MACAO, June 5, 2013 /PRNewswire/ -- Sands China Ltd.
(HK:1928), a majority-owned subsidiary of global resort developer
Las Vegas Sands Corp. (NYSE: LVS), announced today that the Macao
SAR government has approved the transfer of the rights necessary
for the company to sell shares in a co-op fashion to prospective
buyers interested in a Four Seasons-branded apartment at the
company's Cotai Strip development in Macao.
"The on-going vision of developing the Cotai Strip into an
internationally renowned destination for leisure and business
travelers has taken a major step forward today," said Mr.
Sheldon G. Adelson, chairman of both
Sands China Ltd. and Las Vegas Sands Corp. "The addition of the
Four Seasons-branded apartments will provide visitors from
surrounding countries the opportunity to own a tourism product
which will allow them to utilize the full facilities of the Cotai
Strip more frequently and for longer periods of time."
"Sands China is very thankful for the opportunity to continue
investing in the future of Macao
and we believe this is another positive step in that regard," said
Mr. Edward Tracy, President and
Chief Executive Officer of Sands China Ltd. "From the day Mr.
Adelson identified the opportunity on the Cotai Strip, our team has
worked tirelessly with both our business and community partners to
fulfill that vision and the promise we made to the people of
Macao to promote Macao's development into a world centre of
tourism and leisure."
About Sands China Ltd.
Sands China Ltd. (HKEx: 1928, Sands China or the Company) is a
Cayman Islands registered Company
and is listed on The Stock Exchange of Hong Kong
Limited. Sands China is the largest operator of integrated
resorts in Macao. The Company's
Cotai Strip Resorts is comprised of The Venetian® Macao-Resort-Hotel, The Plaza™ Macao and Sands® Cotai Central. The Company
also owns and operates Sands® Macao on the Macao peninsula. The Company's integrated
resorts contain a diversified mix of leisure and business
attractions and transportation operations, including large meeting
and convention facilities, a wide range of restaurants, shopping
malls, world-class entertainment at the CotaiArena™ and the
Venetian Theatre, and a high-speed Cotai Water Jet ferry service
between Hong Kong and Macao. The Company's property development
projects on Cotai have the goal of transforming it into
Asia's premier entertainment and
business destination. Sands China
is a subsidiary of global resort developer Las Vegas Sands Corp.
(NYSE:LVS).
For more information, please visit www.sandschinaltd.com.
Media contact:
Public Relations, Venetian Macau
Limited
Mabel Wu
Tel: +853-8118-2268 / +853-6240-5635
Email: mabel.wu@venetian.com.mo
SOURCE Sands China Ltd.
