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Tops Institutional Investor Magazine 2017 Rankings
MACAU, July 17, 2017 /PRNewswire/ -- MGM China Holdings Limited (SEHK Stock Code: 2282) has been recognized by leading financial publication Institutional Investor as "Most Honored Company" in the 2017 All-Asia Executive Team survey. MGM China received honors in all polled categories under the Gaming & Lodging sector.
The Macau-based team has swept up a total of six awards, demonstrating the company's ongoing commitment to and support of its Investor Relations program:
Grant Bowie, Chief Executive Officer and Executive Director of MGM China Holdings Limited said, "We are honored to be acknowledged again by Institutional Investor and industry professionals, and I would like to express my appreciation to the whole Macau team for their efforts with particular recognition for our CFO, Mr. Hubert Wang in leading our IR team, headed by Ms. Sidney Luk. This proven track record and team effort demonstrates that Macau companies can compete globally and meet best-in- class global standards."
"With MGM COTAI's opening right around the corner, we are looking forward to unveiling this highly-anticipated integrated resort, which adds a spectrum of innovative diversified offerings and new opportunities to the market."
The Institutional Investor's 2017 All-Asia Executive Team ranking was based on a survey of buy-side analysts, money managers, and sell-side researchers at securities firms and financial institutions that cover Asia. This year, buy-side participation tripled to a record 3,074 while sell-side participation rose 42% to 868, included more than 3,900 investment professionals at 980 financial services firms managing an estimated US$1.5 trillion in Asian equities excluding Japan. This resulted in deep and detailed data to support the polling of 2,510 companies across 18 sectors.
About MGM China Holdings Limited
MGM China (HKEx: 2282) is a leading developer, owner and operator of gaming and lodging resorts in the Greater China region. We are the holding company of MGM Grand Paradise, SA which holds one of the six gaming concessions/subconcessions to run casino games in Macau. MGM Grand Paradise, SA owns and operates MGM MACAU, the award-winning premium integrated resort located on the Macau Peninsula and is developing a second resort, MGM COTAI which is expected to more than double our presence in Macau.
MGM China is majority owned by MGM Resorts International (NYSE: MGM) one of the world's leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
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