SJM Holdings Completes Acquisition of Arc of Triumph Development Company

Reuters2025-12-28

SJM Holdings Completes Acquisition of Arc of Triumph Development Company

SJM Resorts has completed the acquisition of the entire issued share capital of Arc of Triumph Development Company Limited, owner of L'Arc Hotel in Macau's NAPE district on Avenida 24 de Junho. Following the completion and regulatory approval, SJM Resorts has taken over the direct operation of hotel accommodation, food and beverage outlets, retail, and casino gaming at L'Arc Hotel. The newly acquired property strengthens SJM Resorts' presence in Macau’s key entertainment area, enhances synergies with its Lisboa-branded properties, and broadens its market reach within the Macau Peninsula. The company stated that this move aligns with its commitment to supporting Macau's development as a premier tourism and leisure destination.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SJM Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251228-11967601), on December 28, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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