July 27, 2016 11:00 AM ET

Hotels, Restaurants and Leisure

Company Overview of Macau Legend Development Limited

Company Overview

Macau Legend Development Limited, an investment holding company, engages in the ownership of entertainment and casino gaming facilities in Macau. The company operates through Gaming and Non-Gaming segments. It is involved in a portfolio of gaming and leisure activities through its properties located in the Macau, namely The Landmark Macau, an integrated hotel, casino, and luxury shopping complex located in the Macau Peninsula; and Macau Fisherman’s Wharf, a waterfront integrated gaming, hotel, convention, and entertainment complex that includes a cultural facility, a canopied open-air shopping area, a dining and entertainment colonnade, a yacht club at the marina, and other attractions locat...

Macau Landmark Building

21st Floor

No. 555 Avenida da Amizade

Macau,  

Macau

Founded in 2006

3,210 Employees

Phone:

853 2822 2211

Fax:

853 2822 2266

Key Executives for Macau Legend Development Limited

Co-Chairman, Chief Executive Officer, Member of Nomination Committee and Member of Remuneration Committee
Age: 65
Total Annual Compensation: $11.4M
Vice Chairman and Member of Remuneration Committee
Age: 88
Total Annual Compensation: $2.7M
Executive Director and Member of Nomination Committee
Age: 52
Total Annual Compensation: $2.2M
Compensation as of Fiscal Year 2015.

Macau Legend Development Limited Key Developments

Macau Legend Development Limited Announces Management Changes

The board of directors Macau Legend Development Limited of Macau Legend Development Limited announced that Mr. Chan Kin Man has resigned as the Executive Vice President, Chief Financial Officer and Company Secretary of the Company with effect from 1 July 2016 to pursue other career aspiration. The Board announced that Mr. Yuen Chin Yau, Laurence has been appointed as the Executive Vice President, Chief Financial Officer and Company Secretary of the Company with effect from 1 July 2016. The Board also announced that, with effect from 1 July 2016, Mr. Chan has ceased to be, and Mr. Yuen has been appointed as, the alternate authorised representative of the Company to Mr. Tong Ka Wing, Carl.

Macau Legend Development Limited Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016

Macau Legend Development Limited announced unaudited consolidated earnings results for the first quarter ended March 31, 2016. Total reported revenue decreased by approximately 3.7% to approximately HKD 350.6 million in the first quarter of 2016 from approximately HKD 364.2 million in the first quarter of 2015. Adjusted EBITDA decreased by approximately 52.2% to approximately HKD 35.8 million in the quarter from approximately HKD 74.9 million in the first quarter of 2015.

Macau Legend Development Limited, Annual General Meeting, Jun 08, 2016

Macau Legend Development Limited, Annual General Meeting, Jun 08, 2016, at 16:30 China Standard Time. Location: The Lagoon, The Landmark Macau 555 Avenida da Amizade Macau Agenda: To consider and receive the audited consolidated financial statements of the Company and the reports of the directors and auditor of the Company for the year ended 31 December 2015; to consider re-election of directors and to authorize the board of Directors to fix the respective Directors’ remuneration; to re-appoint Deloitte Touche Tohmatsu as auditor of the Company and to authorize the Board to fix the auditor’s remuneration; and to transact such other business issues.

Similar Private Companies By Industry

Company Name Region
Chong Gold International Limited Asia
Espantosa Hotel Asia
Fu Hua Guangdong Hotel (Macau) Asia
Grand Emperor Hotel Asia
Grand Waldo Entertainment Limited Asia

Recent Private Companies Transactions

Type
Date
Target
Buyback
June 8, 2016
--
Merger/Acquisition
March 23, 2016
Property at 549-567 Avenida da Amizade, Macau
Buyback
August 20, 2015
--
 

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