Apr 08, 2021 Newsdesk Latest News, Macau, Rest of Asia, Top of the deck  
Casino investor Melco International Development Ltd has granted share options to directors and “certain employees” of the company that are worth in aggregate about HKD16.4 million (US$2.1 million), according to a Wednesday filing to the Hong Kong bourse.
Melco International is the parent firm of Melco Resorts and Entertainment Ltd, both chaired by Lawrence Ho Yau Lung. Melco Resorts and Entertainment promotes and operates City of Dreams Macau, Studio City, Altira Macau, and a chain of slots-only venues, called Mocha Clubs, as well as City of Dreams Manila in the Philippines.
Melco International granted a total of 1,002,000 share options, with an exercise price of HKD16.38 each, the Wednesday filing noted. An aggregate of 369,000 options were granted to Melco International directors.
Clarence Chung Yuk Man, an executive director of Melco International, was granted 204,000 share options, worth an aggregate of HKD3.34 million, according to the Wednesday filing.
Mr Chung is also a non-executive director of Melco Resorts and Entertainment.
Apr 08, 2024
Mar 05, 2024
Apr 19, 2024
Apr 19, 2024
Apr 19, 2024
The deployment of a “smart table” product – combining the use of radio frequency identification (RFID) technology and cameras gathering data for analysis via artificial intelligence (AI) –...(Click here for more)
”Once Solaire North is fully ramped up, and both properties are generating a certain expectation that we have on cash flow… then we will probably launch the Paniman [casino] project”
Enrique Razon
Chairman and chief executive of Bloomberry Resorts