May 19, 2021
In Macau and local businesswoman Angela Leong On-Kei (pictured) has reportedly become the sole owner of the 283-room L’Arc Macau venue after purchasing its Power Link Fortune Limited and City Honour Developments Limited parents.
According to a report from Inside Asian Gaming, Leong is the fourth consort of late Asian casino magnate Stanley Ho Hung-Sun and also serves as the Co-Chairman and Executive Director for local gaming giant SJM Holdings Limited. The source detailed that the 60-year-old entrepreneur completed the transaction for an undisclosed amount on Monday to moreover take control over the gambling-friendly property’s L’Arc Entertainment operating entity.