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The 13 Hotel
Hong Kong-listed South Shore Holdings Limited, operator of The 13 hotel in Macau, says it expects to record a loss of approximately HK$950 million(US$122.4 million) for the year ended March 31, 2021.
Shareholders of South Shore Holdings Limited decisively rejected a motion from one major shareholder at a special general meeting held on Friday to wind up the company, a result which represented a victory for the incumbent board of directors.
South Shore Holdings has reported to the Hong Kong Stock Exchange that its revenues for the year ending March 31, 2020, amounted to nearly...