Posted inChina, Macau

Macau’s casino giant to shed image of family-run business

Who really has control of SJM Holdings Limited, Macau’s longest running operator of 19 casinos? The question has been raised again after two of the company’s biggest shareholders decided to align their interests in the holding company. In an announcement on Wednesday, SJM shareholder Shun Tak Holdings said it had entered into an agreement with shareholder […]

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