Lawrence Ho

Black Spade Capital Aims to Build an SPAC-themed Portfolio

Monday, February 22, 2021 - 8:15am

Savvy investors in the East are catching up fast with the trend and among them is Black Spade Capital Limited, the family office of casino magnate Lawrence Ho Yau Lung.

Key Points: 
  • Savvy investors in the East are catching up fast with the trend and among them is Black Spade Capital Limited, the family office of casino magnate Lawrence Ho Yau Lung.
  • "We aim to be one of the first Asian family offices to build an SPAC-themed portfolio," said Mr. Dennis Tam, President and CEO of Black Spade Capital.
  • The whole SPAC trend has to do to a certain extent with the abundance of capital in the market seeking return.
  • Black Spade Capital Limited is an established family office that manages the private investments of Mr. Lawrence Ho.

Melco’s pandemic-related efforts for the community led by Lawrence Ho win two accolades at 2020 Industry Community Awards

Wednesday, December 2, 2020 - 9:17am

MACAU, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been named winner of 2020 Industry Community Awards (ICA)s Community Award Asia.

Key Points: 
  • MACAU, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been named winner of 2020 Industry Community Awards (ICA)s Community Award Asia.
  • The award recognizes Melcos proactive and innovative corporate social responsibility initiatives, especially in its efforts to support the local community through the Companys Simple Acts of Kindness program.
  • We will continue to do our part as we work with communities and governments to generate positive impact through collective action.
  • In May, Lawrence Ho deployed the Companys workforce en masse to support the local community during work hours, encouraging all colleagues to care for the community through Simple Acts of Kindness.

Melco publishes second sustainability strategy report Above & Beyond

Monday, June 1, 2020 - 4:53am

MACAU, June 01, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment announces the publication of its 2019 sustainability report ( link ).

Key Points: 
  • MACAU, June 01, 2020 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment announces the publication of its 2019 sustainability report ( link ).
  • Mr. Lawrence Ho, Chairman & CEO of Melco Resorts & Entertainment, said, Last year, Melcos inaugural Above & Beyond sustainability strategy set out a comprehensive series of bold, strategic initiatives and ambitions to confront systemic issues within the hospitality industry.
  • One year on, amidst the current economic uncertainty, we remain firmly driven by our focus around our sustainability goals.
  • They stand at the core of our strategy and have become part of daily operations for our entire workforce, from top to bottom.

Melco to Focus on Core Operations as a Result of Global Health Emergency and Impact of Restrictions on Visitor Travel to Macau

Thursday, February 6, 2020 - 10:32am

Melco considers its core operations to be those businesses where it is the managing and majority shareholder.

Key Points: 
  • Melco considers its core operations to be those businesses where it is the managing and majority shareholder.
  • This includes operations in Macau, the Philippines, and Cyprus and its efforts to obtain a license to operate a Melco-owned (IR) in Japan.
  • Management attention will remain focused on these critical areas of Melcos business until such time as operations and business throughout Asia have returned to normal.
  • As a result of this decision, Melco will not pursue its planned investment in Australia for the second tranche of shares in Crown Resorts Limited (Crown).