Monday , June 21 2021

Four wives and 17 children prevent the control of Stanley Ho's casino empire, East Asian News and Top Stories

HONG KONG (BLOOMBERG) – A new alliance between Stanley Ho's 17th year-olds in the familiar battle of the decade of his macha, and Pansy's eldest daughter looks like a successful winner.

Pansy Ho announced she had joined some of the sisters and the Henry Fok Foundation and would have a 53% stake in Sociedade of Tourism and Diversoes from Macau, which controls the SJM Holdings casework operation. The alliance gives her the best way over Angela Leong, the fourth wife of 97-year-old Stanley Ho, and her main rival in the battle to control Macau's original gaming company.

Here are four people to look like the family saga over the contract of almost $ 6 billion USD $ 8.2 billion.

Pansy Ho

Been born in 1962 to Stanley and his second wife, Lucina Laam King-ying, Pansy studied marketing and business at Santa Clara University in California before pursuing short television performance in Hong Kong. She later ended up running Shun Tak Holdings, a public commercial conglomerate that operates shutters and helicopters that link Hong Kong and Mahanah. She was appointed administrative director of Shun Tak during the Macau transfer from Portugal to China in 1999, and became president after her father came down in 2017.

Pansy helped to form MGM China in a joint venture with the Kirk Kerkorian's MGM Resorts. The company has raised US $ 1.5 billion in an initial public bid on the Hong Kong Stock Exchange in 2011.

Angela Leong

Billionaire Leong is the vice president of SJM, one of six companies authorized to operate casinos in Macau, and is a STDM director. SJM has 20 casinos, about 1,700 game boards and more than 2,400 slot machines.

Leong was born in a wealthy military family in Guangzhou in 1961. She met the magnate in 1986, and supported him, built up a secret property. She also became a member of the Macau Legislative Council.

Her real estate includes the Amusement Building, the Bank of China Insurance Tower in Hong Kong, L & # 39; Avenue Shanghai in China and Lakan Macau in Macau.

Lawrence Ho

Lawrence, son of Stanley with Lucina, worked at Citibank and Jardine Fleming after returning to Hong Kong of studies at the University of Toronto. Despite being cited saying he did not like playing, Lawrence finally adhered to the family trade. In 2006 he became president and head of Melco International Development, a group of entertainment in Hong Kong, which includes Nasdaq-listed Melco Resorts & Entertainment. He finished co-operation with Australian Billiard James Packer after working with four casinos together.

Daisy Ho

After obtaining a degree in marketing of the University of Southern California and a master's degree of finance management in the University of Toronto, Daisy became president and executive director of SJM Holdings. She is also the main financier of Shun Tak Holdings, president of the board of Hong Kong Ballet and vice president of charity supplier Po Leung Kuk.

Daisy was a member committee of the China People's People's Political Consultation Conference of 2008.

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