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SJM HOLDINGS (00880.HK) Invests More Than MOP992.7 million in Macau Government Guidance Fund
2026-10-23 16:45:16 SJM HOLDINGS (00880.HK) announced that on Oct 23 (today), following arm's length negotiations, SJM Resorts entered into a limited partnership agreement and a subscription agreement to subscribe for participation interests in the Government Guidance Fund, with a total committed capital contribution of MOP992.7 million. The paid-in capital contribution made by SJM Resorts to the fund will be regarded as fulfilling an investment obligation of an equivalent amount under its concession contract. The fund was established to fulfill Macau government policy objectives, including promoting the adequate diversification of Macau's economy. The fund has a term of 15 years from the closing date and may be extended for up to two additional one-year periods.(ha/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |