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LET GROUP (01383.HK): On Friday, it has already paid off its outstanding interest-free shareholder loans
Gelonghui, April 18 | LET GROUP (01383.HK) announced that on April 18, 2024, Star, which has repaid its outstanding payments on Friday, will leave the remaining outstanding interest-free shareholder loans, totaling approximately US$31.2 million. After further repayment and as of the date of this announcement, there were no outstanding shareholder loans due to Star General on Friday. According to Hong Kong accounting standards, the Group is expected to record profit attributable to a joint venture, which means that losses due to further repayment have been made to confirm that the joint venture company should be accounted for in previous years, but are subject to review. The company is studying the feasibility of dissolving the 50% shareholding joint venture Friday of the Group, while the Group and
LET GROUP (01383.HK) expects the main hotel casino in the Philippines to start operations and continue to be suspended in the first quarter of 2025
Gelonghui, April 10 | LET GROUP (01383.HK) announced that the Group is mainly engaged in (a) developing and operating a five-star hotel and casino in the Philippines; (b) operating the hotel and gaming business (“Crystal Tiger Palace”) in the Primorsky Krai Comprehensive Entertainment Zone in the Russian Federation (“Russia”); and (c) engaged in property development in Niseko and Miyako Island, Japan. The Group's daily business has remained stable. The construction and development of the main hotel and casino in the Philippines is underway and is on track. It is expected to commence operation in the first quarter of 2025. Crystal Tiger Palace's hotel and gaming industry in Russia
LET GROUP: (1) QUARTERLY UPDATE ON BUSINESS OPERATIONS AND RESUMPTION STATUS; AND (2) CONTINUED SUSPENSION OF TRADING
LET GROUP (01383.HK) receives guidance from the Stock Exchange to resume trading and continues to suspend trading
LET GROUP (01383.HK) issued an announcement. On April 5, 2024, the company received a letter from the Stock Exchange, which set out the following companies' resumption guidelines: Proving that there were no reasonable regulatory concerns relating to the integrity or character of the Group's management and/or the integrity or character of any person having a significant influence on the company's management and operations, thereby exposing investors to risk and harming market confidence; publishing all unannounced financial results and handling any audit revisions; certifying that it has complied with section 13.24 of the listing rules; re-complying with sections 3.10 and 3.10A , 3.21, 3.25
LET Group Unit Shrinks Loss in 2023
Suntrust Resort Holdings, a unit of LET Group Holdings (HKG:1383), recorded a decline in net loss for the year ended Dec. 31, 2023, to 348.1 million peso from 557.1 million peso in 2022, a Tuesday fil
LET GROUP: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023 BY AN OVERSEAS LISTED SUBSIDIARY - SUNTRUST RESORT HOLDINGS, INC.
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