May 28, 2018 Newsdesk Latest News, Macau, Top of the deck  
Stockholders of Macau casino operator Sands China Ltd on Friday overwhelmingly approved at the annual general meeting a final dividend for 2017 of HKD1.00 (US$0.1275) per share.
In recommending the dividend in March, the firm’s directors had said it was likely to be paid on June 22 to shareholders whose names appear on the register of members on June 4.
As of Friday, the total number of issued shares was nearly 8.08 billion, according to a filing that day to the Hong Kong Stock Exchange on the results of the voting.
Friday’s meeting also gave a general mandate to the directors to repurchase shares not exceeding in aggregate 10 percent of the total number of issued shares as at the date of the passage of the resolution.
Net revenues for Sands China – on a U.S.-generally accepted accounting principles (GAAP) basis – increased 15.7 percent to US$7.74 billion for full-year 2017, compared to US$6.69 billion in 2016. Net income for the company increased 31.1 percent to US$1.60 billion in 2017, compared to US$1.22 billion in 2016.
According to Sands China’s fourth-quarter and full-year results filed in January in Hong Kong, U.S.-based casino operator Las Vegas Sands Corp beneficially owns approximately 70.07 percent of Sands China’s issued share capital.
Jun 01, 2023
May 31, 2023
Jun 02, 2023
Jun 02, 2023
Jun 02, 2023
Genting Singapore Ltd says Lam Yi Young has resigned from his role as deputy chief executive of Resorts World at Sentosa Pte Ltd. The latter firm is an indirect wholly owned subsidiary of Genting...Jun 01, 2023
Alfastreet, a manufacturer of electronic gaming machines,...Jun 01, 2023
Casino equipment maker Sega Sammy Creation Inc is tweaking...Jun 01, 2023
The iGaming segment in Asia “has grown rapidly” since...May 31, 2023
Showing slot machine players – via animations on the...May 31, 2023
Macau stocks in likelihood “have been punished too much...May 31, 2023
There are foreign companies still interested in investing...May 31, 2023
Thailand could pass the necessary enabling legislation for...May 30, 2023
China will remain a key market for Asian gaming...May 30, 2023
Alejandro Tengco (pictured in a file photo), chairman and...May 30, 2023
There are “plenty of reasons” for the global gaming...May 30, 2023
Gaming equipment provider International Game Technology Plc...May 30, 2023
The Global Gaming Expo (G2E) Asia 2023 Special Edition:...May 29, 2023
Austria-based gaming equipment maker and operator Novomatic...May 25, 2023
Sports betting and online casino operating platform...May 24, 2023
The business performance in Asia of gaming content and...May 18, 2023
The organisers of Global Gaming Expo (G2E) Asia 2023...May 17, 2023
Gaming content and equipment supplier Light & Wonder...May 16, 2023
Casino equipment maker Sega Sammy Creation Inc is to...May 09, 2023
Casino slot machine and digital gaming content provider...May 05, 2023
The Global Gaming Expo (G2E) Asia event in Singapore is the...May 04, 2023
An adviser to a Thailand parliamentary committee mulling...(Click here for more)
US$8.1 billion
Macau’s casino gross gaming revenue in the five months to May 31