Levo Chan boosts stake in Macau Legend to over 33%

Levo Chan, CEO of junket promoting firm Tak Chun Group, has increased his stake in Macau Legend Development to 33.19 percent, consolidating his position as the leading shareholder, even as changes are made to the composition of the board.

Joint Announcement (HKSE filing)

Related Articles

Tak Chun offers payments for voluntary staff exits

The Tak Chun Group said it has been offering "ex-gratia" payments to staff who voluntarily leave the company for a limited time. "We believe that this scheme offers our staff a viable option for planning ahead under the current market condition," it said.
Tak Chun CEO may make mandatory bid for Macau Legend

Tak Chun CEO may make mandatory bid for Macau Legend

Tak Chun CEO Chang Wen Lin may make a mandatory offer for all of the outstanding shares in Macau Legend for HK$1.9 billion ($245 million) after acquiring a stake in the operator.
news, macau

Tak Chun junket boss acquires slice of Macau Legend

The mystery behind Macau Legend’s trading halt was resolved when it became known that Chan Weng Lin, also called Levo Chan, chief executive of the junket firm Tak Chun Group, has acquired a roughly 20.7 percent stake in Macau Legend. The purchase deal took place on September 11 through an offshore firm called Perfect Achiever […]