A Macau court granted permission to Greek Xinhua Entertainment Group Inc. until Sept. 30 to prepare documents relating to its annual accounts for the year ending Dec. 31, 2012.
Amax International Holdings Ltd., a Hong Kong-listed gaming investor, has a 24.8 percent stake in Greek mythology, according to its 2014 annual report, which was filed on July 28. The latter has been running game tables at Casino Greek Myth in Taipei.
Amax identified Greek mythology and ongoing litigation in a filing on Monday.
Amax said in a previous filing that it had not shared at least its financial results with the company since Greek mythology ended on March 31, 2012.
AMAX, in its latest report to the Hong Kong Stock Exchange, said on July 30 that Macau’s first trial court “took the Greek myth …It said it had given a September 30 deadline to collect all documents on annual accounts for the year ended December 31, 2012, and to convene a general meeting to approve annual accounts
Once one of the biggest junket integrators in the Macau market, the Amax brand is now in the shadow of what it used to be.
On July 31, Amax said it was extending its deadline for a third time to complete a deal to acquire a 60% stake in the licensee of interactive games in the Pacific island of Vanuatu. The new deadline is the end of August, three months behind the company’s original estimate.
The company said in its annual report that it had conditionally agreed to acquire a 60% stake in Porenza Enterprises Inc for about HK$55 million (US$7.1 million).
BY: 슬롯사이트
