International edition
June 25, 2021

The hearing is scheduled for April 28

MGM Macau closer to Hong Kong listing

(Macau).-MGM Macau’s listing hearing is scheduled for this week’s Thursday (April 28), according to The Standard. The firm is a joint venture between MGM Resorts International and businesswoman Pansy Ho Chiu King, with each owning an equal 50 % share.

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GM Macau’s IPO will be conducted through a vehicle company registered in the Cayman Islands, MGM China Holdings. The company is hoping to raise around US$ 1 billion (MOP8 billion).

 

After the IPO, MGM Resorts International will obtain 51 % ownership and management control, while Ms Ho will retain 29 % of the company.

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