Sands China Ltd (1928.HK) Key Developments |
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Sands China Ltd (1928.HK)

1928.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

Sands China Ltd - Macau probes two officials for graft as casino hub extends corruption crackdown - Reuters
Monday, 14 Dec 2015 09:37am EST 

Sands China Ltd:Two officials in the southern Chinese territory of Macau are under investigation for taking bribes and abusing their power as authorities move to stamp out corruption in the world's largest gambling hub - RTRS.Macau's Commission Against Corruption said in a online statement posted on Dec 14 that it had "uncovered bribe-taking by a customs inspector and another case of passive corruption and abuse of power by a Marine and Water Bureau chief." - RTRS.Macau's graft body said the customs inspector had accepted bribes to allow a gambler enter Macau with more cash than legally allowed, while the Marine and Water officer received advantages from a person in charge of a ferry services company - RTRS."According to the investigation results, the chief had also used his powers to help cover up the irregular practices of the ferry services company on many occasions, - the latter could be free from penalties even though its operations did not comply with the instructions and regulations set out by the Marine and Water Bureau." - RTRS.Macau has two main ferry operators, Turbo Jet owned by Shun Tak Holdings 0242.HK, and Cotai Water Jet owned by U.S. billionaire Sheldon Adelson's Sands China 1928.HK. - RTRS.  Full Article

Sands China Ltd. Names Wilfred Wong President and Chief Operating Officer
Tuesday, 15 Sep 2015 09:00am EDT 

Sands China Ltd:Announces the appointment of Wilfred Wong, GBS, JP, as the company's new president and chief operating officer.Says Wong's appointment is effective Nov. 1 and he will replace Rob Goldstein (current president and COO of LVS), who has been serving as Sands China's interim president since earlier this year.  Full Article

Sands China Ltd recommends payment of final dividend
Friday, 13 Mar 2015 12:14am EDT 

Sands China Ltd:Recommends payment of a final dividend of HK$1.00 per share.Payable on July 15 to shareholders whose names appear on the register of members of the company on June 24.  Full Article

Sands China Ltd declares interim dividend
Thursday, 22 Jan 2015 11:14pm EST 

Sands China Ltd:Resolves to declare an interim dividend of HK$ 0.99 per share.Payable to shareholders on the register on Feb. 13.Expects Interim Dividend to be paid on Feb. 2.  Full Article

Sands China Ltd does not recommend interim dividend
Friday, 15 Aug 2014 12:00am EDT 

Sands China Ltd:Says that the board does not recommend the payment of an interim dividend for the six months ended June 30, 2014.  Full Article

Sands China Ltd gives H1 2014 net profit guidance
Friday, 15 Aug 2014 12:00am EDT 

Sands China Ltd:Says that consolidated profit for H1 2014 is expected to record a net profit of about HK$30 million as compared to a net loss of HK$56,583,000 for the same period of last year.  Full Article

UPDATE 2-Las Vegas Sands settles with former CEO of Macau casino unit

* Adelson denied former CEO allegations as fabrications (Adds analyst comment, background context)