13 Holdings Ltd. missed Monday´s deadline to open its luxury hotel in Macau, a condition of a HKD3 billion (USD384 million) loan from Bank of Communications Co. for the gaming project just off the Cotai strip, according to people familiar with the matter.
The 13 holdings
Ahead of the opening of its The 13 luxury hotel in Coloane slated for later this quarter, Hong Kong-listed property developer The 13 Holdings has announced that American investment firm Evolution Capital Management has acquired a major stake in its business.