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Pansy Ho Sells Remaining MGM Resorts Stake for $140M
Pansy Ho Chiu King, chairperson and co-executive director of MGM China Holdings, has fully exited her investment in MGM Resorts International after selling more than 3.06 million shares over five trading sessions, according to filings and market disclosures. The transactions took place between May 28 and June 3 and generated approximately US$140 million in proceeds. Following the sales, Ho no longer holds any shares in the U.S.-based casino operator. Public records show that Ho’s position in MGM Resorts declined to zero […] The post Pansy Ho Sells Remaining MGM Resorts Stake for $140M appeared first on World Casino News.
Pansy Ho Chiu King, chairperson and co-executive director of MGM China Holdings, has fully exited her investment in MGM Resorts International after selling more than 3.06 million shares over five trading sessions, according to filings and market disclosures. The transactions took place between May 28 and June 3 and generated approximately US$140 million in proceeds. Following the sales, Ho no longer holds any shares in the U.S.-based casino operator. Public records show that Ho’s position in MGM Resorts declined to zero […]
The post Pansy Ho Sells Remaining MGM Resorts Stake for $140M appeared first on World Casino News.
