Casa De Macau Newsletter
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The International Legal Personality of Macao' 24 Hong Kong Law Journal 328-341
ANALYSIS The International Legal Personality of Macau Introduction The question of international legal status/personality1 is increasingly difficult to answer with a degree of precision since the relevance of traditional criteria and symbols of statehood is diminishing in a global environment characterised by the proliferation of not-readily-definable entities which clamour for recog nition as autonomous political units.2 The requirements of 'a permanent population; a defined territory; govern ment; and capacity to enter into relations with other States'3 — which are accepted by international lawyers as 'customary international law' — by no means represent sufficient4 or even necessary3 qualifications of statehood. Clearly, the less legalistic symbols of statehood, such as kings/presidents, armies, central banks, currency, or passports, offer no reliable yardsticks.6 Nor for that matter is membership in the United Nations particularly instructive in respect of the key distinguishing attributes of statehood. Current members include Carribbean pinpoints such as Saint Christopher and Nevis or Saint Lucia, as well as other microentities like Vanuatu in the Pacific or San Marino in Europe — but not Taiwan.7 Neither is the UN practice with regards to admission — including the implementation of stipulated8 requirements 'International legal personality' is broadly defined in terms of the capacity to exercise international rights and duties. The International Standards Organisation, which assigns two-letter codes for country names, has 239 on -
Research Cover
Shore Capital Macau Property Opportunities Fund Analysts: Jon Bell Gavin Jago September 2008 United Kingdom Macau Property Opportunities Fund+ N/R Property development in Macau 25th September 2008 Site visit & initiation of coverage 87p FTSE AIM All Share 681 Reuters/Bloomberg MPO.L/ MPO LN Rising in the East No. of shares - diluted (m) 105 Macau has now overtaken Las Vegas as the world’s premier gaming Mkt Cap (£m) 91 location (gaming revenues exceeded $10bn last year as the region attracted Pro forma debt (£m) 14 27 million visitors). This is creating a fertile environment for property EV (£m) 105 development as locals and investors demand higher-quality properties 1 across all classes. As an established investor and developer with a strong NAV as at 30/06/08 (p) 154 Premium to share price (%) 77 local presence and a valuable portfolio of projects, we believe MPO is well Shore Capital NPV (p)1 174 placed to generate high returns from the region’s transformation. Premium to share price (%) 100 Website www.mpofund.com Strict adherence to investment strategy. MPO has adopted a judicious approach to investment, undertaking careful due diligence prior to committing Absolute performance (%) capital. Targeting niche property opportunities often overlooked by larger 1m/3m/12m -/(14)/(25) Relative to FTSE AIM All Share (%) developers, the company is focused on the luxury and entry-level residential, 1m/3m/12m +15/+18/+13 mixed-use and industrial segments. To date, MPO has committed c$294m to projects (c156% of the company’s total equity). Management has adopted a Analysts: prudent approach to the use of financial gearing, unlike many of its peers, and Jon Bell 0207 647 8130 agreed terms at attractive rates, leveraging off its excellent banking relationships. -
2020 Annual Report
Stock Code: 1928 and Note Stock Codes: 5140, 5141, 5142, 5725, 5727, 5733, 40246, 40247, 40584, 40585 www.sandschina.com From Luxury Duty Free Shopping, Exciting Entertainment and Fabulous Dining to World-Class Hotel Suites and MICE, Come and Discover Everything at Sands China. SANDS CHINA LTD. CONTENTS 1. OVERVIEW 4 1.1 Financial Results Summary 4 1.2 Highlights of 2020 5 1.3 Directors and Senior Management 11 2. BUSINESS REVIEW 18 2.1 Chairman’s Statement 18 2.2 Business Overview and Outlook 20 2.3 Our Properties 26 2.4 Management Discussion and Analysis 33 2.5 Priority Risk Factors 47 2.6 Stakeholder Information 59 3. CORPORATE GOVERNANCE 66 REPORT 3.1 Introduction 66 3.2 Corporate Governance Code Compliance 66 3.3 Board Governance Structure 67 3.4 The Board 68 3.5 Audit Committee 74 3.6 Remuneration Committee 76 3.7 Nomination Committee 78 3.8 Capex Committee 81 3.9 Risk Management and Internal Control 82 3.10 Shareholders 87 3.11 Compliance Disclosures and Other Matters 90 3.12 Directors’ Report 92 4. FINANCIAL STATEMENTS 113 4.1 Independent Auditor’s Report 113 4.2 Financial Statements 117 4.3 Notes to the Consolidated Financial Statements 123 4.4 Financial Summary 193 5. CORPORATE INFORMATION 194 6. CONTACT US 195 7. GLOSSARY 196 In case of any inconsistency between the English version and the Chinese version of this Annual Report, the English version shall prevail. SANDS CHINA LTD. 1.1 FINANCIAL HIGHLIGHTS 2 ANNUAL REPORT 2020 SANDS CHINA LTD. 1.1 FINANCIAL HIGHLIGHTS our Luxurious Hotel Rooms and Suites await you. -
Wartime Macau
Wartime Macau Under the Japanese Shadow Edited by Geoff rey C. Gunn Hong Kong University Press Th e University of Hong Kong Pokfulam Road Hong Kong www.hkupress.org © 2016 Hong Kong University Press ISBN 978-9 88-8390-51-9 (Hardback) All rights reserved. No portion of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any infor- mation storage or retrieval system, without prior permission in writing from the publisher. British Library Cataloguing-in-Publication Data A catalogue record for this book is available from the British Library. 10 9 8 7 6 5 4 3 2 1 Printed and bound by Paramount Printing Co., Ltd. in Hong Kong, China Contents List of Illustrations vii Acknowledgements viii Abbreviations ix Introduction 1 Geoff rey C. Gunn Chapter 1 Wartime Macau in the Wider Diplomatic Sphere 25 Geoff rey C. Gunn Chapter 2 Macau 1937–45: Living on the Edge: Economic Management over Military Defences 55 João F. O. Botas Chapter 3 Hunger amidst Plenty: Rice Supply and Livelihood in Wartime Macau 72 Geoff rey C. Gunn Chapter 4 Th e Macanese at War: Survival and Identity among Portuguese Eurasians during World War II 94 Roy Eric Xavier Chapter 5 Nossa Gente (Our People): Th e Portuguese Refugee Community in Wartime Macau 116 Stuart Braga Chapter 6 Th e British Army Aid Group (BAAG) and the Anti-Japanese Resistance Movement in Macau 141 Geoff rey C. Gunn vi Contents Epilogue 166 Geoff rey C. Gunn Conclusion 178 Geoff rey C. -
Casa De Macau Newsletter
Source: MGTO President’s Report Hope to see many more youth members at future events. Kung Hei Fat Choi and Happy New Year! I hope you all had an enjoyable Christmas and festive season. On behalf of the Committee, we would like to wish you and your families, good health and peace in 2018. The Committee have organised a Yum Cha for NSW at St Picture above: Casa Youth members who attended George Leagues Club on Sunday 4th March 2018 to welcome our Christmas Lunch. The Year of the Dog, we have sent out a separate flyer earlier this month. Casa will also have our usual two major functions, Dia de Sao Joao and Christmas. This year brings on some exciting changes to our events, we will keep you posted as the year progresses. We are most appreciative to the excellent food and service we have received from Sidney and staff at Ryde Eastwood Leagues Club over the years. I have included the dates for our upcoming events until July 2018. We hope you will continue to support the wonderful efforts of our Committee and volunteer chefs. Picture above: Your 2018 Committee in attendance at Christmas lunch. From Left: Mary Rigby, Ed Rozario, Nina Our Interstate representatives will be arranging their Deacon, Antonia Olaes, Stephanie Deacon (Youth Leader), functions for 2018 and will advise members accordingly. We Antonieta Manolakis, Leonardo Amarante and Irene wish you all a wonderful gathering at these events and thank Mahanidis. (Apologies: Marcus Guttierez and Belinda Rosario). your representatives for all their efforts in organising these events. -
Judicial Cooperation in Criminal Matters in the Special Administrative Regions of Hong Kong and Macau
Judicial cooperation in criminal matters in the Special Administrative Regions of Hong Kong and Macau. Through the lens of “one country, two systems” and the surrender of fugitives to Mainland China Cooperação judiciária em matéria criminal nas Regiões Administrativas Especiais de Hong Kong e Macau. À luz do “um país, dois sistemas” e da entrega de fugitivos à China Continental Miguel Manero de Lemos1 University of Macau - Macau [email protected] https://orcid.org/0000-0003-3644-2006 Teresa Lancry Robalo2 University of Macau – Macau [email protected] https://orcid.org/0000-0001-5449-063X ABSTRACT: This Article proceeds in three parts. Part I (The constitutio- nal systems of the Special Administrative Regions of Hong Kong and Macau) introduces the readers to the historical background of Hong Kong and Macau and the “one country, two systems” constitutional orders in force in the Hong Kong and the Macau Special Administrative Regions of the People’s Republic of China. It also informs on the most relevant constitutional developments occurring in the first two decades of existence of these two special regions. Part II (Judicial cooperation in criminal matters in the Special Administrative Regions) explains how such constitutional orders influence the extant legal framework on 1 Assistant Professor at the Faculty of Law, University of Macau. Phd in Law, Fac- ulty of Law, University of Coimbra. 2 Assistant Professor at the Faculty of Law, University of Macau. Phd in Law, Fac- ulty of Law, University of Macau. 737 738 | LeMoS; RobALo. judicial cooperation in criminal matters, which applies to external cooperation with other states or territories, but not to cooperation between the different jurisdictions within China, for which there are no positive rules currently in force. -
Portugal, the People's Republic of China and the Macau Business Elites
UvA-DARE (Digital Academic Repository) Regional integration and differentiation in a globalizing China : the blending of government and business in post-colonial Macau Trigo de Sousa, M.I.R.B. Publication date 2009 Link to publication Citation for published version (APA): Trigo de Sousa, M. I. R. B. (2009). Regional integration and differentiation in a globalizing China : the blending of government and business in post-colonial Macau. General rights It is not permitted to download or to forward/distribute the text or part of it without the consent of the author(s) and/or copyright holder(s), other than for strictly personal, individual use, unless the work is under an open content license (like Creative Commons). Disclaimer/Complaints regulations If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library: https://uba.uva.nl/en/contact, or a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible. UvA-DARE is a service provided by the library of the University of Amsterdam (https://dare.uva.nl) Download date:26 Sep 2021 CHAPTER 3. The De-colonization Period: Portugal, the People’s Republic of China and the Macau Business Elites (1949-1999) 3.1. Introduction In the previous chapter, we have seen how the geographical, political and cultural distance between Portugal and China have shaped Macau’s colonial trajectory in terms of two major (and interrelated) processes: the development of a relatively autonomous local government, and the development of equally autonomous social and economic organizations outside Macau’s governmental sphere. -
Experience, Memory and the Construction of the Past Remembering Macau 1941 - 1945
EXPERIENCE, MEMORY AND THE CONSTRUCTION OF THE PAST REMEMBERING MACAU 1941 - 1945 by MELANIA DAWN CANNON B.A., Mount Allison University, 1999 A THESIS SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF ARTS in THE FACULTY OF GRADUATE STUDIES (Department of History) We accept this thesis as conforming to the required standard THE UNIVERSITY OF BRITISH COLUMBIA August 2001 © Melania Dawn Cannon, 2001 In presenting this thesis in partial fulfilment of the requirements for an advanced degree at the University of British Columbia, I agree that the Library shall make it freely available for reference and study. I further agree that permission for extensive copying of this thesis for scholarly purposes may be granted by the head of my department or by his or her representatives. It is understood that copying or publication of this thesis for financial gain shall not be allowed without my written permission. Department of The University of British Columbia Vancouver, Canada Abstract During most of the Second World War, from the attack on Pearl Harbor in 1941 to the Japanese surrender in 1945, the Portuguese colony of Macau was the only neutral territory in the Pacific. During these years the colony served as a haven for hundreds of thousands who were fleeing Japanese expansion. A central aspect of Macau's war experience was the internal life of the colony. However, little or no published or archival material is available on this subject. Accordingly, the only feasible way to study this aspect of the territory's history is to draw on the testimony of those who in fact did experience wartime conditions in Macau. -
Portuguese Defence Activities at Macau During the Boxer Uprising
Journal of Chinese Military History 6 (2017) 193-218 brill.com/jcmh Portuguese Defence Activities at Macau During the Boxer Uprising Teddy Y. H. Sim National Institute of Education, Nanyang Technological University [email protected] Abstract This article examines Portuguese colonial and military activities at Macau during the Boxer Uprising of 1900, connecting developments across the border in Guangdong with initiatives undertaken by the colonial authorities in Macau. The Portuguese perceived the situation to be serious enough that substantial reinforcements were eventually sent from the metropole, in addition to various other measures taken to strengthen the colony’s defenses. Portugal also used Macau as a base to coordinate the operations of its consulates in China, and exploited the Boxer debacle to press for new concessions and other advantages at China’s expense. At the end, it is hoped that the limited and relatively unknown role played by Portugal, in conjunction with the larger kaleidoscope of events around Macau, may be better illuminated. Keywords Macau – Boxer Uprising – events of 1900 – Portuguese Far East – Portuguese colonialism – Portuguese military history Brief Survey A somewhat sceptical source describes Portugal as having “participated in the [Allied] suppression” of the Boxer Uprising.1 While it is entirely possible for a state to be involved in an international campaign in a low-key role, as a few countries were in the Gulf War of 1990-91, the author of this article has 1 Clarence-Smith 1985, 3. © koninklijke brill nv, leiden, 2017 | doi 10.1163/22127453-12341317Downloaded from Brill.com10/01/2021 01:05:02PM via free access 193 194 Sim not seen any fuller treatment on this piece of information about Portugal. -
Hong Kong Dollar (HK$) Which Is Accepted As Currency in Macau
Interesting & Fun Facts About Macau . The official name of Macau is Macau Special Administrative Region. The official languages of Macau are Portuguese and Chinese. Macau lies on the western side of the Pearl River Delta, bordering Guangdong province in the north. Majority of the people living in Macau are Buddhists, while one can also find Roman Catholics and Protestants here. The economy of Macau largely depends upon the revenue generated by tourism. Gambling is also a money-generating affair in the region. The currency of Macau is Macanese Pataca. After Las Vegas, Macau is one of the biggest gambling areas in the world. In fact, gambling is even legalized in Macau. Macau is the Special Administrative Region of China. It is one of the richest cities in the world. Colonized by the Portuguese in the 16th century, Macau was the first European settlement in the Far East. Macau is one of the most densely populated regions in the world. Macau ranks amongst the top 10 regions in the world, with a quite high life expectancy at birth. Macau is a highly humid region, with the humidity ranging anywhere between 75% and 90%. It receives fairly heavy rainfall as well. The Historic Centre of Macau, including twenty-five historic monuments and public squares, is listed as a World Heritage Site by UNESCO. The tourists of Macau should know that tipping is a very popular as well as important tradition followed in the region. Nearly 10% of the bill is given as tip in most of the restaurants and hotels of Macau http://goway.com/blog/2010/06/25/interesting-fun-facts-about-macau/ Basic Information on Macao (east-asian-games2005.com) Updated: 2005-09-27 15:23 Geographical Location Macau is located in the Guangdong province,on western bank of the Pearl River Delta,at latitude 22o14‘ North,longitude 133 o35‘ East and connected to the Gongbei District by the Border Gate (Portas do Cerco) isthmus. -
The Macau Gaming Industry: Historical Patterns, Contemporary Policies and State-Business Relations in the Local Casino Economy
UvA-DARE (Digital Academic Repository) Regional integration and differentiation in a globalizing China : the blending of government and business in post-colonial Macau Trigo de Sousa, M.I.R.B. Publication date 2009 Link to publication Citation for published version (APA): Trigo de Sousa, M. I. R. B. (2009). Regional integration and differentiation in a globalizing China : the blending of government and business in post-colonial Macau. General rights It is not permitted to download or to forward/distribute the text or part of it without the consent of the author(s) and/or copyright holder(s), other than for strictly personal, individual use, unless the work is under an open content license (like Creative Commons). Disclaimer/Complaints regulations If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the Library know, stating your reasons. In case of a legitimate complaint, the Library will make the material inaccessible and/or remove it from the website. Please Ask the Library: https://uba.uva.nl/en/contact, or a letter to: Library of the University of Amsterdam, Secretariat, Singel 425, 1012 WP Amsterdam, The Netherlands. You will be contacted as soon as possible. UvA-DARE is a service provided by the library of the University of Amsterdam (https://dare.uva.nl) Download date:25 Sep 2021 CHAPTER 5. The Macau Gaming Industry: historical patterns, contemporary policies and state-business relations in the local casino economy 5.1. Introduction The gaming industry is a typical feature of Macau, making it a unique case in the region. -
534386 Sands AR Eng [用 Blacklining]
www.sandschina.com 2017 ANNUAL REPORT Annual Report 2017 This annual report is printed on recycled paper using soy ink WorldReginfo - 6352f42d-b343-4674-833b-ea1d53ad58c2 From Luxury Duty Free Shopping, Exciting Entertainment and Fabulous Dining to World-Class Hotel Suites and MICE, Come and Discover Everything at Sands China. WorldReginfo - 6352f42d-b343-4674-833b-ea1d53ad58c2 SANDS CHINA LTD. CONTENTS 1. OVERVIEW 4 1.1 Financial Highlights 4 1.2 Highlights of 201 7 5 1.3 Directors and Senior Management 14 2. BUSINESS REVIEW 22 2.1 Chairman’s Statement 22 2.2 Business Overview and Outlook 24 2.3 Our Properties 30 2.4 Management Discussion and Analysis 37 2.5 Priority Risk Factors 49 2.6 Stakeholder Information 57 2.6.1 Our Shareholders 57 2.6.2 Our Lenders 58 2.6.3 Our Customers 58 2.6.4 Our Commitment to Sustainability 59 3. CORPORATE GOVERNANCE 63 REPORT 3.1 Introduction and Highlights 63 3.2 Corporate Governance Code Compliance 63 3.3 Board Governance Structure 64 3.4 The Board 65 3.5 Audit Committee 74 3.6 Remuneration Committee 77 3.7 Nomination Committee 79 3.8 Capex Committee 80 3.9 Risk Management and Internal Control 81 3.10 Shareholders 87 3.11 Compliance Disclosures and Other Matters 89 3.12 Directors’ Report 90 4. FINANCIAL STATEMENTS 1 09 4.1 Independent Auditor’s Report 1 09 4.2 Financial Statements 11 3 4.3 Notes to the Consolidated Financial Statements 1 19 4.4 Financial Summary 20 1 5. CORPORATE INFORMATION 20 2 6.