HONG KONG: Macau tycoon Stanley Ho's casino flagship Sociedade de Jogos de Macau (SJM) Holdings Ltd kicked off marketing yesterday for a scaled-back Hong Kong IPO to raise up to US$654mil, cashing in on a gaming boom in the former Portuguese colony.
Macau has seen billions of dollars in investment from US casino operators and a flood of visitors since Ho lost his decades-old gaming monopoly in 2002.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
