GEG Chairman Lui Che Woo says company has healthy balance sheet with cash and liquid investments of US$2.9 billion and net cash of US$2.5 billion as of 30 September.
GEG
Group’s future performance may be impacted by further Covid-19 outbreaks, despite balance sheet showing net cash of HK$20.3 billion.
Staff from two satellite casinos to be transferred to other GEG casinos and given training to adapt to new workplace as their employment terms remain unchanged.
Chairman Lui Che Woo points to solid balance sheet of HK$24.5 billion in cash, looks forward to Macao’s future recovery.
Conductors Yuan Ding and Hong Yin, young soprano Wei Jiani and local singer Sean Pang Veng Sam will star in programme of Chinese and Western classics.
Galaxy, Melco, Wynn and MGM all promise time off to staff who accompany underage or senior relatives to get vaccinated against Covid-19.
Group reports good results with net revenues reaching HK$19.7 billion; hopes to open Phase 3 hotel and convention centre in Cotai by early 2023 latest.
All six operators united in their appreciation of the proposed changes, undertake to cooperate fully with the government.
Casino boss praises developments in Hengqin and applauds near 100% vaccination rate among staff.