MGM lifts Macau stake in US$325 million deal with Pansy Ho

MGM Resorts International has acquired more shares in its Macau unit in a deal valued at about US$325 million with Pansy Ho Chiu King, who will add to her stake in the Las Vegas-based parent company.According to a statement by MGM China Holdings to the Hong Kong Stock Exchange yesterday, MGM Resorts International has entered into a definitive agreement to acquire 188.1 million shares or 4.95 percent of MGM China from Grand Paradise Macau Limited, an entity controlled by Ho. The transaction

August 17, 2016 | BY admin

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Court orders drugged U-turn driver to report every 15 days

A man in his twenties who was caught driving in the wrong direction on Friendship Bridge on Sunday while high on drugs has been ordered to report to the authorities every 15 days, pending the outcome of further investigations, a statement from the Public Prosecutions Office (MP) said yesterday.According to the statement, the suspect has been released on his own recognisance but needs to report to the authorities every 15 days.The statement said the man was suspected of the consumption of

August 17, 2016 | BY admin

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Lawmaker calls for accountability system for officials

Lawmaker Si Ka Lon urged the government yesterday to set up an accountability system for senior officials. He made the appeal after a press conference held with fellow lawmakers Chan Meng Kam and Song Pek Kei at their joint office, summarising their work during the annual session of the Legislative Assembly (AL) which ended on Monday. The legislature is now on summer recess until October 15. Asked by the media what the government’s biggest problem was, Si said it was the lack of an

August 17, 2016 | BY admin

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Owners can be with their dogs during muzzle evaluation test: official

Civic and Municipal Affairs Bureau (IACM) Administrative Committee Member Ung Sau Hong said yesterday that owners will be allowed to be with their dogs when their canine friends will go through the bureau’s muzzle evaluation test.The test is to determine whether dogs weighing 23 kg or above need to be muzzled or not when being walked in public areas, after the Animal Protection Law takes effect on September 1.According to the new law, such dogs need to wear muzzles unless they pass the

August 17, 2016 | BY admin

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Police looking for barefoot robber

A robber who lost his flip flops while being chased by his victim on Monday night near Areia Preta Park is still on the loose, a Judiciary Police (PJ) spokesperson said in a regular press conference yesterday.According to the spokesperson, the suspect, who is in his forties and speaks Cantonese, wore flip flops, a yellow shirt, black trousers and a hat at the time of the robbery.The PJ spokeswoman said the victim, a woman, was walking near a parking metre area close to Areia Preta Park at about

August 17, 2016 | BY admin

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Drunken Uber driver faces prison, driving ban

The Court of First Instance (TJB) sentenced a driver working for the local branch of US online transportation network company Uber to four months imprisonment and banned him from driving for eighteen months for drink driving, according to a statement by the Public Prosecution Office (MP) earlier this week. The MP statement did not name the company. However, the local Uber branch reportedly confirmed over the weekend that the driver was working for it. A statement released by the

August 17, 2016 | BY admin

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Govt to initiate Iec Long heritage evaluation

Cultural Affairs Bureau (IC) President Guilherme Ung Vai Meng said yesterday his bureau would initiate a cultural heritage evaluation process for the former Iec Long Firecracker Factory in Taipa as soon as possible.Ung made the comments at Regency Hotel in Taipa where he attended the opening of the Guangdong-Hong Kong-Macau Film Production Investment and Trade Fair.In a hard-hitting report released by the Commission Against Corruption (CCAC) last month about the controversial Iec Long

August 17, 2016 | BY admin

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Lawmaker urges consensus on possible Land Law amendments

Lawmaker-cum-businessman Chan Meng Kam said yesterday that a wide consensus throughout civil society should be obtained before any possible amendments to the Land Law.Chan made the remarks during a press conference on the work for the 2015-2016 legislative session by Chan, Si Ka Lon and Song Pek Kei, at one of the trio’s service centres in the city, in Zape.The term ended on Monday.The three lawmakers won directly-elected seats in the legislative election in 2013 as candidates of the United

August 17, 2016 | BY admin

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Chui describes Tam as ‘good colleague’

Chief Executive Fernando Chui Sai On said yesterday that Secretary for Social Affairs and Culture Alexis Tam Chon Weng was a hard-working official, praising him as a “good colleague”.Chui spoke to reporters at the airport before departing for a working visit to Beijing.When asked by a TDM reporter how he evaluated the work performance of Tam, who lately has come under considerable criticism by some segments of the population, particularly after his controversial decision to redevelop the

August 16, 2016 | BY admin

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Water bills to rise in November

The Marine and Water Bureau (DSAMA) said in a statement yesterday that higher water tariffs will be in effect from November 1.The bureau said in the statement that more than 90 percent of domestic water users will need to pay less than 4.5 patacas more per cubic metre of water while about 60 percent of non-domestic water users are expected to pay less than seven patacas more per cubic metre of water.Non-domestic water users are classified in two groups – one refers to sectors such as the

August 16, 2016 | BY admin

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Group launches online vote for ‘nicknames’ of panda twins

Macau Concealers, an social media outlet under the grassroots New Macau Association (NMA), said yesterday that it will launch an online voting process for residents to choose “nicknames” for Macau’s first-ever locally born panda cubs. Jason Chao Teng Hei, the group’s vice president who heads Macau Concealers, said in a press conference at the association’s office yesterday that online voting on the proposed nicknames will be carried out on September 1-7. Chao, NMA President

August 16, 2016 | BY admin

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CE ‘confident’ enough repossessed plots to repay ‘land debt’

Chief Executive Fernando Chui Sai On said yesterday his government was “confident” that the total area of the plots of undeveloped land that it is to repossess is sufficient to compensate developers to whom it owes land-lease rights – the government’s so-called “land debt”. Chui spoke to reporters at the airport, before departing for Beijing where he is set to discuss the government’s first-ever Five-Year Development Plan with senior officials of the central

August 16, 2016 | BY admin

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Wynn to move 250 gaming tables from Nape to Cotai

Wynn Macau announced yesterday that it has got permission from the Gaming Inspection and Co-ordination Bureau (DICJ) to transfer 250 gaming tables from its casino-hotel complex in Nape to Wynn Palace in Cotai. The US gaming company headed by Steve Wynn made the announcement in a statement to the Hong Kong Stock Exchange. According to the statement, the company said it planned to transfer about 250 tables from Wynn Macau in Nape to Wynn Palace in Cotai, “bringing total table games at

August 16, 2016 | BY admin

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JCI urges SMEs to reduce emissions

The Junior Chamber International Macau (JCI Macau) will host a forum urging small and medium-sized enterprises (SMEs) to reduce carbon and non-carbon emissions, the group’s president said yesterday in a press conference at the group’s office in Rua da Santa Clara. JCI Macau will hold the 2016 CSR International Forum – Business Opportunity with the Trend of Emission Reduction, at the Macau Science Centre on Saturday.  Fanny Gabriella Chan Iok Fan, the group’s vice-president for

August 16, 2016 | BY admin

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