Monday, July 15, 2024

Search Results

Rich Goldman expecting $2.3 million in losses during 2H23

Junket investor Rich Goldman Holdings Limited is expecting to report approximately HK$18 million ($2.3 million) in losses for the second half of 2023.

Rich Goldman mulls departure from gaming investments

Junket investor Rich Goldman reveals that it is carefully considering whether to exit from the gaming and entertainment industry, as currently, the firm's resources are 'focused on other business segments.'

Rich Goldman expecting almost $5 mln in net losses for 1H23

Junket investor Rich Goldman is expecting to record approximately HK$39 million ($4.9 million) in losses attributable to owners of the company for the first half of 2023.

Borrower fails to pay loan to junket investor Rich Goldman

Junket investor Rich Goldman reports that its borrower Loke Meng Yuet has failed to repay the loan of HK$ 35 million ($4.5 million) according to the loan agreement dated 2020. In this case, the junkets say it “commences to take legal action against the Borrower to recover the Loan by enforcing the rights on the mortgaged property.”

Junket investor Rich Goldman expecting 2H22 loss of $2.29 million

Junket investor Rich Goldman is expecting to record a comprehensive loss of some HK$18 million ($2.29 million) for the six month period ended December 31st, 2022, despite seeing a 66 percent uptick in revenue during the period, to HK$45 million ($5.74 million).

Rich Goldman axes VIP business at Solaire Resort

Junket investor Rich Goldman Holdings Ltd has terminated its profit-share agreement for a VIP room at the Solaire Resort and Casino in the Philippines.

Rich Goldman expects financial losses for the year 2021

Rich Goldman Holdings expects to record a narrowed loss for the financial year ended June 30, 2021 of around HK$21 million.

Rich Goldman appoints executive director

Rich Goldman has announced the appointment of a new executive director of the company, Mr. Lam Yick Man. 

Rich Goldman reports US$2.5 million in losses for 2020 H2

Rich Goldman has reported revenues at HK19.2 million (US$2.5 million) for the six-month period from July to December 2020. Losses for the period exceeded HK$18.9 million.

Rich Goldman sees interim loss of not less than HK$18 million

Rich Goldman said it expects to report an interim loss of not less than HK$18 million for the six months to December, due mainly to the loss of revenue from business in Macau after parting ways with a junket partner in April.