Jimei International Entertainment

    Website: http://www.jimei.mo/

    Jimei International Entertainment Group Limited, formerly Sinogreen Energy International Group Limited, is an investment holding company. It is a casino operator and VIP room operator, with establishments in Macau including Jimei Casino (Macau), Wynn International Club, Wynn International Club 2,Wynn International Club 3, City of Dreams International Club and Altira International Club and Leroy International Club.Outside of Macau, the group has signed a junket agreement with Crown Perth and The Star in Australia, and has a junket arrangement with NagaWorld in Cambodia.

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    Jimei Intl shareholders approve name change

    Hong Kong-listed Jimei International Entertainment Group Ltd. is changing its name to “Starlight Culture Entertainment Group Ltd,” according to a company filing. The name change was approved during a special general meeting held on Friday, June 30. The filing however, did not mention when the name change would take place. Jimei first made the announcement […]

    Jimei cancels VIP gaming promotion agreement

    Hong Kong-listed Jimei International Entertainment Group Limited has walked away from a deal with a VIP gambling promoter in Macau, according to a company filing to the Hong Kong Stock Exchange. While Jimei did not mention the promoter, it is understood that the operator was identified as New International Club Ltd, who had been negotiating […]

    Jimei announces two new exec directors

    Junket investor Jimei International Entertainment Group Ltd has appointed two new executive directors, effective May 11, according to a filing by the company to the Hong Kong Stock Exchange. The new directors include Mr. Yan Xu, the legal representative and an executive director of Chengdu Xuhe Property Development Group; and Ms. Chen Hong, an experienced […]

    Lam sells majority stake in Jimei International

    Junket veteran Jack Lam has sold his controlling stake in junket investor Jimei International Entertainment Group Ltd. According to the company’s filing to the Hong Kong Stock Exchange on Wednesday, the deal took place on April 7 involving a maximum consideration of HK$443.2 million (US$57 million), or HK$1.20 per share, for Lam’s 65.04 percent majority […]

    Jimei swings to loss in 2016, ends NagaWorld agreement

    Junket operator Jimei International Entertainment Group Ltd. swung to a loss in the full-year ended Dec. 31, 2016. Jimei said loss attributable to owners of the company hit HK$39.8 million in the year, compared to a profit of approximately HK$8.7 million in the year 2015. “The loss was mainly attributable to the impairment loss on […]

    Jimei executive director calls it quits

    Jimei International Entertainment Group Ltd. on Monday announced the resignation of its executive director, Ng Kuen Hon, effective February 28, 2017. “The Board noted that Mr. Ng resigned from his post because of his other business engagements which require more of his attention and dedication,” said the company in a filing to the Hong Kong […]

    Jimei International profits halve in 16H1

    Jimei International Entertainment Group Ltd posted nearly a halving of profits for the first half of 2016, according to its filing to the Hong Kong Stock Exchange. Profit attributable to owners of the company for the half year ended June 30, 2016 totaled HK$28.6 million ($3.7 million), compared to HK$52.8 million for the prior-year period […]

    Jimei pushes target date for finalization of junket deal

    An agreement that would allow junket investor Jimei International Entertainment Group to indirectly participate in the gaming promotion business in Macau has been delayed until the end of 2016. According to a filing to the Hong Kong Stock Exchange on Tuesday, as the negotiation of the terms of cooperation with the concessionaire are still in […]

    Jimei secures junket deals in Australia and Cambodia

    HK-listed Jimei International Entertainment Group said it had entered into junket agreements with Australian and Cambodian casinos last year, according to its 2015 annual report. In February 2015, the junket investor signed an arrangement with Crown Perth to promote approximately 8 to 10 gaming tables at the Crown Perth Casino. In May, the group also […]

    Jimei announces plans for entertainment resort project in Cambodia

    Junket investor Jimei International Entertainment Group Ltd has announced it has entered into a framework agreement with two firms in relation to a possible entertainment resort project in Cambodia. The property will include a hotel, golf course, theme park and other entertainment and tourism business in Cambodia, according to a filing from Jimei to the […]

    Jimei International CEO, Wong Kwok Leung resigns

     Junket investor Jimei International Entertainment Group has announced the resignation of Wong Kwok Leung, who served as chief executive officer and executive director, according to a filing to the Hong Kong Stock Exchange. Wong said his resignation was due to other business engagements, and that there was no disagreement with the Board or any matter […]

    Jimei International names Andy Tsui Kin Min as Executive Director

    Junket operator Jimei International Entertainment has appointed Andy Tsui Kin Min as executive director and member of the Anti-Money Laundering Committee with effect from Jan. 15,  according to an announcement to the Hong Kong Stock Exchange. Mr. Tsui, 45, was previously the chief financial officer of the group, and a member of the Credit Committee […]

    Jimei in profit in 15H1 as new businesses take off

    Jimei International reported net profit of HK$52.8 million ($6.8 million) for the six months ended 30 June, compared to a loss of HK$8.3 million in the same months the year before.  The profit for the six months this year was mainly driven by the company’s newly established entertainment and gaming business. In February, Jimei started […]

    Jimei International announces positive profit alert

    Jimei International Entertainment Group Ltd announced a positive profit alert for the first half of 2015. The Hong-Kong listed junket investor expects a profit for the six months ended June 30, compared to a loss in the corresponding period the year before. The company’s performance is “mainly attributable to the profit contributions from the Group’s […]

    Jimei to purchase residential property in Australia

    Junket operator Jimei International Entertainment announced that through its subsidiary has agreed to acquire a residential property in Perth, Western Australia, for AUD2 million. The transaction will be made through Innovative Era Limited, a wholly-owned subsidiary of the junket investor, for an apartment located in Burswood, Western Australia. The Property is a residential property and […]
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