The Best Travel Guide to Having Fun in Macau!
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4Q19 Earnings Call Presentation January 29, 2020 Forward Looking Statements
4Q19 Earnings Call Presentation January 29, 2020 Forward Looking Statements This presentation contains forward-looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the company’s control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to, general economic conditions, disruptions or reductions in travel, as well as in our operations, due to natural or man-made disasters, pandemics, epidemics, or outbreaks of infectious or contagious diseases such as the coronavirus originating in Wuhan, China, new development, construction and ventures, government regulation, risks relating to our gaming licenses and subconcession, fluctuations in currency exchange rates and interest rates, substantial leverage and debt service, gaming promoters, competition, tax law changes, infrastructure in Macao, political instability, civil unrest, terrorist acts or war, legalization of gaming, insurance, our subsidiaries’ ability to make distribution payments to us, and other factors detailed in the reports filed by Las Vegas Sands with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date thereof. Las Vegas Sands assumes no obligation to update such information. Within this presentation, the company may make reference -
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. -
Venetian & Sands Cotai Central
Terms & Conditions: Sands Rewards Exclusive Offer – Venetian & Sands Cotai Central 1. Participants must be 21 years of age or older. 2. Participants must not be on the barred list and must have a valid membership card and be in good standing with Venetian Macau Limited. 3. Sands Rewards Gold, Ruby and Diamond members are eligible for this promotion. 4. The promotion starts from 1 December, 2015 (Tuesday) 06:00am – 1 March, 2016 (Tuesday) 05:59am. 5. During the promotional period, Sands Rewards members who earn designated points on slot or table games at Venetian Casino, Himalaya Gaming and Pacifica Gaming at Sands® Cotai Central, excluding APEX, within one day (06:00am current day – 05:59am next day) will be entitled to redeem the offer at designated Sands Rewards counters on the same day. 6. The offers available are listed in the following Offers Chart: Item Redemption Item Required Daily Maximum Points Redemption Points Earn (0600am Redemptions per Deducted Location current day -0559am Patron next day) 1. New Sign Up Offer: Gift or HK$50 Dining 8 points 1 time Not Sands Rewards counters at Voucher per Promotional Day Required Sands Cotai Central or Venetian Casino 2. Gift 12 points 2 times per Required Sands Rewards counters at Promotional Day (i.e. Sands Cotai Central or 1 time in Venetian Venetian Casino Casino & 1 time in Sands Cotai Central) 3. HK$100 Dining Voucher 25 Points 2 times per Not Sands Rewards counters at Promotional Day Required Sands Cotai Central or Venetian Casino 4. Macau Hong Kong Diamond Member: 1 2 tickets per -
Title Urban Revitalization in Highly Localized Squares: a Case Study Of
Urban revitalization in highly localized squares: A case study Title of the Historic Centre of Macao Author(s) Wang, Yongcheng; Yamaguchi, Keita; Kawasaki, Masashi Citation URBAN DESIGN International (2018), 23(1): 34-53 Issue Date 2018-02 URL http://hdl.handle.net/2433/230346 This is a post-peer-review, pre-copyedit version of an article published in 'URBAN DESIGN International'. The final authenticated version is available online at: http://dx.doi.org/10.1057/s41289-016-0009-5.; The full-text Right file will be made open to the public on 01 February 2019 in accordance with publisher's 'Terms and Conditions for Self- Archiving'.; This is not the published version. Please cite only the published version.; この論文は出版社版でありません。 引用の際には出版社版をご確認ご利用ください。 Type Journal Article Textversion author Kyoto University Urban revitalization in highly localized squares: A case study of the Historic Centre of Macao Yongcheng Wanga,b,*, Keita Yamaguchia,c and Masashi Kawasakia,d aDepartment of Civil and Earth Resources Engineering, Graduate School of Engineering, Kyoto University, Kyoto, Japan. bBlk 303 Jurong East St 32 #04-90, Singapore 600303, Singapore. E-mail: [email protected] cRoom 203, Bldg C1, Kyoto University Katsura Campus, Nishikyo Ward, Kyoto 615-8530, Japan. E-mail: [email protected] dRoom 202, Bldg C1, Kyoto University Katsura Campus, Nishikyo Ward, Kyoto 615-8530, Japan. E-mail: [email protected] *Corresponding author. Abstract This paper focuses on Macao’s indigenous form of public space – chintei – the historic squares that epitomize the former Portuguese colony and remain a unique feature of the city-state under the rubric of the Special Administrative Region (SAR) of China. -
Best of Hong Kong, Zhuhai & Macau
6D5N MEAL PLAN BEST OF HONG KONG, 05 BREAKFASTS 01 LUNCH ZHUHAI & MACAU 03 DINNERS 09 TOTAL MEALS HZM06 HONG KONG – ZHUHAI – MACAU 82 China + Hong Kong by Dynasty Travel • Stanley Market – One of the most visited Hong Kong Street Markets. It is a great place to purchase both Western and SHENZHEN Chinese clothing as well as typical Chinese souvenirs. HONG KONG 2 • Victoria Peak Tour with one way tram ride – The highest point on Hong Kong Island, this has been city’s most exclusive ZHUHAI neighbourhood since colonial times back. Experience one of the world’s oldest and most famous funicular railways to the HONG KONG INTERNATIONAL highest point on Hong Kong Island. 2 ZHUHAI AIRPORT • Madame Tussauds – Meet with over 100 incredibly life like HONG KONG ISLAND wax figures from all around the world including Aaron Kwok, MACAU 1 Donnie Yen, Lee Min Ho, Cristiano Ronaldo, Doraemon, Hello Kitty and McDull. • Ladies Street – Popular street that sells various, low-priced START/END products and also other general merchandise. Breakfast – Local Dim Sum | Lunch – Poon Choi | N NIGHT STAY Dinner – Lei Yue Mun Seafood Dinner BY FLIGHT BY COACH DAY 3 BY CRUISE HONG KONG ZHUHAI • Meixi Royal Stone Archways – An archway to commemorate Chen Fang, who is the first Chinese consul general in Honolulu, DAY 1 was born in Meixi Village. SINGAPORE HONG KONG • Gong Bei Underground Shopping Complex – It is a huge Welcome to a unique experience! shopping mall integrated leisure, entertainment with catering. • Assemble at Singapore Changi Airport for our flight to Hong There are lots of stores engaged in clothes and local snacks, Kong. -
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. -
Press Release
Press Release Celebrities Shine at The Venetian Macao for Asia Rainbow TV Awards Integrated resort brings another star-studded awards show to Macao (Macao, June 26, 2014) – The first Asian television awards show presented by mainland China, the Asia Rainbow TV Awards, were held in Macao for the first time Thursday night, hosted at The Venetian Theatre. With SONIQ as the exclusive title sponsor, and The Venetian® Macao as special sponsor, the Asia Rainbow TV Awards – known as Asia's version of Hollywood's Emmy Awards – is the first awards show for the television industry to be held at The Venetian Macao. Celebrities arriving on the red carpet for the awards show included actors Lee Li-Chun, Hawick Lau and Jerry Lee, and actresses Tongshu Yang, Dandan Song and Guitian Sun. Crowds of screaming fans clamoured to get a view of the famous faces as the glamorous luminaries captured everyone’s attention with their star power. With nearly 400 nominees hailing from 14 countries, 80 awards were given across 27 categories, including awards for Best Actor/Actress, Best Scriptwriter, and Best Actor/Actress Comedy. “Sands China brings the best of the best to Macao, so it is with great pleasure that we are hosting Asia Rainbow TV Awards, an outlet for recognising Asia’s top television talent,” said Olaf Gueldner, Senior Vice President and Chief Marketing Officer of Sands China Ltd. “Our properties are the place to be for seeing the brightest stars, as our multi-tiered entertainment strategy continues to cement Macao’s position as one of the region’s top entertainment destinations for superstars events and to promote the city as a world centre of tourism and leisure.” The awards show was broadcast via 23 television stations to audiences across mainland China, reaching an estimated audience of half a billion viewers. -
Investigation and Analysis of Architectural Styles in the Historical Center of Macau
Research report Research Report and Culture, 43(4), pp. 657-667. 23(2), pp. 3-16. Received April 21, 2020; Accepted October 19, 2020 [4] Loewy, R. (2002) Never leave well enough alone. [16] Akrich, M. (1992) The de-scription of technical Baltimore, MD: Johns Hopkins University Press. objects, in W. Bijker & J. Law [Eds] Shaping [5] Edgerton, D. (1999) From innovation to use: Ten technology/building society: Studies in INVESTIGATION AND ANALYSIS OF ARCHITECTURAL eclectic theses on the historiography of technology. sociotechnical change. Cambridge, MA: MIT Press, History and Technology, 16, pp. 111-136. pp. 205-224. STYLES IN THE HISTORICAL CENTER OF MACAU [6] Williamson, B. (2009) The bicycle: considering [17] Norman, D. A. (2002) The design of everyday design in use, in H. Clark & D. Brody [Eds], Design things. New York : Basic Books. Yang Yang ZHANG*, Po Hsun WANG** studies: A reader. New York, NY: Berg, pp. 522-524. [18] Latour, B. (2005) Reassembling the social: An [7] Pinch, T. E., & Bijker, W. (1989) The social introduction to actor-network theory. Oxford: Oxford construction of facts and artifacts: Or how the University Press. * Graduate school of Urban Planning and Design, Faculty of Innovation and Design, City University of Macau, Macau ** Faculty of Innovation and Design, City University of Macau, Macau sociology of science and the sociology of technology [19] Conway, H. (Ed.) (1987) Design history: A student’s might benefit each other, in T.P. Bijker, W.T. Hughes, handbook. London, England: Routledge. & T.E. Pinch [Eds], The social construction of [20] Walker, J. (1989) Design history and the history of Abstract: The purpose of this study is to investigate and analyze the architectural styles of the Historical technological systems: New directions in the design. -
Y ) Line C (Heritage /Culture /Photography Them ) Line D (Heritage
Validity : 01Jan– 31 DEC ‘2020 SGD Choose one of the six line below Line A (Heritage /Culture /Shoping/Family ) Line B (Heritage /Culture /Shoping/Family /Photograph y ) The Historic Centre >Ruins of St.Paul, Macau Flora Garden, enjoy Guia Cable car , Fortress , Nacha Temple, St.Dominic Church, Leal Guia Lighthouse / Fortress, Chapel of our Lady of Guia, Senado Building,Senado Square, General Post Tap Seac Square, Calcada Da Igreja De S. Lazaro, Office Building, A-ma Temple,Macau Tower to level Freguesia de Sao Lazaro, Galeria Tap Seac, 58 and 61 ,Heading to interchange in Macau Albergue SCM, Macau 10 Fantasia, Fisherman’s Wharf ,Free time in Venetian Resort. Heading to interchange in Macau Fisherman’s Wharf, Entrance ticket fee :Adult $SGD27 / CHD $19 Free time in Leal Senado Building,Senado Square. Line C (Heritage /Culture /Photography them ) Line D (Heritage /Culture /Religion ) Bygone Days of Taipa Village>Our Lady of Carmo <Crossroads of China and Portugal>[Senado Square, Church, Carmo Hall, The Taipa House ,Rua do St.Augustine’s Square,Dom Vedro V Theatre, St.Joseph’s Cunha,]Pak Tai Temple in Taipa, Nostalgia in Seminary and Church, Sir Robert Ho Tung Library, St. Coloane>[Largo do Presidente Antonio Ramalho Eanes, Lawrence's Church, Lilau Square, Mandarin House, Moorish Ancient Temple of Tin Hau Temple in Coloane, Tam Barracks,A-ma Temple, Macau Maritime Museum /Free Kung Temple,Chapel of St.Francis Xavier]City of Dreams time in Senado Square. /Free time in Venetian Resort Entrance ticket fee :Adult $SGD7 / CHD $7 not able on every Thu & Wed or Public holidays Line E Line F (Family fun /shopping ) Communication Museum , Macau Tower 58 & 61 Wynn Palace Performance Lake & cabble car , floor , , Boardway market , Taipa Village , Portuguese eggs tart Crystal Lobby, Diamond Lobby of Galaxy, Broadway testing , Macao Science Center ,Free time in city shopping market , 8 Golden Reel & Batman Dark Flight show , center . -
Cultural Aspects of Sustainability Challenges of Island-Like Territories: Case Study of Macau, China
Ecocycles 2016 Scientific journal of the European Ecocycles Society Ecocycles 1(2): 35-45 (2016) ISSN 2416-2140 DOI: 10.19040/ecocycles.v1i2.37 ARTICLE Cultural aspects of sustainability challenges of island-like territories: case study of Macau, China Ivan Zadori Faculty of Culture, Education and Regional Development, University of Pécs E-mail: [email protected] Abstract - Sustainability challenges and reactions are not new in the history of human communities but there is a substantial difference between the earlier periods and the present situation: in the earlier periods of human history sustainability depended on the geographic situation and natural resources, today the economic performance and competitiveness are determinative instead of the earlier factors. Economic, social and environmental situations that seem unsustainable could be manageable well if a given land or territory finds that market niche where it could operate successfully, could generate new diversification paths and could create products and services that are interesting and marketable for the outside world. This article is focusing on the sustainability challenges of Macau, China. The case study shows how this special, island-like territory tries to find balance between the economic, social and environmental processes, the management of the present cultural supply and the way that Macau creates new cultural products and services that could be competitive factors in the next years. Keywords - Macau, sustainability, resources, economy, environment, competitiveness -
The Spreading of Christianity and the Introduction of Modern Architecture in Shannxi, China (1840-1949)
Escuela Técnica Superior de Arquitectura de Madrid Programa de doctorado en Concervación y Restauración del Patrimonio Architectónico The Spreading of Christianity and the introduction of Modern Architecture in Shannxi, China (1840-1949) Christian churches and traditional Chinese architecture Author: Shan HUANG (Architect) Director: Antonio LOPERA (Doctor, Arquitecto) 2014 Tribunal nombrado por el Magfco. y Excmo. Sr. Rector de la Universidad Politécnica de Madrid, el día de de 20 . Presidente: Vocal: Vocal: Vocal: Secretario: Suplente: Suplente: Realizado el acto de defensa y lectura de la Tesis el día de de 20 en la Escuela Técnica Superior de Arquitectura de Madrid. Calificación:………………………………. El PRESIDENTE LOS VOCALES EL SECRETARIO Index Index Abstract Resumen Introduction General Background........................................................................................... 1 A) Definition of the Concepts ................................................................ 3 B) Research Background........................................................................ 4 C) Significance and Objects of the Study .......................................... 6 D) Research Methodology ...................................................................... 8 CHAPTER 1 Introduction to Chinese traditional architecture 1.1 The concept of traditional Chinese architecture ......................... 13 1.2 Main characteristics of the traditional Chinese architecture .... 14 1.2.1 Wood was used as the main construction materials ........ 14 1.2.2 -
Emerging Issues for Cultural Tourism in Macau, In: Journal of Current Chinese Affairs, 38, 1, 73-99
Journal of Current Chinese Affairs China aktuell du Cros, Hilary (2009), Emerging Issues for Cultural Tourism in Macau, in: Journal of Current Chinese Affairs, 38, 1, 73-99. ISSN: 1868-4874 (online), ISSN: 1868-1026 (print) This article is part of an issue featuring the topic of Macau. The online version of this and the other articles can be found at: <www.CurrentChineseAffairs.org> Published by GIGA German Institute of Global and Area Studies, Institute of Asian Studies in cooperation with the National Institute of Chinese Studies, White Rose East Asia Centre at the Universities of Leeds and Sheffield and Hamburg University Press. The Journal of Current Chinese Affairs is an Open Access publication. It may be read, copied and distributed free of charge according to the conditions of the Creative Commons Attribution-No Derivative Works 3.0 License. To subscribe to the print edition: <[email protected]> For an e-mail alert please register at: <www.CurrentChineseAffairs.org> The Journal of Current Chinese Affairs is part of the GIGA Journal Family which includes: Africa Spectrum • Journal of Current Chinese Affairs • Journal of Current Southeast Asian Affairs • Journal of Politics in Latin America • <www.giga-journal-family.org> Journal of Current Chinese Affairs 1/2009: 73-99 Emerging Issues for Cultural Tourism in Macau Hilary du Cros Abstract: Recent research on achieving sustainable heritage tourism in Macau advocates a greater collaboration between tourism and heritage management authorities and the local community on reaching sustainable tourism goals. A key theme for Macau in the last ten years has been how the tension between the proponents for greater casino development versus those for cultural heritage product development has played out in government policies for heritage management, private sector tourism development and host community concerns about heritage protection and achieving quality tourism.