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Lawrence Ho Yau Lung (pictured), chairman and chief executive of Macau casino operator Melco Resorts and Entertainment Ltd, has been awarded American depositary shares with a market value of US$10 million, according to a Thursday filing in the United States. The 484,956 restricted depositary shares valued at US$20.68 each, are equivalent to 1,454,868 Melco Resorts shares. The size of the award had been determined with reference to Mr Ho’s “duties and responsibilities as director of a subsidiary of Melco Resorts in Macau, where the majority of Melco Resorts group’s business is located,” said the filing. The restricted shares granted represent approximately 0.10 percent of Melco Resorts’ issued shares as of the date of the announcement, said the filing.

United statesEntertainment ltdMelco resortsLatest newsMelco resortஒன்றுபட்டது மாநிலங்களில்பொழுதுபோக்கு லிமிடெட்மெல்கோ ரிசார்ட்ஸ்சமீபத்தியது செய்திமெல்கோ உல்லாசப்போக்கிடம்