Las Vegas Sands (LVS.US), the controlling shareholder of Sands China (01928), plans to spend up to $0.103 billion to increase its holdings in Sands China.
The Zhitong Finance App learned that Lyon released a research report saying that Las Vegas Sands (LVS.US), the controlling shareholder of Sands China (01928), plans to spend up to 0.103 billion US dollars to increase its holdings in Sands China. For example, based on the closing price on Monday (9th), its potential holdings will increase by up to 0.74 percentage points to 71.7%. Along with the previous round of equity acquisitions completed by LVS in the first quarter of this year, LVS plans to spend 0.353 billion US dollars to increase its holdings in Sands China. The bank's target price for Sands China is HK$19.8, rated “outperforming the market”.
