Tag Archives: Grand Paradise Macau
China – MGM increases stake in MGM China
MGM Resorts has bought 188,100,000 ordinary shares of its subsidiary MGM China Holdings from Grand Paradise Macau, an entity controlled by Ms. Pansy Ho. As a result of the transaction, the Company owns approximately 56 per cent of MGM China’s outstanding common shares and Ms. Ho owns approximately 22.5 per cent. “Our increased stake in…
