MGM China supported “Domingo and Macao Orchestra,” co-organized by the Cultural Affairs Bureau of Macau (IC) and the Macau Government Tourist Office (MGTO), which was held at the Macao Cultural Centre Grand Auditorium on August 29. The musical endeavor was Plácido Domingo’s first performance in Macau.
A private after-concert cocktail was hosted for the acclaimed tenor at MGM Macau. Over 100 VIPs attended the event, and distinguished guests include Mr. Ung Vai Meng, President of the Cultural Affairs Bureau; Ms. Maria Helena de Senna Fernandes, Director of the Macau Government Tourist Office; Mr. Leung Hio Ming, Vice President of the Cultural Affairs Bureau; Ms. Cecilia Tse, Deputy Director of the Macau Government Tourist Office; Mr. Kent Ieong, Chief of he Cultural Affairs Bureau’s Cultural Activities Department and Ms. Zhong Yi, Director of the Macao Foundation. Ms. Pansy Ho, Co-Chairperson and Executive Director of MGM China and Domingo greeted and mingled with guests, sharing their thoughts on the development of arts and culture in Macau.
Ageas gets usd1.38b from Hong Kong sale to JD Capital
Ageas SA will sell its Hong Kong life insurance unit to China’s JD Capital in its largest divestiture since the collapse of predecessor Fortis in 2008 as it seeks to boost shareholder returns and expand elsewhere. The shares surged.
JD Capital, also known as Beijing Tongchuang Jiuding Investment Management Co., will pay HKD10.7 billion ($1.38 billion) for the local life insurance business, Brussels-based Ageas said in a statement Sunday. That’s about 1.27 times book value and will generate a gain of about 450 million euros ($500 million) upon closing, based on figures at the end of June, the company said.
The sale of the Hong Kong business, its only fully owned unit in Asia, will allow Ageas to expand faster-growing partnerships in the region and generates additional cash for acquisitions or increased distributions to shareholders. Ageas owns 24.9 percent of China’s Taiping Life Insurance Co. and holds minority stakes in partnerships in Thailand and Malaysia. The insurer is also about to start operations in Vietnam and the Philippines through joint ventures with local banks.
Kay Tse to celebrate 10th anniversary in the music business with latest show
To celebrate being in the music business for a decade, Kay Tse will mark the milestone by celebrating with all of her Macau fans with a concert that will take them on a walk down memory lane as she performs her greatest hits from the last 10 years.
Organized by Chessman Production and Maya Entertainment Limited, co-organized by Sun Entertainment Culture Limited, Hong Kong Marketing and Artist Group Entertainment Limited, presented by Jonnie Walker and co-sponsored by New Loyal Group, Missing Kay 2015 World Tour Macao is being held on Saturday Oct. 10 at The Venetian Macao’s Cotai Arena. Tickets go on sale today.
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