Macau Legend Development Limited and Get Nice Holdings have separately announced that they have been hit by trading halts over the takeover and merger code.
The Macau Legend notice read, “trading in the shares of the company on the Stock Exchange of Hong Kong Limited has been halted with effect from 9:00 am on September 14, 2020, pending the release of an announcement of inside information of the company pursuant to the Hong Kong Code on Takeovers and Mergers.”
The Get Nice notice was worded in almost precisely the same way.
Neither company provided additional information.
Macau Legend, which operates the Macau Fisherman’s Wharf and the Savan Legend Resort in Laos; Get Nice is the former owner of Macau’s Waldo casino and is preparing an IR bid for Nagasaki, Japan.