Summary by Futu AI
Sands China Ltd announced on October 28, 2024 that its controlling shareholder Las Vegas Sands Corp. (LVS) had submitted the quarterly 10-Q report for the third quarter ending on September 30, 2024 to the US Securities and Exchange Commission. LVS is a company listed on the New York Stock Exchange and effectively owns about 71% of the issued shares of Sands China. The quarterly report of LVS includes financial information of its Macau business, which is owned by Sands China. The report is prepared in accordance with US Generally Accepted Accounting Principles, different from the International Financial Reporting Standards applicable to Sands China. The announcement reminds investors to act prudently when trading Sands China securities and notes the uncertainty associated with the forward-looking statements in the report.