November 2021
Cotai
Gaming

Casino stocks plunge after junket mogul Alvin Chau’s arrest

MGM down 10%, Melco and Wynn lose 8%, SJM drops 8% and Galaxy and Sands China close down 5% at end of a tough day’s trading.

30 November 202130 November 2021
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