THE M3: MPEL HK IPO; SANDS COTAI CENTRAL

08/05/11 09:27AM EDT

The Macau Metro Monitor, August 5, 2011

MELCO CROWN EYES $600 MILLION HONG KONG IPO: REPORT West Australian

According to a Dow Jones source, MPEL is looking to raise $400-600MM for its HK IPO.  The source also said the IPO would launch in Q4.

SANDS CHINA SIGNS DEAL WITH HILTON, IHG FOR COTAI PROJECT WSJ

Sands China has signed franchise agreements with Hilton Worldwide and IHG for hotels at Sands Cotai Central.  Hilton's five-star Conrad is expected to open in 1Q 2012 with more than 600 rooms.  A four-star Holiday Inn by InterContinental should also open in 1Q 2012 with more than 1,200 rooms.

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