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ISSUE 96 - Apr 2012
 
 
What are your expectations for the gross gaming revenue growth of Macau’s gaming industry in 2012?
Decline
Growth above 20 percent
Growth from 10 to 20 percent
Stagnation
 
 

Sands China declares interim dividend


Posted: 1/31/2012 4:16:18 PM
Rating:     0% ( votes)
  

Sands China Ltd. today announced an interim dividend of HK$0.58 per share.

According to a stock filing, it is expected the interim dividend will be paid on February 28, to those who own shares in the company as of February 20.

The note adds that the company “has sufficient reserves, after the payment of this interim dividend, to finance its operations and the expansion of its business, including the development of additional integrated resorts in Macau.”

This is the first time Sands China Ltd. has paid a dividend.

Wynn Macau Ltd. and SJM Holdings Ltd. are the other Macau casino operators to have previously paid dividends to their shareholders.



Other Macau Latest News

TransAct appoints new sales manager for Asia

Rashid Suliman will be responsible for the sales of the company’s products in Macau

Venetian hosts Ice World

The exhibit will last until September 16

Melco Crown to participate in Dragon Boat races

Around 50 Melco Crown employees have joined forces to form two teams

Bank tellers with two-digit salary growth

Wage increases outpace the inflation rate
Headlines

Final review on rules for smoking areas inside casinos

Casinos will have to divide their floor into smoking and non-smoking areas starting next year

Homes more expensive

The average transaction price of all residential units sold in the first three months of 2012 reaches a new all-time high

Sands China renews Edward Tracy’s contract

The company’s president and CEO has had his contract extended until August next year

Studio City to receive casino approval “soon”: report

Gov’t authorisation is “just a formality”, English-language newspaper Business Daily reports

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