The Macau Metro Monitor, April 1, 2011
MONTHLY GROSS REVENUE FROM GAMES OF FORTUNE DICJ
March GGR was MOP20.09BN (HK$19.5BN, US$2.5BN), up 48% YoY.
BRAWL BETWEEN STANLEY HO AND SISTER GOES ON macaubusiness.com
The brawl between Stanley Ho and his sister Winnie Ho Yuen Ki continued as Ms Ho’s representatives were once again barred from attending STDM's annual general meeting. The two has been in a dispute with Ms. Ho accusing her brother of trying to oust her as a shareholder, after the shareholder registry book of the company was allegedly lost in 2001.
Ms Ho’s representatives said they were also denied access to STDM documents and are now considering to go to the courts again. They allege that STDM has not been paying Ms Ho its part of the company’s annual dividend. SJM had approved a total dividend of HK$2.8 billion.
CHINA MARCH RESIDENTIAL PROPERTY PRICES UP 0.59% VS FEBRUARY WSJ
According to China Real Estate Index System, residential property prices in 100 major cities in China rose 0.59% MoM in March, faster than February's 0.48% sequential change.
LANDMARK MANAGEMENT GETS HK$1.8 BILLION IN LOAN Macau Daily News
New Macau Landmark gets loan to revamp the Landmark Macau and invest in Macau Fisherman’s Wharf. The project includes turning the Landmark Macau into a characteristic hotel that brings in new elements to tourism, gaming entertainment, hotel and retail industries in the area.