|Bid||7.260 x 0|
|Ask||7.270 x 0|
|Day's range||7.260 - 7.430|
|52-week range||5.960 - 8.680|
|PE ratio (TTM)||20.95|
|Forward dividend & yield||0.20 (3.01%)|
|1y target est||7.86|
Along a three-kilometre (2-mile) stretch of coastline in central Vietnam, construction cranes are digging up mounds of sand and rubble where the country's biggest casino is set to open next year. Driving the project is Suncity Group Holdings Ltd, which has made billions luring high-rollers – mainly from China - to the baccarat tables in the Chinese territory of Macau. Vietnam is betting big on developing a gambling industry, targeting the Chinese tourists who have been flocking to the country in recent years.
Macau gambling king Stanley Ho, one of Asia's richest men, will retire as chairman of SJM Holdings at the forthcoming Annual General Meeting on June 12, the casino operator said in a filing to the Hong Kong bourse late on Thursday. Ho, 96, will stay on as Chairman Emeritus to the company. "Dr. Ho has justifiably been acknowledged as the founding father of Macau's gaming industry, which has for some time been the largest in the world in terms of revenue," SJM said.
April 12 (Reuters) - SJM Holdings Ltd: * HO HUNG SUN, STANLEY WILL RETIRE FROM HIS POSITIONS AS CHAIRMAN AND EXECUTIVE DIRECTOR * HO CHIU FUNG, DAISY TO SUCCEED AS CHAIRMAN AND EXECUTIVE DIRECTOR * APPOINTS ...
HONG KONG, April 1 (Reuters) - Gambling revenue in the Chinese territory of Macau posted a 22 percent gain for the month of March, due to sustained demand for gambling in the country's only legal casino ...
Feb 28 (Reuters) - SJM Holdings Ltd: * FY GAMING REVENUE HK$ 41.29 BILLION VERSUS HK$41.27 BILLION * FY NET PROFIT HK$1.96 BILLION VERSUS HK$ 2.33 BILLION * RECOMMENDS PAYMENT OF A FINAL DIVIDEND OF ...