格隆汇11月18日丨英皇国际(00163.HK)宣布，公司将于2025年11月28日(星期五)举行董事会会议，藉以 (其中包括)批准刊发公司及其附属公司截至2025年9月30日止六个月之中期业绩公告，以及考虑会否派 发中期股息。 ...

英皇國際集團有限公司（「本公司」）董事會（「董事會」）宣佈，本公司將於 2025年11月28日（星期五）舉行董事會會議，藉以（其中包括）批准刊發本公司及其 附屬公司截至2025年9月30日止六個月之中期業績公告，以及考慮會否派發中期股息。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 (於百慕達註冊成立之有限公司) (股份代號: 163) 董事會會議日期 於本公告日期，董事會成員為 : 非執行董事: 陸小曼女士 （主席） 執行董事: 楊政龍先生 （副主席） 范敏嫦女士 獨立非執行董事: 朱嘉榮先生 潘仁偉先生 關倩鸞女士 承董事會命 英皇國際集團有限公司 公司秘書 馮佩玲 香港，2025年11月18日 ...

董事会认为出售事项为集团提供良机，变现于该物业的投资。 智通财经APP讯，英皇国际(00163)公布，于2025年11月14日，该公司间接全资附属倡兆有限公司拟向华 侨银行(香港)有限公司出售该物业，为一幢位于香港湾仔告士打道60号的商业楼宇，总建筑面积为 95,515平方尺。代价为11.6亿港元。 ...

董事会认为出售事项为集团提供良机，变现于该物业的投资。 英皇国际(00163)公布，于2025年11月14日，该公司间接全资附属倡兆有限公司拟向华侨银行(香港)有限 公司出售该物业，为一幢位于香港湾仔告士打道60号的商业楼宇，总建筑面积为95,515平方尺。代价为 11.6亿港元。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 何部分的內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於百慕達註冊成立之有限公司） （股份代號：163） 非常重大出售事項 出售物業 於2025年11月14日（交易時段後），賣方（本公司之間接全資附屬公司）與買方 訂立該協議，據此，賣方已有條件地同意出售而買方已有條件地同意購買該 物業，代價為1,160,000,000港元（經參考該物業於2025年9月30日之初步估值為 1,160,000,000港元）。 根據上市規則第14章，出售事項構成本公司之非常重大出售事項，並須遵守上市 規則項下匯報、公告及股東批准之規定。 緒言 董事會宣佈，於2025年11月14日（交易時段後），賣方與買方訂立該協議，內容有關 買賣該物業。 日期為2025年11月14日之該協議 賣方 ： 倡兆有限公司 買方 ： 華僑銀行（香港）有限公司 擬出售之資產 根據該協議，賣方已有條件地同意出售而買方已有條件地同意購買該物業。 1 代價及付款條款 買方應付予賣方之代價為1,160,00 ...

Core Viewpoint - The closure of the Emperor Palace Casino in Macau, owned by entertainment tycoon Yang Shoucheng, highlights the challenges faced by satellite casinos amid regulatory changes and financial difficulties within the Emperor Group [4][7][22]. Summary by Sections Casino Closure - The Emperor Palace Casino has ceased operations, with its signage changed from "casino" to hotel promotions, reflecting its transition [6][10]. - The closure is part of a broader trend where many satellite casinos in Macau are set to stop operations by the end of the year due to regulatory changes [7][19]. Financial Impact - The casino's closure is significant for the Emperor Group, which is currently facing a debt crisis. The casino was a stable source of cash flow, contributing significantly to the group's finances [7][14]. - Prior to its closure, the casino had already reduced operations, with only slot machines remaining active, generating limited revenue compared to table games [9][12]. Historical Context - The Emperor Palace Casino opened in 2006 and quickly gained popularity, generating approximately 1.2 billion HKD in revenue in its first fiscal year [11]. - Despite its initial success, the casino's performance declined, especially during the pandemic, leading to consecutive years of losses [14][15]. Regulatory Environment - The Macau government has mandated that all satellite casinos must either cease operations or be acquired by licensed operators by the end of 2025, impacting the future of many such establishments [19][22]. - Other satellite casinos, including those owned by major operators, have also begun to close, indicating a significant shift in the Macau gaming landscape [20][21]. Market Trends - Despite the closures, reports indicate that Macau's gaming industry is experiencing a resurgence, with potential revenue growth expected in the coming months [22]. - Analysts predict that October's gaming revenue could reach between 23.3 billion to 24.1 billion HKD, marking a six-year high [22].

Core Viewpoint - Emperor Entertainment Hotel (00296.HK) announced the termination of its gaming operations at the Emperor Palace Casino, effective October 30, 2023, following an agreement with SJM Holdings [1][6][8]. Group 1: Termination of Operations - The Emperor Palace Casino ceased operations at 23:59 on October 30, 2023, as part of a mutual agreement between Emperor Entertainment's subsidiary, Tianhao, and SJM Holdings [6][8]. - This decision follows SJM Holdings' earlier announcement on June 9, 2023, regarding the discontinuation of gaming operations at several satellite casinos, including the Emperor Palace Casino [5][6]. Group 2: Financial Performance and Debt Issues - Emperor Entertainment Hotel reported a revenue of approximately HKD 1.2 billion for the fiscal year ending March 31, 2007, indicating strong initial performance [8]. - The company is currently facing significant financial challenges, with HKD 16.6 billion in overdue loans, raising concerns about its ongoing viability [15]. - Emperor International (00163.HK) reported total revenue of HKD 1.376 billion for the fiscal year 2024-2025, a 41.5% increase year-on-year, but also saw losses increase from HKD 20.28 billion to HKD 48.4 billion, a 138% rise [12][14]. Group 3: Future Business Direction - Despite the termination of gaming operations, Emperor Entertainment Hotel will continue its hotel business, including properties like the Emperor Scenic Hotel in Hong Kong [8]. - The company aims to maintain stable income from hotel and rental apartment operations for the fiscal years ending March 31, 2024, and 2025 [8].

Core Viewpoint - The recent closure of the Emperor Palace Casino in Macau highlights the ongoing challenges faced by the gaming industry in the region, particularly for companies like Emperor Entertainment Hotel and its affiliates, amid financial difficulties and operational changes [1][3][10]. Group 1: Casino Operations - Emperor Palace Casino ceased operations on October 30, 2023, as part of a termination agreement between its parent company, Tianhao, and Aoyou [1][3][10]. - Aoyou Holdings had previously announced on June 9, 2023, that it would stop operating gaming activities in several satellite casinos, including Emperor Palace [5]. - New Macau International Development also announced that its satellite casinos would end operations by the end of this year [6]. Group 2: Financial Performance - Emperor Entertainment Hotel reported stable income from hotel and rental apartment operations for the fiscal years ending March 31, 2024, and 2025, with cash reserves of approximately HKD 526 million and no bank borrowings [11]. - Emperor International's total revenue for the fiscal year 2024-2025 reached HKD 1.376 billion, a 41.5% increase year-on-year, but the loss increased from HKD 2.028 billion to HKD 4.84 billion, a 138% rise [14][16]. - As of March 31, 2023, Emperor International had HKD 16.6 billion in overdue bank loans, raising concerns about its ability to continue as a going concern [16]. Group 3: Debt Crisis and Asset Sales - The company is facing a significant debt crisis, with overdue loans potentially triggering immediate repayment demands [12][16]. - In response to financial pressures, Emperor Group has accelerated asset sales, including residential projects in Hong Kong and properties in Macau, totaling over HKD 2.23 billion in sales contracts [17][18]. - The company's financial troubles have roots in previous business failures, such as the closure of its cinema operations in late 2022, which led to bankruptcy due to high net liabilities [19].

Core Viewpoint - The recent closure of the Emperor Palace Casino in Macau marks a significant shift in the operations of Emperor Entertainment Hotel and reflects broader challenges within the gaming industry in the region [2][4][6]. Group 1: Company Operations - Emperor Palace Casino ceased operations on October 30, 2023, at 23:59, following a termination agreement between its subsidiary, Tianhao, and AUB [4][6]. - Emperor Entertainment Hotel will continue its hotel business, including properties like the Emperor Jockey Club Hotel in Hong Kong, despite the closure of the casino [8]. - The company reported stable income from hotel and rental apartment operations for the fiscal years ending March 31, 2024, and 2025 [8]. Group 2: Financial Performance - Emperor International reported a total revenue of approximately HKD 1.375 billion for the fiscal year ending March 31, 2025, a 41.5% increase from HKD 972.55 million in the previous year [12]. - However, the company also faced significant losses, with a net loss attributable to shareholders increasing from HKD 2.091 billion to HKD 2.321 billion, marking a 10.9% increase [12]. - As of March 31, 2023, Emperor International had HKD 16.6 billion in overdue bank loans, raising concerns about its ongoing viability [12][13]. Group 3: Market Context - The Emperor Palace Casino was once a prominent player in Macau's competitive gaming market, having opened in January 2006 and generating approximately HKD 1.2 billion in revenue for the fiscal year ending March 31, 2007 [8]. - The closure of the casino is part of a broader trend, as AUB had previously announced its decision to cease operations at several satellite casinos, including the Emperor Palace [4][6]. - The financial struggles of Emperor International have led to significant stock price declines, with shares dropping over 15% following the announcement of its financial difficulties [13].

Core Viewpoint - The recent closure of the Emperor Palace Casino in Macau marks a significant shift in the local gaming landscape, with implications for the Emperor Group and its financial health [1][2][9]. Group 1: Company Operations - Emperor Palace Casino ceased operations on October 30, 2023, at 23:59, following a termination agreement between its subsidiary, Tianhao, and AUB [2][9]. - The Emperor Entertainment Hotel will continue its hotel business, including properties like the Emperor Scenic Hotel in Hong Kong, despite the casino closure [10]. - The casino was known for its lavish opening in 2006, featuring a lobby adorned with 78 kilograms of gold, and had generated approximately HKD 1.2 billion in revenue for the fiscal year ending March 31, 2007 [10]. Group 2: Financial Performance - Emperor International reported a total revenue of HKD 1.375 billion for the fiscal year ending March 31, 2025, a 41.5% increase from the previous year, but the net loss increased from HKD 20.28 billion to HKD 48.4 billion, a 138% rise [13][15]. - As of March 31, 2023, Emperor International had HKD 16.6 billion in overdue bank loans, raising concerns about its ongoing viability [15]. - The company has been actively selling assets to improve its financial situation, including properties in Hong Kong and London, with significant price reductions [16][18]. Group 3: Industry Context - The closure of the Emperor Palace Casino is part of a broader trend, as other operators like AUB and Melco International have also announced the cessation of operations at satellite casinos [5][6]. - The gaming industry in Macau is facing increased competition and regulatory scrutiny, impacting the profitability of existing casinos [10].