Established in 1972, Shun Tak Holdings Limited (HKSE 242) is a leading conglomerate in Hong Kong with core businesses in transportation, property, hospitality and investments. It has a strong established presence in Macau. The Group is listed on the Hong Kong Stock Exchange since 1973 and is currently a constituent stock in the MSCI Hong Kong (Small Cap) Index and the Hang Seng HK MidCap Index.
The speaker lineup for the MGS Entertainment Show Summit at The Venetian Macao will feature some of the most influential and knowledgeable people in the regulatory, government relations, gaming, entertainment and technology worlds. The Macau Gaming Equipment Manufacturers Association (MGEMA), the local association that has organized the show since its inception five years ago, is […]
Macau gambling magnate Stanley Ho has stepped down as executive chairman of Hong Kong conglomerate Shun Tak Holdings Ltd, with daughter Pansy Ho taking up the position. Established in 1972, Shun Tak Holdings is a leading conglomerate in Hong Kong with core businesses in transportation, property, hospitality and investments. It has a strong established presence […]
HK-listed Melco International Development Ltd has reached a deal with a subsidiary of the Shun Tak Group to allow Melco to buy ferry tickets at a discount of five percent. In a filing to the Hong Kong Stock Exchange on Friday, the deal takes effect from October 7, 2016 to December 31, 2018. There are […]
HK-listed Shun Tak Holdings, owned by Hong Kong gaming tycoon Stanley Ho, has bought a prime land site off Singapore’s Orchard Road shopping belt, its first acquisition in Singapore, local media reports. Shun Tak acquired a two-storey bungalow for a total consideration of SG$145 million (US$104.8 million), which includes land. “The land parcel, with a […]
A Macau casino company CEO recently told a group of investors, “Hengqin is the most underreported story about Macau.”While many in the gaming and hospitality industries increasingly take note of Hengqin’s future plans, projects are beginning to rise from its ground. Cratered construction sites of a Cotai magnitude, along with extensive underground infrastructure, reveal the subterranean clues of projects yet to come. Many analysts and industry observers see the development of the island’s tourism facilities as being the real game changer for Macau as it tries to transform itself into a mass market leisure destination.