Pansy Ho disposes of entire remaining interest in MGM Resorts in transactions totalling US$140 million

MGM China’s Pansy Ho exits MGM Resorts stake amid takeover interest

Pansy Ho, chairperson and executive director of MGM China, has fully exited her stake in MGM Resorts International following a series of share disposals totaling USD140.1 million, according to filings with the Hong Kong Stock Exchange. The divestment leaves her with no direct interest in the U.S.-based parent company. Ho sold her entire 1.2% holding through five transactions between May 28 and June 3, offloading 3,066,157 shares at prices rangin…

Pansy Ho disposes of entire remaining interest in MGM Resorts in transactions totalling US$140 million

MGM China’s Chairperson and Executive Director Pansy Ho Chiu King has disposed of her entire interest in parent company MGM Resorts International via a series of transactions undertaken since late May. According to filings with the Hong Kong Stock Exchange, Ho offloaded her existing 1.20% stake across five transactions between 28 May and 3 June for a total consideration of US$140.1 million. This comprised the sale of 3,066,157 for between US$42.…

Pansy Ho exits MGM Resorts stake after $140M share sale

Pansy Ho sold her entire MGM Resorts stake for about $140M, exiting the U.S. parent as People Inc.’s takeover bid draws scrutiny. The post Pansy Ho exits MGM Resorts stake after $140M share sale first appeared on Asia Gaming News | AGB - Asia Gaming Brief.