Director Lawrence Ho reports major indirect Studio City (MSC) stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
STUDIO CITY INTERNATIONAL HOLDINGS Ltd director Lawrence Yau Lung Ho filed an initial ownership report showing indirect holdings of Class A ordinary shares. The filing reports 747,288 Class A ordinary shares held through a corporation associated with Melco International and 462,348,304 Class A ordinary shares held through MCO Cotai Investments Limited, also a corporate holder. These positions are owned of record by the corporate entities, with Mr. Ho reporting beneficial ownership through his interests in those companies.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HO LAWRENCE YAU LUNG
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A ordinary shares, par value US$0.0001 | -- | -- | -- |
| holding | Class A ordinary shares, par value US$0.0001 | -- | -- | -- |
Holdings After Transaction:
Class A ordinary shares, par value US$0.0001 — 747,288 shares (Indirect, By Corporation)
Footnotes (1)
- Class A ordinary shares owned of record by Melco International Development Limited ("Melco International"), including 472 Class A ordinary shares represented by American Depositary Shares ("ADS"), with each ADS representing four Class A ordinary shares. Mr. Ho personally holds 36,606,126 ordinary shares of Melco International. Mr. Ho is deemed to be interested in an aggregate of 1,359,666,283 ordinary shares of Melco International under the Securities and Futures Ordinance of the Laws of Hong Kong, including (i) an aggregate of 884,536,660 ordinary shares of Melco International held by companies owned or controlled by persons and/or trusts associated with Mr. Ho, (ii) an aggregate of 470,917,521 ordinary shares of Melco International held by companies which are controlled by discretionary family trusts in which Mr. Ho is one of the beneficiaries, and (iii) 4,212,102 ordinary shares of Melco International held by his spouse. Class A ordinary shares owned of record by MCO Cotai Investments Limited ("MCO Cotai"), including 61,320,000 Class A ordinary shares represented by ADSs, with each ADS representing four Class A ordinary shares. MCO Cotai is a wholly-owned subsidiary of MCO Holdings Limited, which is a wholly-owned subsidiary of Melco Resorts & Entertainment Limited ("Melco Resorts"). Melco Resorts is a subsidiary of Melco Leisure and Entertainment Group Limited, which is a wholly-owned subsidiary of Melco International.
FAQ
What does the Form 3 filing for STUDIO CITY (MSC) report for Lawrence Ho?
The Form 3 reports Lawrence Ho’s initial beneficial ownership in Studio City. It shows large indirect holdings of Class A ordinary shares through corporate entities linked to Melco International and MCO Cotai, establishing his starting ownership position as a director.