• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Success Dragon shares jump on possible control change

May 18, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck  


Success Dragon shares jump on possible control change

Gaming services firm Success Dragon International Holdings Ltd saw its stock rise nearly 23 percent on Thursday morning trading in Hong Kong. It followed an announcement by the firm on Wednesday of a deal that might lead to a change in control of the company.

Success Dragon said in a filing that it had been informed that Mark Yong Khong Yoong, a substantial shareholder in the company, had entered into an agreement regarding the possible disposal of his entire equity in the firm. The purchaser has been identified as Zhang Lin Lin, also a shareholder in Success Dragon.

Currently, Mr Yong has a 24.65-percent stake in Success Dragon, while Ms Zhang holds an 8.40-percent stake. The deal “may result in a change in control of the company,” said the firm.

Success Dragon’s operations include business process management and IT (information technology) services for the gaming industry.

Success Dragon announced in March that Jiang Dan had been appointed as chief executive of the company. Mr Jiang replaced Carlos Luis Salas Porras, who left the firm in April. Also in March, Success Dragon appointed Li Xuehua as chairman of the company.

The Hong Kong-listed firm in March completed an investment in a renewable energy company, as Success Dragon works to diversify its business into non-gaming areas.


  • tweet
Related articles
  • Success Dragon 1H revenue grows despite gaming dip
    Success Dragon 1H revenue grows...

    Dec 01, 2020  

  • Success Dragon replaces chairman cum chief executive
    Success Dragon replaces chairman cum...

    Sep 20, 2019  

More news
  • Aristocrat to launch EGM-based responsible gaming features
    Aristocrat to launch EGM-based...

    Feb 26, 2021  

  • Suncity to open clubs at Londoner Macao, Lisboa Palace
    Suncity to open clubs at Londoner...

    Feb 26, 2021  


Latest News

Aristocrat to launch EGM-based responsible gaming features

Aristocrat to launch EGM-based responsible gaming features

Feb 26, 2021  

Casino slot machine maker and digital games provider Aristocrat Leisure Ltd says it plans to launch in the first quarter this year a new product with responsible gaming features, which has already...
Read More
Suncity to open clubs at Londoner Macao, Lisboa Palace

Suncity to open clubs at Londoner Macao, Lisboa Palace

Feb 26, 2021  

Tech supplier Crane ups forecast for 2021 core sales

Tech supplier Crane ups forecast for 2021 core sales

Feb 26, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day


US$53.4 million

Adjusted EBITDA reported by Asian casino operator Melco Resorts and Entertainment for the fourth quarter of 2020



Most Popular

  • Macau casino GGR soared in final days of CNY: brokeragesMacau casino GGR soared in final days of CNY: brokerages February 23, 2021
  • Pansy Ho sells off more stock in MGM Resorts for US$36mlnPansy Ho sells off more stock in MGM Resorts for US$36mln February 23, 2021
  • Macau removes last mainland cities from its quarantine listMacau removes last mainland cities from its quarantine list February 23, 2021
  • GEG in US$1.6bln construction deal on Galaxy Macau Phase 4GEG in US$1.6bln construction deal on Galaxy Macau Phase 4 February 22, 2021
  • Macau VIP challenged by changes in China: Galaxy Ent bossMacau VIP challenged by changes in China: Galaxy Ent boss February 25, 2021
Copyright 2014-2020 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us