Core Viewpoint - Jianpeng Holdings (01722) announced that its wholly-owned subsidiary, Jianpeng Construction Engineering Co., Ltd., received a letter of intent from a resort and casino operator regarding construction contracts for an activity center and a theater in Macau, with expected commencement in Q1 2026 [1] Group 1: Joint Venture and Agreements - Jianpeng Construction and its joint venture partner signed a joint venture agreement on October 8, 2025, establishing two joint ventures with ownership stakes of 60% and 40% respectively [1] - The joint venture partner is an independent third party, not related to Jianpeng Holdings [1] Group 2: Project Financials and Timelines - The total contract value for the activity center is expected to be approximately HKD 1.784 billion, with completion anticipated around Q3 2027 [1] - The total contract value for the theater is expected to be approximately HKD 875 million, with completion anticipated around Q4 2027 [1] - Both projects include several provisional contract amounts that may not necessarily be realized [1]
建鹏控股附属获澳门建造工程合约的意向书