Macau Legend to pay special dividend in July
Hong Kong-listed casino services firm Macau Legend Development Ltd said on Wednesday that it would pay a special dividend on July 12, to shareholders whose names appear on the register of members of the company on July 4.
The board of Macau Legend in May declared a special dividend of HKD0.08 (US$0.010) per share, amounting to HKD501.4 million in total.
Macau Legend is the promoter of Macau Fisherman’s Wharf (pictured), a waterside entertainment zone near the Outer Harbour Ferry Terminal on Macau peninsula. The company also operates a casino in Laos, a property known as Savan Legend Resorts Hotel and Entertainment Complex.
The casino services firm reported revenue of almost HKD1.84 billion for full-year 2017, up by 24.8 percent from the previous year.
The company’s annual net loss however continued widening in 2017. Macau Legend posted a net loss of HKD507.3 million for the 12 months ended December 31. That compared with a loss of HKD277.5 million in the previous year, the firm said in a March filing.
Latest News
Sign up to our FREE Newsletter
(Click here for more)
Most Popular
Zhuhai easing from Oct 19 rules on travel inbound via Macau October 18, 2021 
Mass GGR over 68pct of 3Q Macau casino revenue: govt October 18, 2021 
Some Manila venues confirm casino back at 75pct capacity October 18, 2021