SJM Holdings (00880) subsidiary completes acquisition of all shares of The Great World Company Limited.

SJM Holdings (00880) announced that on November 20, 2025, the company announced that Aomen Integrated and SJM Investments have reached an agreement to acquire Kai Tak Development Limited, the owner of the Kai Tak Hotel. The Kai Tak Hotel is a well-known hotel property located on Avenida Da Amizade in the NAPE district of Macau, situated in the core and high-traffic entertainment and hotel area of the Macau Peninsula. The total construction area of the Kai Tak Hotel is approximately 86,438 square meters, covering hotel rooms, dining facilities, retail, and the Macau Kai Tak Casino property. The acquisition was completed on December 17, 2025. Following the completion, the target group companies have become wholly-owned subsidiaries of Aomen Integrated. On December 26, 2025, Aomen Integrated received approval from the Gaming Inspection and Coordination Bureau to directly manage and operate the lucky gaming business at the Macau Kai Tak Casino from 2 am on December 30, 2025. After completion and approval by the Gaming Inspection and Coordination Bureau, Aomen Integrated has taken over the room service, dining facilities, retail, and lucky gaming business of the Kai Tak Hotel directly. By occupying the most dynamic commercial tourism and entertainment hub in the city, and consolidating its position in this high-density cluster area, Aomen Integrated can better maintain its core customer base in the Macau Peninsula region, deepen the synergies with its "Lisboa" series properties, optimize customer flow, and expand market coverage. In addition, Aomen Integrated has always focused on the long-term development of Macau, by promoting urban renewal on the Macau Peninsula, improving the quality and diversity of tourism services, and supporting Macau to further enrich its status as a "world tourism and leisure center," helping to promote urban sustainable development and long-term prosperity.