Tag Archives: Macau Legend Development
China – Volcanoes burned out in Fisherman’s Wharf overhaul
Macau Legend Development has confirmed it is redeveloping its Fisherman’s Wharf on Macau’s peninsula, replacing fake volcanoes and a Roman amphitheatre with an opera house and dinosaurs. Despite only raising US$283m, less than half of what it wanted when it floated on the Hong Kong stock exchange in July, Macau Legend’s owner David Chow believes…
China – Troubled markets see Macau Legend half IPO value
Macau casino operator Macau Legend Development has now relaunched its Hong Kong initial public offering, at almost half of the value presented in the first IPO due to a lower than expected demand caused by unpredictable markets. The operator, which owns the Macau Fisherman’s Wharf development, is now hoping to obtain up to $360m by…
