Investments
The Group owns diversified valuable investment in Macau and Hong Kong. It possesses an effective interest in Sociedade de Turismo e Diversões de Macau, S.A. (“STDM”) of approximately 15.8%. STDM in turn owns approximately 54.81% of SJM Holdings Limited (“SJM Holdings”), a listed company in Hong Kong. SJM Holdings is effectively entitled to a 100% economic interest in SJM Resorts, Limited (formerly known as “Sociedade de Jogos de Macau S.A.”), one of six gaming concessionaries licensed by the Macau SAR Government to operate casinos in Macau.
The Group, through a three-way consortium with business partners, was awarded a contract comprising a five-year tenancy agreement of Kai Tak Cruise Terminal commencing from 1 June 2023. Designed to accommodate the new class of mega-cruisers, the terminal is instrumental in developing Hong Kong into an international cruise hub.
Retail Matters Company Limited is the Group’s retail arm and the license holder of “Toys‘R’Us” in Macau. Since the opening of its flagship store at Nova Mall in 2020, Toys‘R’Us Macau continues to stand as the leader of the industry, offering over 40,000 square feet of toys store space at its three different locations – Nova Mall, Macau Tower and Senado Square. It has also acquired “Stecco Natura Gelaterie” from Italy to become the worldwide owner of this gelato brand, which further strengthens the Company’s retail portfolio.