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Macau Legend Development Ltd (1680.HK)

1680.HK on Hong Kong Stock

1.39HKD
26 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Macau Legend Development says unit entered non-legally binding letter of intent
Wednesday, 5 Jul 2017 10:10am EDT 

July 5 (Reuters) - Macau Legend Development Ltd <1680.HK>:Unit entered into a non-legally binding letter of intent.Pursuant to LOI, purchaser is required to pay a refundable deposit of HK$460 million.Hong Hock Development intends to sell entire issued share capital of and all shareholder's loan owed by New Macau Landmark Management.  Full Article

Macau Legend Development Q3 total revenue up about 1.9% to about hk$377.6 mln
Tuesday, 8 Nov 2016 06:56am EST 

Macau Legend Development Ltd <1680.HK>: Q3 total revenue up about 1.9% to about hk$377.6 mln .Q3 total gross gaming revenue of gaming tables decreased by approximately 13.5% to approximately hk$575.3 mln.  Full Article

Macau Legend Development Ltd updates on property disposal
Friday, 23 Sep 2016 06:15am EDT 

Macau Legend Development Ltd: Co and buyer have not entered into any definitive investment agreement before expiry of letter of intent . Letter of intent expired on 23 september 2016 . Been approached by and is in negotiation with potential buyer, on potential disposal of property,remains positive on disposal .proposed Disposal Of The Property Expiry Of The Letter Of Intent <1680.HK>.  Full Article

Macau Legend Development says HY loss for the period HK$175.3 million<1680.HK>
Thursday, 18 Aug 2016 08:39am EDT 

Macau Legend Development Ltd <1680.HK>: Says no dividends were paid, declared or proposed in respect of both interim periods . Says HY revenue hk$666 million versus HK$698.2 million . "Group remains optimistic in the long-term prospect of the Macau gaming market" . HY loss for the period HK$175.3 million versus loss HK$68.4 million . "Group will continue to focus on southeast Asian destinations where``one belt,one road'' policy from China is supporting new investment in tourism" .  Full Article

Macau Legend Development signs MOU for proposed development of Setúbal Project<1680.HK>
Thursday, 7 Jul 2016 07:01am EDT 

Macau Legend Development Ltd <1680.HK>: Setúbal Municipality and co entered into the memorandum of understanding for the proposed development of the Setúbal Project . Shareholders' agreement shall be entered into for the joint venture company . Fundo Aquarius, Amorim Turismo, B&G and Co entered into the heads of agreement in relation to the formation of the JV Co . Joint venture company shall procure subordinated debt or bank loans in total amount of euro 100 million .  Full Article

Macau Legend Development appoints Yuen Chin Yau as Chief Financial Officer<1680.HK>
Thursday, 30 Jun 2016 05:53am EDT 

Macau Legend Development Ltd <1680.HK>: ...more change of chief financial officer and company secretary and change of alternate authorised representative <1680.HK> . Chan Kin Man has resigned as the Executive Vice President, Chief Financial Officer and Company Secretary of the company . Yuen Chin Yau, Laurence has been appointed as Executive Vice President, Chief Financial Officer .  Full Article

Macau Legend Development says Q1 adjusted EBITDA decreased by about 52.2 pct<1680.HK>
Tuesday, 17 May 2016 09:09am EDT 

Macau Legend Development Ltd <1680.HK>: Adjusted EBITDA decreased by approximately 52.2% to approximately hk$35.8 million in Q1 2016 . For Q1 2016, the group recorded total reported revenue of approximately hk$350.6 million, down 3.7% . Q1 total gross gaming revenue of gaming tables (excluding those outsourced vip tables) decreased by about 2.9% to about hk$396.6 million .  Full Article

Macau Legend updates on deal in relation to Savan Vegas hotel and entertainment complex<1680.HK>
Friday, 13 May 2016 06:57am EDT 

Macau Legend Development Ltd <1680.HK>: Major transaction in relation to the savan vegas hotel and entertainment complex in the Lao People'S Democratic Republic <1680.HK> . Says government of the Lao PDR and the company entered into the project development agreement . Deal for consideration of US$42 million .  Full Article