Common Contracts
1 similar null contracts
Melco International Signs Agreement for the First and Only Casino Resort Licence in CyprusJune 27th, 2017
Melco International has also entered into an agreement to assume majority stake of 70.74% shareholding in the Cyprus casino resort project by acquiring Hard Rock’s entire interest in the project. The acquisition completion is subject to the approval of the Cyprus Government. The Company currently holds 35.37% of the company formed between the Company, HR Cyprus Investor, LLC (“Hard Rock”) and Cyprus Phasouri (Zakaki) Limited (“CPZL”). CPZL currently holds the remaining 29.26% interest in the Project Company.
