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Melco Crown Entertainment Limited Message Board

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  • eason_hk2007 eason_hk2007 Oct 21, 2011 1:27 PM Flag

    fund raising and listing in Hongkong

    heard that the listing is by "introduction". it won't raise any money. Just to circulate the mpel stocks to Hongkong stock market.

    rumor told that the son of the richest chinese in philippine will join mpel to build a 15 billion casino in philippine. In return, this philippine businessman will gain a stake in mpel.

    but no matter which rumor is true. mpel needs capital to start new business projects. current market sentiment is bad for fund raising.

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    • Listing by introduction was never definate & for reasons you mentioned makes no sense or cents!
      I agree this is a horrible Global market to issue a IPO or SPO. I am wondering if the majority of money was coming from either free cash flow & debt that perhaps the debt can be extended as any listing will not be well received & at the current price extremly dillousive.

      I haven't heard that rumor concerning the Phillipine verture, I heard Taiwan & perhaps S. Korea maye open up their laws for more casinos...

      GLTA.

 
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