Wynn Macau Ltd (1128.HK)
20 Jul 2017
Latest Key Developments (Source: Significant Developments)
Wynn Macau Ltd <1128.HK>: Recommended payment of a final dividend of HK$0.42 per share . Fy profit attributable to owners HK$1.44 billion versus HK$2.41 billion .Fy operating revenue HK$22.10 billion versus HK$19.10 billion. Full Article
Wynn Macau Ltd <1128.HK> : Gamal Abdelaziz has resigned from his positions as president and executive director of company .Ian Michael Coughlan has been appointed as president of Wynn Macau. Full Article
Wynn Macau Ltd <1128.HK>: No interim dividend be declared or paid in respect of the six months ended 30 June 2016 . Full Article
Wynn Macau Ltd <1128.HK>: Connected transaction - purchase of "tulips" sculpture and "Amphora III" <1128.HK> . Deal for approximately hk$262.7 million . Says unit Wynn Resorts entered into the purchase agreement with Wynn Design And Development, Llc .Deal to purchase the tulips sculpture. Full Article
HONG KONG (Reuters Breakingviews) - The Chinese gambling enclave of Macau has been going gangbusters of late, with gambling revenue rising for a ninth straight month in April. Shares in casino firms have rallied strongly alongside. The top three Hong Kong-listed stocks, Sands China, Wynn Macau and Galaxy Entertainment, have added $20 billion in market value. But the sector still lacks a family-friendly hedge against political and economic risk. Resort operators better hope their new luck holds.