Studio City director reports buying 1.04M shares
MCO Cotai Investments Limited is part of a wholly owned subsidiary chain that includes Melco Resorts & Entertainment Limited.
Rhea-AI Filing Summary
Studio City International Holdings Ltd (MSC) director Lawrence Yau Lung Ho reported an indirect purchase of 1,043,600 Class A ordinary shares on September 23, 2026, at a reported price of 0.1977 per share. The transaction footnote identifies MCO Cotai Investments Limited as the record holder and states that it is wholly owned by MCO Holdings Limited. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,043,600 shares
Net Buy
2 txns
Insider
HO LAWRENCE YAU LUNG
Role
Director
Bought
1,043,600 shs ($206K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary shares F1 | 1,043,600 | $0.1977 | $206K |
| holding | Class A Ordinary shares F2 | -- | -- | -- |
Holdings After Transaction:
Class A Ordinary shares — 464,139,192 shares (Indirect, By Corporation)
Footnotes (2)
- F1. Class A ordinary shares owned of record by MCO Cotai Investments Limited ("MCO Cotai"), including 62,363,600 Class A ordinary shares represented by American Depositary Shares ("ADS"), 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 Development Limited ("Melco International").
- F2. Class A ordinary shares owned of record by Melco International, including 472 Class A ordinary shares represented by 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.
Key Figures
Class A ordinary shares purchased: 1,043,600 shares
Reported purchase price: 0.1977 per share
Class A ordinary shares represented by ADS: 62,363,600 shares
+1 more
4 metrics
Class A ordinary shares purchased
1,043,600 shares
Indirect purchase reported September 23, 2026
Reported purchase price
0.1977 per share
Transaction reported September 23, 2026
Class A ordinary shares represented by ADS
62,363,600 shares
MCO Cotai record-ownership footnote
ADS ratio
4 Class A ordinary shares per ADS
Ratio stated in the ownership footnote
Key Terms
Class A ordinary shares, American Depositary Shares, wholly-owned subsidiary
3 terms
wholly-owned subsidiary financial
"MCO Cotai is a wholly-owned subsidiary of MCO Holdings Limited"
A wholly-owned subsidiary is a company whose entire ownership is held by another company, called the parent, so the parent controls all shares, board appointments and major decisions. For investors this matters because the subsidiary’s profits, losses, assets and liabilities are treated as part of the parent’s financial picture, affecting valuation and risk exposure — imagine a parent owning a single storefront outright and consolidating its receipts and bills into the parent’s books.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who owns MCO Cotai Investments Limited?
MCO Cotai Investments Limited is a wholly owned subsidiary of MCO Holdings Limited, which is a wholly owned subsidiary of Melco Resorts & Entertainment Limited. Melco Resorts is a subsidiary of Melco Leisure and Entertainment Group Limited, which is wholly owned by Melco International Development Limited.
AI-generated analysis. How Rhea-AI works. Not financial advice.