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Macau Legend Development Ltd (1680.HK)

1680.HK on Hong Kong Stock

1.25HKD
19 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Macau Legend Development announces disposal of 100 pct stake in New Macau Landmark Management ​
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Macau Legend Development Ltd <1680.HK>::‍Disposal of 100% equity interest in New Macau Landmark Management Limited​.Deal for ‍HK$4.6 billion.‍Net proceeds from disposal will be approximately HK$4.5 billion​.‍Disposal is expected to accrue a gain before tax of about HK$3.3 billion​.  Full Article

Macau Legend Development Ltd updates on property disposal
Friday, 23 Sep 2016 

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 

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 

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 

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 

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 

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