Universal Entertainment Corp (6425.T)
23 Mar 2018
Latest Key Developments (Source: Significant Developments)
Dec 4 (Reuters) - Universal Entertainment Corp <6425.T>:Says it plans to set up a JV, Hong Kong Guangcai Universal Entertainment Limited, with China-based investment firm .Says it will hold 50 percent stake in the JV after transaction .Others details remain to be decided later. Full Article
Dec 1 (Reuters) - Universal Entertainment Corp <6425.T>:Says co filed a lawsuit against co's former chairman Kazuo Okada, claiming compensation for his three malpractice .Says co's Hong Kong-based unit will also file lawsuit against the former chairman .Previous news was disclosed on Aug. 31. Full Article
Aug 30 (Reuters) - Universal Entertainment Corp <6425.T>:Says it received investigation report from special investigation committee.Previous news was disclosed on June 19. Full Article
HONG KONG (Reuters Breakingviews) - Steve Wynn has left the building even if his name is still on it. In just two months since the 76-year-old casino mogul denied sexual-misconduct allegations, he has stepped down from leadership roles at Wynn Resorts and now is selling his entire stake in the eponymous $18 billion U.S. company. Meanwhile, new boss Matt Maddox is making the best of the bad hand dealt to him.