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Market Closed -
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5-day change | 1st Jan Change | ||
| 0.047 HKD | -.--% |
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-.--% | +2.17% |
| Apr. 01 | Summit Ascent Holdings to Swing to Loss in 2023 | MT |
| Mar. 28 | Summit Ascent Holdings Limited Provides Group Earnings Guidance for the Ended 31 December 2023 | CI |
HONG KONG (Reuters) - Shares of Macau gambling group Suncity Group Holdings were set to fall 5.8% on Monday after it said late on Friday that lenders had demanded full repayment of loans of HK$313.6 million ($40.2 million) within five business days from Dec. 8.
The loan taken on by Star Soul Investments was guaranteed by Alvin Chau, the now-detained owner of the company, and also a former chairman and director of Suncity Group.
Chau resigned after being arrested last month over alleged links to cross-border gambling, with his junket operation closing all of its VIP gambling rooms in Macau in the wake of his arrest.
($1 = 7.7989 Hong Kong dollars)
(Reporting By Anne Marie Roantree; Editing by Tom Hogue)
| 1st Jan change | Capi. | |
|---|---|---|
| +2.17% | 27.07M | |
| -7.60% | 33.94B | |
| +5.69% | 10.83B | |
| -8.00% | 8.16B | |
| +15.79% | 2.54B | |
| -5.62% | 2.2B | |
| +2.64% | 1.94B | |
| 0.00% | 1.53B | |
| +12.58% | 1.35B | |
| -1.76% | 1.29B |
SUMMIT ASCENT HOLDINGS LIMITED 
