International edition
August 04, 2021

Until the end of 2016

SJM renews supplier agreement with STDM

(Macau).- Casino operator SJM Holdings has renewed a master agreement to purchase products and services from its controlling shareholder, Sociedade de Turismo e Diversões de Macau (STDM).

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TDM will provide hotel rooms, entertainment and staff canteens, transport, hotel management, and maintenance services to SJM Holdings until the end of 2016. The new contract caps the cost of hotel rooms, entertainment and staff canteens, and transport to a total of no more than us$ 54 million for this year, us$ 63 million for next year and us$ 75 million in 2016.

STDM has a 54.9-% share in SJM Holdings.

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