Hong Kong-based electronics company A-Max Holdings Ltd., is interested in acquiring Macau casinos. This way, the company wants to increase its stake in Greek Mythology (Macau) Entertainment Group Corp. to 49 percent. The estimated cost of the deal is 2.05 billion HK dollars.
A-Max Holdings is planning to buy a 30 percent stake from Ng Man-sun. This company focuses on gaming and entertainment. By acquiring this percentage, A-Max would increase its holdings in Greek Mythology.
A-Max will fund the operation with new shares that will be issued and will be worth 601.85 million HK dollars. Likewise, they will hand to Ng Man-sun zero-income promissory note valid for 10 years.
