Macau casino tycoon Stanley Ho dies at 98

  • AseanPlus News
  • Wednesday, 27 May 2020

Rest in peace: Ho decided to donate this horse-head statue back to the mainland on the 20th anniversary of Macau’s return to China on Dec 20 last year. — China Daily/ANN

HONGKONG: Hong Kong-Macau entrepreneur Stanley Ho passed away in Hong Kong at the age of 98, his family announced.

Ho died at around 1pm local time yesterday at Hong Kong Sanatorium and Hospital, his daughter Pansy Ho told reporters outside the hospital.

Born in Hong Kong in November 1921, Ho served as a member of the Standing Committee of the ninth to 11th National Committee of the Chinese People’s Political Consultative Conference.

Ho retired from his positions as chairman of Macau’s gaming operator SJM Holdings in June 2018.

A red bronze horse-head statue was donated back by Ho and handed over to the National Cultural Heritage Administration in Beijing in November last year.

The statue appeared in the National Museum of China and joined a temporary exhibition on cultural relics that have been returned from overseas since 1949.

The horse-head statue was one of 12 decorative taps – in the form of 12 Chinese Zodiac Signs – which were set for a foundation in Xiyang Lou area, a group of Baroque architecture in the Old Summer Palace.

Ho spent HK$69mil (RM38mil) to buy the statue during an auction in September 2007 and decided to donate it back to the mainland on 20th anniversary of Macau’s return to China on Dec 20. — China Daily/Xinhua

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