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Sands China Ltd (1928.HK)

1928.HK on Hong Kong Stock

18 Jan 2017
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HK$0.40 (+1.16%)
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Latest Key Developments (Source: Significant Developments)

Sands China's unit received approval to commence operations at the Parisian Macao<1928.HK>
Sunday, 4 Sep 2016 07:30pm EDT 

Sands China Ltd <1928.HK>: Unit received approval from The Gaming Inspection And Coordination Bureau Of Macau to commence operations at the Parisian Macao .  Full Article

Sands China announces entry into Amendment And Restatement Agreement<1928.HK>
Thursday, 30 Jun 2016 06:07am EDT 

Sands China Ltd <1928.HK>: Voluntary announcement entry into an amendment and restatement agreement <1928.HK> . Pursuant to agreement, each consenting lender holding term loans under existing credit agreement agreed to extend maturity of its term loans to May 31, 2022 . Unit, Venetian Macau Ltd, VML Us Finance Llc (Borrower) and VML's other units entered into an amendment and restatement agreement . Agreement entered into with the lenders party thereto and Bank Of China Ltd, Macau branch as administrative agent and collateral agent .  Full Article

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, - RTRS.so 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


Macau gambling revenue rises a second month after two-year decline

HONG KONGThe world's biggest casino hub of Macau posted a better than expected 7.4 percent rise in gambling revenue in September, marking the second consecutive month of growth after more than two years of decline, as new resorts spur spending in the southern Chinese territory.