|Bid||2.000 x 0|
|Ask||2.080 x 0|
|Day's Range||2.000 - 2.220|
|52 Week Range||1.550 - 322.500|
|Beta (3Y Monthly)||3.07|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Feb 4 (Reuters) - Landing International Development Ltd : * EXPECTED TO RECORD A NET LOSS FOR YEAR ENDED 31 DECEMBER 2018 * EXPECTED RESULT DUE TO INCREASE IN OPERATING EXPENDITURES, AMORTIZATION AND DEPRECIATION ...
The Philippines is banking on a steady stream of foreign high rollers to drive gambling revenue to a record this year even as it braces for greater competition from neighbours who want to cash in on the casino boom, the head of the state gaming regulator said on Tuesday. Gross gaming revenue of the casino industry, which includes the local units of Macau's Melco Resorts & Entertainment Ltd and Japan's Universal Entertainment Corp, is expected to reach 217 billion pesos ($4.1 billion) this year, up 8.5 percent from a year earlier, Andrea Domingo, chairman, Philippine Amusement and Gaming Corp (Pagcor), told Reuters. "All the integrated casino resorts are doing very well," Domingo added.
Casino operator and resort developer Landing International Development Ltd said its chairman and executive director, Yang Zhihui, resumed duties on Monday after assisted an investigation in China. Landing did not provide any details on the investigation, but added it had been unable to contact Yang since Aug. 23. "Mr. Yang explained that he has been assisting the relevant department of the People's Republic of China with its investigation during the period of his absence," Landing said in a filing to the Hong Kong bourse late on Monday.
Nov 26 (Reuters) - Landing International Development Ltd : * YANG ZHIHUI HAS RESUMED HIS DUTIES AS CHAIRMAN OF BOARD AND EXECUTIVE DIRECTOR ON 26 NOVEMBER Source text for Eikon: Further company coverage:...
Japan's Universal Entertainment Corp is taking its Philippines casino operator public through a backdoor listing in Manila, amid an uncertain political environment for the business in the Southeast Asian nation. Asiabest Group International, an investment holding company listed on the Philippine stock exchange, said on Tuesday its shareholders signed a deal for Universal's subsidiary, Tiger Resort Asia Ltd, to acquire two-thirds of the company for 646.5 million pesos ($12 million). Tiger owns the operator of the $2.4 billion Okada Manila integrated casino-resort.
Aug 31 (Reuters) - Landing International Development Ltd : * XU NING AND CHAN MEE SZE HAVE BEEN APPOINTED AS EXECUTIVE DIRECTORS Source text: http://bit.ly/2wtbQKc Further company coverage:
Casino operator Landing International Development Ltd said it has not been able to contact its chairman and controlling shareholder for over a day, sending its Hong Kong-listed shares down as much as 33 percent. The announcement comes just weeks after Landing's $1.5 billion integrated casino project in the Philippines was halted by the president, saying it was unfavourable to the government. In a statement late on Thursday, Landing said it had been "unable to contact or reach" Yang Zhihui since earlier that day, adding its operations and finances were normal.
Aug 23 (Reuters) - Landing International Development Ltd : * NOTED FLUCTUATION IN PRICE AND TRADING VOLUME OF SHARES OF COMPANY ON 23 AUGUST 2018 * CONFIRMS CO HAS BEEN UNABLE TO CONTACT CHAIRMAN YANG ...
Aug 23 (Reuters) - Landing International Development Ltd : * TRADING IN SHARES HAS BEEN HALTED AT 10:53 A.M. ON AUG 23 Source text for Eikon: Further company coverage:
The Philippine justice minister has ordered a review of a lease agreement for a $1.5 billion casino project by Landing International Development after President Rodrigo Duterte abruptly halted it, saying it was unfavourable to the government. Just as Hong Kong's Landing broke ground on Tuesday on the integrated casino-resort at Manila's Entertainment City, Duterte sacked the board of the Nayong Pilipino Foundation which administers the land and who had agreed the terms of Landing's lease, which tied the government to a lengthy contract that collected rent at far below market value. Justice Secretary Menardo Guevarra said the deal between state-owned Nayong Pilipino and Landing would be investigated, but stressed that it did not mean the project was dead.
Philippine leader Rodrigo Duterte said on Wednesday there would be no new casinos set up during his presidency, a day after abruptly shelving Landing International's $1.5 billion integrated casino project in Manila. The Philippines is one of Asia's fastest-growing gambling markets and its integrated casino-resorts have helped create jobs and generate tax and tourism revenue. It also benefits from bans on gambling in many Southeast Asia nations.
Aug 7 (Reuters) - Landing International Development Ltd : * NOTES CERTAIN PRESS ARTICLES REGARDING LEASE BETWEEN NAYONG PILIPINO FOUNDATION INC & LANDING RESORTS PHILIPPINES * CLARIFIES CO HAS NO KNOWLEDGE ...
Philippines President Rodrigo Duterte will cancel Landing International Development Ltd's $1.5 billion integrated casino project in the capital, his spokesman said minutes after the Hong Kong-listed firm broke ground on Tuesday. Presidential spokesman Harry Roque said the lease contract that Landing signed with a state-owned foundation in March has significantly put the government at a disadvantage because the rental payment was "unconscionable".
Aug 2 (Reuters) - Landing International Development Ltd : * H1 REVENUE HK$1.75 BILLION VERSUS HK$381 MILLION * H1 PROFIT ATTRIBUTABLE HK$280.6 MILLION VERSUS HK$48.6 MILLION Source text for Eikon: Further ...
July 27 (Reuters) - Landing International Development Ltd : * EXPECTED THAT GROUP MAY RECORD A SIGNIFICANT INCREASE IN NET PROFIT FOR SIX MONTHS ENDED 30 JUNE 2018 * EXPECTED RESULT DUE TO INCREASED REVENUE ...
The Philippines' gaming regulator has granted Hong Kong's Landing International Development Ltd a license to build a $1.5 billion integrated casino project in the capital, an official said on Thursday. This will be the fifth casino project in the Philippines' smaller version of the Las Vegas strip, highlighting the growth prospects in one of Asia's fastest-growing gambling markets. The Philippine Amusement and Gaming Corp issued a provisional license for Landing's theme park with a casino component south of the capital, Alfredo Lim, president of the regulator, told Reuters.
July 25 (Reuters) - Landing International Development Ltd : * APPLIED TO STOCK EXCHANGE FOR RESUMPTION OF TRADING IN SHARES WITH EFFECT FROM 9:00 A.M. ON 26 JULY 2018 * PHILIPPINE AMUSEMENT AND GAMING ...
July 25 (Reuters) - Landing International Development Ltd : * TRADING IN SHARES OF CO HALTED PENDING ANNOUNCEMENT ON INSIDE INFORMATION OF COMPANY Source text for Eikon: Further company coverage:
May 29 (Reuters) - Landing International Development Ltd : * PROPOSES THAT EVERY 50 ISSUED SHARES OF HK$0.01 EACH BE CONSOLIDATED INTO 1 SHARE WITH VALUE OF HK$0.50 EACH Source text for Eikon: Further ...