Summary by Futu AI
Sands China Ltd announced on July 29, 2024, that its controlling shareholder, Las Vegas Sands Corp. (LVS), had submitted its second quarter 10-Q quarterly report to the US Securities and Exchange Commission as of June 30, 2024. LVS is a listed company on the New York Stock Exchange and effectively owns approximately 71% of Sands China's issued share capital. The quarterly report includes financial information of LVS's Macau business, which is owned by Sands China. The report is prepared under US Generally Accepted Accounting Principles and differs from the International Financial Reporting Standards used by Sands China. The announcement reminded investors and shareholders to exercise caution when trading Sands China securities and to note that the forward-looking statements contained in the report are subject to uncertainties.