PARADISE ENT(01180) will cease providing entertainment venue management services to JINBIKUICAI Entertainment Center under AUYU Comprehensive from December 2nd.
Huicai Holdings (01180) announced that the service agreement between the group and Aoyu Integrated Resort Limited regarding the provision of entertainment management services by the group to Aoyu's Macau Jinbi Huicai Entertainment Center will expire on December 31, 2025. The Board of Directors hereby notifies the company's shareholders and potential investors that the group will cease to provide entertainment management services to Jinbi Huicai Entertainment Center starting from December 2, 2025.
PARADISE ENT (01180) has announced that the service agreement between the group and Australia Entertainment Resort Co., Ltd. for the group to provide entertainment management services to the Macau Golden Glory Casino under Australia Entertainment Resort will expire on December 31, 2025. The company's board of directors hereby notifies the company's shareholders and potential investors that the group will cease to provide entertainment management services to the Golden Glory Casino under Australia Entertainment Resort starting from December 2, 2025.
The group will continue to adhere to its strategy, focusing on the development, sales, and leasing of electronic entertainment equipment and systems in Macau and overseas markets that are continuously expanding. The board of directors believes that this division holds significant potential for future growth. The group is actively enhancing its product portfolio and seeking collaboration partners to further solidify its position in the gaming industry. Additionally, the group is committed to exploring other business opportunities in order to diversify and expand its business while mitigating risks.
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